Tag Archives: General Electric

Trump, Granting Lobbyist Demands, Quietly Handed Billions More in Tax Breaks to Huge Corporations: Report

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“Trump is the most corrupt president in history, and here’s the latest example of how that corruption helps giant corporations.”

By Jake Johnson, staff writer for Common Dreams. Published 12-30-2019

Treasury Secretary Steven Mnuchin and President Donald Trump at a Tax reform press briefing October 31, 2017. Screenshot: YouTube

A “disturbing” New York Times story published Monday detailed how President Donald Trump’s Treasury Department, led by former Goldman Sachs banker Steve Mnuchin, has quietly weakened elements of the 2017 tax law in recent months to make it even friendlier to wealthy

individuals and massive corporations.

Lobbyists representing some of the largest corporations in the world, the Times reported, targeted two provisions in the original 2017 law designed to bring in hundreds of billions of dollars in revenue from companies that had been dodging U.S. taxes by stashing profits overseas. Continue reading →

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China Leaves U.S. in Dust With $361 Billion Renewable Energy Investment

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World’s largest energy market looks to leave fossil fuels behind, while incoming Trump administration denies climate change and doubles down on dirty energy

By Nika Knight, staff writer for Common Dreams. Published 1-5-2017

China already has the world’s largest installation of wind turbines. (Photo: Sandia Labs/flickr/cc)

While climate activists in the U.S. mount a resistance to the incoming climate-change-denying Trump administration, on the other side of the Pacific, environmentalists have reason to celebrate: China on Thursday announced that it will invest $361 billion in renewable energy by 2020.

Reuters reports: Continue reading →

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Aspiring to Be a Mass Murderer? There’s a Scholarship for That

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By Darius Shahtahmasebi. Published 7-27-2016 by The Anti-Media

Stephen Schwarzman. Photo: YouTube

Stephen Schwarzman. Photo: YouTube

Aspiring mass murderers will be happy to learn they no longer have to waste time on the child’s play that is firing into an open crowd at the risk of receiving a bullet to the head. One can now apply for a scholarship to China to learn from the experts themselves.

Well, kind of.

The Schwarzman Scholars Program is a new master’s program at Tsinghua University, China that seeks to “educate students about leadership and about China’s expanding role in the world.” Continue reading →

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