Only the Little People Pay Taxes

Is Cutthroat Capitalism Pushing a Growing Number of Baby Boomers to Suicide? | Alternet

Is Cutthroat Capitalism Pushing a Growing Number of Baby Boomers to Suicide? | Alternet
"In winner-take-all capitalism, if your job disappears during a massive sustained job crunch, you will have a hard time finding another one. In fact, the older you are, the more likely you are to enter the ranks of the long-term unemployed (out of work a year or longer)."

The Oligarchs are Sucking Dry America's Working Class

Pro-Democracy Movement Rises Against 'Disaster Capitalism' in Detroit | Common Dreams

Pro-Democracy Movement Rises Against 'Disaster Capitalism' in Detroit | Common Dreams
"pro-democracy activists in Detroit have no intention of rolling over and playing dead for Kevyn Orr, the city's new 'emergency manager' appointed by Republican Gov. Rick Snyder, who will begin his contract to run the city as a one-person government on Monday.
Called a "bloodless coup" by some, the appointment of an 'emergency financial manager' (EFM) will allow Orr to take full control over the city's resources now that the city council and school board have been stripped of their governing powers."

The Plague of Wall Street Banking » Counterpunch: Tells the Facts, Names the Names

The Plague of Wall Street Banking » Counterpunch: Tells the Facts, Names the Names
"The economic news this week highlights what happens when governments are unable to confront the root cause of the financial collapse – the risky speculation and securities fraud of the big banks.  What happens? They blame the people, cut their benefits, tax their savings and demand they work harder for less money."

Koch Brothers: Vulture Capitalists

"Financial Crime"

A Choice For Corporate America: Are You With America Or The Cayman Islands | Common Dreams

A Choice For Corporate America: Are You With America Or The Cayman Islands | Common Dreams
"Here's the simple truth. You can't be an American company only when you want a massive bailout from the American people. You have also got to be an American company, and pay your fair share of taxes, as we struggle with the deficit and adequate funding for the needs of the American people. If Wall Street and corporate America don't agree, the next time they need a bailout let them go to the Cayman Islands, let them go to Bermuda, let them go to the Bahamas and let them ask those countries for corporate welfare."

What the Billionaire Class is Doing Behind the Scenes

5 Ways Most Americans Are Blind to How Their Country Is Stacked for the Wealthy | Alternet

5 Ways Most Americans Are Blind to How Their Country Is Stacked for the Wealthy | Alternet
"Mitt Romney said he wasn't concerned about the very poor, because they have a safety net. This is typical of the widespread ignorance about inequality in our country. Struggling Americans want jobs, not handouts, and for the most part they've paid for their "safety net." The real problem is at the other end of the wealth gap. 
How many people know that out of 150 countries, we have the fourth-highest wealth disparity? Only Zimbabwe, Namibia and Switzerland are worse."

How the Middle Class Rose Up to Defeat the Vulture Capitalist from Bain | Alternet

How the Middle Class Rose Up to Defeat the Vulture Capitalist from Bain | Alternet
"Republicans learned once more the shortcomings of a stale, male, pale, Southern-based party in a nation of diversity. The GOP “legitimate rape” caucus helped give away two Senate seats. But too little attention has been paid to the new emerging reality. This was the first class warfare election of the new Gilded Age — and the middle class won big.

The Republican nominee Mitt Romney was inescapably the candidate of, by and for the 1 percent."

Bain Capital wants to silence 'Bainport'

The situation is reaching fever pitch at the Sensata factory in Freeport, Illinois. Not only is Mitt Romney's Bain Capital shipping 170 American jobs to China, as we've reported on The Ed Show, but they're now trying to crush the workers' free speech rights.

Mitt Romney stays silent on Sensata as he lies about Jeep jobs going to China

Mitt Romney stays silent on Sensata as he lies about Jeep jobs going to China
"Let's untangle the levels of nerve here. Romney is claiming that the way to keep Chrysler from moving Jeep production to China is to elect Mitt Romney. In fact, not only is Chrysler not moving Jeep production to China, it's expanding Jeep production in Michigan and Ohio. But don't worry, if you vote for Romney, he'll fight for every one of those jobs to be kept right here in America."

Mary Jo Lost Her Job Because of Bain Capital. She's Got a Few Words for Mitt Romney.

Sensata worker Mary Jo lost her job due to Bain's outsourcing to China. She's got a question for Mitt Romney.

CORRUPTION: Bain-Controlled Company Owns 2012 Voting Machines

Vote counting company Hart Intercivic, whose machines have famously failed in the past, is tied to Mitt Romney and Bain Capital.

Revealed: Romney’s Bain Capital Invested in Grotesque Chinese Sweatshop, Detailed at Boca Raton Fundraiser | Alternet

Revealed: Romney’s Bain Capital Invested in Grotesque Chinese Sweatshop, Detailed at Boca Raton Fundraiser | Alternet
"Republicans like to paint Romney as an entrepreneur whose activities at Bain Capital have benefited Americans. In a campaign full of whoppers, that’s one of the biggest lies of all."

The Bain Way: Let the States Pick Up the Tab on National Debt?

The Bain Way: Let the States Pick Up the Tab on National Debt?
"Romney has had one major business experience - founding and running a private equity firm called Bain Capital, something very different than his father, who ran a car company. In the past several weeks there have been two detailed investigative stories on how he ran his private equity firm, and there has been much discussion in the media on how he ran his business differently than others: It has been dubbed, "The Bain Way"."

What the Bain way would mean for America

Lawrence O'Donnell talks with Matt Taibbi of Rolling Stone, about his article that examines how Mitt Romney and Bain Capital really operated, and how those business practices destroyed jobs.

Sick Money: How Mitt Romney's Bain Investments Are Exploding the Deficit and Harming Our Health | Alternet

Sick Money: How Mitt Romney's Bain Investments Are Exploding the Deficit and Harming Our Health | Alternet
"Few individuals or organizations have been as influential as Mitt Romney and Bain Capital in worsening our runaway healthcare costs, causing unnecessary suffering, or accelerating our government's long-term deficit problem. Their highly leveraged investment strategy puts healthcare companies under enormous pressure to increase revenue. They often respond by overbilling -- or worse, by encouraging unnecessary medical treatments that can include anything from non-invasive tests to heart surgery."

Greed and Debt: The True Story of Romney and Bain Capital | Common Dreams

Greed and Debt: The True Story of Romney and Bain Capital | Common Dreams
""By making debt the centerpiece of his campaign, Romney was making a calculated bluff of historic dimensions – placing a massive all-in bet on the rank incompetence of the American press corps. The result has been a brilliant comedy. A man makes a $250 million fortune loading up companies with debt and then extracting million-dollar fees from those same companies, in exchange for the generous service of telling them who needs to be fired in order to finance the debt payments he saddled them with in the first place. That same man then runs for president riding an image of children roasting on flames of debt, choosing as his running mate perhaps the only politician in America more pompous and self-righteous on the subject of the evils of borrowed money than the candidate himself. If Romney pulls off this whopper, you'll have to tip your hat to him: No one in history has ever successfully run for president riding this big of a lie. It's almost enough to make you think he really is qualified for the White House."