Reclaim the American Dream

Washington – For Candidate Donald Trump, one sure-fire way to ignite his political base in 2016 was to savage Wall Street for stealing the American Dream from the working middle class and to accuse Hillary Clinton of rigging the system for her friends at Goldman Sachs and other Wall Street banks. “She is their puppet […]

Washington – If you think our tax system is rigged in favor of U.S. multi-national corporations, Exhibit A  is the laws passed by Congress that have let nearly 50 major American companies renounce their U.S. citizenship and merge with foreign companies in order to duck U.S. corporate income taxes. In the anodyne lingo of Wall […]

Washington – If you want to see what fires the grass roots passion for Donald Trump and Bernie Sanders and the populist rebellion against the U.S corporate and political elite, take a look at the latest case of an American corporation’s gaming the system for handouts and bailouts and then walking out on Uncle Sam and […]

Washington – If you wonder what price we all pay for corporate money flooding political campaigns ($1.7 billion in 2014), see Exhibit A — the attempt by pharmaceutical giant Pfizer to exploit legal loopholes and  renounce its U.S. citizenship to become an Irish company and to duck U.S. corporate income taxes. Pfizer made no secret […]

Spring means pollen are in the air. This year, several mischievous species of pollen – the kind of alien economic thought-germs that aggravate the allergies of Wall Street orthodoxy. For starters, Wall Street found itself playing host to Etsy, a so-called Benefit Corporation, an upstart Brooklyn-based artist’s marketplace that strays from the ideology of pure […]