04/02/2011 Tax Deadline for most Americans is only two weeks away. As you fill out your forms and prepare to pay Uncle Sam you might want to know that some of the richest companys in the USA really don’t mind tax time because they either pay none, get refunds, or pay peanuts for the amount […]
Republican CBO Hypocrisy
Even Fox News admits: “The Republican plan to repeal the healthcare law would drive up federal deficits by $230 billion by 2021, the nonpartisan Congressional Budget Office concluded Thursday, undercutting GOP efforts to seize the mantle of fiscal responsibility. Overturning the law President Obama signed in March would also leave 32 million more Americans without […]
Why Authorities Haven’t Stopped the Foreclosure ‘Rescue’ Boom
This story is a collaboration with Steve Henn of American Public Media’s Marketplace [1]. It was co-published with Salon [2]. During the go-go years of the real estate bubble, shady mortgage brokers [3] thrived, thanks to the sluggish response of regulators and law enforcement agencies. Amid the ruins of the crash, there’s a new boom […]
Witnesses Say Congress Must Act to End Slavery in Tomato Fields
by James Parks A Senate hearing on Capitol Hill Monday highlighted the slave-like working conditions of workers in U.S. tomato fields and the need for the Bush administration to step in and ensure that tomato pickers and other migrant workers do not endure 21st century slavery. Testifying before the Senate Health, Education, Labor and Pensions Committee, […]
Effects of Outsourcing IT Positions to Low Cost Countries
BACKGROUND: Off shoring – the transfer of high wage U.S. jobs to lower cost overseas locations especially in Banking Industry is enabled by improved communications technologies and driven by the desire of corporations to establish a business presence in potentially lucrative foreign markets as well as to take advantage of the lower costs of production […]