Category Archives: Articles

Irreverent, entertaining, incisive articles on a variety of accounting and tax subjects.

Historical Facts Debunk Myth that Tax Cuts for the Rich Create Jobs

We have heard over and over again ad nauseum the Republican mantra that tax breaks for the rich will create jobs here in America. But historical facts show otherwise. Another myth is debunked. Continue reading

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Attorney General Eric Holder: the Slow and the Listless

On June 29th, the House of Representatives found Attorney General Eric Holder in criminal contempt of Congress; however, Cenk Uygur on The Young Turks holds Attorney General Eric Holder in contempt for not prosecuting any of the big bank executives for all of that mortgage and foreclosure fraud since he has been Attorney General of the United States. Continue reading

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Cutting taxes creates jobs: wrong! History shows the exact opposite!

Cenk Uygur debunks the tax myth of the Republicans that lowering taxes creates growth in the economy and jobs. History shows that quite the opposite occurs: when the tax rates are at their lowest levels, so are the rates of growth in Gross Domestic Product and employment. Continue reading

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Political campaign fundraising is basically legalized bribery

Cenk Uygur of The Young Turks on Current TV on July 9, 2012 reports on the political campaign fundraising occurring at the Hamptons where Mitt Romney raised $22 million over this past weekend. The rich are buying our democracy as we watch while the major media merely report the fundraising of Romney and Obama as a sporting match of two politicians to see who will win the contest of who will raise the most bribes in an election. Continue reading

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CEO pay is outrageous: 380 times more than that of average worker.

Cenk Uygur, the Aggressive Progressive, discusses the outrageousness of CEO pay and Golden Parachutes on The Young Turks, shown on Current TV on July 9, 2012. The 99% needs a raise. Continue reading

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If I were Obama: Cenk Uygur advises President Obama to fight and attack the Republicans

If I were Obama: Cenk Uygur advises President Obama to fight and attack the Republicans during the campaign and, much more importantly, during the second term of his Presidency. But will President Obama fight? Nah, he will cave as he has done so many times before. He has caved so often that there are miners in him crying to get out! Continue reading

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Progressives are dissatisfied with President Obama and the Congressional Democrats overall.

Cenk Uygur and Sam Seder discuss Jonathan Martin’s recent article in Politico about the dissatisfaction of Progressives with President Obama and Congressional Democrats overall on The Young Turks, Current TV, June 30, 2012. Video and transcript available. Continue reading

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Less than 100 Americans determine U.S. election results: say bye-bye to our democracy and hello to the plutocracy

Less than one hundred Americans contribute two-thirds of the millions of dollars raised by the Super PACs. Over the last ten years, 93% of the members elected to Congress spent more money on their campaigns than their opponents. Consequently, those one hundred Americans, the super rich, have stolen our democracy, which has been replaced by a plutocracy. Continue reading

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The United States Supreme Court overturns Montana’s Supreme Court’s decision against corporate contributions to politicians

The Supreme Court overturned Montana’s Supreme Court’s ruling against political contributions by corporations. Continue reading

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Our government is corrupt, bought off by the big banks. Matt Taibbi and Yves Smith discuss on Bill Moyers. Video and transcript

There’s vast criminality in Wall Street now. It’s bribery, theft, fraud, bid rigging, price fixing, gambling, loan sharking. All of these things, it’s all organized. And they are all getting away with it because our government has been bribed and bought off by them, just as Capone and the Mafia and gangsters bought off the politicians during Prohibitions. This time, however, the gangsters are the banksters. Continue reading

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