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Hightower Lowdown
If you do not speak up when it matters, when would it matter that you speak? -- Hightower
In This Issue
While most of the Democrats in Washington cower
The presidency is taking over the courts and Congress
Also in this issue:
- U.S. CORPS BACK CHINESE SUPPRESSION
- VERICHIP IMPLANTS AND TUMORS
- AN EXCLUSIVE PRIMARY
- OUR GAPING ECONOMIC DIVIDE
Do Something!
March's Lowdown
Giving corporations more power to buy politicians of their choice
"For too long," wailed the senator in a heart-tugging cry for justice, "some in this country have been deprived of full participation in the political process."
Mitch McConnell, the Republican leader of the U.S. Senate, has never been mistaken for a bleeding-heart liberal, so you can rest assured that his anguish over inequality did not concern the disenfranchisement of minorities or poor people--or any kind of people, for that matter. No, it is the tragic political deprivation faced by America's corporations that moved Mitch to such an outpouring of woe.
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OUR GAPING ECONOMIC DIVIDE
According to faireconomy.org, which analyzes CEO pay, perks, and pensions, in 2006 the chieftains of Fortune 500 corporations averaged $10.8 million each in pay--more than 364 times the annual paychecks of the average U.S. worker! On top of this, CEOs salted away an average of $1.3 million in pension gains in 2006, and they averaged another $438,000 in such freebies as personal travel on corporate jets, country-club fees, and even corporate payment of their taxes.