anticapitalist:

GE pays close to NOTHING in taxes

General Electric, one of the nation’s largest corporations, found itself at the center of the corporate tax debate last year when the New York Times discovered that it paid nothing in taxes, despite billions of dollars in profits. GE responded to the outcry by promising that its 2011 rate was “slated to return to more normal levels” because of the recovery of GE Capital, its financial arm. But according to an analysis from Citizens for Tax Justice, the company’s 2011 effective tax rate was just 11.3 percent. Even worse, over a 10-year period from 2002-2011, the company paid $1.9 billion in taxes on $81.2 billion in profits, giving it an effective tax rate of just 2.3 percent for the decade:

– From 2006 to 2011, GE’s net federal income taxes have been negative $2.7 billion, despite $39.2 billion in pretax U.S. profits over the six years.

– Over the past decade, GE’s effective federal income tax rate on its $81.2 billion in pretax U.S. profits has been at most 2.3 percent.

In the 10-year period CTJ examined, GE’s highest tax rate came in 2005, when it paid 27.5 percent, below the top tax rate in Obama’s reform plan. Four times in that stretch, its tax rates wasnegative, most notably in 2010, when the company received more than $3 billion in tax refunds, giving it an effective rate of negative 64.2 percent (click the image to make it larger)

Wow…

prettycoolblackguy:

Not that I dislike it. I don’t.It just wasn’t good.
But I’ll point out stuff to explain why:
The motivation was excellent.
It’s good to see younger people engaging actively in a movement towards a common goal.
However, the goals weren’t the same for everyone.
Some people just wanted a job, other people just wanted Wall Street to pay up for their crimes against the middle class.
And then again, some people wanted both.
The structure of the whole OWS was also fairly bad.
It didn’t allow anyone to be a leader and everyone was against having a leader(however Anonymous doesn’t have a leader,but they’re somewhat successful because of the internet).
They also didn’t really have any “clear” objective of what they were trying to do, only vague ones that are assumed. Each person was different and each person believed different things.
It was not an organized movement.

And that is all.

reblogging because of reasons

Not that I dislike it. I don’t.It just wasn’t good.
But I’ll point out stuff to explain why:
The motivation was excellent.
It’s good to see younger people engaging actively in a movement towards a common goal.
However, the goals weren’t the same for everyone.
Some people just wanted a job, other people just wanted Wall Street to pay up for their crimes against the middle class.
And then again, some people wanted both.
The structure of the whole OWS was also fairly bad.
It didn’t allow anyone to be a leader and everyone was against having a leader(however Anonymous doesn’t have a leader,but they’re somewhat successful because of the internet).
They also didn’t really have any “clear” objective of what they were trying to do, only vague ones that are assumed. Each person was different and each person believed different things.
It was not an organized movement.

And that is all.

mediaofthemovement:

Protestor at Occupy Wall Street dresses up like a banker

I see what was done here

anticapitalist:

Alright you caught us. We don’t have a list of demands. We don’t have a single message. We do not even have a single tactic that we can agree on. None of us know exactly what we are doing, we don’t even know what the best end result would look like. That is what true change looks like. It looks so different, so totally unimaginable, that you do not even know exactly what it looks like or how to get there. People embark on such dangerous and murky journeys when they know that the present is not tenable. That while the future is totally unseeable, the present is too sick, dirty, depraved, and corrupted that the center cannot hold and the only future they have is the future they make for themselves.

The problems we face as a country do not fit on a bullet point list, and I refuse to make one.

This week we saw the door close on what few, freedom-of-speech-zone-contained, first amendment rights we had left. Your own government is about to declare our sovereign soil a battle ground. Your neighborhood will be a battle ground.

Your own government will declare your child’s school a battle ground.

Your own government will declare your streets a battle ground.

Your own government will declare the White House a battle ground.

Your own government will declare your church, temple, or mosque a battle ground.

Your own government will declare your home a battle ground.

We are not blind Obama supporters, we are not fascists, or dirty hippies, or terrorists, or atheistic gang bangers, or any of the other things Fox News likes to call us. We are people. People who have an unrelenting belief that a vastly better world is possible but only if we demand it in one loud and united voice.

Read this whole article. It’s intense

wespeakfortheearth:

occupyallstreets:

STOP AND READ, EXTREMELY IMPORTANT!

Michael Bloomberg, the mayor of NYC, is the 13th-richest person in the United States with a net worth of $18.1 billion in 2011.

His company owns 1/3 of the $16 billion global financial market.

In the fall of 2008, Bloomberg used his wealth to reverse term-limit laws in his favor so he can run as mayor in NYC for a third term.

This is proof that the 1% have too much power and control the government.

It’s pretty evident that Michael Bloomberg has a LOT to lose from the #OccupyWallStreet protest.

                                                                                    

Last Tuesday, Bloomberg ordered all New York City agencies to prepare to slash expenses by a total of $2 billion during the next 18 months.

Bloomberg also imposed a hiring freeze for the “foreseeable future,”.

This means those who are unemployed and those who may be layed off are in SEVERE danger of becoming bankrupt and/or homeless because lack of available jobs.

Not only is Bloomberg exploiting the citizens of NYC but he and the police chief have ordered the NYPD to discourage the Wall Street Protesters from protesting by pepper spraying and brutalizing the innocent.

The NYPD also used a method called corralling that lead to the arrest of 700 protesters on Brooklyn Bridge. 

The people of New York City and the of the United States of America are suffering due to corruption and corporate greed.

                                                                                    

Friday, October 21st  @ 2:30 pm, the #OccupyWallStreet protest will meet at Times Square for a peaceful, non-violent protest. 

We will practice our 1st amendment right to peacefully assemble and we will be met by hundreds of students and teachers who will participate in a nationwide walk out.

Occupy All Streets is currently planning occupations all over the country scheduled on the same day.

The simultaneous events has the potential to gather tens of thousands to protest around the country.

                                                                                    

To get a fair estimate of how many people will be protesting and how many will be participating in the school walk out, RSVP on Facebook and spread the word.

Occupy Times Square: Page - Event

Operation Walk Out: Page - Event 

Occupy All Streets is looking for more members to help organize occupations nationwide.

If you are interested, send us a message.

                                                                                    

WE ARE THE 99%

WE WILL PREVAIL

Timesquare? Oh this is just getting better and better :]

People need to know of the truth.

The Truth is coming out.

Go and vote here. 

theshortestgirlonearth:

sttarlight:

boywonder:

White kids shouldn’t be allowed on the internet

this is a big WTF

hahahahahaha

I wanna slap the fuck out of that kid.