Consumers get blackouts, energy giants get richer
We can bring power back to the people
Also in this issue
- Money in, legislation out
- Wto buries its head in the sand
- Nike's "freedom to choose"
- Stop hiding the frankenfoods!
- Congress stabs us in the back
- Bush's energy fraud
- Factory-farm drug dealers
- Cornering the mobile market
- Cornering the mobile market
- The lowdown gooberhead award
- The tax-cut bait-and-switch
After casting her ballot for Barack Obama, Amanda Jones said simply, "I feel good about voting for him." Ms. Jones, of Cedar Creek, Texas (a town just south of Austin), is African-American, and what gives her vote some historic punch is that she's 109 years old. Her father was a slave. Her mother was born right after Lincoln signed the Emancipation Proclamation. She's been through it all--Jim Crow segregation, women's suffrage, the Great Depression, the poll tax, FDR, the civil-rights movement, desegregation, 13 years of George W (five as guv, eight as prez), and now: Barack Obama. This last change fills her with joy, she says.

The tax-cut bait-and-switch
George W. is at it again, promising everyone a seven-course dinner in the form of a magic tax cut. But, while wealthy Americans truly would feast on Bush's $1.6 trillion tax-whack, the meal for the vast majority of us will turn out to be a possum and a six pack.
Meanwhile, things we really need—like universal health care—will go begging because Bush will say with a shrug, "The money is just not there." This is a shell game he practiced as governor of Texas. In 1997 and 1999, he backed massive tax cuts for business and homeowners, declaring that "everyone" would benefit.
Those who don't own a home, of course, were left out entirely, but even homeowners soon learned that the tax cut was a fraud. Yes, a billion bucks a year were allocated to school districts to allow them to lower property taxes. But Bush backed other legislation requiring schools to undertake new tasks, and all the while school enrollments were skyrocketing. Very few districts could cut their tax assessments at all. Most Texans got a school-tax increase under George W.
Bush left Texas in a fiscal mess. The money he shifted to school districts and the real tax breaks he gave to corporations have taken $2.5 billion out of the state budget. This year, teachers desperately need an affordable health plan, but it would cost $2 billion—so Bush conservatives shrug and say, "The money is just not there."