Democracy Alert

Truth & Transparency = A Stronger Democracy

May 1, 2015 by Ted Leave a Comment

Stacey Dash Defends Wage Gap Comments

Stacey Dash Defends Wage Gap Comments
Their conversation came a few days after the release of a spoof video starring Huffington Post editor-at-large Rita Wilson for the Make It Fair Project. The video pokes fun at the vast gender gaps in Hollywood, the government and Fortune 500 companies ...
Read more on Huffington Post

Department of Tourism: Visitor spending up across state
... Dave Fantle talked with members and guests of the Sun Prairie Chamber of Commerce on Tuesday, May 13, 2014 at The Nitty Gritty, 315 E. Linnerud Drive. Topics ranged from tourism statistics to how the state's latest tourism commercials were filmed.
Read more on hngnews.com

CSO says Irish Water should be off Government balance sheet
“We have been informed by our own domestic authorities, the Central Statistics Office, that their determination is that it should be off Government balance and that is what they have submitted to the Eurostat organisation and Eurostat will be making an ...
Read more on Irish Times

Tesla's Powerwall Could Break America
For $ 3,000-$ 3,500, the 10kWh Powerwall can power the average American home for eight hours, according to government energy usage statistics. One unit won't get you completely off the grid, but it helps even out electrical usage. More importantly, it's ...
Read more on PC Magazine

Filed Under: Government Statistics Tagged With: Comments, Dash, Defends, Stacey, Wage

May 1, 2015 by Ted Leave a Comment

Announcing Citizen Job Solutions


Boston, MA (PRWEB) February 06, 2014

Citizen Job Solutions is the new, dynamic voice in a world of tired, old talking points and so-called advocacy “research”. It offers original, specific job creation solutions that are truly of the people, by the people and for the people. In a world devoid of solutions drowning in blame and the same old cataloging of problems, it is the source for original, specific job creation solutions.

Citizen Job Solutions is the first to use crowd-solving in tackling America’s anemic job growth. Crowd-solving leverages the innovation, drive and expertise of the more than 240 million adult aged Americans to solve America’s greatest deficit – the jobs deficit. The founder of Citizen Job Solutions, Neil Macke, has seeded the process with a “Top 20” list of job creation solutions.

Citizen job solutions will also provide truly original thinking and perspectives on current economic, financial and political topics. Topics will include outsourcing and in-sourcing, U.S. trade policy, deficit reduction, minimum wage, upward mobility, welfare, income inequality, the U.S. financial system, Congressional accountability and U.S. corporate tax rates among others. These can be found in the “Hear It Hear 1st” section of the Citizen Job Solutions website (http://citizenjobsolutions.com/category/hihf/).

About the founder: Neil Macke is a contributor to the Federal Reserve Beige Book and currently advises both regulatory agencies and institutional investors. He holds a BA in Political Science from the University of Southern California where he studied political campaign strategy and finance. He earned an M.B.A. from the Kelley School of Business at Indiana University. He has guest lectured at Harvard University, Columbia University and the University of Southern California among others on various issues including business cycles, investment strategies and the impact of politics on economic output.

Top 20 List of Job Creation Solutions

Category: Increase Return on Taxpayer Dollars

1.    Replace universal corporate tax rates with merit based individual corporate tax rates i.e. corporate tax rates determined by how many full-time jobs each company creates. Link: http://bit.ly/1gDvWEj

2.    Stop giving tax breaks in hopes that they will create jobs. Instead, give tax breaks to those who created jobs…in America. Link: http://bit.ly/1aABqXW

3.    Any state that is a net recipient of Federal funds is prohibited from using tax incentives to poach companies from other states: Link: http://bit.ly/L3xgmn

4.    Either a. Obtain market rate returns on investment, the nearly $ 147 billion in federally funded research and development projects or b. Let the private sector fund the $ 147 billion (see Solution #10 for b.)

Category: Increase Transparency

5.    Have members of Congress track their time down to the 10 minute increment resulting in a searchable database showing how much time they spend fundraising and meeting with lobbyists. Link: http://bit.ly/1f3ukkt

6.    Term limit lobbyists to no more than two years.

7.    Tape and put online all Congressional phone calls. If the NSA can listen to the average American’s phone calls surely the American people have the right to know who the people it elects to Congress are talking to and what they are saying.

8.    Add Job labels (similar to nutrition labels) to each product sold in America showing how many Americans were employed making the product, how much they were paid an hour, whether they received healthcare insurance from the company and how much welfare was received by the employees. Like a nutrition label but for jobs.

9.    Using the data from #8 create a searchable database showing company level job, wage, healthcare and employee welfare benefits. Only then can we know who the real American job creators are.

Category: Deficit Reduction (through reduced government spending and increased business investment)

10.    End U.S. R & D funding saving $ 147 billion while corporations increase their R & D investment by $ 147 billion.

11.    Companies reimburse the Federal government for every dollar of federal welfare their employees receive.

12.    Companies not providing healthcare insurance pay a higher corporate tax rate.

13.    Allow the Federal government to negotiate drug prices in Medicare Part D program as opposed to the current prohibition against the Federal government using its size to negotiate better pricing

Category: Stop Being the World’s Global Trade Patsy

14.    If other countries require a company to manufacture the products they want to sell to those countries in those countries then we require the same of those companies if they want to sell to Americans.

15.    End Most Favored Nation Status

Stabilize the U.S. Financial System

16.    Don’t limit pay at financial institutions, rather…

17.    Require “C” level executives, loan officers and anyone receiving bonuses or stock options at federally insured institutions be paid based on loan performance, NOT loan volume. Link: http://bit.ly/1nbtFPu

18.    Require “C” level executives, loan officers and anyone receiving bonuses or stock options at federally insured institutions be paid over time in the proportion to the portion of the loans paid back.

19.    Decrease required bank capital ratios during economic recessions, increase required bank capital ratios during economic expansions.

20.    End deduction of loan losses which creates a moral hazard by reducing the cost of loan losses to banks.

MEDIA CONTACT

Founder Neil Macke    

Email     mediainquiries(at)citizenjobsolutions(dot)com

Phone     773-766-7900

Website    citizenjobsolutions.com







Find More Moral Hazard Press Releases

Filed Under: Moral Hazard Tagged With: Announcing, Citizen, Solutions

May 1, 2015 by Ted 11 Comments

David Stockman on Crony Capitalism – Bill Moyers & Company

Stockman explains how the courtship of politics and high finance rewards the super-rich and corporations.
(January 20, 2012) This weekend, continuing its sharp multi-episode focus on the intersection of money and politics, Moyers & Company explores the tight connection between Wall Street and the White House with David Stockman -- yes, that David Stockman — former budget director for President Reagan.

Now a businessman who says he was "taken to the woodshed" for telling the truth about the administration's tax policies, Stockman speaks candidly with Bill Moyers about how money dominates politics, distorting free markets and endangering democracy. "As a result," Stockman says, "we have neither capitalism nor democracy. We have crony capitalism."

Stockman shares details on how the courtship of politics and high finance have turned our economy into a private club that rewards the super-rich and corporations, leaving average Americans wondering how it could happen and who's really in charge.

"We now have an entitled class of Wall Street financiers and of corporate CEOs who believe the government is there to do... whatever it takes in order to keep the game going and their stock price moving upward," Stockman tells Moyers.
Video Rating: 4 / 5

What is crony capitalism?

What is crony capitalism?
Video Rating: 4 / 5

Filed Under: Crony Capitalism Tagged With: Bill, Capitalism, Company, Crony, David, Moyers, Stockman

April 30, 2015 by Ted 33 Comments

Moyers & Company Show 141:Plutocracy Rising

Moyers & Company Show 141:Plutocracy Rising

The One Percent is not only increasing their share of wealth — they're using it to spread millions among political candidates who serve their interests. Example: Goldman Sachs, which gave more money than any other major American corporation to Barack Obama in 2008, is switching alliances this year; their employees have given 0,000 both to Mitt Romney's campaign and to the pro-Romney super PAC Restore Our Future. Why? Because, says the Wall Street Journal, the Goldman Sachs gang felt betrayed by President Obama's modest attempts at financial reform.

To discuss how the super-rich have willfully confused their self-interest with America's interest, Bill is joined by Rolling Stone magazine's Matt Taibbi, who regularly shines his spotlight on scandals involving big business and government, and journalist Chrystia Freeland, author of the new book Plutocrats: The Rise of the New Global Super Rich and the Fall of Everyone Else.

Following the conversation, Bill shares his thoughts on corporate executives who -- enabled by the Citizens United ruling -- are strong-arming their employees to vote as they say, from the Murray Energy CEO who reportedly made his workers spend unpaid time at a pro-Romney rally; to David and Charles Koch, who sent anti-Obama and pro-Romney materials to the 45,000 employees of their subsidiary Georgia Pacific; to ASG Solutions boss Arthur Allen, who sent an intimidating email to his employees.
Video Rating: 4 / 5

For the first time in history, more than half of all members of Congress are millionaires. Of the 534-current members of Congress, at least 268-had an average net worth of million or more. While the US is faced with unprecedented issues surrounding unemployment, food stamps, social assistance and minimum wage rates, it begs the question: has the US turned into a plutocracy?

Also check us out on Facebook -- and feel free to ask us questions:
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Video Rating: 5 / 5

Filed Under: Plutocracy Tagged With: 141Plutocracy, Company, Moyers, Rising, Show

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