Corporate Welfare | Always Question Authority

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Hanauer, one of the first nonfamily investors in Amazon.com, shared this argument as part of a talk he gave at the TED University conference. Now, the organizers of TED — a movement aimed at bringing attention to “ideas worth spreading” — is refusing to share Hanauer’s talk on the internet, calling it too “political,” according to the National Journal.

Chris Anderson, the curator of TED, wrote in a post on his website responding to the allegations that the organization is inundated with requests to post talks on its homepage and only features those that are “truly special.” Anderson also claimed that once Hanauer found out the site would’t be posting his talk, he hired a public relations firm to promote the talk to progressive organizations like MoveOn.org. Anderson also released a video of Hanauer’s talk, providing a link to it in his post.

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This post is dedicated to our true unsung heroines and heros, Librarians.

Across the United States more than 2,700 companies are collecting state income taxes from hundreds of thousands of workers – and are keeping the money with the states’ approval, says an eye-opening report published on Thursday.

The report from Good Jobs First, a nonprofit taxpayer watchdog organization funded by Ford, Surdna and other major foundations, identifies 16 states that let companies divert some or all of the state income taxes deducted from workers’ paychecks. None of the states requires notifying the workers, whose withholdings are treated as taxes they paid.

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CORPORATE SOCIALISM

Deals cut with the states over the past two decades diverted $5.5 billion from public purposes to private gain, the report says. Close to $700 million more was diverted last year, Good Jobs First estimates.

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These deals typify corporate socialism, in which business gains are privatized and costs socialized. They also mean government picks winners and losers, interfering with competitive markets. Leaders in both parties embrace these giveaways because they draw campaign donations from corporate interests and votes from people who do not understand that they are subsidizing huge companies.

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