Author: KJ McElrath

Wall Street Journal Admits Govt. Must Stop Large Corporations and Increase Competition

Wall Street Journal Admits Govt. Must Stop Large Corporations and Increase Competition

Posted by | Jul 10, 2015 | , |

The Wall Street Journal has finally acknowledged what the rest of us have long known to be the problem with the current capitalist system: there’s not enough competition. It’s ironic, but it’s true: because of all the mergers and acquisitions of the past several years; modern-day capitalism is completely at odds with the free-enterprise system. The latter is driven by competition that forces players to innovate, become more efficient, and offer better goods and services at lower cost. The former is like the Blob of the classic 1958 science-fiction film: it sucks up everything, consumes everything in its path,...

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Supreme Court Justices Own Stock in Companies They Issue Opinions

Supreme Court Justices Own Stock in Companies They Issue Opinions

Posted by | Jul 9, 2015 | , |

It’s no secret Chief Justice John Roberts, along with Associate Justices Stephen Breyer and Samuel Alito, have rarely met a Corporate Person they didn’t want to protect. After all, they have rich buddies who, one way another, helped them to get where they are today. However, when they start ruling in cases involving corporations of which they are part owners, it’s taking corruption to a whole new, appalling level. That is exactly what has been happening. In nearly twenty instances, these three justices have failed to recuse themselves from cases in which they had vested, personal, financial interest. They...

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Government Proudly Claims Unemployment Rate Dropping – Doesn’t Tell You Jobs Are Up Because of Expanding Prison Size

Government Proudly Claims Unemployment Rate Dropping – Doesn’t Tell You Jobs Are Up Because of Expanding Prison Size

Posted by | Jul 9, 2015 | , |

Most of us know that the U.S. has the largest prison population on the planet. It’s more than the number of people living in Siberian gulags in the old Soviet Union under Stalin. Over half are non-violent drug offenders, and a disproportionate number of them are African-American. According to an article that appeared in the Wall Street Journal in August of 2014, one-third of Americans now have some kind of criminal record. These records don’t usually show whether or not the charges were dropped, or if the arrest was made in error. Meanwhile, that record – even for misdemeanors...

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Fracking Toxins Ending Up in Drinking Water; No Action by Feds or Courts

Fracking Toxins Ending Up in Drinking Water; No Action by Feds or Courts

Posted by | Jul 9, 2015 | |

It’s bad enough that state governments are so beholden to the fossil fuels industry that they are overturning local municipal laws that ban hydraulic fracturing, or “fracking.” To add insult to injury, it turns out that these companies don’t even have to reveal what chemicals they’re using. While a recent Oklahoma Supreme Court decision has allowed homeowners to sue these companies, those companies are under no obligation to tell the courts – or anyone else – about the substances with which they’re poisoning your water. Furthermore, the Federal Government has no plans to force them to do so. At...

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American Companies Dodge U.S. Taxes, Yet U.S. Government Still Awards Them Massive Contracts

American Companies Dodge U.S. Taxes, Yet U.S. Government Still Awards Them Massive Contracts

Posted by | Jul 8, 2015 | , |

“American” corporations that “invert,” or establish offshore domiciles in order to avoid payment of U.S. taxes, are still feeding at the government trough. They have benefited from American laws, courts and infrastructure, becoming obscenely wealthy – yet refuse to return the favor to We The People. And who and what are enabling this? One of the biggest violators is the Obama Administration, as the lame duck executive who ran on “Hope and Change” now reveals his true corporatist colors. Last year the corporate practice of “inversion” became an issue in the wake of several corporations announcing their intention to...

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