Tag Archives: Corporate America

The Punchline

Former vice presidential candidate Paul Ryan is reportedly writing a book that will debut next year. The punchline is that the book will be focused on how the Republican party is “losing its connection with working Americans.” Behind the scenes, … Continue reading
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Posted in Ethics | Tagged , , | 6 Comments

Justice

Just in case you needed a reminder that Bank of America was and is a horrible company — they’re finally paying up for foreclosing on the homes of service members while they were serving in the Iraq War. (Reuters) – … Continue reading
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Posted in Iraq, Justice | Tagged , , | 6 Comments

Socialism Has Come

via Bloomberg U.S. corporations’ after-tax profits have grown by 171 percent under Obama, more than under any president since World War II, and are now at their highest level relative to the size of the economy since the government began … Continue reading

Posted in Economy | Tagged , , | Leave a comment

Hostess Steals From Employee Pensions. Blames Pensions for Company’s Demise.

Speaking of unhinged. I almost came unhinged reading this. Hostess Brands acknowledged for the first time in a news report Monday that the company diverted workers’ pension money for other company uses. The bankrupt baker told The Wall Street Journal … Continue reading

Posted in Epic Fail, Ethics | Tagged , , , , , , | 17 Comments

Corporate Profits Hit Record High

It’s hard out here for a Job Creator. (via Fortune) NEW YORK (CNNMoney) — Just four years after the worst shock to the economy since the Great Depression, U.S. corporate profits are stronger than ever. In the third quarter, corporate … Continue reading

Posted in Economy | Tagged , , , | 8 Comments

Hostess Execs Still Seeking Bonuses While Cutting Pensions

Even though Hostess is asking for permission to cut employee pensions by over $1 million per month, they’re also still asking for permission to dish out bonuses totaling $1.75 million. Hostess Brands Inc., the defunct maker of Twinkies and Wonder … Continue reading

Posted in Corporate Crime | Tagged , , , | 7 Comments

Record Number of Americans Go Shopping

If the economy really is worse now than it was four years ago, as the Republicans have spent the last year telling us, why did a record number of Americans go shopping over the long holiday weekend and why did … Continue reading

Posted in Economy | Tagged , , , , | 2 Comments

The Papa

Artist – Rob Tornoe We have yet another CEO threatening his employees following President Obama’s reelection, but this one claims it’s because of the so-called “fiscal cliff.” As if the federal deficit has anything at all to do with hiring … Continue reading

Posted in Open Thread | Tagged , , , , | 5 Comments

Romney “Presided Over” Expansion Into China, Russia

Mitt Romney may have had no influence on Bain Capital’s attempt to partner with Huawei in their acquisition of 3Com, but he did have direct influence over Bain & Co.’s initial forays into China and Russia during the early 90s … Continue reading

Posted in Ethics | Tagged , , , , | 2 Comments

Romney’s Failing Campaign Hands Out Bonuses

Romney’s campaign is failing, they’re running in the red, and apparently they’re handing out bonuses too. Mitt Romney’s campaign handed out more than $200,000 in bonuses last month to senior staffers, according to new disclosure records filed Thursday. Richard Beeson, … Continue reading

Posted in Ethics | Tagged , , | 5 Comments