The top 10 US tax deductions, credits and exclusions ensure that over $12 trillion in tax revenues will be granted to multinational corporations over the next decade. The tax loopholes have been written into the tax code by a bought-and-paid-for Congress … Continue reading Tax Code 101
According to Abdu’l-Baha, wealth inequality, can be attributed to the “extreme greed and rapacity of the manufacturers and industrialists.” He furthermore identifies the root cause of income disparity as the defunct operations of the legislative branch of government: “The principal … Continue reading Abdu’l-Baha on Economic Policy
About a century ago, in the free world, the ruling classes became aware they couldn’t control the population by force any longer, the spirit of the age was shifting and violence only bred further civil disobedience. Too much freedom had been won … Continue reading Colonial Coercion vs. Corporate Consumerism: Replacing the Stick with the Carrot
The economic recession is linked to a recession in democracy. If we continue this way, we will be ruined by class warfare and the wrath of global warming. We must seek a different way of living that is based not on maximizing how much we can buy but on maximizing values important to life. True happiness is a transcendent experience, not inherent in material things. Groundswell in grassroots spirituality holds the solution. Countless small actions of unknown people are the foundation for those great moments that ultimately enter the historical record without mention of the people that created them. Change is made in such ways. … Continue reading Prophecy And Policy
The sequester decreased federal investments in national infrastructure resulting in lay-offs and more unemployment. Only 88k jobs were created in march — the least jobs created per month in the past 9 months. The Labor Dept report showed that the U.S. Postal Service, for example, lost 12k positions. The pace of job growth this year is slower than its pace last year. Effects of the sequester are expected to continue mounting well into spring. The economic recovery was gaining momentum before the arbitrary and unnecessary cuts to government services took place. Congress legislated the sequester as a means of motivating … Continue reading Trickle Down Fail
I didn’t know it was called capitalism to work for someone else’s money. I thought capitalism was the harder you work the more money you earn. In fact, i was told communism is what we call it when you work … Continue reading What is the Definition of Capitalism?
GDP has doubled in the past 30 years, yet workers wages haven’t even kept up with inflation, let alone increased. The 1.9% increase in wages was surpassed by inflation in 2012 marking the 40th consecutive year that wages have declined below their … Continue reading Are You Working for Someone Else’s Money?
achieving coherence 