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Hightower Lowdown
"The issue isn't just jobs. Even slaves had jobs. The issue is wages." -- Jim Hightower
January's Lowdown
Yes we can manage this country without the corporate priesthood--the cooperative movement shows us how
We're being told by today's High Priests of Conventional Wisdom that everyone and everything in our economic cosmos necessarily revolves around one dazzling star: the corporation. This heavenly institution, the HPCW explain, has such financial and political mass that it is the optimal force for organizing and directing our society's economic affairs, including the terms of employment and production.
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In This Issue
The "Re-defeat Bush" movement is one thing...but
We'll have to build the people's John Kerry
Also in this issue:
- Trumping trump
- Fantasies of corporate shills
- The costs of privatized war
- The run for the money
- Send an "abe" to arizona
- Corporate tax evaders
- Let's put the corruption on tv
- Whose town is it?
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Trumping trump
Am I the only one who wants to say to Donald Trump: Please, Donny, please take your orange-dyed, bad comb-over hairdo and your grotesquely inflated ego...and go away! "The Donald" vamps shamelessly as a hardnosed CEO on the "reality" TV show called The Apprentice. He also has a book out called Trump: How To Get Rich.
In both the show and the book, Donny poses as a very rich, successful businessman. He is rich, but he didn't get there himself. Instead, he got rich the oldfashioned way: He inherited a New York City real-estate fortune from his daddy. And as for being a business success, Trump Hotels and Casino Resorts is the only business venture he's launched on his own––and it's about to crash. Only two weeks after signing a new contract with NBC to pose as a business mogul on The Apprentice for another season, his real-life corporation announced a quarterly loss of $49 million. In its decade-long history, Trump Hotels has never been profitable; and it's now some $2 billion in debt, and Trump's own auditors have "substantial doubt" whether it can survive. .
"This has nothing to do with me," whined CEO and board chairman Donny! But investors accuse him of ineffective management, slipshod financial practices, and a lack of competitive business vision. From his own board members and creditors, the CEO is about to hear the trademark phrase he uses on his TV show: "You're fired!" It couldn't happen to a more deserving guy.