Click here to go to most recent posts.
Showing posts with label wall. Show all posts
Showing posts with label wall. Show all posts
Sunday, 22 January 2017
Monday, 31 August 2015
Wednesday, 13 August 2014
Thursday, 1 November 2012
Who said it?
Can anyone guess who said the following? Who can you imagine saying it? If you know the answer, don't spoil it for others.
"The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. We make the rules, pal. The news, war, peace, famine, upheaval, the price per paper clip. We pick that rabbit out of the hat while everybody sits out there wondering how the hell we did it. Now you're not naive enough to think we're living in a democracy, are you buddy?"
Click here to go to most recent posts.
"The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. We make the rules, pal. The news, war, peace, famine, upheaval, the price per paper clip. We pick that rabbit out of the hat while everybody sits out there wondering how the hell we did it. Now you're not naive enough to think we're living in a democracy, are you buddy?"
Click here to go to most recent posts.
Friday, 3 February 2012
Who's paying the taxes?
From Wall Street Journal:
U.S. companies are booking higher profits than ever. But the number crunchers in Washington are puzzling over a phenomenon that has just come into view: Corporate tax receipts as a share of profits are at their lowest level in at least 40 years.
Total corporate federal taxes paid fell to 12.1% of profits earned from activities within the U.S. in fiscal 2011, which ended Sept. 30, according to the Congressional Budget Office. That's the lowest level since at least 1972. And well below the 25.6% companies paid on average from 1987 to 2008.
LINK
And the fat cats keep wondering what all the excitement is about. Occupy this!
Click here to go to most recent posts.
U.S. companies are booking higher profits than ever. But the number crunchers in Washington are puzzling over a phenomenon that has just come into view: Corporate tax receipts as a share of profits are at their lowest level in at least 40 years.
Total corporate federal taxes paid fell to 12.1% of profits earned from activities within the U.S. in fiscal 2011, which ended Sept. 30, according to the Congressional Budget Office. That's the lowest level since at least 1972. And well below the 25.6% companies paid on average from 1987 to 2008.
LINK
And the fat cats keep wondering what all the excitement is about. Occupy this!
Click here to go to most recent posts.
Thursday, 2 February 2012
Wednesday, 23 July 2008
This just in...
Perhaps you've heard: President Bush thinks that "Wall Street got drunk."
After asking guests at a private fund-raiser to turn their cameras off (clearly, at least one person didn't), Bush continued: "It got drunk, and now it's got a hangover. The question is: How long will it sober up and not try to do all these fancy financial instruments?"
With brilliant economic acumen like that controlling the American purse strings, it's a miracle the country hasn't completely imploded. I hope for everyone's sake it doesn't sink much further before the next inauguration takes place and a more advanced form of primate takes office.
After asking guests at a private fund-raiser to turn their cameras off (clearly, at least one person didn't), Bush continued: "It got drunk, and now it's got a hangover. The question is: How long will it sober up and not try to do all these fancy financial instruments?"
With brilliant economic acumen like that controlling the American purse strings, it's a miracle the country hasn't completely imploded. I hope for everyone's sake it doesn't sink much further before the next inauguration takes place and a more advanced form of primate takes office.
Subscribe to:
Posts (Atom)