Break Them Up! Break Them Up!

Google has been sued for using their influence on the web…..

The Justice Department is expected to file a lawsuit Tuesday alleging that Google has been abusing its online dominance in online search to stifle competition and harm consumers, per the AP. The Washington Post also has the story, saying it “could have vast implications not only for Google but the entirety of a tech industry that has faced new, unprecedented scrutiny in recent years for the unrivaled power, money and data it has amassed.” The litigation marks the government’s most significant act to protect competition since its groundbreaking case against Microsoft more than 20 years ago. The suit could be an opening salvo ahead of other major government antitrust actions, given ongoing investigations of major tech companies including Apple, Amazon, and Facebook at both the Justice Department and the Federal Trade Commission.

Lawmakers and consumer advocates have long accused Google, whose corporate parent Alphabet Inc. has a market value just over $1 trillion, of abusing its dominance in online search and advertising to stifle competition and boost its profits. Critics contend that multibillion-dollar fines and mandated changes in Google’s practices imposed by European regulators in recent years weren’t severe enough and that structural changes are needed for Google to change its conduct. The case is expected to be filed in federal court in DC, and will also allege that Google uses billions collected from advertisers to pay phone manufacturers to ensure Google is the default search engine on browsers.

The next question should be…just how does Google’s monopoly hurt you?

I am glad you asked…..

Let’s Google together. Open a Web browser and search for T-shirts. I’ll wait.

Is the first thing you see a search result? I’m not talking about the stuff labeled Ads or Maps. On my screen, the actual result is not in the first, second, third, fourth, fifth, sixth, seventh or even eighth row of stuff. It’s buried on row nine.

Googling didn’t used to require so much . . . scrolling. On some searches, it’s like Where’s Waldo but for information.

Without us even realizing it, the internet’s most-used website has been getting worse. On too many queries, Google is more interested in making search lucrative than a better product for us.

https://www.thehour.com/business/article/How-does-Google-s-monopoly-hurt-you-Try-these-15657855.php

That question has been answered,,,the next is….what to do?  What to do?

I say treat them as we did AT&T in the 1980s…..

How many remember the days when AT&T was broken up?

Are you scratching your head?

If so then you are too young to remember that break-up of AT&T under the Reagan administration…..let Wikipedia fill in the gaps for you….

The breakup of the Bell System was mandated on January 8, 1982, by an agreed consent decree providing that AT&T Corporation would, as had been initially proposed by AT&T, relinquish control of the Bell Operating Companies that had provided local telephone service in the United States and Canada up until that point.[1] This effectively took the monopoly that was the Bell System and split it into entirely separate companies that would continue to provide telephone service. AT&T would continue to be a provider of long-distance service, while the now-independent Regional Bell Operating Companies (RBOCs), nicknamed the ‘Baby Bells’, would provide local service, and would no longer be directly supplied with equipment from AT&T subsidiary Western Electric.

https://en.wikipedia.org/wiki/Breakup_of_the_Bell_System

I bring up this bit of history because there is a plan afoot to try and break up the mega-corporations…..

The Democratic Party-controlled House of Representatives antitrust subcommittee released its report on big tech last Tuesday concluding a 16-month investigation into the business practices of Apple, Amazon, Facebook and Google.

The 449-page majority report, entitled, “Investigation of Competition in Digital Markets,” states in the foreword that the four corporations worth a combined $5 trillion—more than a third of the S&P 100—wield their market dominance “in ways that erode entrepreneurship, degrade Americans’ privacy online, and undermine the vibrancy of the free and diverse press.”

The House Judiciary subcommittee chair, Democrat David Cicilline from Rhode Island, wrote in the forward, “To put it simply, companies that once were scrappy, underdog startups that challenged the status quo have become the kinds of monopolies we last saw in the era of oil barons and railroad tycoons.”

https://www.wsws.org/en/articles/2020/10/13/tech-o13.html

Did you see this bit of news on your favorite channel?

I am guessing you did not….another way the MSM is used to keep the public in the dark on what is actually happening.

I agree that they should be broken up but I also fear that this plan could create even bigger and more powerful corporations.

What makes me think that?

AT&T dominated the telephone market for most of the 20th century. The company was so big, it was forced to break up into eight smaller companies in 1984. Today, almost all of those companies are once again part of AT&T, along with cellular carriers and cable providers. Here’s how the company grew so big that the government broke it up — only to see it become even bigger. Following is a transcript of the video.

https://www.businessinsider.com/att-breakup-1982-directv-bell-system-2018-02

This plan may not be in the best interest of the nation….especially when Dems are concerned for they are just as deep into the pockets of corporations as the GOP.

Vox also looks at the way to deal with the mega-corporations….

Much of the debate has focused on Section 230 of the Communications Decency Act and, most recently, a Trump administration initiative to get the Federal Communications Commission to modify the law. As my colleague Sara Morrison explains, they can’t really do that. The Section 230 debate, however, has been awash in misunderstanding and misinformation, with lots of hectoring about an alleged (but fake) legal distinction between a “platform” and a “publisher.”

What the law actually says is that if I run a computer service and you use it to libel someone, then you are legally responsible for the libel but I am not. At one point in the early internet, there was concern that if a company edited or moderated its comments sections in any way, that would expose the company to legal liability for anything it failed to remove. Section 230 sought to encourage moderation (there’s no porn on Instagram, for example) by clarifying that this is not the case.

Meanwhile, Democrats in the House have been pushing for antitrust scrutiny of big tech companies, something Republicans have at least rhetorically backed from time to time.

https://www.vox.com/21520568/social-media-phone-company-big-three

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Push Back To Leaving Afghanistan

I have seen the reasons that some have for Trump’s decision to move our troops out of Afghanistan……most of those that want to stay are getting paid by the corporations that are milking the taxpayers out of their money…..and that includes the former VP Biden…he has NO plan to bring our troops home..

Beyond that I have made an accusation that it is about the cash and not the foreign policy……here is why I say this….

The 19-year-old war in Afghanistan continues to be a huge sinkhole for US taxpayer dollars. The US government’s oversight authority that monitors waste in Washington’s Afghanistan reconstruction effort released a report this month updating its findings.

The Special Inspector General for Afghanistan Reconstruction (SIGAR) found that as of December 31st, 2019, Congress appropriated almost $134 billion to Afghanistan reconstruction since the 2002 fiscal year. Of that amount, SIGAR reviewed about $63 billion and found approximately $19 billion or 30 percent was lost to waste, fraud, and abuse.

Between January 1st, 2018, and December 31st, 2019, SIGAR found an additional $3.4 billion was lost to waste, fraud, and abuse. Of that total, SIGAR identified $1.5 billion in taxpayer funds that were lost to waste, $300 million lost to fraud, and $34 million lost to abuse. The remaining $1.6 billion was allocated to counter-narcotics, which SIGAR believes was also wasted.

In a 2018 report, SIGAR described US counter-narcotics efforts in Afghanistan as a “failure.” A UN report from 2019 found Afghanistan is the source of 80 percent of the world’s illicit opium production despite the billions of US taxpayer dollars being spent to stop it.

Since SIGAR was formed in 2008, the oversight authority has investigated approximately 44 percent of the $134 billion spent by the US on Afghanistan reconstruction. According to Brown University’s Costs of War project, as of September 2019, the US has spent $2 trillion on the war in Afghanistan. The number includes interest on borrowed money used to fund the war and money spent on care for veterans

(antiwar.com)

Can you see it now?

Close to $2 trillion and who thinks that the M-IC will give up that easy cash without a fight?

Here’s another thought about the $2 trillion…..

Pursuing trade and industrial policies that boost U.S. exports and eliminate the trade deficit while investing $2 trillion over four years in the nation’s infrastructure, clean energy, and energy efficiency improvements could support 6.9 to 12.9 million “good jobs” annually by 2024, according to an analysis published Tuesday.

https://www.commondreams.org/news/2020/10/20/investing-2-trillion-us-clean-energy-and-infrastructure-could-create-millions-good

Something to think about…..

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The Clayton Anti-Trust Act 1914

Speaking of economic news……

Hold your breath it is time for the Old Professor’s history lesson…..first Mata Hari was executed in Paris on this date in 1917….and in 1966 the Black Panther Party is established……and in 1969 over 2 million people protested for the end of the Vietnam War…..

On this day. 15 October, in 1914 the US Congress passes the Clayton Anti-Trust Act…..

On this date, the 63rd Congress (1913-1915) passed the Clayton Antitrust Act (P.L. 63–212) in a bid to curb the power of trusts and monopolies and maintain market competition. By the turn of the 20th century, large corporations had cornered whole segments of America’s economy using predatory pricing, exclusive dealings, and anti-competitive mergers to drive local businesses to ruin. In Congress, Members decried the evils of monopolies, including Representative Robert Crosser of Ohio who warned that a “failure to check the growth of monopolies…will result in industrial slavery.” Representative Alben W. Barkley of Kentucky dubbed the trusts “offensive organizations.” Most agreed that government regulation of the trusts was too lenient and rallied around the Clayton Antitrust Bill when Representative Henry Clayton of Alabama introduced it in 1914. Representative John J. Casey of Pennsylvania remarked, “I realize and appreciate the importance of this bill, because I believe it is one of the most important that has or will come before this House for consideration.” The Act supplemented and strengthened the Sherman Act of 1890, an existing antitrust bill that had failed to effectively regulate the massive corporations. The newly created Federal Trade Commission enforced the Clayton Antitrust Act and prevented unfair methods of competition. Aside from banning the practices of price discrimination and anti-competitive mergers, the new law also declared strikes, boycotts, and labor unions legal under federal law. The bill passed the House with an overwhelming majority on June 5, 1914. President Woodrow Wilson signed it into law on October 15, 1914. 

This was suppose to cease the idea and exploitation of being a wage slave…….and how has that worked out?

This law has very little teeth anymore…..we have monopolies everywhere in our business societies….the US has a long history of trying to make the society more equitable……https://www.thoughtco.com/the-clayton-antitrust-act-4136271

How has all this legislation done at help this society become a more equitable society?

I do not see it….how about you?

(Watch this blog for more thoughts on monopolies….posts coming soon)

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Delusional Amount Of Cash

I see that the Congress has left town , go figure, that is the one thing they all agree on, without any action on the new economic stim package to help the country deal with the costs of the pandemic.

People will soon lose or have their benefits cut or lost….and yet the only ones showing a profit out of the pandemic is corporations that are 100s of million of dollars that have seen profits jump by double digits……and what is the answer for the Fed?

Give the rich bastards more cash…..

Federal Reserve officials have launched what amounts to a full court press aimed at ensuring that Congress provides a further fiscal stimulus to corporations, as the COVID pandemic continues out of control and the limited revival of the US economy stalls.

While Fed representatives always couch their remarks in terms of giving assistance to the economy and even to workers, the fall in the stock market since the beginning of the month—the most significant downturn since the plunge in mid-March, when all financial markets froze—is the underlying concern.

The push began on Tuesday, when Fed Chair Jerome Powell gave testimony before the House of Representatives Committee on Financial Services. Powell repeated earlier calls for fiscal action, on top of the more than $3 trillion made available under the CARES Act.

https://www.wsws.org/en/articles/2020/09/25/econ-s25.html

All this leads me to ask the one simple question….why do we give corporations so much power over our lives?

The media leads us to believe that the markets going up is good for the people….it is not the only people that benefit are the CEOs.

Then why do we give them the power?

The American people own most of the wealth—private and public—and most of the information in the country. The top one percent do not.

The American people have most of the power in the country. The top one percent do not.

(If you believe any of that then I have a bridge I will sell cheap)

These assertions may surprise you, because the top one percent and the giant corporations work overtime to control what you own. This means they do not have to seize what you own so long as their control provides them with both riches and power over you.

Let’s spell this out with specifics. Our Constitution starts with the words, “We the People…”; it doesn’t start with ‘we the corporations’ or ‘we the Congress’ or ‘we the super-rich.’ The sovereign authority under the Constitution is us; we the people are the bosses. But we give our power away to the Big Boys who run the big companies that control most of our elected politicians. The politicians in turn proceed to corrupt our elections with campaign money, gerrymandering, deceitful ads, voter obstructions, and a totally dominant two-party duopoly. This corporate state destroys competitive democracy which would give our votes meaning, choices, and effectiveness.

The corporate “Borg” is sucking the ready availability of the good life, decent, secure livelihoods assured by our collective self-reliance, and the freedom to shape our future out of our political economy.

We have been brainwashed….and it has been a rousing success for we equate our personal success by others standards.

For Christ Sake—-Learn Stuff!

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The Iron Triangle

This could be that area of South Vietnam during that war……

The heavily forested Cu Chi and Iron Triangle jungles were frequently... |  Download Scientific Diagram

…..but it is not for no one gives a shit about that war anymore…..nor the Iron Triangle from the Korean War.

The Iron Triangle I am talking about in this post is a political or should I say a bureaucratic one.

I recent tried to inform my readers about the government contract process……https://lobotero.com/2020/09/29/those-government-contracts/

And that lead me to this particular part of our federal bureaucracy….the Iron Triangle.

But first a few words about the institution we called bureaucracy…..

Red tape. Paper pushers. Bean counters. Vast, cookie-cutter buildings with fluorescent lighting and thousands of file cabinets.

These are the images that come to mind when many Americans think of government bureaucracy. A bureaucrat is someone who works in administrative capacity for the government. How important are bureaucrats and their government agencies in actually running the United States government? According to some, they are the real government — the ones behind the scenes who go to work when the politicians are enjoying the spotlight.

Max Weber, a German sociologist was one of the first people in modern times to think seriously about the importance of bureaucracy. The term actually comes from the French word “bureau,” a reference to the small desks that the king’s representatives set up in towns as they traveled across the country on king’s business. So bureaucracy literally means “government with a small desk.”

https://www.ushistory.org/gov/8.asp

Now on to the Iron Triangle…..

Iron Triangle Examples

The term “iron triangle” is a term used to describe the dynamics of policy-making between special interest groups, Congress and governmental agencies. The interrelationship between these three factions can create a self-sufficient (and sometimes corrupt) sub governmental situation in which American citizens’ best interests are ignored in favor of receiving special favors and regulation changes for passing particular legislation.

Other times, special interest groups (SIGs) like the National Association for the Advancement of Colored People (NAACP) will lobby to have meaningful laws passed that protect a certain group of people. Let’s take a look at the good and the bad with the following iron triangle examples.

Special interest groups are a key element in the iron triangle because they can create a governmental situation in which their lobbyists have an undue influence on government.

Another corner of the iron triangle is Congress. Congress exchanges “friendly legislation” to interest groups as well as bureaucrats and governmental agencies in order to gain their support in elections.

Anyone that has studied Civics, you know that dying subject that few care about, they would understand what the “Triangle” represents.

The Iron Triangle

The Iron Triangle is responsible for the stalemate in Congress…if the legislation does not benefit them then they throw cash at select Congresspeople and bring any progress to a halt.

The Iron Triangle needs to be dismembered once and for all…never to return to hold the nation captive.

Just A Thought!

I Read, I Write, You Know

“lego ergo scribo”

The Myth Of The M-IC

I have written many times on the power that the Military-Industrial Complex (M-IC) holds over our nation….and I have even gone so far as to agree (some what) with accusation from Trump that the generals are in the pocket of the M-IC…..

Here are my thoughts on the M-IC…….https://lobotero.com/2019/01/28/what-is-the-military-industrial-complex/

And there is more……https://lobotero.com/2019/03/20/the-military-industrial-complex/

Then there is the shock that I agreed with Trump on anything…….https://lobotero.com/2020/09/09/in-defense-sort-of/

To be fair not everyone agrees with me about the M-IC top heavy with generals and they they are influenced by the corporations.

The rebuttal comes from the American Enterprise Institute, a group that gets donations from the M-IC and in this case is being used as a PR weapon to counter the opinions voice by me and the president…..

It is hard to think of any U.S. president that Donald Trump resembles less than Dwight D. Eisenhower. Yet Trump managed to evoke the comparison this week, when he charged that senior American military officials are more interested in serving the interests of arms manufacturers than in serving the interests of the U.S. The military, he said, advocates war “so that all of those wonderful companies that make the bombs and make the planes and make everything else stay happy.”

For some observers, the allegation brought to mind Eisenhower’s farewell address in January 1961, in which he cautioned that a mighty “military-industrial complex” could “endanger our liberties” and strangle the American economy. Since then, Eisenhower’s speech has been cited by critics who warn that an expansive foreign policy will ruin the nation’s prosperity and freedom alike.

Yet just as Trump was wrong in arguing that Pentagon officials are motivated by greed rather than patriotism, Eisenhower — a far wiser leader — was more wrong than right about the military industrial-complex.

Trump, Ike and the myth of the military-industrial complex

I wonder how much that rousing defense of the M-IC will cost the industry?

Just a point here….where do you think that retired generals go to work after their retirement?….I mean after they write their book….that is.

Go to the corporations website and look at their officers…..they are heavy with generals…..how do you think certain weapon systems make it through the process even when they are proven to be waste of money (think F-35)?

Not all generals are in the pocket of defense contractors but the ones thinking of retirement are thinking of a way to make cash out of their service.

Once again….I will agree with Trump on this (on principle that is)…..

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The Cash Scramble!

Just like the crash of ’08 businesses are scrambling to preserve their profits by getting the government to give them money……and now that the markets have slid another 3000 points the screams are growing louder by the day….

These daily slides have wiped out about 96% of the profits it created in the Trump years so far.  If this continues then Trump has lost his best re-election weapon.

How about those businesses like the airlines……seems everyone is scrambling to get a piece of the government’s pie.

“We’re going to be in a position to help the airlines very much,” President Trump said Monday when asked about possible government aid in the wake of the huge drop in passenger bookings. The airlines have now put an amount on that promise: $50 billion. That’s more than three times as much as they received after the 9/11 terrorist attacks, the Wall Street Journal reports; the tab for the auto industry bailout was $80 billion. Cash payments, loans and tax help could be part of the deal being discussed by the airlines with Trump administration officials and members of Congress. United Airlines said it plans to cut service in half for April and May because of the coronavirus outbreak and figures the flights it keeps running will only be one-fourth full. “We have to back the airlines,” Trump said. “It’s not their fault.”

The airlines also made a plea for urgency. “We cannot afford to wait long for assistance,” the A4A trade group said. “This is a today problem, not a tomorrow problem,” the group’s CEO said, per the Washington Post. Airports could ask for federal aid, too. “Airlines may be the most visible part of our aviation system,” a House GOP spokesman said, “but we have to ensure that a stabilization package addresses the needs of airports, regional and charter airlines, cargo airlines, manufacturers, and general aviation business.” An industry analyst called the plan “an aggressive request” but cautioned that it could be just a starting point. “You have to remember the A4A’s job is to shoot for the universe in hopes of getting the moon,” he said.

I say give the greedy bastards the money….but take it out of the Pentagon’s budget for it is pretty bloated.

My feelings are…”F*ck ’em”!

How much have they used to buy back their own stocks?  Maybe they should say screw short term gains and look to the future.

Just saying…….

And the games being played in the Congress is so typical of the gutless wonders we elect…..

With an urgency unseen since the Great Recession, Congress is rushing to develop a sweeping economic lifeline for American households and businesses capsized by the coronavirus outbreak. Democrats said at least $750 billion would be needed, the AP reports. “We will need big, bold, urgent federal action to deal with this crisis,” Senate Democratic leader Chuck Schumer said Monday. Republicans did not object, as a roster of America’s big and small industries lined up for aid. Senate Majority Leader Mitch McConnell said he wants a comprehensive approach with “significant steps” for the economy, particularly Main Street businesses. Senators had returned to an emptied-out US Capitol, clear of tourists or House members, to confront an even more dire situation than the one they left for a long weekend, before Trump declared a national emergency.

Stuck in the Senate is the aid package approved Saturday by the House, with sick pay, free testing and emergency food. Some Republicans want changes, and the House has technical corrections to make. Treasury Secretary Steven Mnuchin, who negotiated the package with House Speaker Nancy Pelosi, arrived late Monday on Capitol Hill to confer with Senate GOP leaders, saying they were trying to fix the hangup and turn to next steps. The House, Senate and White House agree the pending bill is not nearly enough. The Chamber of Commerce called Monday for legislation including a three-month cancellation of the taxes companies pay to support Social Security, Medicare and unemployment insurance, for example. The Democrats’ plan would boost hospital capacity, unemployment insurance and other direct aid for households, businesses and the health care industry.

Not to worry the Senate will go on a three day hiatus just when we need their worthless asses to get things done…..so typical.

I Read, I Write, You Know

“lego ergo scribo”

Sunday And Thoughts

My Sunday and I have very little to amuse my reader….I try to be as an FYI blog on weekends so my friends and readers learn something they may not be aware of…..

Did anyone see the original “Rollerball”?

In that world corporations control everything including the sport of Rollerball.

I brought this up because corporations are becoming so powerful that they control everything….and I mean everything….

“There is no America. There is no democracy. There is only IBM and ITT and AT&T and DuPont, Dow, Union Carbide, and Exxon. Those are the nations of the world today … The world is a collage of corporations, inexorably determined by the immutable by-laws of business.” 

The famous monologue from the film Network delivered by actor Ned Beatty in 1976 reflected growing anxiety at the time that corporate power could eventually overturn democracy. Today, what was feared 40 years ago is becoming a reality. Corporations have become the nations of the world and they increasingly act as such.

Last month, Facebook announced that it is introducing its own currency, Libra, which the more than two billion users (or “citizens”) of the platform will be able to use to pay for goods and services.

https://www.commondreams.org/views/2019/07/24/rise-corporate-nations

Let me wax political for a moment…..

It is the 2020 election cycle and the big decision for the American people is a form of Left populism or a continuing of the control by corporations through the corporatist candidates that the media labels as “centrists”

It is time for the corporations to go back to their function….the business world and leave the democratic stuff to the people and the election process.

More thoughts…..recently the president of Brazil was in DC for a visit and as he walked u to a near-by mic he gave his idea on saving the Earth…..

Bolsonaro’s comment was the result of a reporter asking him about whether Brazil can simultaneously grow more food while protecting the environment. And this question is the crucial context to understand Bolsonaro’s reply: “It’s enough to eat a little less. You talk about environmental pollution. It’s enough to poop every other day. That will be better for the whole world.”

‘Poop every other day’ to save Earth says Brazilian president as he destroys the Amazon

One of those probing question in life….we have been told by Trump that he is a genius, a really smart person and went to the best schools…..shall we look into that claim?

President Donald Trump spends a lot of time talking about what a “genius” he is. Even before running for office, Trump liked to tout his intelligence. Over the years, Trump also claimed that he “went to the best schools,” and that he “got good marks.” So where did Donald Trump go to college? Before he rose to prominence as a celebrity businessman, Trump attended two different universities, including an Ivy League school.

According to The Washington Post, spent two years at Fordham University — a Jesuit college in New York — before transferring to the University of Pennsylvania. Trump graduated from UPenn in 1968 with a bachelor’s degree in economics. During his time at UPenn, he took undergraduate classes at the highly regarded Wharton School of business, though he did not obtain an MBA.

https://www.elitedaily.com/p/where-did-donald-trump-go-to-college-he-doubled-up-1823671

A thought from a library to illustrate how much you can save by using a library for your reading pleasures…..

receipt from a public library that displays and keeps track of the amount of money saved by patrons who borrow books instead of buying them is sparking debate online about the thousands of dollars that some say should be going back to authors.

The viral screenshot of a Wichita Public Library receipt was first posted by a Reddit user who had recently noticed that the library was keeping track of the member’s savings throughout the year and since they’ve been using the library. According to the user, who added context in the post’s replies, it is money that’s been accumulated by a six-person family that goes to the library on a weekly basis. Still, the $7,078.76 savings since they have been going to the library is leaving people in shock.

“Wow that’s brilliant! Seeing those figures might encourage more people to use a library!” another Redditor commented.

https://www.yahoo.com/lifestyle/library-receipt-goes-viral-7000-savings-214356680.html

Most of us know how much Trump hated/hates Obama….he has tried to undo everything Obama accomplished….and now a bit of karma could be on the horizon…..

Trump Tower’s current address is 725 5th Avenue in New York City. But if thousands of petitioners have their way, it will be 725 President Barack H. Obama Avenue, the Huffington Post reports. More than 130,000 people have so far signed a MoveOn.org petition to rename the portion of Manhattan’s 5th Avenue that is between 56th and 57th streets—where Trump Tower sits. “The City of Los Angeles recently honored former President Barack Obama by renaming a stretch of the 134 Freeway near Downtown LA in his honor,” the petition reads. “We request the New York City Mayor and City Council do the same.”

That ought to get his juices flowing red……

Finally….the Kingdom of Jordan has come up with a unique museum to attract tourists…..the museum is in the waters off the resort town of Aqaba…..photos tell the story…..

https://www.middleeasteye.net/discover/in-pictures-jordan-underwater-museum-aqaba-tanks

My Sunday now begins with MoMo and her walk….and her game she plays with that damn pesky squirrel.

“Lego Ergo Scribo”

Corporate Death Penalty

Think back to the 2008 collapse of the economic structure….it was the banks that lead the way and yet they were not punished for killing so many pensions….at best there was a slap on wrist and they promise not to do it again…..and if you will notice they are doing it again,

It is time for the government to bring the pain to these lousy players in our economy.

Bring back a corporate death penalty……

Let’s begin with a SCOTUS dissenting opinion from 1935…..

“The prevalence of the corporation in America has led men of this generation to act, at times, as if the privilege of doing business in corporate form were inherent in the citizen, and has led them to accept the evils attendant upon the free and unrestricted use of the corporate mechanism as if these evils were the inescapable price of civilized life, and, hence to be borne with resignation.

“Throughout the greater part of our history, a different view prevailed.

“Although the value of this instrumentality in commerce and industry was fully recognized, incorporation for business was commonly denied long after it had been freely granted for religious, educational, and charitable purposes.

“It was denied because of fear. Fear of encroachment upon the liberties and opportunities of the individual. Fear of the subjection of labor to capital. Fear of monopoly. Fear that the absorption of capital by corporations, and their perpetual life, might bring evils similar to those which attended mortmain [immortality]. There was a sense of some insidious menace inherent in large aggregations of capital, particularly when held by corporations.”

—U.S. Supreme Court Justice Louis Brandeis, 1933 dissent in Liggett v. Lee

https://www.commondreams.org/views/2019/01/08/its-time-bring-back-corporate-death-penalty

The limp wrist attempt to make corporations, especially the banks, was quickly pushed aside as soon as another corporate titan comes to power….time to make any penalties permanent…..time for the government to work for the people and not just the corporations.

This may be wishful thinking but I do feel the country is starting to realize just how bad corporations are acting and want accountability for their CRIMES.

2020 could be the beginning of the revolution to get the greed and corruption out of our society, especially from the corporations.

But first we must VOTE!

Breaking Up Is Hard To Do

Take a moment and wax nostalgic…….a song from my youth…..ah the memories!

But in this case it is not some song from my past but rather a proposal from 2020 Democratic presidential candidate, Elizabeth Warren……

She has a proposal to break-up giants like amazon, Google and Facebook……along the lines of the break-up of AT&T in the 1980s into regional entities……

Sen. Elizabeth Warren unveiled her plan for how to break up the nation’s technology behemoths on Friday. 

The Democratic senator from Massachusetts, who’s seeking the Democratic nomination for president, laid out her proposal in a Medium post entitled “Here’s How We Can Break Up Big Tech.” In the post, Warren argued that it’s essential to crack down on the unfair market advantage enjoyed by Amazon, Facebook, and Google in order to boost competition and fuel innovation.

Fordham law professor Zephyr Teachout praised the plan, calling it as a sign that a “new anti-monopoly movement is happening, and Warren is coming out swinging at the right targets!” Agreeing with Warren, she added, “The big tech monsters are conglomerates with too much power that they use to extract wealth and data from all us of us as if we are subjects in their feudal regimes.”

 
Personally, I like the idea…..but if her consumer protection agency from the 2000s is any indication this will nit go very far…….if the Senate does not crap on the proposal then the big money donors will chip away at it until it is just a shadow of the original proposal.
 
Elizabeth Warren wants a fair playing field in the marketplace—and she’s going after Big Tech to make it happen. “To restore the balance of power in our democracy, to promote competition, and to ensure that the next generation of technology innovation is as vibrant as the last, it’s time to break up our biggest tech companies,” she said in a statement Friday, per the New York Times. Her plan to bust up giants like Facebook, Google, and Amazon is a two-tiered one: First, large firms with annual global revenue of $25 billion or more that offer an online marketplace or other type of platform that connects third parties would have to “structurally separate” their products from that marketplace. What that means, for example, is that if you do a Google search for a restaurant, Google can’t give its own ratings priority over, say, Yelp’s, notes Vox.
 
The second tier—companies with annual revenue between $90 million and $25 billion—wouldn’t be subject to that same sort of product-marketplace separation, but they would have to adhere to certain fair-use regulations. Another big move Warren’s plan is pushing for: reversing some recent mergers that the 2020 presidential candidate says cut down down healthy competition, including Facebook’s acquisition of Instagram, as well as Amazon scooping up Whole Foods. This move, Warren says, “will put pressure on big tech companies to be more responsive to user concerns, including about privacy.” Critics commenting on Warren’s proposal fear such a plan could lead to the “weaponizing” of antitrust laws (lawmakers could go after companies they don’t like), per the Times, or reduce convenience for consumers, Ars Technica notes
 
This is fascinating……I want to see where it will go……I like it, as I have said…..this should have been done years ago…..
 
Any thoughts out there?