If this is capitalism, wealth for the few, the elite 1%, at the expense of the working class, 99% of Americans, then ask yourself: is our capitalistic system working? Does creative destruction enhance profitability? Isn’t Mitt Romney a Gordon Grekko? Do you want Gordon Grekko in the Oval Office as the President of the United States?
But in all fairness to Mitt Romney, would any other Presidential candidate be any different? Wouldn’t Newt Gingrich, Rick Perry, Rick Santorum, John Huntsman, and even Ron Paul allow the continued consolidation of corporate companies, which have been closing down subsidiaries, laying off staffs, destroying jobs, in order to restructure for more corporate profits?
And has President Barack Obama acted any differently as President? Has Obama enforced the Sherman Anti-Trust Act? Has he proposed the re-enactment of Glass-Steagall? Isn’t Obama also controlled by the banksters and Wall Street?
In fact, isn’t our entire Congress, except for a very few like Bernie Sanders, in the hands of Wall Street, on the corporate payroll?
About William Brighenti
William Brighenti is a Certified Public Accountant, Certified QuickBooks ProAdvisor, and Certified Business Valuation Analyst. Bill began his career in public accounting in 1979. Since then he has worked at various public accounting firms throughout Connecticut. Bill received a Master of Science in Professional Accounting degree from the University of Hartford, after attending the University of Connecticut and Central Connecticut State University for his Bachelor of Arts and Master of Arts degrees. He subsequently attended Purdue University for doctoral studies in Accounting and Quantitative Methods in Business.
Bill has instructed graduate and undergraduate courses in Accounting, Auditing, and other subjects at the University of Hartford, Central Connecticut State University, Hartford State Technical College, and Purdue University. He also taught GMAT and CPA Exam Review Classes at the Stanley H. Kaplan Educational Center and at Person-Wolinsky, and is certified to teach trade-related subjects at Connecticut Vocational Technical Schools. His articles on tax and accounting have been published in several professional journals throughout the country as well as on several accounting websites. William was born and raised in New Britain, Connecticut, and served on the City's Board of Finance and Taxation as well as its City Plan Commission.
In addition to the blog, Accounting and Taxes Simplified, Bill writes a blog, "The Barefoot Accountant", for the Accounting Web, a Sift Media publication.
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The government is instructing social media companies what should and shouldn't be allowed to be on the internet, these are the people least competent to judge what is misinformation. Continue reading →
Google, Facebook and Twitter should be treated as state actors under existing legal doctrines. Using a combination of statutory inducements and regulatory threats, Congress has co-opted Silicon Valley to do through the back door what government cannot directly accomplish under the Constitution. Congress is giving Big Tech immunity and more power in exchange for it censoring […]
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Darryl Cooper, AKA @MartyrMade, is a podcaster who had a Twitter thread go viral with 13k retweets and 20k likes of the first Tweet alone. This one is 36-Tweets long. It makes very cogent arguments of not only why millions of Trump supporters believe the 2020 election was stolen, but also why we are justified […]
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The CIA from the very first days of the Trump administration, even before he was inaugurated, devoted themselves to sabotaging the administration because Donald Trump questioned just a few of their pieties. And that can't be done in Washington. Whoever does that must be destroyed. And so the CIA and the Deep State operatives became […]
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