Senator Sanders, in his no-nonsense approach, released a report identifying 18 CEOs responsible for wrecking the economy.
Bernie Sanders is the underdog in the American political race, but he’s quickly gaining momentum as a prime candidate to lead the US, as his no-nonsense, candor approach is appreciated by many – especially the millennial generation.
In response to 80 CEOS recently publishing a letter on the Wall Street Journal lecturing America about deficit reduction and urging them to “act on the deficit and reform Medicare and Medicare,” Sanders had the following to say:
There really is no shame. The Wall Street leaders whose recklessness and illegal behavior caused this terrible recession are now lecturing the American people on the need for courage to deal with the nation’s finances and deficit crisis. Before telling us why we should cut Social Security, Medicare and other vitally important programs, these CEOs might want to take a hard look at their responsibility for causing the deficit and this terrible recession.
Our Wall Street friends might also want to show some courage of their own by suggesting that the wealthiest people in this country, like them, start paying their fair share of taxes. They might work to end the outrageous corporate loopholes, tax havens and outsourcing provisions that their lobbyists have littered throughout the tax code – contributing greatly to our deficit.
Many of the CEO’s who signed the deficit-reduction letter run corporations that evaded at least $34.5 billion in taxes by setting up more than 600 subsidiaries in the Cayman Islands and other offshore tax havens since 2008. As a result, at least a dozen of the companies avoided paying any federal income taxes in recent years, and even received more than $6.4 billion in tax refunds from the IRS since 2008.
Several of the companies received a total taxpayer bailout of more than $2.5 trillion from the Federal Reserve and the Treasury Department.
Many of the companies also have outsourced hundreds of thousands of American jobs to China and other low wage countries, forcing their workers to receive unemployment insurance and other federal benefits. In other words, these are some of the same people who have significantly caused the deficit to explode over the last four years.
Remaining true to his promise to serve the people as a politician, Sanders responded to the lecture from the American CEO’s by releasing a report detailing how 18 of them have helped blow up the deficit and wreck the economy outsourcing jobs and evading US taxes.
The list of 18 CEO’s follows:
1) Bank of America CEO Brian Moynihan
Amount of federal income taxes paid in 2010? Zero. $1.9 billion tax refund.
Taxpayer Bailout from the Federal Reserve and the Treasury Department? Over $1.3 trillion.
Amount of federal income taxes Bank of America would have owed if offshore tax havens were eliminated? $2.6 billion.
2) Goldman Sachs CEO Lloyd Blankfein
Amount of federal income taxes paid in 2008? Zero. $278 million tax refund.
Taxpayer Bailout from the Federal Reserve and the Treasury Department? $824 billion.
Amount of federal income taxes Goldman Sachs would have owed if offshore tax havens were eliminated? $2.7 billion
3) JP Morgan Chase CEO James Dimon
Taxpayer Bailout from the Federal Reserve and the Treasury Department? $416 billion.
Amount of federal income taxes JP Morgan Chase would have owed if offshore tax havens were eliminated? $4.9 billion.
4) General Electric CEO Jeffrey Immelt
Amount of federal income taxes paid in 2010? Zero. $3.3 billion tax refund.
Taxpayer Bailout from the Federal Reserve? $16 billion.
Jobs Shipped Overseas? At least 25,000 since 2001.
5) Verizon CEO Lowell McAdam
Amount of federal income taxes paid in 2010? Zero. $705 million tax refund.
American Jobs Cut in 2010? In 2010, Verizon announced 13,000 job cuts, the third highest corporate layoff total that year.
6) Boeing CEO James McNerney, Jr.
Amount of federal income taxes paid in 2010? None. $124 million tax refund.
American Jobs Shipped overseas? Over 57,000.
Amount of Corporate Welfare? At least $58 billion.
7) Microsoft CEO Steve Ballmer
Amount of federal income taxes Microsoft would have owed if offshore tax havens were eliminated? $19.4 billion.
8) Honeywell International CEO David Cote
Amount of federal income taxes paid from 2008-2010? Zero. $34 million tax refund.
9) Corning CEO Wendell Weeks
Amount of federal income taxes paid from 2008-2010? Zero. $4 million tax refund.
10) Time Warner CEO Glenn Britt
Amount of federal income taxes paid in 2008? Zero. $74 million tax refund.
11). Merck CEO Kenneth Frazier
Amount of federal income taxes paid in 2009? Zero. $55 million tax refund.
12) Deere & Company CEO Samuel Allen
Amount of federal income taxes paid in 2009? Zero. $1 million tax refund.
13) Marsh & McLennan Companies CEO Brian Duperreault
Amount of federal income taxes paid in 2010? Zero. $90 million refund.
14) Qualcomm CEO Paul Jacobs
Amount of federal income taxes Qualcomm would have owed if offshore tax havens were eliminated? $4.7 billion.
15) Tenneco CEO Gregg Sherill
Amount of federal income taxes Tenneco would have owed if offshore tax havens were eliminated? $269 million.
16) Express Scripts CEO George Paz
Amount of federal income taxes Express Scripts would have owed if offshore tax havens were eliminated? $20 million.
17) Caesars Entertainment CEO Gary Loveman
Amount of federal income taxes Caesars Entertainment would have owed if offshore tax havens were eliminated? $9 million.
18). R.R. Donnelly & Sons CEO Thomas Quinlan III
Amount of federal income taxes paid in 2008? Zero. $49 million tax refund.
As PoliticusUSA discloses, eighteen of the 80 CEOs who signed the call for deficit action are actually some of the biggest outsourcers and tax cheats in America. Not only did they crash the economy in 2008, they followed that incident by taking billions in taxpayer bailout dollars.
Then, they outsourced jobs and evaded taxes. It’s pretty unbelievable, then, that they are now calling for action on a deficit that they helped create over the past four years.
Thankfully, Senator Sanders is not standing for the corruption and has done a great deed by bringing the disgraceful actions of these CEOs to attention.
Raise awareness by sharing this article and comment your thoughts below.
Source: (All data from Top Corporate Dodgers report.)
This article (18 CEOs Called Out By Bernie Sanders For Taking Trillions In Bailouts, Evading Taxes, and Outsourcing Jobs) is free and open source. You have permission to republish this article under a Creative Commons license with attribution to the author and TrueActivist.com
Why is it they get tax refunds when I make under 20,000 a year and owe taxes!!!! They have GOT to be stopped!!!!
These company’s and their CEOs are not cheats. They are just taking advantage of a law that allows them to shovel their money around to best advantage. When the richer elements of congress have fingers in so many pies it’s no wonder they don’t stand up and shout foul play. It’s right, they must be stopped, but it won’t be by the lawmakers.
Tom: Who controls the gov’t?
Marie barber. If u make under twenty thousand dollars a year, u don’t pay taxes. A matter of fact it’s guaranteed that u live off of some form of government subsidies. This is partially why the democrats have such a huge voting base. People like u who have absolutely no idea what you’re talking about let alone what, or who, you’re voting for. Most citizens who vote democrat, vote blindly. They don’t know what they’re voting for or why. They’re told that because they’re poor they must vote democrat, even when in the majority of cases, voting democrat is the worst choice they could make as a poor person. Stupidity breeds stupidity.
Typical internet rhetoric from Daniel. If you can’t make a coherent argument, trying to embarrass or belittle someone or a group suffices.
you are making me laugh harder then I ever did!
Wow. What a brainwashed spoon fed Faux news idiot this guy is. Smh.
Another breitbart bozo. “Most citizens who vote democrat, vote blindly.” Really ? That statement alone, disqualifies you from any further serious discussion of the topic. Bet you also believe Obama is a Muslim, right ? As you said, stupidity breeds stupidity. In your case, the stupid gene is embedded deep, going back generations. Go back to sucking Sean Hannity’s tiny little limp dick and leave political discussions to the adults.
Bull effing shit. I make less than that and pay taxes. Thay are deducted from my check off the top. I make too little to afford health insurance and too much to get medi-cal. I get absolutely no state or federal assistance. My last wonderfull tax return was $500, which I used all of to put a dent in my winter heating bills. That government hand out statement you make puts you somewhere on this list. Gifted in sarcasm, a privileged idiot, a calloused pig, or outstandingly ignorant.
You are a stupid man Daniel. First you have no defense. Second you use scare tactics to sound intelligent. Third and final note. You are a loser who probably watches Fox News and follows Donald Trump. Why don’t we debate the fact coward.
I want to see you you back up any of the crap your spewing. If you make just $20,000 a year you can indeed owe taxes (depending on your with holding)Democrats don’t vote blindly there the party that votes intelligently. They are not beholden to big money. Its Republicans who like to re-write history. By the way what party was Bush that dragged us into one huge recession? Obama finally got us out of it.
I believe that puts them in the 15% tax bracket. Now if we can change the top 2 tiers to 80% and 90% that America will be great again.
Table 1. 2016 Taxable Income Brackets and Rates (Estimate)
Married Joint Filers
Head of Household Filers
$0 to $9,275
$0 to $18,550
$0 to $13,250
$9,275 to $37,650
$18,550 to $75,300
$13,250 to $50,400
$37,650 to $91,150
$75,300 to $151,900
$50,400 to $130,150
$91,150 to $190,150
$151,900 to $231,450
$130,150 to $210,800
$190,150 to $413,350
$231,450 to $413,350
$210,800 to $413,350
$413,350 to $415,050
$413,350 to $466,950
$413,350 to $441,000
Source: Author’s Calculations.
The fleecing of America is a process that takes away what used to be aspects of freedom. Financially disenfranchised individuals have less fighting powers….fighting for some valuable rights. By the time future generations emerge they won’t know what they’ve been missing.
I am stunned! All I can think about is share this information from Senator Sanders and Share what is shared by Anonymous. These companies are ignorant. No one will have the money to buy anything from these crooks. They are stealing from themselves in the long run.
They put foreclosed homes on market and rarely, if ever, negotiate with a buyer. Guess what? They’ve already been PAID for the house! When the put on market, they are getting MORE. They could negotiate downward a lot….they want all the money. Imagine being paid TWICE on one house. Yeah, that’s the banking industry’s theory in the U.S.
Tariffs you are correct!
This guy is running for president, he’s the Senator of my home state VT. He has his office right in Burlington, my hometown, and walks through town all the time and talks to people casually. He’s a person of the people, he flies coach, he REFUSES super PACS from any corporation, he’s the only real genuine candidate that has shown and proven he’s for the people and the people only. He’s the 2nd leading Democrat in the primaries behind Hillary, he’s had the most followers to his crowds then anyone in history, he was elected Time’s person of the year this year by a landslide, but then got changed at the last minute cause Time is corporate owned yet no ones knows about this guy because the media is corrupt and bought for by these corporations he’s calling out! SPREAD THE WORD ON SENATOR SANDERS RUNNING FOR PRESIDENT!!! He’s been about the same thing for years, and it’s very visible in actions, he was the Mayor of Burlington before I was even born,and he walked door to door to talk to people about his campaign, he’s the real deal. He attended MLK’s March to DC, he’s been calling out corruption in our system for years. He’s our best chance to revive our country and economy and society as whole. He’s been the Senate of VT since before I was born, and everyone loves him, he’s leading the Republicans in VT along with every other party practically,cause we see how effective and great he is! #Bernie2K16
Bernie Sanders 2016!
You’re absolutely correct. The giant snake eating it’s own tail – should be the symbol of unregulated capitalism.
Oh, there’s regulation all right–regulation to protect and support a variety of large corporations or to protect and encourage oligarchic corporate “capitalism” (or socialism for the wealthy/corporate, capitalism for the rest of us). Monsanto’s been protected by the US gov for years–Zoellick, US trade rep during the Clinton Administration, later president of the World Bank, pushed hard to get the EU, et al, to purchase/plant GM seeds, claimed their not doing so was a violation of the WTO, i.e., ‘free’ trade. Just one example. Vlisak, Obama’s Sec’y of Ag is another pro-Monsanto shill, and very pro-corporate ag. [” He was also chair of the Governors Biotechnology Partnership, the Governors Ethanol Coalition” and “Among those reasons the report cites: Vilsack has repeatedly demonstrated a preference for large industrial farms and genetically modified crops; as Iowa state governor, he originated the seed pre-emption bill in 2005, effectively blocking local communities from regulating where genetically engineered crops would be grown;” https://en.wikipedia.org/wiki/Tom_Vilsack
What about Apple and Google ?
I think the list will need to be refresh …
They may not have been a part of the 80 CEOs that wrote the letter from wall street, if you read the beginning this is only a list of those CEOs that are calling on the American people to make changes to deal with the deficit. Apple and Google may fall into the same category as these other companies in that they aren’t helping with the deficit, but they aren’t telling people to make changes to help them even further ruin the economy
Yes. How could Murdoch be left off this list?
Bernie is using the old Truth, Facts and Sincerity ploy, AGAIN. The same tactic he’s been using for decades. Oh the horror.
He just shot himself in the foot. big business will black list him making it very hard to get elected
Last time I check.. he has a VERY strong grass roots campaign going.. which means companies can black list him all they want… because his support ISN’T FROM big business.
Ignorance of your statement is appalling Rick. Bernie can say stuff like this because he takes no money from corporations. Millions of us send him our $25 and $50 and he has a war chest to take on the Koch’s and ignorant voters like you.
Meanwhile Rtesian you continue to use product manufactured by the Koch industries and you probably don’t even know who George Soros is or his great influence on the democrat party. I’m an independent voter not a republican, I will not vote for any of the establishment republicans this election and at the same time there is no way in hell I would support Hillary or Bernie for president. Hillary because she is corrupt as hell and Bernie because he couldn’t pass economics 101 in the cheapest lowest cost college of his own choosing. This leaves me with Donald Trump or Ted Cruz both of which have more smarts than Bernie and more integrity than Hillary.
You are joking, right? If not, your ignorance is appalling.
Right on Brandon.
They already have — since before he announced his candidacy — yet his popularity grows. Amazing what truth can do.
corporations may be people but they do not get to cast a ballot
sadly, the american public’s vote doesn’t matter either. it’s all the electoral college that sets the next president. NOT what US citizens want
It’s ionic happened 4 times that the popular vote hasn’t coincided with the victor. So you’re like 8% right.
Duh, the constitution is set up as a republic and each state votes and winner either gets all or majority of electoral votes depending on each states electoral position. You want popular vote then change the whole constitution to popular votes and a democracy and then states like Ca., TX and NY will control the direction of the country not the voters in a state like RI or Idaho or Montana – seems to me it will not be much different then Soros or Buffett or Koch bros being able to controlit all. Choose your poison?
And if they are people why dont they have to pay tax?
Because THEY wrote the tax code!
@ Rick…. it is the people that elect the government, not the corporations and there are more people than corporations in the world. It is up to the people to get motivated and go out and vote for Bernie and others like him. Start spreading the word.
What I think most of you are misunderstanding about your whole perception of the idea that there are “more voters than corporations” and “corporations don’t get votes” is in the reality of today $$=votes. So when you have 90% of voters at the bottom of the economic barrel owning only 25% of the wealth and 7% voters owning 21% of the wealth. that leaves 54% of the nation’s wealth is owned by only 3% of the voters. Those 3% own the corporations…
The reality is, those conversations own more weight with only 3% of the vote because they own 54% of the influence and expect to keep the bottom 97% divided. In no way can 25% influence have an effect on 54% influence… However, with the bottom 97% wealth combined at 45% the tides can change and the bottom 97% can actually put a better deal with more influence on the table. Until that happens, the lobbyists will always ensure the votes of the top 3% hold more influence resulting in this catastrophe of what the American Dream was suppose to be.
Sorry, I forgot to post my references..
Come on – the bottom line is the voters – which rich CEO bought the presidency for Obama? It was the bottom 47% or so as Mitt Romney put it. Was Obama bought and paid for by the 3%? Of course not – if you like statistics – top 3 % of earners don’t have enough votes to elect him. Get to the bottom of all this smart intellectual talk. the tax code for better or worse was set up by congress and signed by presidents along the way. And being that they are lawyers by and large and set it up as best they could not recognizing that they left loopholes for others to skirt. Remember we don’t vote purists as our congress but lawyers and in many cases not very smart lawyers. We got what we voted for, party not withstanding. These lawyers are good at one thing and that is self preservation. Elect them out of office by finding real people who know how to balance a budget and cut programs with little benefit and let people go who are no longer needed. It is called fiscal prudence – neither party understands this – one party wants to cut back in certain areas and spend more in other areas and still ends up bigger budget, the other party wants to tax more and give more to the 47 % to hold their voters as hostage and their budget goes up. No one wins, we all lose. So lets votes for people who are socially moderate and fiscally conservative and see if they can fix the problems.
Ever heard of electoral college? It’s people that elect the president but not, “the people”.
Sadly in my state, electorate votes are often cast before election results are in? Look how the Gore election ended. Electorate over popular votes. That is where apathy began and where republicanism won over true democracy.
If you want a democracy and its problems go for it – you live in a small state that votes for a man who supports the majority of the people in your state and Ca votes for the other candidate and the big state wins and you are SOOL – electorate college tries to give value to each state more so then a popular vote would. IMHO
“1) Exxon Mobil made $19 billion in profits in 2009. Paid no taxes and got a $156 million IRS rebate
2) Bank of America got a $1.9 billion refund last year, made $4.4 billion and got a 1 trillion dollar bailout.
3) General Electric made $26 billion in profits over the past 5 years & got a $4.1 billion refund.
4) Chevron got a $19 million refund & made $10 billion in profits in 2009.
5) Boeing got a $124 million tax refund.
6) Valero Energy — $68 billion in sales & got a $157 million refund check & $134 million tax
break over the past 3 years.
9) ConocoPhil¬lips — made $16 billion in profits from 2007 through 2009. Got $451 million in tax breaks.”
Apache: Houston-based oil and gas company………..Profits: $6 billion Effective tax rate: -0.3%
This absolutely sickens me.
All of the citizens who work hard everyday, trying to build a life in the USA, being told their food must be poisoned with gmos and pesticides, they must pay super fees for medicine, they must work for low wages, breathe polluted air, know how much cruelty goes into having meat to eat, and that they probably wont get a pension or social security because a FEW SELF APPOINTED GREEDY BIG SHOTS decided to TAKE IT ALL. PAY NO TAXES, USE CHILD LABOR, SHIP JOBS OVERSEAS, BUY THE GOVT. Our country and govt have been taken over by these criminals and if we dont take it back, NOW, every one of us is doomed.
isn’t this a group of people who have no respect for the 2nd amendment and why the populace must be armed? humph, how you going to revolt – stop buying their products, what you gonna keep your food cold in? what food you gonna buy, where your fashionable clothes gonna come from? You gonna stop buying cars? where are subways made? where are bikes made. Get real – you got one choise and that is find fiscally prudent people to vote for – Bernie won’t cut it cause everything he wants will require more money from somebody and bottom line it will be the taxpayer.
“it will be the taxpayer”? Bernie clearly states that he will go after Wall street. Why do you think he doesn’t take huge corporate donations? We have EVERY reason to believe he will fight for the lower and middle class.
Meanwhile, the rest of us continue to make them profitable by supporting their goods and services?
Not me…I won’t work with them as a Realtor.
not that your mind can comprehend – many very large banks and insurance companies and mutal funds buy portfolios of mortgages as an investment so ultimately you are doing the dirty work for them. Wasn’t it realtors who told people how they could do their paperwork to get more favorable consideration to buy a house bigger then they could afford? and then when the people got backed up on payments they couldn’t afford the bubble burst.
With all due respect to Senator Sanders, he grossly understates the scale of the problem. According to a widely cited study by the Tax Justice Network (2012), there is at least $21 trillion to as much as $34 trillion in private offshore accounts, set up to deliberately avoid taxes. Just repatriating and taxing this amount alone would wipe out the deficits for many countries.
Of course, this is on top of an unjust tax system which rewards rent-seeking over production in the first place, and a monetary system which allows private creation of almost all money through loan (i.e. debt) origination, with no debt-free Public Option for money where the benefits of seigniorage accrue to the government, as we had under Lincoln ($450m) and still have with coins.
This is most certainly the fundamental issue.
The problem is a need for basic tax reform – to remove ALL the loopholes that allow legal evasion. Simply adding more pages to the code – as Bernie tends to suggest often (see his proposal to “tax Wall Street to fund college education), is not the answer.
I love Bernie, but where is his proposal for tax reform? MIA?
Can I assume that everyone who feels this is an important issue will be voting for Rand Paul – the only candidate who has actually released a real tax reform proposal?
Or can I assume, as usual, if you have a D on your forehead you’re unwilling to “think through” any candidate’s proposals that come from people who do not share the same tatoo?
God forbid we would evaluate candidates on their actual proposals, rather than what party they belong to, right?
On that note, what do you think about the fact, that Americans bring up the fact that “jobs are being sent offshore”, but what about, what’s seems to be happening more then ever, is that corporations are bringing in people from other countries to do the work here on H1B Visas…by the hundreds..
good comment – POTUS letting his cabinet do these things and hurting the middle class he says he wants to help but then anyone with Big D on their forehead wants to let anyone immigrate to this country. Years ago we could do this because we didn’t have the people needed for this county. Nowadays things are different and immigrants being brought in cause they work cheaper. guess it is time to look at unions and if they can fix the problem or are they part of the problem. Just think all these big corporations do their business internationally and I am sure if they moved their headquarters to a low tax country they would be welcomed – would take long for us to become a third world country.
It pains me to say this but our once great country can not be fixed. Most of us are too blind to see what is happening and all of us are too lazy to do anything about it other than express our opinions in the comment section. Its actually amazing that we the people have allowed, accepted, and hell almost embraced corruption at every level and each branch of government. We, the common people, really do have the power to fix almost every faucet of whats wrong with the United States but we wont because Americans don’t give a sh*t about anything…..You know what. I’ve just decided to start a gofundme page and dedicate the rest of my life to lobbying elected officials to always vote whichever way would benefit the 99%, fix our education system, expose corruption(Big Pharma,Monsanto,FDA,EPA,SEC etc) raise awareness/decide if privatized prisons are constitutional and maybe even start a new political party.
“act on the deficit and reform Medicare and Medicare,” – Editor needed. I presume Senator Sanders was misquoted.
Bernie is already being snubbed by the corporate owned network news. There is no other candidate growing in support at his rate, yet, you rarely see any coverage of his campaign. Bernie Sanders is the best candidate for the job. He genuinely cares about the common man.
when I was young they spelled it CON, now it is called CEO.
I like Bernie but I don’t understand these numbers. What on earth is corporate welfare?
Subsidies paid to corporations to help offset business expenses…a system ‘bought’ through lobbying to help businesses get started…so they had gov’t handouts and tax cuts or waivers because jobs would be created, etc. BUT, the subsidies never stopped once the corps got big…and then more tax laws were ‘bought’ to ensure off-shore hiding of money, and then jobs went overseas to reduce overheads of these big corps. Over time more and more benefits have gone to corporations that you and I and mom and pop businesses can’t get. That is corporate welfare…comes out of our pockets.
This buffoon really makes me laugh. His stupid government charges ridiculously high taxes and bails out failing banks and businesses, and he has the gall to blame CEOs?
It’s your fault, you government shill! Lower the taxes, end the bailouts, and stop threatening to raise the price of labor to ridiculous levels!
Sanders is scum.
Let’s go 1%ers! Thank you for creating so much wealth and opportunity in this great nation of ours! Thank you for paying the vast majority of our wasted tax dollars! And thank you for being so charitable around the world!
What the hell do you think Sanders platform is about? That is exactly what he will do if elected…lower taxes for the 99%, end bailouts, and help fight for wages people can live on. He has voted against all the things that has created where we are now…for years he has been standing up against big corp, military industrial complex, big pharma, etc etc and has stood for the people from the time he was a mayor, then a state senator, then a federal senator.
If you think this country being an oligarcy is good for democracy..you are an idiot! And if corps did may their equaitable taxes and not get corp welfare from out of our pockets, this nation would not be in the mess it is in!
MMC Brian Duperreault is no longer CEO. He was brought in to turn around the company after the previous CEO allowed the company to suffer multiple state lawsuits due to unethical behavior by some. He did a lot of great work to instill ethical responsibility and compliance in all employees of MMC. MMCs extraordinary settlements for the lawsuits were probably responsible for the no taxes paid and the refund in 2010.
We can complain and point out the obvious all we want, but WHAT ARE WE DOING ABOUT IT?
Are the corporate tax dodgers complete bullshit…. YES. However, choosing 1 example James McNerney, Jr. The dude made under 13 million so how he received $124 tax refund is beyond me. Point being do these douchbags deserve to be attacked, absolutely. But, accuracy matters when your bringing a case against someone and pretending corporate refunds are the same as personal vastly mis-states a valid viewpoint.
The refund is for the corporation not the individual ceo. The ceo is listed because they signed the document pleading for reform.
And yes I’m without my editor… So I understand the irony when it comes to my grammar.
I’d like to know what Monsanto didn’t pay in taxes and what their refund is.
Sadly, facts and logic have no effect on the reptile brain.
No one man can fix this. But Bernie is a A VERY good messenger to deliver the message tonight corporations and greedy capitalists alike: ENOUGH IS ENOUGH. #bernie2016
I’m a Realtor who went through the banking/housing debacle. EVERY big bank should be called out. Everyone on Wall Street. Add Wells Fargo, Litton,
ad infinitum. What I watched occur, and what happened to the people caught in it was terrible to behold. Had a seller who died due to the problems she had with Chase. Then her son killed himself. I stopped dealing with those banks. I ask buyers to use our local Regional banks for their mortgages. Fine, if they don’t, I just recommend another Realtor. These banks are still harming everyone. Their level of sheer GREED is unbelievable. Good for Bernie. If he could beat Hillary, I’d vote for him.
If you vote for him he WILL be elected.!!!
I happen to think Bernie will win! People are frustrated with the status quo and looking for honesty in politics which has been missing for a long time, and which is what Bernie brings to the table. In spite of the fact that he has been pretty much given the shaft as far as getting his name and ideas out by the main stream media, he is making headway in this regard.
How many of your customers did you advise not to buy a home because they couldn’t afford it and should not have bought one. Most realtors told their clients lies like – housing prices never go down, if you don’t buy now, you will never be able to afford a home, etc. realtors profited as much as the banks and were as much a part of the problem as banks. ISo don’t go around laying blame on banks.
Funny,number 16 announced after this story came out that he his stepping down as CEO in March 2016.
Criticism is fine but where are the solutions? Corruption is not going to fix itself and as one person Bernie is not going to be able to do anything. Just ask Jimmy Carter.
That is why Bernie is asking for a revolution…it will take us, the people of this nation who are sick and tired of the fraud, greed and bought gov;t reps to vote him in and vote out those who get their pockets lined from lobbyists and special interest groups. And if we need to stand in the streets to protest, or stand in the streets to support…then that is what needs to happen! Our voices cannot be quieted forever with silly GOP distractions, or false-flag events forever. We need a leader with courage and then we need to stand with him in courage. Enough is enough and it is time for the American public to show it!
Bernie is aware of this, which is why he is calling for a political revolution by the grassroots. People elect the politicians that vote for tax breaks and bail outs for the corps. If they let their representatives know through petitions, marches, etc that they will no longer be supported when they cast their congressional votes against the people and for the corps, we along with Bernie would have a chance to change things. He says it doesn’t matter who is president if they don’t have the will of the people behind them, and the people have to be willing to use their power, use their votes, and voices. The reason Bernie appeals to me, is that I knew things were not right, but not how they weren’t right. He is giving us the information we need to call out the politicians who are screwing us over. No matter how much money they get from the corporate donors and lobbyists to run campaigns to sway their votes, they still need our votes to get reelected, so that(election time)is the only time they pay us any attention, unless we are ready to get in their face and let them know we will withhold our votes if they don’t represent what we want.
Someone mentioned that the peoples votes don’t count, because the electoral college can vote for who they want, but in reality, most delegates cast their votes to reflect the popular vote, if they want to continue to be delegaes. All just my humble opinion, and gleanings from reading and pouring over articles etc since Bernie entered the race. Never paid much attention before, because I figured it was hopless.
Why aren’t these men in jail? They are all guilty of many things and most of all Tax evasion. We must elect Bernie Sanders to put a stop to these thieves.
Gee, aren’t these asshat companies the ones who are funding Clinton? She’s so damned eager to take their $$ and obey their orders! SHE STINKS! Vote for Bernie!
It is not a business on Wall Street, it is a gang. The so called ‘Captains of Industry’ were once a business, now it’s just a playground to maximise returns with computers sometimes deciding the Buy or Sell. It is so dangerous to have a system based on the grasping of money collectors, vested interests with one foot in the bank and the other in the White House. These people spout on about how important they are, rubbish, they create catastrophic financial crashes, receive hundreds of billions in bailouts and carry on as usual, not one man is ever blamed and they laugh themselves silly as they decide the level of the next bonuses. The gang have their footsoldiers, they are called the police and military. Any protest will be contained and any comment filtered by the media. Anyone who thinks the USA is the land of the free is is deluded into thinking politicians are working for them. State representatives tend to do little more than open shopping malls, the real powers for getting anything done are invisible, running the country with their own agenda. The people are much bigger than the government but the bean counters know that if you give a family a TV, enough money to feed them, and an annual holiday, any protest will be minimal and ineffectual. These people are going to kill the world with their psychotic need for control and everyone’s money.
Wars are being started at the whim of arms manufacturers and oil company’s, it’s just a matter of time before the whole rotten barrel of con artists are seen for what they are, riders on a gravy train and totally insincere. Everybody knows it and regularly votes in the same old creeps.
Myself and about 5,000 other wireless employees were just laid off from Verizon. Yet good ole Lowell is still making his obscene salary.
We still can’t get past the fact that the top 2% of earners in America pay 70% or so of all taxes collected, and the top 10% pay about 90% of all the taxes collected. I guess we could have the top 10% pay 100% of all taxes to make some people happy.
It’s so dishonest to say these companies aren’t paying taxes. They specifically state “federal income taxes”…. that is taxes on profits from the corporation. That, however, is much different than taxes on employee incomes, dividends, investments, state taxes, local taxes, regulatory costs, and every other dollar they pay.
When employees say “I pay taxes, why don’t they?” please remember that half of your taxes are paid by your employer and the entire thing is withdrawn before you ever get a paycheck. Employers pay 15.4% taxes on every dollar an employee earns. If you think owning a company and hiring employees is a great way to avoid taxes, I’d urge you to go ahead and try it.
After you pay your attorney and your accountants, you’ll be fairly surprised by how much goes to the government at the end of the year instead of going to your employees. And then think about who did more work to make your company great.
Really! How does anyone get a REFUND for more than they paid? You get a refund for all or a prorated amount of what was paid. How many of you file taxes and receive a REFUND due to overpayment of your taxes? Yes. Do you receive a refund for nonpayment of taxes? No. Seems to me that the government (BERNIE ET ALL) collected more than was owed, spent it and now is complaining about having to REFUND over collected taxes! Also, the economic melt down was due to the Democratic block (Bernie’s pals) of proposed regulation of two GSE (government sponsored entities, i.e. Fanny Mae and Freddie Mac) that resulted in the financial meltdown. If you asked the question, how much revenue was generated for the federal and state governments through corporate taxes, property taxes, sales taxes, income taxes, social security and Medicare taxes, etc., etc., etc. it would be multiplied billions. Look at the cost of government programs. Do you really believe that the individual workers pay all those taxes? By the way, general motors, ford, pizza Hut, abc, nbc, cbs, cracker barrel, long horn, wall mart, chevron, bp, Harley davidson, disney, cambell’s soup, star bucks, delta, best buy, taco bell, chik fila, apple, microsoft, ibm, regions, wells fargo, general foods, family dollar, kohls, general dynamics, phizer,etc., etc., are all corporations. I guess we could just do away with them all and go back to growing or own food, making our own medications, walking every where we go, and hunting wild game with home made bows and arrows. Last thing, I am self employed. I do not work for any corporation but I do love the wonderful products they produce. You probably are reading this on a corporate produced computer or tablet, using an incorporated internet service provider. I believe in term limits and will not be voting for anyone that is a Washington insider.
If we keep electing politicians, and don’t demand a balanced budget and establish a tax for all, you’re all smoking something.