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Why don't you people trust the corporations?

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-11-08 02:26 PM
Original message
Why don't you people trust the corporations?
Banks Plead They Can’t Follow Rules
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3134379
As the mortgage mess grows, we are learning more and more about just how sloppy things were in the mortgage-issuing business as loans were churned out, carved into securities and sold off.

“No one anticipated a day when potentially hundreds of thousands of residential mortgage loans would be modified,” said Alison Utermohlen, an official of the Mortgage Bankers Association who has led the effort to get the accounting rules relaxed.
___


Circuit City fires 3,400, will hire lower-paid workers (the same employees)
March 29, 2007
http://www.signonsandiego.com/news/business/20070329-9999-1n29circuit.html


Circuit City approves retention awards for top execs
Wed Dec 19, 2007 6:47pm EST
http://www.reuters.com/article/ousiv/idUSN1959866320071219

Major Circuit City shareholder sells nearly all its stock in company (10%)
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3134986&mesg_id=3134986

____

Blackwater Gassed US Soldiers
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=2652394
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-11-08 02:30 PM
Response to Original message
1. exactly
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XOKCowboy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-11-08 02:35 PM
Response to Original message
2. "No one anticipated" - Bush's real legacy
:puke:
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Parche Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-11-08 02:40 PM
Response to Original message
3. PFFFTTT
:hi:
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Richard Steele Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-11-08 02:41 PM
Response to Original message
4. I guess it's just my innate need to be contrary, y'know? K&R
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mother earth Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-11-08 02:42 PM
Response to Original message
5. K & R, because there are some
who think somehow that status quo and the reigning dynasties can or will fix this. Get your head out of the past and embrace change, support the man who's message is clear & on target about all of this. Understand the enemy and your choice is clear. Let's get back our checks & balances & regain OUR voice.

Edwards all the way!
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PleaseSayItAintSo Donating Member (131 posts) Send PM | Profile | Ignore Fri Jan-11-08 03:14 PM
Response to Reply #5
7. Edwards NH debate answer
I've been meaning to ask ... did anyone else notice that during the debate when Edwards was talking about corporations, he said "there are some good ones ... like AT&T".

He started to name some other "good" ones, but he was interrupted.

What's this about?
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mother earth Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-11-08 04:40 PM
Response to Reply #7
8. Probably relating to net neutrality? But no doubt that's for
another thread. Even "good" corporations are awaiting the results of the pres. race.
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PleaseSayItAintSo Donating Member (131 posts) Send PM | Profile | Ignore Fri Jan-11-08 05:54 PM
Response to Reply #8
9. Thx. I'll check that theory
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Kurovski Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-12-08 01:55 PM
Response to Reply #7
10. Edwards mentioned Costco as an example of a good corporation.
AT&T is a law-breaking piece of shit, willing to spy on Americans for The Bush/Cheney White House.

You've got it in the mix with the net nuetrality thing, and there again, AT&T will prove what shit they are.
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PleaseSayItAintSo Donating Member (131 posts) Send PM | Profile | Ignore Sat Jan-12-08 03:52 PM
Response to Reply #10
11. Sorry, but he mentions AT&T as a "good" co in transcript.
http://www.nytimes.com/2008/01/05/us/politics/05text-ddebate.html?pagewanted=all

<snip>

I believe -- and I believe it very strongly -- that there are entrenched special interests, very well-financed -- some examples are drug companies, insurance companies, oil companies, et cetera -- that stand between America and the change that we need. And I think if you defend the way the system works, it's very hard to take those people on.

I believe -- and it's -- (inaudible) -- these people; I'm 54 years old. I've been fighting these people, these irresponsible corporations. And there are good corporations in America, Charlie. I want to point that out. Good corporations, good employers: Costco; AT&T, for example, is now working to help unionize some of their offices and to bring jobs back. But I want to --

MR. GIBSON: We'll get to the commercials later.

MR. EDWARDS: No, let me -- let me finish this. I want to finish this.

The point is this. I think there are differences between us about how we fight for the future of the middle class. And I believe you have to be willing to take on these entrenched special interests. And I think if you're not willing to do it, it is impossible to bring about the change that the country needs.

<snip>
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Kurovski Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-12-08 03:58 PM
Response to Reply #11
12. That's right, I forgot about AT&T's attempt at some good PR.
Thank you.

Edwards has one thing wrong here, to be sure. AT&T as an "entity" considered a "person", is one hell of a lousy citizen.

I wonder if Edwards has any statement out about AT&T and its complicity in spying on American citizens? I don't recall a statement on that, either.
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PleaseSayItAintSo Donating Member (131 posts) Send PM | Profile | Ignore Sat Jan-12-08 04:15 PM
Response to Reply #12
13. That's what grabbed my attention.
I was shocked when I heard him utter those words.

I'm interested in his stance on warrantless wiretapping, too.
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Kurovski Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-12-08 04:26 PM
Response to Reply #13
14. From his official site:
"Protect Americans' Privacy and Freedom
Our government should protect the privacy, communications, and personal records of Americans—not spy on them without court supervision as the Bush Administration has done. Edwards will end the warrantless wiretapping of Americans' phone calls and e-mails and the data-mining of Americans' communications and personal records, restoring judicial review to surveillance of American citizens. He rejects retroactive immunity for telecommunications companies..."


http://www.johnedwards.com/issues/civil-liberties/index.html
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PleaseSayItAintSo Donating Member (131 posts) Send PM | Profile | Ignore Sat Jan-12-08 04:31 PM
Response to Reply #14
16. Thanks.
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-11-08 02:53 PM
Response to Original message
6. Ya but they employ so many people
and create so much wealth and something else Rush said.
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Wizard777 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-12-08 04:30 PM
Response to Original message
15. The exact same reason we didn't trust the plantations.
Edited on Sat Jan-12-08 04:31 PM by Wizard777
Some people got all the work others got all the money. We are well into wage slavery. Time for a civil war to put the corporations in their place.
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alfredo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-12-08 05:55 PM
Response to Original message
17. Kentucky American Water/RWE turns back a local ownership vote saying
condemnation is evil, were not for sale, and our rates would go up. Right after they won, they asked for a 17% rate increase, has moved to condemn farmland from Lexington to Frankfort, and has put the company up for sale.
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