WAL-MART: THE HIGH COST OF LOW PRICE is a feature length documentary that uncovers a retail giant’s assault on families and American values.
The film dives into the deeply personal stories and everyday lives of families and communities struggling to fight a goliath. A working mother is forced to turn to public assistance to provide healthcare for her two small children. A Missouri family loses its business after Wal-Mart is given over $2 million to open its doors down the road. A mayor struggles to equip his first responders after Wal-Mart pulls out and relocates just outside the city limits. A community in California unites, takes on the giant, and wins!
Producer/Director Robert Greenwald and Brave New Films take you on an extraordinary journey that will change the way you think, feel — and shop.
Most people assume that states use their state income taxes to fund school systems, pave roads, fund state parks, pay for prisons or even provide low income housing. After all, when you pay taxes you expect the state to you expect them to provide a public service. However the truth is a little more insidious.
Per The Christian Science Monitor, “an ever increasing amount of those tax dollars aren’t funding services; they aren’t even getting to the state capital. Sixteen states now allow corporations to withhold state income taxes from employees and keep the money as an incentive to locate to or remain in a state. That means that, in effect, employees pay personal income tax to their company rather than their state government. (The 16 states are: Colorado, Connecticut, Georgia, Illinois, Indiana, Kansas, Kentucky, Maine, Mississippi, Missouri, New Jersey, New Mexico, North Carolina, Ohio, South Carolina, and Utah.)
“A recent report from Good Jobs First entitled, “Paying Taxes to the Boss,” sheds light on how widespread this practice has grown. An estimated 2,700 companies now take advantage of this welfare system, fueling an economic war between states that costs employees an estimated $700 million a year in diverted tax income, the report concludes. Those who profit include corporate giants like Sears, Goldman Sachs, and General Electric.
“Illinois offers a special tax incentive that can divert up to 100 percent of withheld taxes into subsidies to encourage companies to locate or expand operations in Illinois when the companies are actively considering a competing location in another state.
“New Jersey’s Business Employment Incentive Program (BEIP) is among the most costly of these programs, with new grants totaling more than $73 million. Ohio and Kentucky top the list of states for the number of companies they subsidize through employee personal income tax withholding.
“The practice has been around for more than a decade, and it’s continuing steadily – with six of the 22 programs identified nationwide enacted since 2009 – according to Good Jobs First, a policy resource center that focuses on economic development and “smart growth.”
“Most corporate tax incentives are simply bad policy, representing an attempt at social engineering our already patchwork tax code. For one thing, businesses don’t make investment decisions based solely on state tax burdens. For another, tax loopholes enable the savviest companies to live tax-free.
“Since money is fungible, some claim it doesn’t matter whether this corporate welfare comes from corporate taxes or personal income taxes. The states are out $700 million in either case. But it does and should matter.
“The personal income tax is a covenant between the citizen and the state. For the executives and shareholders to retain those tax dollars violates that covenant. Employee-funded corporate tax incentives reduce the amount of tax dollars available for vital social services like schools and law enforcement.”
This type of action amounts to fraud, and unfair highly destructive business practices, employees assume that they are paying for a state service, but instead watch as state budgets get smaller and they get less service, then TV tell them it’s because of Welfare, however they fail to mention that they companies they buy their goods at everyday are the ones on Welfare robbing the state blind.
Secondly it gives these large companies who already have huge advantage an unbeatable one. They can use the money given to them by the state to drop their prices below any local small business and drive them out of business. Then once the competition is gone they can raise their prices and reap in huge profits, which go right into the hands of the CEO and stock holders.
These states are damaging their own economies and will bring about their own ruin if this practice is not ceased.
Including in this video are some very fascinating facts about 911 that most people are completely unaware of, or have heard but don’t remember. No matter your view on this subject it is highly recommended that you watch 911 and the Cover Up.
This video provides a chronology of World Trade Center owner, Larry Silverstein’s day on September 11th, 2001. The only question that remains unanswered about Larry’s day, is why he was so lucky. Firstly, he managed to avoid being killed in the attacks due to a fortunate appointment with a dermatologist. The events of 9/11 also provided an easy solution to the costly and cumbersome problem of how to deal with the illegal asbestos that covered every steel beam in the twin towers. 9/11 also solved Silverstein’s problem of finding new tenants to occupy the trade center buildings. And on top of that, Silverstein gained a multi-billion dollar payout from an insurance policy he took out just 6 weeks before 9/11. Considering all of these fortunate coincidences, it is strange that Silverstein has not even been questioned by the police.
The Corporation is today’s dominant institution, creating great wealth but also great harm. This 26 award-winning documentary examines the nature, evolution, impacts and future of the modern business corporation and the increasing role it plays in society and our everyday lives.
The first part of a brilliant documentary shown on the BBC and by Adam Curtis who has created many interesting and informative documentaries over the years.
This documentary brilliant explains the political and ideological roots of the problems we are facing today in both the US and Europe as well as in the Middle East.
In 1996, in a documentary called The Money Masters, we asked the question why is America going broke. It wasn’t clear then that we were, but it is today. Now the question is how can we get out of this mess. Foreclosures are everywhere, unemployment is skyrocketing – and this is only the beginning. America’s economy is on a long, slippery slope from here on. The bubble ride of debt has come to an end.
What can government do? The sad answer is – under the current monetary system – nothing. It’s not going to get better until the root of the problem is understood and addressed. There isn’t enough stimulus money in the entire world to get us out of this hole. Why? Debt. The national debt is just like our consumer debt – it’s the interest that’s killing us.
Though most people don’t realize it the government can’t just issue it’s own money anymore. It used to be that way. The King could just issue stuff called money. Abraham Lincoln did it to win the Civil War. No, today, in our crazy money system, the government has to borrow our money into existence and then pay interest on it. That’s why they call it the National Debt. All our money is created out of debt. Politicians who focus on reducing the National Debt as an answer probably don’t know what the National Debt really is. To reduce the National Debt would be to reduce our money – and there’s already too little of that.
The economy of the U.S. is in a deflationary spiral. Nothing can stop it — except monetary reform.
- No more national debt. Nations should not be allowed to borrow. If they want to spend, they have to take the political heat right away by taxing.
- No more fractional reserve lending. Banks can only lend money they actually have.
- Gold money is NOT the answer. Historically gold ALWAYS works against a thriving middle class and ALWAYS works to create a plutocracy.
- The total quantity of money + credit in a national system must be fixed, varying only with the population.
Watch the full documentary now
Secret History of the International Bond Market. The history of the Rothschilds and how they controlled banking since the 1700s. They where indispensable to politicians who wanted to finance their campaigns.
Are they still in control to this day? Or is that just a conspiracy theory?
Apparently rapper Lowkey, has quit rap, and here he tells about how his home was raided. One is left to speculate why he quite rapping considering he was at the hight of his career, was he coerced to do so?
His twitter account seems to be down to.
Anyone anyone has wold be helpful.