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Showing posts with label Big Business. Show all posts
Showing posts with label Big Business. Show all posts

Sunday, September 8, 2013

Nothing left to lose

Posted on 6:15 PM by Unknown


This is criminal. Witness government sponsored predatory debt collection.
On the day Bennie Coleman lost his house, the day armed U.S. marshals came to his door and ordered him off the property, he slumped in a folding chair across the street and watched the vestiges of his 76 years hauled to the curb.

Movers carted out his easy chair, his clothes, his television. Next came the things that were closest to his heart: his Marine Corps medals and photographs of his dead wife, Martha. The duplex in Northeast Washington that Coleman bought with cash two decades earlier was emptied and shuttered. By sundown, he had nowhere to go.

All because he didn’t pay a $134 property tax bill.
But mostly because the government sold his city lien to an out-of-town debt collection company which proceeded to rack up a boatload of bogus fees and added it to his bill.
Coleman, struggling with dementia, was among those who lost a home. His debt had snowballed to $4,999 — 37 times the original tax bill. Not only did he lose his $197,000 house, but he also was stripped of the equity because tax lien purchasers are entitled to everything, trumping even mortgage companies.
Mr. Coleman is not alone.
Foreclosures have upended families in some of the city’s most distressed neighborhoods. Houses were taken from a housekeeper, a department store clerk, a seamstress and even the estates of dead people. The hardest hit: elderly homeowners, who were often sick or dying when tax lien purchasers seized their houses.

One 65-year-old flower shop owner lost his Northwest Washington home of 40 years after a company from Florida paid his back taxes — $1,025 — and then took the house through foreclosure while he was in hospice, dying of cancer. A 95-year-old church choir leader lost her family home to a Maryland investor over a tax debt of $44.79 while she was struggling with Alzheimer’s in a nursing home.
How did we reach the point where such vicious preying on the elderly and the weak is legal? These vultures shouldn't be in business, they should be in jail.
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Posted in Big Business, Broken Government | No comments

Saturday, July 6, 2013

Cult of irrationality

Posted on 6:30 AM by Unknown
Dear "serious" news channel: This is not helping:
On Friday, CNBC anchor Joe Kernen described climate science as a “bona fide cult” of “enviro socialists” in an interview with the former CEO of Shell Oil.
The two of them yukked it up over this "foolishness." The CEO laments we're "not dealing with the real problems." I assume by that he means, his profit margin is simply not obscenely high enough yet. He'll never get that gargantuan bonus without it.

It's not surprising CNBC would be in the pocket of BigBusiness but ye gods, they're working against their own self-interest when they promote denialism like this. It's irrational.
CNBC has long-misrepresented climate change to its viewers, including Larry Kudlow and Rick Santelli. In fact, a study from Media Matters found that over half of CNBC’s climate coverage miscasts the science.
Meanwhile, that "cult" of climate scientists may not have all the solutions, but 97% of them sure as hell have identified the problems. So what do these short-sighted idiots on CNBC expect to do with all the money they make on fomenting denialism? By the time they extract every last penny of value from ravaging the enviroment, the planet won't be habitable anymore. They'll have nowhere to spend it.
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Posted in Big Business, Big Oil, Climate Disruption, dangerous idiots | No comments

Sunday, May 5, 2013

Deep in the broken heart of Texas

Posted on 5:25 PM by Unknown


Looks like the residents of West, Texas won't recover damages from the explosion of the fertilizer plant.
The West Fertilizer Co., scene of an explosion last month that killed 15 people and injured 200, carried only $1 million in liability insurance.

Property damage alone in West could reach $100 million, according to the Insurance Council of Texas, an industry association. ...

Fertilizer facilities like the one in West are not required to have liability insurance that would compensate for damage they might cause, state insurance officials say, even if hazardous material is on hand.
Make that even if there hundreds of tons of hazardous and potentially explosive material on hand. The plant was storing 270 tons of ammonium nitrate. They were supposed to report anything over 400 pounds to DHS because it can be used to make bombs like McVeigh did in Oklahoma. They failed to report it.

Even more disturbing, they're are almost 7000 chemical facilities that pose a greater danger than the West fertilizer plant. The West facility wasn't even on the list because of their failure to report. And how is this possible, you ask?
Texas lawmakers have also recently sought to weaken the state environmental agency that oversaw the West plant and reduced its budget by $305 million. Governor Rick Perry (R) has also indicated that he isn’t interested in new safety regulations. Meanwhile, members have Congress have recently worked to advance a bill that would weaken the EPA’s powers to regulate major chemical plants.
West Fertilizer didn't make the chemicals. They're just a storage facility. A symptom of dereg, not the cause. The big money is the production. The real danger is coming from the manufacturers and their deep pocket lobbyists.
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Posted in Big Business, Broken Government, environment | No comments

Thursday, April 18, 2013

Exploding the myth of over-regulated industry

Posted on 12:49 PM by Unknown


By now you've heard about the horrible explosion at the fertilizer plant in Texas. We don't know what caused it yet, but deliberate sabotage is rarely the cause of these things. It's a pretty safe guess it had to do with shoddy plant maintenance and/or cheating on safety practices. Not that the company will ever admit to it. In fact, they assured the people of West, this couldn't possibly happen.
The fertilizer plant that exploded Wednesday night in West, Texas, reported to the Environmental Protection Agency and local public safety officials that it presented no risk of fire or explosion, documents show. [...]

[T]he report, reviewed Wednesday night by The Dallas Morning News, stated “no” under fire or explosive risks. The worst possible scenario, the report said, would be a 10-minute release of ammonia gas that would kill or injure no one.

The second worst possibility projected was a leak from a broken hose used to transfer the product, again causing no injuries.
The company claims to have "implemented proper safety rules," but who know if that's true. The plant hasn't been inspected in the last five years. And chances are if it hadn't blown up, it might never be inspected for decades:
The Occupational Safety and Health Administration (OSHA) is chronically understaffed, which means that a given plant like West Fertilizer can only expect to get a state inspection once every 67 years on average.
And of course, under the sequester cuts OSHA's funding will be slashed further. OSHA is one of the cons favorite punching bags. They love to talk about the stupid safety rules that interfere with the free market and corporate profits. We should just trust Big Business to police itself, because we can't afford to keep spending tax dollars to make sure they're not cutting corners on safety measures that might result in killing people. Besides, they need that money to pay off the politicians --er, I mean to create jobs -- you know.

Useful to remember when Republicans tell you they want to shrink government, they mean they are going to sell you out to the highest private bidder. [photo via Mother Jones]
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Posted in Big Business, deregulation, Public Safety | No comments
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      • Crackpot cons make their own reality
      • Washed out in Colorado
      • Not just Fox
      • Your moment of Zen
      • Republicans in disarray
      • Lazy crazy days of Summers
      • Living in hope, waiting for change
      • Your moment of Zen
      • Your moment of Zen
      • A system based almost entirely on fraud
      • Your moment of Zen
      • Remember the Raisin
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      • Everyone has their part to play in the kabuki
      • Nothing left to lose
      • Opening bell rings for 2016
      • Your moment of Zen
      • Holy Joe
      • Team Yellen
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      • Don't want to go to war no more
      • The GOP's greatest nightmare
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      • Purple Haze
      • The Divided States of America
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      • Shaming the poor - Updated
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      • Slow motion planetary suicide
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      • What's wrong with the media
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