Mercury Rising 鳯女

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Posts Tagged ‘corporations’

Rush, Breitbart, And Corporate Taxes Truths

Posted by Phoenix Woman on March 10, 2012

From

It feels like a whole bunch of things may be coming to a head. We may be about to face a paradigm shift.

Item. Rush Limbaugh’s implosion is not just crippling Rush, but the entire right-wing puke funnel:

Premiere Networks, which distributes Limbaugh as well as a host of other right-wing talkers, sent an email out to its affiliates early Friday listing 98 large corporations that have requested their ads appear only on “programs free of content that you know are deemed to be offensive or controversial (for example, Mark Levin, Rush Limbaugh, Tom Leykis, Michael Savage, Glenn Beck, Sean Hannity).”

This is big. According to the radio-industry website Radio-Info.com, which first posted excerpts of the Premiere memo, among the 98 companies that have decided to no longer sponsor these programs are “carmakers (Ford, GM, Toyota), insurance companies (Allstate, Geico, Prudential, State Farm), and restaurants (McDonald’s, Subway).” Together, these talk-radio advertising staples represent millions of dollars in revenue.

In fact, just about the only paid advertising Rush himself has left are ads from conservative and Republican sources:

For example, the ads that ran on Limbaugh’s WABC show in New York on Thursday consisted primarily of public-service announcements. Among the few actual advertisements were spots from the Mitt Romney–associated super PAC Restore Our Future (featuring negative attacks on Newt), Lear Capital, and the conservative Hillsdale College. Media Matters has been monitoring national trends along the same lines. When PSAs for nonprofit organizations like Big Brothers/Big Sisters and the United Negro College Fund run in place of actual advertisements on radio, it means the show starts losing money for the local station. And make no mistake, money is the only barometer of success the industry ultimately cares about.

This is telling. Rush’s audience — and indeed that of right-wing media in general — skews to the white, male and elderly; it’s not that lucrative for advertisers and it’s dying off. Meanwhile, the most prized and lucrative advertising demographic consists of women between the ages of 24 and 55 — precisely the people most turned off by Rush and his comments.

It will be interesting to see whether the same shadowy right-wing sugar daddies that got Rush’s radio empire built will stand by him in his hour of need, or if they will write him off as no longer useful to them. They may well write him off, much as the once-mighty Breitbart internet cottage industry seems to have been written off now that he’s dead. The death of Andrew Breitbart has sent his own online media conglomerate into a tailspin, and it doesn’t look like whatever sugar daddies he had are willing to step in and pay for competent coders to save his websites.

Item. The same corporate sponsors who are now fleeing right-wing media in droves have ironically been using right-wing media to push nonsense about how we just overtax our poor helpless corporations. Here are some antidotes to that nonsense:

http://www.huffingtonpost.com/2012/02/03/corporate-profits-tax_n_1253007.html

http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=263

http://www.epi.org/publication/webfeatures_snapshots_20080409/

As you can see from this Tax Policy Center chart and the EPI chart shown above, Corporate America pays less in taxes than you do — and always has. (Interestingly, the very states where income inequality is greatest and the middle class the weakest — the former slave states of the Confederacy — are those that vote most strongly for the Republican persons and policies that keep the mass of people in these states poor.)

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If corporations are people, they are very bad people

Posted by Charles II on January 16, 2012

John LaForge, truthout, on the latest atrocity:

In the amoral milieu of the corporate bottom line, you can’t blame Tokyo Electric Power Co. for trying.

Tepco owns the six-reactor Fukushima complex that was wrecked by Japan’s March 11 earthquake and smashed by the resulting tsunami. It faces more than $350 billion in compensation and clean-up costs, as well as likely prosecution for withholding crucial information that may have prevented some radiation exposures and for operating the giant station after being warned about the inadequacy of its protections against disasters.

So, when the company was hauled into Tokyo District Court October 31 by the Sunfield Golf Club, which was demanding decontamination of the golf course, Tepco lawyers tried something novel. They claimed the company isn’t liable because it no longer “owned” the radioactive poisons that were spewed from its destroyed reactors.

“Radioactive materials that scattered and fell from the Fukushima No. 1 nuclear plant belong to individual landowners there, not Tepco,” the company said. This stunned the court, the plaintiffs and the press. An attorney for the golf club said, “We are flabbergasted….”

You gotta admit, that’s a novel defense. If they get away with it, I wonder what’s next? Guys claiming that they are not responsible for the deaths of people they shoot because the bullet is not longer in their gun?

Anyway, as we groan about the outrageous conduct of our corporations, it’s good to keep in mind that foreign corporations aren’t sweethearts either.

Posted in corporatists, corruption, crimes, impunity, Japan | Tagged: , , , , | 4 Comments »

Saturday News Roundup

Posted by Phoenix Woman on March 19, 2011

>– The focal point for the latest phase of the class war is the Midwest. If the tide can be turned in Wisconsin, it can be turned everywhere — and the April 5 Wisconsin Supreme Court election is key. Go to http://midwestuniontravel.wordpress.com/ for some dispatches therefrom.

– Mohammmed Nabbous, known on Twitter and elsewhere as “Mo” and an incredibly brave citizen journalist sending dispatches from Libya, was killed last night during a Gaddafi attack on Benghazi.

Twitter has been ablaze with comments on Mo:

bencnn benwedeman
A true hero, Mohammed Nabbous of Sawt Libia al-Hurra, the Voice of Free Libya, was killed in fighting in Benghazi today. #Libya
26 minutes ago Favorite Retweet Reply

monaeltahawy Mona Eltahawy
Damn you, #Gaddafi. Damn you a million times you murderous bastard.

2 hours ago Favorite Undo Retweet Reply

monaeltahawy Mona Eltahawy
RT @Gheblawi: for the sake of our Mohamed Nabbous & all martyrs let’s not stop struggle for freedom, honor their sacrifices and free #Libya
3 hours ago Favorite Retweet Reply

FreeBenghazi Libya.elHurra
by monaeltahawy

#LibyaAlHurraTV Mo’s wife: “He died for this cause & let’s hope that Libya will become free.” http://bit.ly/e1K8IT #Libya #Oplibya #Feb17
4 hours ago Favorite Retweet Reply

Here’s an interesting way to combat corporate control of our politics:

Following last year’s U.S. Supreme Court decision in Citizens United, Minnesota Democrats are proposing a constitutional amendment to define an individual as a “natural person.” The 2010 ruling gave corporations certain rights as “persons” and allowed them to engage in new levels of political activity. Sen. Scott Dibble of Minneapolis said the DFL bill is aimed at curtailing the idea that corporate entities have the same rights as human beings.

The bill, SF683/HF914, puts forward a simple question to voters: “Shall the Minnesota Constitution be amended to define ‘person’ to mean natural person?”

“Corporations have been allowed to funnel vast sums of money into elections which distorts our elections and really amounts to buying elections,” Dibble told the Minnesota Independent. “No other entity could begin to match the amount of money that corporations are capable of spending.”

– The Guardian’s Ben Goldacre on why linking to primary sourcing is important:

This week the Telegraph ran the headline “Wind farms blamed for stranding of whales”. It continued: “Offshore wind farms are one of the main reasons why whales strand themselves on beaches, according to scientists studying the problem.” Lady Warsi even cited this as fact on the BBC’s Question Time this week, while arguing against wind farms.

But anyone who read the open-access academic paper in PLoS One, titled “Beaked whales respond to simulated and actual navy sonar”, would see that the study looked at sonar and didn’t mention wind farms at all. At our most generous, the Telegraph story was a spectacular and bizarre exaggeration of a brief contextual aside about general levels of manmade sound in the ocean by one author at the end of the press release (titled “Whales ‘scared’ by sonars”). Now, I have higher expectations of academic institutions than media ones, but this release didn’t mention wind farms, certainly didn’t say they were “one of the main reasons why whales strand themselves on beaches”, and anyone reading the press release could see that the study was about naval sonar.

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