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Greed Media in America

WATCH A Nebraska Farmer School A Fox News Host On The Dangers Of The Keystone XL Pipeline

According to Donald Trump and other Republicans, the Keystone XL pipeline is absolutely necessary if the United States plans to become energy independent. But a Nebraska farmer completely wrecked that argument in an interview with Fox News.

Art Tanderup is a farmer who lives outside of Neligh, Nebraska, and would be directly affected by the pipeline. He calmly told Fox host Sandra Smith that the Keystone XL would only travel through America, allowing Canadian Tar Sands to be exported from North America, most likely to countries such as China:

“It’s going across America to be refined and exported, which is not for America’s use. If they do not mix some high-quality crude with this, the best they get is poor-grade diesel fuel, which we can’t even burn in this country.”

Smith asked:

“Let me ask you, what’s the solution? Because we all want to achieve energy independence in this country. This was an effort and a step in that direction. How do you achieve that?”

Tanderup took the wind right out of Smith–and millions of Keystone proponents–by responding with simple facts:

“Our premium goal would be to leave the tar sands in the ground and move more rapidly to renewable fuels. After we learned how destructive the chemicals and the tar sands are, we have come to realize that this type of fossil fuel should not be happening. It doesn’t matter where it’s at ― we need to look for other sources of renewable energy. We would fight it wherever it was.”

The Nebraska farmer then ended the debate with one line:

“This is not American oil, and it is going across America.”

So Keystone should be built so we can enrich the Canadian company that owns the tar sands and guarantee that the Chinese will have plenty of oil in the future as they seek to overtake us the largest economy in the world? That’s the very definition of cutting off your nose to spite your face.

Here’s the segment from Fox News:

This article was originally published by the same author at LiberalAmerica.org

Categories
Business The Karma Is Gonna Get Ya

‘Pharma Bro’ Martin Shkreli’s Twitter Account Hacked, With Hilarious Results

Isn’t it wonderful how the universe seems to have a way of paying back jerks like Pharma Bro Martin Shkreli? He decides to raise the price of a drug needed to treat HIV by 1,500 percent, and then last week he was arrested for securities fraud.

But as it turns out, Shrkreli’s woes were only just beginning. Someone hacked into his Twitter account (Shkreli is a huge fan of sending out his thoughts on social media), and the result will definitely let us all know with certainty that karma is indeed mean when it turns and starts taking big bites out of your posterior:

martin

martin1

Whoever hacked Shkreli’s account knew exactly what they were doing. Six hours later he had still not regained control of it, and the fun continued unabated. Hell, even Oprah was laughing at Shkreli!

https://twitter.com/Patrickesque/status/678643198361661441

Hey, Martin, I wish we could feel sorry for you, but we don’t. Not the least little bit, Bro.

This article was originally published by the same author at LiberalAmerica.org.

Categories
Business Greed Money WTF?!

Bank Fires Staff, Then Demands They Come To Work The Next Two Years For Free

SunTrust Banks is a huge multinational corporation with $189 billion in assets. Clearly, the banking business has indeed been profitable for SunTrust. Which makes what they recently told about 100 employees so puzzling.

The bank recently let over 100 highly trained IT workers go, but it’s trying to retain their services for free by attaching a “continued cooperation” clause to their severance package. So if these employees don’t sign the contract containing the clause, they lose the entire severance package and walk away with nothing.

According to Computer World magazine, which examined the contract:

“The bank’s severance deal includes a ‘continuing cooperation’ clause for a period of two years, where the employee agrees to ‘make myself reasonably available’ to SunTrust “regarding matters in which I have been involved in the course of my employment with SunTrust and/or about which I have knowledge as a result of my employment at SunTrust.”

Additionally, the magazine noted:

“The employees were informed of their layoff at the end of September, and the last day of work for some is Nov. 1. This is according to several of the affected employees, who requested anonymity for fear of retaliation. This assistance can be by telephone or in-person meetings, and it may be provided without ‘additional consideration or compensation of any kind,’ the clause says.”

One of the affected workers said:

“How do they think this is acceptable?”

Simple. They have nearly $200 billion in assets and you don’t. How typical this is of big business in today’s marketplace. They use their employees up, cut their jobs, and then expect them to remain loyal to the corporation as if nothing has happened.

I one had an employer in the public relations field who was in the process of cutting staff and eventually filed for bankruptcy because, as it turned out, the owner had been stealing money from company accounts. This same owner came to his employees and told them they would have to work without pay for up to six months until business picked up. How did I react to this news? I went to the owner and informed him what he was asking for was unfair to all of us. He laughed and told me to take a week off to reconsider.

A week later, I packed my personal items into boxes and walked out of that office after tendering my resignation. And the workers who stayed for the additional six months? They got nothing, because of the bankruptcy.

How I hope and pray these SunTrust IT employees take the bank to court. This kind of thing has got to stop, and it has got to stop NOW!

This article was originally published by the same author at LiberalAmerica.org.

Categories
Business Greed

Walmart Stock Tanks; Walton Family Heirs Lose $41 Billion!

The stock market giveth, and the stock market taketh away. If you doubt that, just consider what happened yesterdaywhen Walmart stock hit a 30-year low. The company’s profits are estimated to decrease by 12 percent in 2015.

How drastic has all this been for the Walton family heirs who own the majority of the stock in the world’s largest retailer? They are projected to lose at least $41 billion this year alone.

Walmart, it should be noted, has a reputation for being one of the most exploitative corporations in the world, but at the moment the company is losing money in nearly ever single one of is worldwide operations.

Hmm…doesn’t this fly in the face of what companies such Walmart and their political puppets in the GOP have been preaching for years? You know what I mean: The belief that to be successful, a company must underpay and overwork its employees so it can compete in the global marketplace.

If you want to see a company that operates by the opposite philosophy, take a look at Costco: It pays its employees an average of $21 an hour plus benefits. Walmart, in comparison, has an average wage of $8.81 an hour and no benefits at all. That’s probably why so many of Walmart’s employees are on Medicaid and qualify for food stamps, which, incidentally, Walmart receives some $13 billion in annual sales from. Talk about corporate welfare!

Costco’s profits so far this year are up 29 percent! While Walmart treats its employees like chattel and suffers as a result, Costco is treating their workers with the respect they deserve and is prospering.

So, it now appears clear that what Walmart and the Republicans want to claim as truth is nothing short of an absolute lie, much like everything they say, especially when it comes to economics.

Give more money to the wealthy, the GOP has been saying for decades, and everyone will benefit. Bullshit! The rich get richer, the poor get poorer, and companies like Walmart exploit the system. Now that we know the Republican mantra on how to grow the economy is based on a gigantic lie, how long will it be before the party collapses under the weight of so much crap?

This article was originally published by the same author at LiberalAmerica.org.

Categories
Uncategorized

Walmart Being Sued For Denying Health Insurance Benefits To Gay Employee’s Wife

Walmart, the largest retailer in the United States, is being sued in federal court for denying health insurance benefits to the spouses of gay employees, which the suit claims violated gender discrimination laws.

The lawsuit, which has been filed in U.S. District Court in Boston, is also seeking to gain nationwide class-action status.

The lawsuit has been filed on behalf of a former employee, Jackie Cote, an office manager who has worked at Walmart stores in Maine and Massachusetts since 1999. Her wife, Diana Smithson, developed cancer in 2012 and treatment led to $150,000 in medical debt, which the suit alleges hampered Smithson’s recovery.

Cote and Smithson were married in 2004 in the state of Massachusetts. Earlier that same year,  a court ruling made the Bay State the first in the country to allow same-sex marriages.

Wal-Mart, however, did not began offering health insurance benefits to same-sex spouses until 2014, shortly after the Supreme Court invalidated a portion of the Defense of Marriage Act (DOMA) that denied federal benefits to married gay couples.

Cote’s lawsuit calls the health insurance policies issued by Walmart prior to 2014 a form of gender discrimination because the wife of a male employee would receive health insurance, and even after the 2014 change, Wal-Mart workers still faced the uncertainty of losing spousal coverage.

A portion of the lawsuit states:

“Benefits provided by Wal-Mart as a matter of grace…are not secure and could potentially be withdrawn just when large health care costs are incurred.”

A spokesman for Walmart, the largest employer in the country, declined to comment other than to say its benefits coverage before the 2014 change was legal.

Cote is being represented by Gay & Lesbian Advocates & Defenders. The civil rights group is seeking to certify a nationwide class of current and former gay Walmart employees who were legally married before 2014, when the company began covering same-sex spouses.

This article was originally published by the same author at LiberalAmerica.org.