
During the election spitfire, Barack Obama said that he would “end tax breaks for corporations that ship jobs overseas” while firing at John McCain for refusing to condemn such loopholes. That is now part of history. Yet, the truth remains that Barack Obama was right on target with this issue. While Republicans were in office, little to nothing was done to right the wrongs done to the American people since the prior Bush Administration and the Clinton Administration. Politicians continue in their incestuous escapades with corporate multinationals including central bankers and investment community. Employment is no longer about bolstering nations even for benefit of the corporate oligarchy, but about the largess of corporations that ransack the globe to sustain themselves. President Obama proposed the idea of change during the election, but did America hear him or care about what he said? Are American voters willing to hold presidential candidates immediately responsible for correcting the blunders that continue to economically decimate our country?
During the election, President Obama was not precise about how he would alter the rules other than to say he would end “permanent deferral” of income abroad. So far, this isn’t on his radar, yet is just as important as health care for the American people. Even so, even during the election, job offshoring was not mentioned among important policies or on their campaign websites. Our venerable politicians have resisted correcting tax law since 1991 on corporate bodies leaving huge gaps available for rampant abuse. Multinational business simply fills the gaps left by government regulation. As a result, the abuse and lack of policy continues unabated. What politicians are receiving from leaving the policy holes are questionable. What the U.S. economy is losing is immense, no less than the greenbacks that the U.S. economy sends overseas for oil every year to the tune of billions.
Blaming the corporate ideal of free trade and business leaders alone for the present situation of American workers is misplaced. American politicians, ill-conceived government regulations and lack of foresight along with the willingness to make sound adjustments are responsible for nearly all of the job losses the United States has seen over the last decade.

offshore banking
Politicians are afraid of losing revenue, yet they continue to export revenue in wholesale fashion by allowing loopholes and abuses to continue. The declining economy has resulted in huge tax losses as well. Meanwhile, corporations and individuals of wealth send billions tax-free to offshore havens in the Cayman Islands, Switzerland and other various outlets because of lack of restrictions in doing so. President Obama said that he would consider a reduction in the corporate tax rate as long as it could be done without losing revenue. Concerns about the short-term loss of revenue is short-sighted at best. Further, a reduction in the corporate tax rate would have little, if any effect in reducing the offshoring of U.S. jobs from our nation. A process known as earnings stripping through “corporate inversions” is largely at fault.
Because of this fear along with any benefits that politicians can glean from the corporate world, multinational corporations send untold billions legally overseas as they manipulate open-ended tax law while exploiting the masses here and abroad. The nation has passed a financial crossroads. Further inaction will further erode the national economy while giving others more power in the name of “political revenue.” If politicians continue to delay, the exportation of the nation’s most valuable resources will render this economy incapable of recovering or restoring what is being lost in any sense. Bankers are part of the problem as much as part of the solution since they have as much to gain or to lose as multinational corporations. Will politicians do what is required to repair the systemic abuse? Only when the American electorate and citizens hold politicians accountable for the wholesale rape of our economy through poorly designed law, banking abuse and multinational profiteering can this country hope to be made whole. Politicians are betting that you aren’t smart enough to know the difference if they remember themselves. ~ E. Manning
Check out more details about job offshoring on TNTalk! at this link.
Anti-father and feminist sources indicate that in a nationally representative sample of 11-to-16-year-old children living with their mothers, almost half had not seen fathers in the last 12 months. Protagonists of the nation’s fathers indicate that the nation (United States) has seen an increased refusal of fathers to provide for their children, leading to high levels of poverty among single-mother families.
Even worse, the multi-billion dollar divorce industry is heavily funded by custody battles and government itself. Arguments over division of assets are a significant part of lawsuits. Lawsuits are also driven by fathers that insist on the right to see their kids while mothers try to limit the role of the father. Declining incomes of both mothers and fathers makes decent legal remedies more remote since the system by nature feeds on any residual incomes, further hurting children in a negative atmosphere of temporary insanity. In this economy, a large cross-section of Americans don’t have the income to fight much of anything, let alone deal with the basics. Those are the facts and resulting blight of the American Dream: court politics sustained by a broken system of misguided politics and government exploitation. ~ E. Manning
To much of the world, America is a beautiful and regal example of what the best of life and government and freedom represents. And our military might is widely acknowledged and respected as a tool of protection and cooperation going back for generations. However, prior to President Obama’s election, much of the world had become concerned, if not convinced, that America had abandoned them. America might be knowingly or unknowingly doing severe damage to the continuity of the global community. And in doing so, placing both herself and other nations in great danger. Greater dangers which included economic, military and social risk. The truth is, much of the world had become horrified, even mortified, at what we had seemed to become. The election of President proved they were wrong, but from where they, the rest of the world, sat at the time, it seems their concerns were justified.











Leon Walker

Rush Limbaugh: Talking Trash
October 17, 2009 by tntalk
Recently the Miami Dolphins were acquired by a group that included many celebrities from the world of sports and entertainment. They had the money and investors as they stepped up to be representatives and supporters of sport. They got the deal done without a hitch. The investors included Dwayne Wade of the Miami Heat, The Williams sisters of tennis fame and even entertainer Gloria Estephan (to name a few).
What I find most interesting, even modestly comforting, is the fact that the welcome mat was rolled up as Mr. Limbaugh sought to enter the elite class. That welcome mat was not rolled up because he did not have money. It was rolled up because the key players (no pun intended) in the deal and the league, view him as a low-life. To them, Limbaugh is a media mug . At the end of the day, the league and players did not want to be associated with his largess. Rush failed to make the class cut!
Without question, the NFL is not without problematic membership. Problematic leadership exists in Congress, the corporate business community in this country and the religious community. Americans are ill advised to seek out opportunities to pass judgment or celebrate the stumbles of individuals as they go through life. Why? Anyone can make a mistake. However, making a mistake or a slip of the tongue is one thing. Crafting a longstanding professional career and image for being insensitive, insulting or even hateful with a correspondingly loud mouth, is something altogether different.
This is an insightful and remarkable turn of events. As the debate continues about America and what her people want politically and, it is now clear that the masses and those within business, even the social elite, are not buying into what ol’ Rush is selling. The NFL is a multi-billion dollar industry that attracts or touches much of America through its regular season and certainly for the Super Bowl. The league owners and investors are an exclusive club of accomplished and wealthy business investors. The reach of this organization is massive with its image very closely monitored and guarded. I’m not seeing any tears of sorrow or any ground swell of resentment over the news of Rush’s ouster.
As a “Reality Radio Personality”, Mr. Limbaugh has now found himself firmly cemented within the ranks of those trash talking athletes, rappers, reality TV figures and others who have plenty of money, and substantial followings, but who are not accepted by the mainstream. Why? They lack culture, education, and principles while they cultivate images that are socially troubling. In this great country they are certainly permitted to do so. However, they will never have significant influence, or be accepted among the social or business elite because they are reckless and uncultured. In short, they have no class. To steal a phrase from Mr. Limbaugh: “There, I said it”. Whenever Rush decides to label anyone a “low life”, I can only consider what his now departed business group was saying to him is “it takes one to know one”.
More importantly, on a social scale, Limbaugh will remain exactly where he has now been told he belongs. ~ L. A. Walker
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