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Thu - January 18, 2007Senate Republicans stop ethics reformGiven the damaging role corruption played
against the GOP in the 2006 elections, one might think that Republicans would be
anxious to get on the right side of ethics reform. One would be wrong.
Yesterday, the Senate GOP voted en masse against ending debate on the Senate
ethics bill. The GOP's first
filibuster stops ethics reform.
Posted at 03:54 PM Read More Thu - October 26, 2006Exxon Mobil Posts Second Highest Quarterly Profit EverThanks in large part to this
summer’s record high oil and gasoline prices, Exxon Mobil posted a
quarterly profit of $10.49 billion - the second highest quarterly profit for a
publicly traded American company ever.
Posted at 11:13 PM Read More Mon - October 16, 2006Virtual economies attract real-world tax attentionUsers of online worlds such as Second Life
and World of Warcraft transact millions of dollars worth of virtual goods and
services every day, and these virtual economies are beginning to draw the
attention of real-world authorities.
Posted at 01:29 PM Read More Sun - October 1, 2006How Taxpayers are Subsidizing the Demise of the Family FarmTaxpayers may not realize it, but the
money they send to Washington is hastening the demise of family farms through
the agricultural subsidy programs that purport to save them.
Posted at 11:59 AM Read More Wed - September 20, 2006Taxpayers Could be Railroaded by Largest Ever Government Bailout to Private CompanyFrontiers of Freedom Institute voiced
opposition to approval by the Federal Railroad Administration (FRA) of a $2.3
billion bailout for the privately-held Dakota, Minnesota and Eastern Railroad
(DM&E), orchestrated by DM&E lobbyist-turned-U.S. Senator John
Thune.
Posted at 11:55 AM Read More Thu - July 27, 2006Exxon Mobil makes more than $10 billionNo. 1 U.S. oil company earns $1,318 a
second - topping forecasts - but comes in just shy of a record.
Posted at 09:31 PM Read More Tue - July 11, 2006U.S. deficit estimate drops to $296BWhite House figures released Tuesday
estimate the federal deficit for the 2006 budget year ending Sept. 30 will be
$296 billion — much better than the $423 billion Bush predicted in
February but only a slight improvement over last year's $318
billion.
Posted at 09:57 PM Read More Mon - July 3, 2006Industry tax breaks have stalled Superfund cleanupsIt's been more than a quarter century
since the infamous toxic waste pit known as Love Canal jolted Congress into
creating the Superfund program to clean up abandoned chemical dumps.
Nonetheless, tens of thousands of Pennsylvanians are still living with hazards
that should have been removed decades ago.
Posted at 09:42 PM Read More Thu - June 22, 2006Republican House Speaker Hastert and two other Republican Congressmen accused of using pork to enrich themselves financiallyHouse Speaker J. Dennis Hastert (R-Ill.)
made a $2 million profit last year on the sale of land near a highway project
that he helped to finance with targeted federal funds.
Posted at 01:40 PM Read More Tue - May 30, 2006Restoring the Draft: The Universal National Service Act of 2006Congressman Charles Rangel, a Democrat
(NY), introduced on 14 February 2006 a bill in the US Congress which requires:
"all persons in the
United States, including women, between the ages of 18 and 42 to perform a [two
year] period of military service or a period of civilian service in furtherance
of the national defense and homeland security, and for other
purposes."
Posted at 06:00 PM Read More Sun - May 28, 2006GOP Senate's top priority is passing constitutional amendments to ban gay marriage and flag burningThere's an election this November. The
Republicans who currently control the US House and the US Senate think flag burning and
gay marriage are the top two issues in America today. Check out your
wallet, your gas tank, your health care plan, and the condition of your friends
and relatives fighting in Iraq, then think real hard about whether gay marriage
and flag burning are the top two issues on YOUR agenda.
Posted at 06:41 PM Read More Fri - May 26, 2006Ticketmaster Auction Will Let Highest Bidder Set Concert PricesLate this year the company plans to
begin auctioning the best seats to concerts through
ticketmaster.com.
Posted at 01:45 PM Read More Mon - May 1, 2006Majority of corporations pay no taxes according to government reportIn prior reports, GAO found differences in the
percentages of foreign-controlled corporations (FCC) and U.S.-controlled
corporations (USCC) reporting no tax liability. Based on concerns that FCCs
could be avoiding taxes by improperly shifting income to lower tax countries,
GAO was asked to compare, for the years 1996 through 2000, (1) FCCs and USCCs,
based on the tax liabilities they reported on their U.S. income tax
returns--including the percentages reporting zero liabilities--and (2) the
differences in FCCs and USCCs in terms of age and industry concentration and the
extent to which these differences might explain tax reporting patterns. The
report provides information separately for large corporations--those with at
least $250 million in assets or $50 million in gross receipts--because, while
they account for only 1 percent of all corporations, they own over 93 percent of
all assets reported on corporate returns.
Posted at 09:23 PM Read More Billions wasted in Iraq, says US auditA US congressional inspection team set up
to monitor reconstruction in Iraq today publishes a scathing report of failures
by contractors, mainly from the US, to carry out projects worth hundreds of
millions of dollars.
Posted at 05:53 PM Read More Sun - April 30, 2006Bush administration claims no price gouging at the pumpsThe Bush administration sees no direct evidence of
profiteering by big U.S. oil companies and is doing all it can to tame
near-record prices, U.S. Energy Secretary Sam Bodman said on
Sunday.
Posted at 09:19 PM Read More |
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Total entries in this category: Published On: May 17, 2008 08:49 PM |
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