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Wednesday, August 15, 2018

Equipment Firms Air Fox Ads Hitting Trump On Infrastructure

Reprinted with permission from Shareblue.

 

Angered by Trump’s complete failure to pass the massive infrastructure spending bill he promised, companies that make construction equipment are targeting Trump directly — by buying ads on Fox News.

“The Association of Equipment Manufacturers is airing a 30-second ad starting Monday on ‘Fox and Friends’ and other programs Trump is known to watch,” Bloomberg reports. “It’s the cornerstone of a ‘Mission Not Accomplished’ campaign urging Washington to make upgrading public works a priority.”

By running ads on programs Trump is known to watch obsessively, manufacturers are making their message to Trump personal.…

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Trump’s ‘Infrastructure’ Plan Means More Military Waste

Reprinted with permission from Tomdispatch.

 

Other than shouting about building a wall on the U.S.-Mexico border, one of Donald Trump’s most frequently proclaimed promises on the 2016 campaign trail was the launching of a half-trillion-dollar plan to repair America’s crumbling infrastructure (employing large numbers of workers in the process). Eighteen months into his administration, no credible proposal for anything near that scale has been made. To the extent that the Trump administration has a plan at all for public investment, it involves pumping up Pentagon spending, not investing in roads, bridges, transportation, better Internet access, or other pressing needs of the civilian economy.…

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A Wall Street Sin Tax

Reprinted with permission from Creators.

 

The moneyed populace is adroit at getting Congress to shift America’s tax burden to workers, consumers, small businesses — anyone but them. Sen. Russell Long, the former chair of the finance committee, used to quote a little back-country ditty on this point: “Don’t tax me, don’t tax thee, tax that fellow behind the tree.”

Some extremely rich fellows who’ve been hiding behind the tree to avoid taxation for years are the global financial speculators engaged in the high-rolling, computer-driven, fast-buck, multi-trillion dollar, casino gambles that now define Wall Street. Unbeknownst to most people, the dominant investment banks today have been converted into casinos.…

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