RATIONAL RESISTANCE
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Biden is the clear choice when it comes to compassionate and decent leadership. In a battle of heart, mind, and character Joe Biden wins by a landslide. We n...
What’s The Deal With Trump Followers?
leftcall.com
Five years ago when Donald Trump road that escalator and announced his candidacy, everyone including most people who are now Trump-for-lifers, believed it was a stunt, and he was clearly unqualifie...April 7, 2014
We are told CEOs are paid what the market will bear. After all, you should never mess with that invisible hand. Because, if you spend too much time looking into this, maybe you might learn the people at the top have been selling you a nice polished turd.
February 15, 2014
When one massive corporation merges with another massive corporation, the result is never good for customers. The spinmeisters can say what they will, but these mergers are not done to benefit customers, instead they are done to service greed. This is the capitalist formula: Grow, and grow some more, and then when it seems there’s no more growth potential, do whatever you can to grow yet again. And for many very large companies, it is the merger that has allowed them to continue to appease those shareholders. Comcast CEO Brian Roberts calls this a “pro-consumer” merger. “The combination of Time Warner Cable and Comcast creates an exciting opportunity for our company, for our customers and for our shareholders,” said Roberts in a media conference call. But that is a lie, as mergers like Comcast-Time Warner do not lead to lower prices and higher competition, they lead to the exact opposite, and that is hardly “exciting” for customers. But he is right about one thing, this is exactly what the shareholders want. These mergers are not about doing right by the customer, they are about doing right by the shareholders, and that includes top executive compensation.
February 3, 2014
The minimum wage has not kept pace with inflation, this is a fact that not even Republicans attempt to refute, at least not that I’ve seen. But do you know what has far outpaced inflation? Executive pay. According to a Facebook post by former labor secretary Robert Reich, when minimum wage was first enacted in 1935 it was “intended to represent society’s sense of minimally decent pay.” Reich says at that time “executives were paid about 20 to 30 times the average wage.” But we all know what has happened over the decades.
July 24, 2013
Episode 03: Robert Reich writes about how executive pay can be a corporate tax deduction. | Is the Internet killing journalism? | And what’s with all the white backlash when we talk about racial bias?
July 23, 2013
Obviously I’ve had my head buried in the sand, because I was totally unaware that corporations can deduct executive pay from their federal income taxes. So what this means is, average tax payers are subsidizing a tax deduction for some of the richest corporations on the planet. And that might be fine if it was a tax deduction meant to spur something for the good of society. But no, it’s just a tax deduction that helps wealthy fucks pay other wealthy fucks large sums of money. — Robert Reich explains it with a lot more restraint than I.
June 14, 2013
The Social Security Administration computes an annual “Average Wage Index” to ensure a “worker’s future benefits reflect the general rise in the standard of living that occurred during his or her working lifetime.” This index is based on “wages subject to Federal income taxes and contributions to deferred compensation plans.”
March 6, 2013
It is well-known that Costco CEO Craig Jelinek takes a different approach when it comes to employee compensation and retention. He’s one CEO who values employee commitment, and there’s no better way to retain dedicated employees than to pay them what they are worth. Today Jelinek threw his support behind the Fair Minimum Wage Act of 2013, which would raise the federal minimum wage to $10.10 per hour.
March 5, 2013
Occupy Wall Street focused our attention on growing wealth inequality in America. The Occupy movement may no longer be in the headlines, but inequality in America has not gone anywhere. The following video demonstrates this imbalance in easy to understand graphical form.
March 4, 2013
On Tuesday, January 20, 2009, the Kenyan socialist, also known as Barack Obama, took the oath of office and became the 44th President of the United States. His presidency was only made possible by the massive fraud committed by ACORN, oh, and the lone Black Panther. On that lowly day, the Dow Jones Industrial Average (DJI) closed at 7949.09, and the first anti-American, anti-capitalist president set forth a plan to ruin the fortunes of CEOs and top executives. You know, the “productive class” in our society. The people who do the heavy lifting and throw a few scraps at the rest of us when they are feeling generous.
November 15, 2012
What you need to understand about the CEOs who are firing employees and cutting back on hours and pay because of “Obamacare”…