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Finally, Integrity: Lawrence O'Donnell Criticizes His Network's Owner (GE) for Paying No Taxes

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  • Lawrence O'Donnell spent an entire segment criticizing his show's part-owner, General Electric, for paying no income taxes on over $5B of profits in 2010. Now, that is integrity writ-large.
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  • Lawrence rewrites GE's tax return
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  • G.E.’s Strategies Let It Avoid Taxes Altogether
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Paul Abrams, Huffington Post

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On his MSNBC program, The Last Word, Lawrence O'Donnell spent an entire segment criticizing his show's part-owner, General Electric, for paying no income taxes on over $5B of profits in 2010. He went even further by attacking the loopholes written into the tax code, many of them sponsored by GE's lobbyists, that allowed such an egregious outcome to have occurred. He railed at GE's stable of 975 tax lawyers and accountants, producing such a long and complicated tax return that the understaffed IRS could never mount an effective investigation.

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Now, that is integrity writ-large, for which O'Donnell should be recognized and applauded. It is rather pathetic that integrity has become such a rare commodity in our public discourse that it is now a special event, worthy of praise and recognition. But, O'Donnell has earned himself a place at the top of his profession for this.

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Lawrence rewrites GE's tax return, The Last Word

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Republicans have slashed benefits for workers, the poor, single moms and children while also slashing taxes for corporations. This year America's biggest corporation, General Electric (disclaimer: also part owner of NBCUniversal) paid nothing in income Tax. Zero. Zilch. Nada. MSNBC's Lawrence O'Donnell has the rewrite.

G.E.’s Strategies Let It Avoid Taxes Altogether, David Kocieniewski, New York Times | NY

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  • Since 2002, the company has eliminated a fifth of its work force in the United States while increasing overseas employment. In that time, G.E.’s accumulated offshore profits have risen to $92 billion from $15 billion...In January, President Obama named Jeffrey R. Immelt, General Electric’s chief executive, to head the President’s Council on Jobs and Competitiveness. “He understands what it takes for America to compete in the global economy,” Mr. Obama said...The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.
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  • March Madness for Corporate Tax Dodgers
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AT&T + T-Mobile = Train Wreck

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Sign and share this statement: AT&T’s takeover of T-Mobile is a disaster for all mobile phone users. It stifles choice and innovation in the market, and will lead to higher prices and fewer jobs nationwide.

Timothy Karr, FreePress.net

AT&T, the nation's second-largest mobile phone company, is pushing forward its plan to take over T-Mobile, the fourth-largest carrier.

This deal would form a communications colossus not seen since the monopoly days of Ma Bell. Two companies, AT&T and Verizon, would control close to 80 percent of the mobile market in America.

For the hundreds of millions of people who rely on handheld phones every day, that equation spells disaster.

Join Our Action. Stop this Train Wreck.

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Now, AT&T's PR machine is spinning like crazy to convince you that they've got your best interests at heart ... and that the Washington bureaucrats at the Department of Justice and FCC should rubber-stamp this merger.

Their spin doctors say that the "synergies" of the deal will lower prices, improve quality of service, and "expand America's workforce," providing thousands of new jobs.

This is bunk.

Name one merger in history that has resulted in more choices and lower prices for consumers. Name one merger that has actually created jobs for Americans and not resulted in more pink slips.

AT&T's takeover of T-Mobile would take away choice at a time when demand for mobile access is growing. And a lack of choice means higher prices for everyone. Free Press and our allies are determined to protect the public from this train wreck of a deal. Thousands of people need to act before Washington can cave in — once again — to industry.

Add your name now and urge your friends on Facebook and Twitter to join in.

The future of the Internet is mobile. Americans need more than two companies controlling our mobile phones.

Thank you for speaking out.

Related:

AT&T Takes America Back to the Future, Timothy Karr, Huffington Post
AT&T's plan to take over T-Mobile has set the stage for Washington's high-tech policy battle of 2011.

The National Conference for Media Reform is next month in Boston!

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This huge event will bring together thousands of media makers, journalists, policymakers, academics and activists to discuss how we can fix the media. Register now.

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On Islamist Terrorism, WSJ Entitled to Its Own Opinions--But Not Its Own Facts

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  • It's about time WSJ editors and the rest of the King hearing supporters (that includes you, Bill O'Reilly) stop unjustly demonizing American Muslims and present the facts.
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  • Rep. Peter King and the ghost of Sen. Joe McCarthy
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Julie Hollar, Fairness & Accuracy in Reporting (FAIR)

This article is made possible with the generous contributions of readers like you. Thank you!

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A recent Wall Street Journal editorial (3/11/11) defended the Peter King hearings on Islamist terrorism against "our friends on the left [who] are busy portraying them as the McCarthy hearings and Palmer Raids rolled into one."

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The editors argued that in fact, the focus on Muslims is justified based on the facts:

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Since 9/11, there have been more than 50 known cases, involving about 130 individuals, in which terrorist plots were hatched on American soil. These include plots to blow up the Brooklyn Bridge in New York, an office tower in Dallas, a federal court house in Illinois, the Washington, D.C. metro, and the trans-Alaska pipeline. Most of these schemes were foiled at an early stage, though the Times Square bomber failed only at the moment of ignition. The worst attack was Major Nidal Hasan's November 2009 murder of 13 soldiers at Fort Hood.

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Rep. Peter King and the ghost of Sen. Joe McCarthy, Dana Milbank, Washington Post | DC

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  • Recounting the spectable of U.S. Rep. Peter King's investigation into the loyalty of Muslim Americans in the hearing room once used by the House Un-American Activities Committee.
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  • Rep. Peter King's (R-NY) Hearings Part of a Long, Ignoble Tradition
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Time for a 'Debate' on Nuclear Power--Involving Mainly Nuke Industry Boosters

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Will the unfolding crisis in Japan lead to a debate over the safety of nuclear power in the United States? Initial signs are not encouraging.

Peter Hart, Fairness & Accuracy in Reporting (FAIR)

If you like reading this article, consider contributing a cuppa jove to Evergreene Digest--using the donation button above—so we can bring you more just like it.

NBC's Meet the Press (3/13/11) had an interview with Marvin Fertel of the Nuclear Energy Institute. Host Chuck Todd prefaced one question with, "I understand that you represent the industry's interests in this...."

Later on the show, Sen. Chuck Schumer (D.-N.Y.) was asked to weigh in--since he had been speaking out in favor of nuclear power, a position he doesn't appear to be abandoning:

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Well, we're going to have to see what happens here. Obviously, it's still, still things are happening.  But the bottom line is, we do have to free ourselves of independence from foreign oil.... So I'm still willing to look at nuclear. As I've always said, it has to be done safely and carefully.

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