by Dave Johnson | Aug 6, 2014 | Blog, Trade, Trans-Pacific Partnership
In a Detroit News op-ed this week, Michigan Republican Senate candidate Terri Lynn Land separated herself from most Republican lawmakers and voiced opposition to the Trans-Pacific Partnership (TPP) trade agreement currently being negotiated. Her op-ed included this: I...
by Bill Scher | Aug 6, 2014 | Blog, Democracy
David Brat's Republican primary defeat of Rep. Eric Cantor (Va.) was widely attributed to a groundswell of right-wing anti-immigrant fervor, despite the fact that Cantor had taken the lead in blocking immigration reform, and despite the fact that their congressional...
by Roger Hickey | Aug 6, 2014 | Blog, Tax Reform
Yesterday afternoon the Wall Street Journal’s MarketWatch reported the news: “Walgreen Stock Tumbles on Report It Won’t Invert.” Citing unnamed sources (and Sky News), the bulletin reported that Walgreens has decided not to “invert” the company’s nationality to become...
by Dave Johnson | Aug 5, 2014 | Blog, Tax Reform
Several American corporations are using a tax loophole scheme called "inversion" to get out of being American corporations obligated to pay American corporate tax rates. They buy or merge with a non-U.S. corporation (usually located in a tax haven), pretend they are a...
by Bill Scher | Aug 5, 2014 | Blog, Democracy
Two months ago, Sen. Rand Paul declared, "I say everywhere I go I am for immigration reform.". Everywhere, with the exception of the Barefoot Bar in Okoboji, Iowa, when caught between anti-immigrant bigot Rep. Steve King and two undocumented immigrants who came to...
by Richard Eskow | Aug 5, 2014 | Blog, Economy
Thomas Friedman recently filed an editorial from, and about, Madagascar. In a new piece for Salon, we point out the flaws in his thinking - flaws that mirror his shortsighted and trend-infatuated view of the domestic economy. Friedman is an ideal exemplar of...