Showing posts from April 17, 2014

Walmart Worker: Why Did the Waltons Get $8 Billion in Subsidies While I Had to Pay Taxes?

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[Walmart workers deliver a message about spreading the wealth. *RON*]
By Alyssa FigueroaAlterNet, April 15, 2014

While millions of working- and middle-class Americans pay taxes each year, the richest family in the world—the Waltons—received nearly $8 billion in tax breaks last year, according to a new report by Americans for Tax Fairness, a campaign fighting for progressive tax reform.

That’s why Walmart worker Richard Reynoso and his fellow co-workers decided to bring the $7.8 billion tax bill to Walmart Chairman Rob Walton’s doorstep on Tuesday. Reynoso traveled from his home in Southern California to Phoenix, Arizona to bring this unfairness to light.

“We’re just trying to get him to hear us as workers that that kind of money — it shouldn’t just all go to him,” Reynoso said. “He should spread the wealth… and give back to the workers who are struggling.”

Follow the Money, Part 4 -- Who owns the National Post?

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[American hedge funds with a record of strong interfering with business management take large positions in the National Post. *RON*]

It's no secret that Postmedia Network, publisher of theNational Post, Ottawa Citizen, Montreal Gazette, Calgary Herald, Edmonton Journal,Vancouver Sun and other major Canadian dailies, is hemorrhaging money.

For the year ending August 2013, the company lost $154 million. And the bleeding continues. In the six months since, the company has lost an additional $37 million. Revenue from the company's traditional mainstay, print advertising, has tanked.

What isn't as well known is that during this downward spiral, Silver Point Capital, an American hedge fund, bought a 19 per cent stake in the company.

It joins Postmedia's largest shareholder, Golden Tree Asset Management, another American hedge fund. Golden Tree acquired its holding in Postmedia from the ashes of…

First Nations-led alternative to Enbridge Northern Gateway faces challenges

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["I've never even heard of the Eagle Spirit project until Monday, and suddenly, Eagle Spirit has First Nations' support?" This should prove to be interesting. Calvin Helin is a Conservative Aboriginal author - see his Dances With Dependency: Out of Poverty Through Self-Reliance - and, some would say, and anti-Aboriginal Aboriginal. *RON*]
Jenny Uechi, Vancouver Observer, Apr 17th, 2014
After Kitimat rejected the Enbridge Northern Gateway pipeline proposal on Saturday in a non-binding vote, Vancouver's billionaire Aquilini family and an First Nations-led energy company have stepped up with an $18-billion alternative pipeline project.

Eagle Spirit Energy Holdings and Aquilini Group said their pipeline would carry refined light crude -- not diluted bitumen -- from Alberta to Grassy Point, near Prince Rupert, rather than Kitimat. But while the Aquilini Group and Eagle Spirit say the project is backed by many of BC's 30 First…

Leaflet tells Jews to register in East Ukraine

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[Via my friend Harry. Interestingly, although the article makes it quite clear that the Jewish community did not consider these letters to be real (albeit noting that they are highly provocative), later news stories chose to downgrade the significance of the provocation itself with the the likes of the following story title, "Letter to Jews" which Kerry cited, appears to be fake.*RON*]

Oren Dorell, USA TODAY, April 17, 2014

World leaders and Jewish groups condemned a leaflet handed out in the eastern Ukrainian city of Donetsk in which Jews were told to "register" with the pro-Russian militants who have taken over a government office in an attempt to make Ukraine part of Russia, according to Ukrainian and Israeli media.

Jews emerging from a synagogue say they were handed leaflets that ordered the city's Jews to provide a list of property they own and pay a registration fee "or else have their citizenship revoked, face …