Corporate greed

SPECULATORS AND OUR FOOD: EIEIO!

Cowboy hat By Jim Hightower - Sun., 7/13/08

Hedge-fund schemers and Wall Street manipulators--the very characters who brought us the Great American Housing Collapse--have a new target for their fast-buck profiteering: farming. EIEIO!

Speculators have long messed with farmers by artificially manipulating prices on everything from corn to soybeans.... [read more]

THROWING TROOPS TO THE SHARKS

Cowboy hat By Jim Hightower - Sun., 7/13/08

At a time when American field commanders in Iraq and Afghanistan say they need every single soldier they can get hold of, thousands of our battle-ready troops are being held back in the U.S. Why not deploy them? Because the... [read more]

GOOFY IN BAGHDAD

Cowboy hat By Jim Hightower - Mon., 6/2/08

It's now official: Goofy is in charge of the Bush regime's Iraq occupation.

Even as violence has ramped up again in Iraq, the Pentagon is working to bring Disneyland to Baghdad. Well, not literally Disneyland, but a massive, Disney-like amusement park... [read more]

THE PRICE OF SHRIMP

Cowboy hat By Jim Hightower - Mon., 6/2/08

"Giant shrimp" is said to be an oxymoron, but it's also moronic that we've let shrimp become a giant problem in our world.

Welcome to the costly consequences of a globalized food supply. Shrimp is the most popular seafood in the... [read more]

Who are the big-money givers behind the candidates?

June 2008

Dallas Oilman H.L. Hunt was a billionaire in a time when such massive wealth was unusual, back in the 1950s and '60s. H.L. was also politically bonkers--so far out there on the right-right-right wing that he considered Dwight Eisenhower a commie. In 1960, Hunt published a novel called Alpaca, in which he set forth his utopian vision for the governance of America. In the happy plutocratic kingdom he envisioned, the richer you are, the more votes you get.

Alas, poor H.L. couldn't get any sane people to take him seriously back then. Yet over the years, his wealthatopian fantasy has steadily crept into our political reality, becoming incorporated in today's campaign-funding system. As we've seen in both congressional and presidential races, money doesn't merely talk, it shouts, and it's been drowning out the voice of the people on issue after issue. While wealthy donors make up only a fraction of one percent of the population, they have gained a bigger vote in national public policy than the electorate at large.

Who are the big-money givers behind the candidates?

The system unabashedly teaches that money is the ballot that counts and big donors are the citizens who matter. This is why a majority of Americans have become disenchanted-- to disgusted with politics during the past few decades. It's also why there is growing support for publicly financed campaigns, which grassroots groups have pushed through in seven states, stretching from Maine to Arizona.

Which brings us to this year's presidential run. While the bulk of the media attention has been on such weighty matters as who's wearing or not wearing flag lapel pins, there's been little focus on the back rooms where the money is being raised. So, in this issue of the Lowdown, we take a peek, finding the predictable, the ironic, and the surprising. [ read more ]

BREAK FOR CORPORATE CRIME

Cowboy hat By Jim Hightower - Tue., 5/13/08

Corporate executives and their lawyers like to claim that a corporation is a "person" with all of the rights of an actual human being. Yet when one of these outfits gets caught violating laws, its lawyers argue that while this... [read more]

Sources for issue

Cowboy hat By Jim Hightower - Sun., 4/20/08

Economy

Bureau of Economic Analysis, U.S. Department of Commerce

Corporate profits

US Dept. of Commerce
Net worth and the number of billionaires, plus CEOs' salaries -- Forbes
Bush tax cuts to to 1% -- Congressional Budget Office. Note: This... [read more]

THE DIMMING STAR OF STARBUCKS

Cowboy hat By Jim Hightower - Thu., 4/10/08

About a year ago, a stinging message was delivered to the corporate honchos of Starbucks, the mega chain of costly coffees.

The writer decried the "commoditization of the Starbucks experience," bemoaning the fact that outlets "no longer have the soul of... [read more]

What 8 years of BushCheney have done to our economy

April 2008

The Bush LegacyHarry Truman said, "No man should be allowed to be president who doesn't understand hogs." That's never been more true than it will be for the man or woman who walks into the White House on January 20, 2009.

If you've ever entered an enclosed, industrialized hog facility where hundreds of fattening porcines live out their short lives, you know that the smell of pig excrement completely redefines "stink." This stench will knock you to your knees, sear your lungs and brain, and make you scream for mercy. For nearly eight years, the White House has been a confined hog pen for corporate porkers, right-wing ideologues, imperialists, autocrats, and other swinish mess-makers. America's next president must not only set a new direction but will also have to clean up the mess and eradicate the stink left by the Bushites.

To help presidential contenders, congressional candidates and the rest of us get perspective on the odiferous legacy of the Bush-Cheney regime, the Lowdown is presenting a two-part factual accounting of the administration's achievements since 2001. This issue will feature Bush's domestic performance, and the May issue will highlight his international agenda. Hold your nose--and get out your scrubbers. [ read more ]

VIDEO: Free market hypocrites

Cowboy hat By Jim Hightower - Wed., 3/19/08
Here's today's provocative question: Why do so many giant corporations hate the marketplace? Do you want to put this video on your site or blog? You can embed the... [read more]