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Showing posts with the label corruption

How our Capitalistic Society Became a Plutocracy

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Op-ed by TheWiseOldFart Let me take you back to how America’s economy functioned in the 20th century. When I was a young man in the late 1950’s and 1960’s I learned about capitalism and how our country flourished throughout the early 20 th century. If a corporation declared a profit of 30 percent or more, it was considered to be one of the top corporations in America. These profits were shared with their employees, and reinvested into their companies to ensure continued growth. Of course some of the profits were awarded to a successful management team in the form of shares in the corporation or bonuses. PROFITS ARE NOW OFF THE CHARTS, AND EMPLOYEES NO LONGER SHARE IN THEIR SUCCESS Today’s large corporations declare profits of 300, 400, 500 percent or more. We have no way of knowing the real number thanks to the tax code. The tax code contains 6,871 pages. Most of those pages are what we call “loopholes,” ways for the super-rich to avoid paying their fair share of taxes. They

Clarence Thomas is Whining: My Advice is Resign

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Op-ed by TheWiseOldFart   Justice Clarence Thomas is whining. He is complaining about criticism from the voting public related to his personal misdeeds , bias in favor of Donald Trump, and decisions which contradict the will of the people. He is also under attack with his five comrades who continue to vote against the intent of the Constitution.   On Friday, while attending a judicial conference, he was asked about working in a “meanspirited environment.”   "I think there's challenges to that. We're in a world and we — certainly my wife and I the last two or three years it's been — just the nastiness and the lies, it's just incredible," Thomas said.   "But you have some choices. You don't get to prevent people from doing horrible things or saying horrible things. But you have to understand and accept the fact that they can't change you unless you permit that," Thomas said.   I have a solution for the controversial justice: resign!   TH

Mike Johnson’s Freedom Caucus Supports a Nation Without Laws

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Op-ed by TheWiseOldFart   It is no secret that the Freedom Cau cus supports Trump and his fascist agend a. However, recent votes in the House prove that the FC supports Vladimir Putin and his illega l and immoral invasion of Ukraine.   However, a recent statement by the FC ’ s new leader, Speaker Mike Johnson, confirms one even more frightening fact: it supports a nation without laws : a country where anarchy prevails.   Johnson demanded an immediate end to all of Trump’s criminal trials. FREEDOM CAUCUS ATTEMPTING TO PROTECT OUR NATION’S BIGGEST CRIMINAL   I admit that I am one of millions of Ameri cans who know that Trump is guilty of all chages levied against him. I have been writing about the worst man i n the world since 2013. I know his history and nearly every crime Big Adolf has committed since his father paid for his diploma from Wharton. His life is a tale of crime and debauchery. There are reasons why Trump was shipped off to military boarding school at the age of thirt