Ever wonder how large corporations avoid paying income tax?
Most of America’s largest publicly traded corporations — including several that are receiving billions of dollars from U.S. taxpayers to finance their recovery — have set up offshore operations that could help them avoid paying U.S. taxes on their profits, a government [...]
I don’t know if anyone misunderstood me, so I will be frank. This country is the best country that has existed in recent history. I say that because we have kicked the entire world’s ass and occupy nobody. This country has bailed out the world and we don’t even require the [...]
Considering the extreme fallout from failure of the auto industry has caused me to review history for similar cataclysms from the past. Thank goodness we didn’t allow these two major strongholds of American consumerism to fall by the wayside in preference for movement forward.
The slide rule industry. With the unfair [...]
“The bailout died after failing 52-35 on a Senate procedural vote.”
Thank god. That’s the verdict according to Fox News.
Not that Fox is to be trusted entirely, but… seems like a pretty real statistic.
http://www.reuters.com/article/politicsNews/idUSTRE4BA4S420081211
Any hopes at “change” from the current bailout mentality should be readily dashed.
“President-elect Barack Obama said on Thursday he hoped a congressional deal to bail out the struggling U.S. auto industry could be reached this week, saying again that Detroit’s “Big Three” automakers could not be allowed to [...]
It is true that the big three had no crystal ball in which to gaze and see the rise of gas prices. So it goes. This is the way of a free market. You don’t always bring things on yourself, they just kind of happen. It is unfortunate, but it is [...]
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