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Entries Tagged as 'Politics & Government'

Occupy the Constitution: Get Money Out of Politics!

December 19th, 2011 · 2 Comments · Politics & Government

Cross-posted from OWSnews.org

One of the most popular 99% Movement and Occupy Wall Street issues is getting money out of politics. In a country where the candidate who spends the most money on their campaign wins the election 94% of the time, it is blatantly obvious that our electoral process is dominated by the richest global financial interests. By saturating the campaign finance and lobbying system with an endless supply of cash, Wall Street has rigged the political and economic system against hard working Americans. In unprecedented fashion, they have consolidated wealth into the hands of one-tenth of one percent of the population, at the expense and suffering of the American people.

If you’re wondering why we have the most severe inequality of wealth in American history; if you’re wondering why we currently have an all-time record number of Americans living in poverty, while we have all-time record profits and bonuses on Wall Street, it is primarily the result of the richest members of society being able to manipulate and control the legislative process through a system of legalized political bribery.

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The Richest 0.1% Have Launched A War On Us – It’s Time To Fight Back And Hold These 400 Billionaires Personally Responsible For Our Economic Crisis

September 15th, 2011 · No Comments · Activism, Economy, Hotlist, Politics & Government

Cross-posted from AmpedStatus.com

Editor’s Note: The following post includes adapted excerpts from David DeGraw’s book, “The Road Through 2012: Revolution or World War III.” Release Date: 9.28.11

We have endured financial oppression for long enough. In a time of national crisis and shared sacrifice, the richest one-tenth of one percent of the population cannot continue on their merry way, living in obscene wealth and detached from reality, while the majority of the population desperately struggles to make ends meet. We are under attack, and it’s time to fight back.

I work over 60 hours a week and still barely make ends meet. Increased costs of living and thousands of dollars in medical bills have made me and my family move three times in the past three years to downsize and cut living expenses. I’m certainly not alone in this dire economic situation, tens of millions of Americans are fighting this daily war to keep their family fed and healthy with a roof over their head.

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Every Single Day $12 Million Tax Dollars Are Wasted On Private War Racket Contracts – Pentagon Propaganda Exposed

September 1st, 2011 · 1 Comment · Hotlist, Politics & Government, Video, War

War Racket: Investigation Finds 'Documented, Credible Evidence of Support for the Enemy'[Note: The $12 million per day number is a whitewash lowball number - staggering nonetheless.]

Quote of the day comes from Senator Claire McCaskill, in summing up the situation in Iraq:

“Contracting was out of control. It was the wild, wild West. There was no competition. There was money being wasted. There were pallets of money disappearing. There were things being built that weren’t even functioning.”

Stat of the day comes from the congressional Commission on Wartime Contracting:

$3 of every $10 that U.S. taxpayers spent on wartime contracting over the last decade went up in smoke due to waste and fraud.

McCaskill: Fraud and waste in Iraq and Afghan wars are stunning

Shortly after arriving in Washington in 2007, Sen. Claire McCaskill of Missouri knew the government’s practice of hiring private contractors could be a source of wasted tax dollars and even fraud.

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Tags: military spending·private military·propaganda

Banana Republic USA: Meet the 25 CEOs Who Make More Than Their Companies Pay In Taxes

August 31st, 2011 · 2 Comments · Economy, Hotlist, Politics & Government

The Institute for Policy Studies has a revealing new report out today, “Executive Excess 2011: The Massive CEO Rewards for Tax Dodging.” Among key findings: at 25 companies “chief executive compensation actually ran higher than the company’s entire federal corporate income tax bill.” Before jumping into the details, let’s look at who these 25 modern day robber barons are:

Of many revealing statistics throughout the report, here’s two that I pulled to highlight:

• These 25 CEOs averaged $16.7 million, well above last year’s $10.8 million average for S&P 500 CEOs. Most of the companies they ran actually came out ahead at tax time, collecting tax refunds from the IRS that averaged $304 million.

• Of the 25 companies that paid their CEO more than Uncle Sam, 20 also spent more on lobbying lawmakers than they paid in corporate taxes. Eighteen gave more to the political campaigns of their favorite candidates than they paid to the IRS in taxes.

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Tags: Economic Death Squad·Economic Elite·lobbying·Political Bribery

Time to ‘Pinochet’ Dick Cheney

August 31st, 2011 · 2 Comments · Politics & Government, Video, War

Col. Lawrence Wilkerson, former chief-of-staff to Secretary of State Colin Powell, was just interviewed by Democracy Now and had this to say about Cheney’s new memoir: “This is a book written out of fear – fear that one day someone will ‘Pinochet’ Dick Cheney… I would be willing to testify and I would be willing to take any punishment I am due.” In the second part of this interview, Glenn Greenwald discusses his latest report on Cheney, “The Fruits of Elite Immunity.”

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Tags: War Crimes

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David DeGraw's Recent Posts

Economic Elite Vs. The People: 99% Movement Call to Action Two Year Anniversary Book Release

Occupy the Constitution: Get Money Out of Politics!

Welcome to the Revolution: Life @ OccupyWallStreet’s Liberty Park

Report from the Frontlines: The Long Road to #OccupyWallStreet and the Origins of the 99% Movement

My Reporting on AmpedStatus.com

Middle Class Death Watch: As Poverty Spreads, 28% of Americans Who Were Part of the Middle Class Have Fallen Out of It

Over 56 Million Americans Live in Poverty – How Census Bureau Propaganda Ignores the Suffering of 10 Million Impoverished Americans

The Richest 0.1% Have Launched A War On Us – It’s Time To Fight Back And Hold These 400 Billionaires Personally Responsible For Our Economic Crisis

Full-Blown Civil War Erupts On Wall Street: As Reality Finally Hits The Financial Elite, They Start Turning On Each Other

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BP Deepwater Horizon Site Leaking Again, Quickly Becoming A Massive Oil Slick

Ka-Boom! The Tweet That Launched A Thousand Ships: WikiLeaks Publicly Releases 250,000 Secret US Government Documents Without Any Redactions

Every Single Day $12 Million Tax Dollars Are Wasted On Private War Racket Contracts – Pentagon Propaganda Exposed

Don’t Call It A Comeback: Economy Off The Cliff Again – Nouriel Roubini (Video)

Sign of Things to Come: Riots in Milwaukee (Video)

Banana Republic USA: Meet the 25 CEOs Who Make More Than Their Companies Pay In Taxes

Time to ‘Pinochet’ Dick Cheney

How the Federal Reserve Robbed America (Video)

Guest Post By Billy Bragg: Stop Paying Your Taxes & Music Needs To Get Political Again

Buffett Doubles Down On Another Taxpayer Funded Bailout: Warren Buffett’s Hypocrisy Exposed – Part 2 of 99







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Enlightened Citizens Unite!

As long as the economy and government are rigged by the top economic one-tenth of one percent, we will all lose. It's time to unite and fight back!

AmpedStatus is part of a decentralized movement that has two key goals:

1) Break up the "Too Big To Fail" banks and Federal Reserve.

2) End the system of political bribery (campaign finance, lobbying, revolving door.)

Unless we organize and take decisive action on these two core common ground issues, we will all suffer the consequences of our inaction.

Get Involved. As a first step, join the AmpedStatus Social Network.
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  • David DeGraw’s Reporting Has Been Featured on the Following Sites:

    • 321 Gold
    • A New Way Forward
    • After Downing Street
    • AlterNet
    • American Trial Lawyer
    • AmpedStatus
    • Axis of Logic
    • Black Listed News
    • Business Insider
    • BuzzFlash
    • Conscious Media Network
    • Consortium News
    • CounterPunch
    • Crooks & Liars
    • Daily Censored
    • Daily Paul
    • Dandelion Salad
    • Disinformation
    • Dissident Voice
    • Elite Trader
    • Financial Sense
    • Fire Dog Lake
    • For Our Economy
    • Free Forum with Terrence McNally
    • Global Research
    • God Like Productions
    • Grit TV
    • Huffington Post
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    • MaxKeiser.com
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    • News Dissector
    • Our Future
    • Pacific Free Press
    • Peter B Collins Show
    • Phil's Stock World
    • Prison Planet
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    • Puppet Gov
    • Raging Debate
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