If there was ever any illusion that the super-rich would start acting nicer after Congress gave them both income and estate tax breaks, I present Wal-Mart’s thanks for Congress’ willingness to make the Walton family even richer: (h/t Consumerist) Wal-Mart managers in the U.S. received instructions to mark up an average of 1,800 types of [...]
Wal-Mart Hikes Toy Prices Just as Congress Gives the Waltons Huge Tax Breaks |
| By: emptywheel Wednesday December 15, 2010 2:58 pm |
Bernie Sanders Quotes Jeff Immelt: “I am a Nut on China” |
| By: emptywheel Tuesday December 14, 2010 5:10 am |
This was, IMO, the highlight of Bernie Sanders’ non-filibuster on Friday: GE is of course one of our major corporations, and in fact this recent disclosure pointed out the taxpayers of this country, through the Fed, provided $16 billion in bailout to General Electric during the recent crisis. This is what the head, CEO, of [...]
The Obama Disconnect: Arlington, Korea and Catfood |
| By: bmaz Thursday November 11, 2010 11:30 am |
Barack Obama is in Korea lecturing Americans to suck it up and embrace the catfood at the same time Biden was left to represent the WH at the Arlington National Cemetery ceremony to honor America’s Veterans; all so Obama could sell out American labor via a Korean free trade agreement. Dumbest politics ever.
David Axelrod’s Quaint Idea of Middle Class “Security” |
| By: emptywheel Wednesday November 10, 2010 11:52 pm |
There’s a lot to despise about David Axelrod’s announcement of Obama’s capitulation to the oligarchs on tax cuts, not least that he made this announcement on the same day Obama’s Catfood Commission Chairs started the process of stealing from seniors to “fix” our deficit. Let yesterday be marked as the day when a nominally Democratic [...]


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