Posts tagged ‘Predator Corporations’

Heckler calls CEO a crook to his face

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Sheldon Adelson and Newt Gingrich: One gained clout from friendship, the other funding – The Washington Post

The way casino magnate Sheldon Adelson remembers it, he and his wife, Miriam, met then-House Speaker Newt Gingrich in 1995 in the majestic Capitol Rotunda as they made their way through the building while lobbying for a bill to move the U.S. Embassy in Israel from Tel Aviv to Jerusalem.

Nearly two decades later, Gingrich, on the campaign trail, has promised that his first executive order as president would be the embassy move, long a priority of ardent Israel supporters such as the Adelsons.



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The former House speaker is seeking the Republican presidential nomination.

It would also be a sweet jackpot for the Adelsons, who are the biggest patrons of Gingrich’s political career.

Perhaps no other major presidential candidate in recent times has had his fortunes based so squarely on the contributions of a single donor, as Gingrich has on Adelson, who has spent millions in support of Gingrich and his causes over the past five years. In a primary season dominated by the mega-spending of super PACs, Adelson’s efforts on Gingrich’s behalf provide a window into the expanding influence of the super-rich on American politics.

After putting up the seed money and ultimately $7.7 million between 2006 and 2010 for a nonprofit group that served as a precursor to Gingrich’s presidential campaign, Adelson, 78, an irascible Las Vegas billionaire, doubled down this month, giving $5 million to a political action committee run by former close aides to Gingrich.

“My motivation for helping Newt is simple and should not be mistaken for anything other than the fact that my wife Miriam and I hold our friendship with him very dear and are doing what we can as private citizens to support his candidacy,” Adelson, who is listed by Forbes as the eighth-wealthiest American, with a net worth of $21.5 billion, said in a prepared statement e-mailed to The Washington Post. He declined interview requests.

The most recent donation to Winning Our Future, a Gingrich-linked super PAC, fueled Gingrich’s resurgence before Saturday’s primary in South Carolina and bankrolled ads and a half-hour film painting rival Mitt Romney as a job-killing corporate raider. Adelson told associates that he will consider more donations if Gingrich fares well Saturday.

For Gingrich, the check links him even more closely to Adelson (pronounced ADD-el-son), an outspoken businessman known for aggressive tactics. His net worth has increased at least ninefold in the last decade. (The FBI and Securities and Exchange Commission are investigating his company, Las Vegas Sands, in connection with allegations that Adelson ordered an executive to bribe Chinese officials by putting them on the payroll. Adelson and company officials deny the allegations, which they say were first made by a disgruntled former employee.)

Adelson said the check to Gingrich was about fidelity. “Our means of support might be more than others are able to offer,” he said, “but like most Americans, words such as friendship and loyalty still mean something to us.”

Friends said Adelson and Gingrich share views on Israel, labor and free enterprise. In December, when Gingrich was riding atop the national GOP polls, Adelson was delighted.

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1/27/2012 2:11 PM MST

At present we are sending 33% of our work to other countries. If we were to keep 18% of that here it would put most of that 14 million back to work. It is very important that we do it now. Workers feed our money Supply, pay taxes, and pay the wages of all those that have jobs in our government.
The President, in his state of The Union speech, addressed the fact that we are losing our skilled workers such as engineers, die makers, machinists, etc and along with them goes our ability to manufacture and build wealth in our country.
If I see any of the contenders for the Presidency, or the President and any of his staff, smiling and talking about rearranging the government offices to safe money, or shuffling papers and laws to improve the economy, I’m going to puke.


1/20/2012 1:33 PM MST

One dollar one vote.
Here is biggest problem of this years election. and no one is discussing it including the Times.
American politics is one of the few jobs where you are allowed to hunt for another job during 98% of normal working hours and continue to be paid for your present position. WE CANNOT LET THIS HAPPEN THIS TIME!
“Republicans hope Mr. Obama’s pronouncement that a full-year extension of the payroll tax cut was the last “must-do” piece of legislation for the White House will work in their favor, making them look as though they are trying to create jobs while Mr. Obama is busy campaigning.” Boehner Faces a Restive G.O.P. and New White House Attacks, Jennifer Steinhaurer, New York Times, January 14, 2011
In 2012 we have the following items that demand national attention: the presidential and congressional elections, the Afghan war, Iran building a nuclear weapon, high unemployment, a teetering economy and a national debt with no plan in place to solve it. These are just the items on the top shelf. More


1/20/2012 9:13 AM MST

What is not mentioned in this article is the fact that Newt Gingrich did a 180 on his Israel v. Palestinians positions immediately after receiving the $1 million.
Newt sold himself to Adelson, he has been bought and paid for.

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Sheldon Adelson and Newt Gingrich: One gained clout from friendship, the other funding – The Washington Post

Pelosi, Boehner see wealth drop –


House Minority Leader Nancy Pelosi (D-Calif.) and Speaker John Boehner (R-Calif.) both saw their wealth tumble in the last year.

Pelosi suffered the bigger loss as her wealth tumbled by nearly a quarter, according to a financial disclosure report released Thursday.

Pelosi’s minimum net worth dropped by roughly $8.8 million in 2011, the report suggests. It valued Pelosi’s wealth as at least $26.4 million at the end of the 2011 calendar year, down from at least $35.2 million the previous year.

Pelosi also has more to lose the Boehner.

Pelosi is among the richest members of Congress, and ranked 12th on The Hill’s 2011 list of wealthiest members. 

Pelosi reported almost $39.3 million in assets as well as close to $12.9 million in liabilities for 2011, according to the report. Her drop in wealth can be partly attributed in her rise in liabilities last year. For 2010, Pelosi reported about $8.3 million in liabilities.

Boehner’s (R-Ohio) minimum net worth dropped by about 14 percent, according to his disclosure form. Boehner’s minimum dropped from $2.1 million in 2010 to $1.8 million in 2011, according to his financial disclosure report, released Thursday.

Boehner’s assets include a pension plan from the state of Ohio worth at least $50,000, and several investment funds, also valued at least $50,000 each.

Like the prior year, the Ohio Republican reported no liabilities in 2011.

Lawmakers’ financial disclosure reports were released Thursday. The reports can give a good estimate of their wealth, though exact figures for assets and liabilities are not reported. Instead, the forms list a range of values.

The Hill uses the lowest number in each value range to come up with a lawmaker’s minimum net worth. The sum of a lawmaker’s liabilities is subtracted from the sum of their assets, giving a conservative estimate for their wealth.

Much of Pelosi’s wealth is wrapped up in investments in real estate and stock held by her husband, Paul.

Pelosi jointly owns a vineyard in St. Helena, Calif., with her husband that is worth at least $5 million. The lawmaker’s spouse also owns by himself a commercial property in San Francisco valued at least $5 million and a four-story commercial building in the same city worth at least $1 million.

Paul Pelosi also has at least $1 million in Apple common stock as well as another $1 million in a partnership investment for a Tiburon, Calif., restaurant company. In addition, he has some interests in the United Football League — specifically in Jacksonville, Fla., and Sacramento, Calif. — ranging from at least $1 million to $5 million in value.

Pelosi’s liabilities include several mortgages on properties, including the St. Helena vineyard, valued at at least $1 million.

Despite the drop in wealth, Pelosi is likely to remain among the wealthiest members of Congress.

Senate Majority Leader Harry Reid (D-Nev.) also saw a decline in his wealth, reporting a minimum net worth of $2.6 million on his financial disclosure form for 2011. That’s nearly a 24 percent drop from 2010, when he reported at least $3.4 million in wealth.

Reid reported more liabilities for 2011, which partly explains his drop in wealth. That included a campaign loan worth at least $50,000 — which he reported paying off in 2011 — and a Wells Fargo mortgage on a personal residence in Searchlight, Nev. valued at least $100,000.

In 2010, Reid only reported the campaign loan as a liability. The STOCK Act, which passed earlier this year, requires lawmakers to report the terms of their personal mortgages on their financial disclosure reports for the first time.

Among his assets, Reid reported having several real estate holdings throughout the West, including a Searchlight, Nev. mine worth at least $1,000 and 160 acres in Bullshead City, Ariz. valued at least $250,000.

Unlike Reid, Pelosi and Boehner, Senate Minority Leader Mitch McConnell (R-Ky.) saw his minimum net worth increase, though not substantially.

McConnell reported his wealth was at least $9.9 million, according to his financial disclosure form. That’s a slight jump from the $9.8 million the Kentucky senator reported for his minimum net worth in 2010.

McConnell’s wife, former Labor Secretary Elaine Chao, earned fees from Fox News, Dole Food Company, Protective Life and Wells Fargo. Chao also takes a salary from the Heritage Foundation, and picked up speaking fees from the Human Capital Institute, Boston Scientific and the Biotechnology Industry Organization.

Because of disclosure requirements for lawmakers’ spouses, McConnell only has to report that Chao made “over $1,000” for each of those jobs.

The couple jointly own a Vanguard tax-exempt money market fund that’s worth at least $5 million. Other holdings include a Washington carriage house valued at least $1 million and a Vanguard 500 index fund worth at least $1 million.

Like the prior year, McConnell reported no liabilities in 2011.

—Rachel Leven contributed to this report.

This story was updated at 12:31 p.m.

Pelosi, Boehner see wealth drop –

3 Corporate Myths that Threaten the Wealth of the Nation | | Digg Mynews

April 5, 2012  |

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Corporations are not working for the 99%. But this wasn’t always the case. In a special 5-part AlterNet series, William Lazonick, professor at UMass, president of the Academic-Industry Research Network, and one of the leading expert on the American corporation, along with journalist Ken Jacobson and AlterNet’s Lynn Parramore, will examine the foundations, history, and purpose of the corporation to answer this vital question: How can the public take control of the business corporation and make it work for the real economy?

The wealth of the American nation depends on the productive power of our major business corporations. In 2008 there were 981 companies in the United States with 10,000 or more employees. Although they were less than two percent of all U.S. firms, they employed 27 percent of the labor force and accounted for 31 percent of all payrolls. Literally millions of smaller businesses depend, directly or indirectly, on the productivity of these big businesses and the disposable incomes of their employees.

When the executives who control big-business investment decisions place a high priority on innovation and job creation, then we all have a chance for a prosperous tomorrow. Unfortunately, over the past few decades, the top executives of our major corporations have turned the productive power of the people into massive and concentrated financial wealth for themselves. Indeed the very emergence of “the 1%” is largely the result of this usurpation of corporate power. And executives’ use of this power to benefit themselves often undermines investment in innovation and job creation.

These corporations do not belong to them. They belong to us. We need to confront some powerful myths of corporate governance as part of a movement to make corporations work for the 99%. To start, we have to recognize these corporations for what they are not.

• They are not “private enterprise.”

• They should not be run to “maximize shareholder value.”

• The mega-millions in remuneration paid to top corporate executives are not determined by the “market forces” of supply and demand.

Let’s take a closer look at each of these myths.

1. Public corporations are not private enterprise.

Here’s something you’ll rarely hear stated by today’s politicians and pundits: Publicly listed and traded corporations are not private enterprise. As documented by the pre-eminent business historian Alfred D. Chandler, Jr., in a book aptly called The Visible Hand, about 100 years ago the managerial revolution in American business placed salaried managers in charge of running the nation’s largest and most productive business corporations.

This was a peaceful revolution in which a generation of owner-entrepreneurs who had founded these companies some decades earlier used initial public offerings on the New York Stock Exchange to sell their ownership stakes to the public, leaving decision-making power in the hands of salaried managers. In effect, these corporate employees, and the boards of directors whom they selected, became trustees of the immense productive power that these corporations had accumulated.

Even when founders of companies that evolve into major public corporations become their CEOs, they generally occupy the top positions as corporate employees, not owners. For example, when the late Steve Jobs returned to Apple Computer in 1997, 11 years after being denied the CEO position of the company he had founded, his ascent to the top position was as a manager, not on owner. When a company founder like Larry Page of Google gives up private ownership by publicly selling shares, he may become CEO of the new corporation, but he is occupying this position as a hired hand, not as a private entrepreneur.

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3 Corporate Myths that Threaten the Wealth of the Nation | | Digg Mynews.

Newsweek/Daily Beast Poll Finds Majorities of Americans Think Country Divided by Race – The Daily Beast

Majorities of both whites (72%) and blacks (89%) believe the country is divided by race, the poll finds. But twice as many blacks (40%) as whites (20%) say it is very divided. And just 19 percent of whites say that racism is a big problem in America, vs. 60 percent of blacks.

Meanwhile, the killing of 17-year old Trayvon Martin has further polarized America along racial lines, the Newsweek/Daily Beast Poll finds. In the survey, whites are divided over whether they think Martin’s death was racially motivated. Thirty-five percent of whites say Martin’s death was racially motivated, while 30 percent say Zimmerman acted in self-defense and 35 percent are not sure. African-Americans, however, are convinced it was racially motivated (80% vs. 2%).

Whites also are divided on the question of whether Martin was targeted because he was a young black man–41 percent say yes, while 34 percent say no and 21 percent are not sure. Blacks are convinced he was targeted because he was a young black man (85% vs. 4%).

There also is a significant split over President Obama’s handling of the Trayvon Martin controversy—with a majority (52%) of whites saying they disapprove of the way he has handled the shooting while only 38 percent approve.

Blacks say the opposite—with near unanimous (87% vs. 5%) approval for the president’s handling of the shooting.

Nearly four years after the election of the nation’s first African-American president, majorities of both whites and African Americans surveyed say that race relations in the country have either stayed the same or gotten worse. Sixty-three percent of whites and 58 percent of African-Americans say race relations have either stayed the same or worsened—while only 28 percent of whites and 38 percent of African-Americans say they have gotten better.

Similarly, on the question of how Obama has handled race relations since he became president, whites disapprove (47% vs. 41%) while blacks are overwhelmingly positive (84% vs. 8%).

And when asked whether or not Obama has been helpful or not in bridging the racial divide in the country, whites say not helpful (51%) while blacks say helpful (69%).

The Newsweek/Daily Beast Poll found that both whites and blacks agree that racial stereotyping still occurs in American society today and majorities of both whites (72%) and blacks (89%) say America is divided on the basis of race.

But blacks and whites have fundamentally different perspectives when it comes to frequency, severity, and longevity of racial discrimination blacks face.

Whites and blacks disagree–and disagree fundamentally when it comes to when—blacks will achieve racial equality with whites. While a clear majority of whites (65%) say that blacks have achieved or will soon achieve racial equality, blacks are much less optimistic about the state of black progress. Only 16 percent of blacks say they have already achieved racial equality and nearly half of blacks (47%) say that they will not achieve racial equality in their lifetime or will never achieve racial equality.

African Americans were particularly sensitive to the economic downturn and were much more likely than whites to say that the prolonged recession contributed significantly to more discrimination in employment and housing.  Sixty-five percent of African-Americans surveyed said that the current economic situation today has played a role in promotion racial discrimination, compared to just 42% of whites.

And while 70 percent of whites think that blacks in America have the same chance as whites to get housing they can afford, only 35 percent of blacks agree.

Similarly, 70 percent of whites think blacks in America today have as good a chance as whites to get a job for which they’re qualified—a view shared by only a quarter of blacks.

And while virtually all whites (92%) and blacks (95%) agree that racial profiling occurs at least some of the time, the two groups diverge over whether profiling happens all of the time—a solid 63 percent of blacks say yes while less than one-quarter of whites agree.

Both whites and blacks agree that it is the responsibility of the federal government to make sure that the courts and the police treat minorities and whites equally. But the two groups disagree fundamentally over whether it is ever justified for police to take factors such as race ethnicity and overall appearance into consideration when making an arrest. A majority (56%) of whites say that it is at least sometimes justified for police to use factors such as race, ethnicity, and overall appearance–a view shared by only 28% of blacks.

Nearly six times as many African-Americans as whites (29% vs. 5%) say they have been unfairly stopped by the police because of their race or ethnicity all or some of the time.

When asked whether the police and courts treat blacks the same as they treat whites in America today, 82 percent of whites say that police treat blacks the same as whites all or some of the time, and 86 percent say the same of the courts.  A majority of blacks however, say that blacks are rarely or never treated equally by the police (53%) or the courts (52%).

The Newsweek/Daily Beast Poll was conducted by telephone between March 30 and April 1 from a random sample of 600 registered voters and a separate oversample of 400 registered African-American voters. The margin of error for the first group is plus or minus 4 percent while the margin of error for the second group is plus or minus 4.9 percent.






Newsweek/Daily Beast Poll Finds Majorities of Americans Think Country Divided by Race – The Daily Beast.

Critical Race Theory : Cases, Materials, and Problems (2ND 07 Edition) by Dorothy Brown – Powell’s Books

by Dorothy Brown


Critical Race Theory : Cases, Materials, and Problems (2ND 07 Edition) Cover

ISBN13: 9780314166333
ISBN10: 0314166335
Condition: Student Owned
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Product Details

Brown, Dorothy
Thomson West
Brown, Dorothy A.
Race relations
Race discrimination
United States Race relations.
Race discrimination — Law and legislation.
Law : General
Edition Number:
Edition Description:
American Casebook
Publication Date:
9.98×7.37x.65 in. 1.56 lbs.



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Critical Race Theory : Cases, Materials, and Problems (2ND 07 Edition) by Dorothy Brown – Powell’s Books.

Occupied America: A History of Chicanos by – Powell’s Books

Rodolfo Acuña

Authored by Rodolfo Acuña, one of the most influential and highly-regarded scholars of Chicano history and Ethnic Studies, Occupied America is the leading textbook for Chicano history courses. Beginning with the Mesoamerican civilizations before the 1519 Spanish invitation, continuing through Mexico’s conquests as a developing nation, and ending with an examination of issues of immigration, labor, education, and equality during the last 100 years, this text serves as an ideal foundation for understanding and analyzing Chicano history. This extensively researched and passionately written text not only covers the major developments and incidents in Mexican history, but also explores the complicating factors of race, gender and class in forming Chicano identity.

New to the sixth edition

  • The entire text has been streamlined, to make it more concise, contextualized, and student-orientated, while still preserving its passionate voice.
  • Timelines at the beginning of chapters 8 through 15 help plot cause and effect and lend context to important events and eras in Chicano history.
  • “The Map Room” section at the end of the text gives students Web addresses for important maps that trace the migrations of peoples throughout the Americas.
  • Up-to-date references and new sources throughout the text encourage students and professors to engage in further scholarship.

Visit us at

Book News Annotation:

An updated edition of Acu<~n>a’s college level Chicano history text, providing extensive discussion of the role of race in forming the Chicano identity. Includes new information on early Mexican-American history, and gender issues, with greater attention paid to pre-1812 Mexico and the occupation of Middle America.
Annotation �2004 Book News, Inc., Portland, OR (


Occupied America, designed to accommodate the growing number of Mexican-American or Chicano History courses, is the most comprehensive text in this market. The Sixth Edition of Occupied America has been revised to make the text more user-friendly and student-oriented, while maintaining its passionate voice.

Table of Contents


Chapter 1: Not Just Pyramids, Explorers, and Heroes

Chapter 2: The Occupation of Middle America

Chapter 3: A legacy of Hate: The Conquest of Mexico’s Northwest

Chapter 4: Remember the Alamo: The Colonization of Texas

Chapter 5: Freedom in a Cage: The Colonization of New Mexico

Chapter 6: Sonora Invaded: The Occupation of Arizona

Chapter 7: California Lost: America for Euroamericans

Chapter 8: Immigration, Labor, and Generational Change

Chapter 9: The 1920s: Transition Years and Tensions

Chapter 10: Mexican American Communities in the Making: The Depression Years

Chapter 11: World War II: The Betrayal of Promises

Chapter 12: “Happy Days”: Chicano Communities Under Siege

Chapter 13: Good-bye, America: The Chicano in the 1960s

Chapter 14: The 1970s and 1980s: Beginning the Deconstruction of the Sixties

Chapter 15: Becoming a National Minority: 1980—2001


Book Notes


Product Details

A History of Chicanos
Prentice Hall
Acuna, Rodolfo
Acuuna, Rodolfo
New York
United States – General
Mexican americans
General History
Edition Number:
Edition Description:
Trade paper
Series Volume:
cahier no 36
Publication Date:
Grade Level:
College/higher education:
9.90×7.50x.80 in. 1.77 lbs.

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Occupied America: A History of Chicanos by – Powell’s Books.