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In contrast, the current stimulus, rather than inspiring a new generation, has focused on bailing out failed corporations, few of which will generate much employment.
Overall, Sen. Bingaman has received almost $60,000 from failed corporations and donors linked to questionable stock trades.
It is obscene to witness executives of failed corporations walk away with total cash compensation packages of close to $100 million.
Pragmatism, and "getting things done" to both Sanders and Warren means breaking up Too Big to Fail Banks, reinstating Glass-Steagall, ensuring we never again rescue failed corporations (socialist George W. Bush forced nine major banks to "accept partial nationalization" and urged government to own private business in 2008), and solving the conundrum of massive wealth inequality.
If we fail, corporations like Virgin will be left running our health service.
While the American system of government may be less subject to bribery and overt nepotism than China's, in many ways our capitalist economy and democratic politics are dominated by "too big to fail" corporations and public-sector bureaucracies — institutions far less monolithic than the Chinese Communist Party, but similarly influential and unaccountable.
We put $23 trillion on the line to save the "too big to fail" corporations that irresponsibly got us in this economic mess.
While 'too big to fail' corporations went into the bail-out emergency room and recovered to break earnings and stock market records, most Americans have been left in ICU with multiple diagnoses of unemployment, underemployment, home losses and foreclosures, low or no savings and retirement accounts, credit denials, and cuts in education and school funding.
In 1995 he married Bliss, and in 1997 he was convicted of fraud and sentenced to four years jail for syphoning $1.2bn from Bell Resources to shore up the cash reserves of the failed Bond Corporation, a scheme the crown prosecutor in the trial described as "enormous in its magnitude, audacious in its execution and redolent of the most serious dishonesty".
Americans are ruled by a corporatocracy: a partnership of "too-big-to-fail" corporations, the extremely wealthy elite, and corporate-collaborator government officials.
In the U.S. corporatocracy, the first step in recovering democracy is the psychological courage to face the humiliation that we Americans have neither a democracy nor a republic but are in fact ruled by a partnership of "too-big-to-fail" corporations, the extremely wealthy elite, and corporate-collaborator government officials.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com