Tag: Corporate Persons

Supposedly ‘Uncertainty‘ is the new Corporate buzzword.

‘Uncertainty‘ is the Mantra that keeps them FROZEN with inaction.

Well I guess, a lot depends on what kind of ‘Action’ — were looking at.

America’s Corporate Cash Cushion

Jonathan Cheng, WSJ Market Beat — Sep 17, 2010

The Federal Reserve put out its quarterly report on fund flows today, which shows corporate balance sheets more or less flat at $1.845 trillion, compared to $1.847 trillion in the first quarter of 2010.

[…]

“Companies weren’t stuck like a deer in the headlights because of regulatory or political uncertainty,” he said. Instead, he says corporate directors have been spending on capital expenditures, M&A, and buybacks and dividends.  [ … according to Anthony Carfang, from at Chicago-based corporate treasury consultancy Treasury Strategies.]

Dividends and buybacks, like the ones announced after market close yesterday by Texas Instruments, are on the rise […]

Be afraid, be very afraid, people — Or so the Corporate Speakers are telling us.

The Decision

by Alan Grayson — Thu Jan 21, 2010

In a 5-to-4 decision today, the U.S. Supreme Court decided that corporations have the “right” to spend an unlimited amount of money to influence and manipulate federal elections.  The decision overturns more than a century of law and precedent.  

[…]

“The Supreme Court has decided to protect the rights of GE, Volkswagen, Lukoil and Aramco, at the expense of our right to good government,” Grayson added.

[…]

Today, Rep. Grayson called for immediate action on his Save Our Democracy bills.  “If we do nothing, then before long, there won’t be Senators from Oklahoma or Virginia, there will be Senators from Citibank and WalMart.  Maybe they will wear insignias on their $500 suits, like NASCAR drivers do.”

Question is, do our Legslators have the guts to make use of our Constitutional “Checks and Balances”?  

Can the Legslators actually pass laws to reel in the excesses of the Corporate Rights enabling Court?

In case you haven’t noticed, there is a Talking Point War, developing around the “validity” of the Public Option.

There is very much at stake in this inevitable War of Words — not least of which is YOUR Future Health, Wealth, and peace of mind.

Of course, the forces of the Status Quo, will do everything within their Financial Power, to convince you that a non-profit “Public Option” in Health Care — is against your best interests!  That it is anti-American! … That a Public Option is somehow an “inferior” product.  (says who, btw?)

Just don’t buy what their selling, because really it’s someone else’s “best interests” that those Talking Point warriors, really have in mind:

Beware of Big Business’ next “Bait and Switch”!  

(Whether it be some amorphous “co-op” idea, or some other shiny object, like promising to finally “play nicely now”.)