The private equity firm founded by Republican presidential candidate Mitt Romney made use of arcane techniques in several of its Cayman Islands-based funds to avoid U.S. taxes, according to a trove of Bain Capital’s private audit and finance records made public on the website Gawker today.
They wasted trillions of dollars in fraudulent, disastrous wars. They recklessly deregulated banking and securities. They corrupted and mismanaged government. They gave away almost trillions dollars in tax breaks and loopholes for the rich. They made incentives for corporations to ship jobs overseas. They defunded education, making it harder for people to get the skills […]
In Why Tim Eyman should, at last, run for public office Seattle P-I columnist Joel Connelly rightly attacks anti-tax activist Tim Eyman for proposing voter initiatives that have made it impossible to adequately fund education, social services, and other government services. Connelly writes: Eyman, as a legislator, would have to help write a budget. He […]
Occupy Wall Street: Day 9 – 200+ Arrested – MSM Finally Wake-up Yesterday between 121 and 200 protesters were arrested when a peaceful march of approximately 2,000 headed to Union Square to spread the word about their occupation for emancipation from a corrupt economic and financial system. The events made news in many national MSM […]