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Latest Featured Reports | Thursday, April 5, 2012
Who's 'Remaking' YOUR Ballot?
Voted paper ballots too large to fit in op-scanners 'remade' by election officials, behind close doors, in WI, IL and beyond...
'CLASS' WARFARE: Santa Monica Students Pepper Sprayed
Campus cops use chemicals on students trying to voice opinion about 400% tuition increases at Board of Trustees meeting...
43 WI Republicans Took Inappropriate Lobbying Gifts from ALEC: Complaint
Center for Media and Democracy alleges unreported 'scholarships' from corporate lobby group violates law. Secret meetings do too...
w/ Brad & Desi
TODAY: Biden slams GOP attacks on clean energy; Trying to save the disappearing Maldives; FDA okays BPA; Pesticides killing the bees?; PLUS: Fox 'News' debunks itself!...
Previous GNRs: 3/29/12 - 3/27/12 - Archives...
HAND-COUNT CORRECTS COMPUTER ELECTION RESULTS FLIPPED IN FL
Actual winners of March 13th Palm Beach races finally determined, but same failed computer vote tabulators used in 14 states...
COMPUTER DECLARES WRONG 'WINNERS' IN FL
Several incorrect candidates were reported to have won Palm Beach County, FL elections after Dominion/Sequoia op-scan system mistallied paper ballot results...
Super-PACS to 'Suppress the Vote!'
Ominous NY Times op-ed warns unaccountable Super-PACs likely to be a powerful Republican tool to disenfranchise voters this year...
TODAY: Another big win for Big Oil; Another offshore leak; Another U.N. warning; Another study shows Right hates science; PLUS: Poo Power! Icky to awesome...
GOP's 'War for WI' & Battle Against Voters
The BRAD BLOG's legal ace Ernie Canning explains it all for you...in a new interview by Joan Brunwasser at OpEdNews...
'HAND-COUNTS ONLY' FOR NY COUNTY
Bi-partisan election commission in Columbia County, NY refuses op-scanners, say hand-counted paper ballots only way to assure accuracy...
ONLINE ELECTION ATTACKED
A 10,000 computer cyber-attack hobbled a Canadian election over the weekend. Other than that, Internet voting is a great idea!...
THE BRAD BLOG'S RECOMMENDED #OWS 'DEMAND'
All citizens 18+ get to vote. Period. And on hand-counted paper ballots...
VIDEO: 'Rise of the Tea Bags'
Brad interviews American patriots...
'Democracy's Gold Standard'
Hand-marked, hand-counted ballots...
Brad's Upcoming Appearances
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The Secret Koch Brothers Tapes...
U.S. Chamber of Commerce 'Terror Tools' Spy Plot...
Wisconsin 2011 Supreme Court Election Debacle...
It Isn't Journalism: Woeful MSM Coverage of Wisconsin's Supreme Court Election 'Recount'
Corporate media fails to tell story of massive irregularities, e-vote failures...
Japan Quake/Tsunami/Nuke Emergency...
6/4/11: Fukushima Radiation at Highest Level Since Crisis Began
Germany announces plan to dismantle all nukes by 2022...
5/12/11: TEPCO Admits Unit 1 Reactor 'Meltdown', Fuel Rods Exposed
Radiation believed leaking through hole in bottom of containment vessel...
3/30/11: AUDIO: Brad on KPFK w/ Fukushima News and More...
Joined by the lovely Desi Doyen of the Green News Report...
3/29/11: 'Maximum Alert': Crisis Continues, TEPCO Prez Hospitalized
PLUS: A glimpse at living conditions for the heroic plant workers...
3/29/11: 'Green News Report' - Special Coverage: Japan Fallout
Fukushima's nuke disaster leads to political shift in Germany; Congressional concerns about US nuke evacuation plans...
3/27/11: TEPCO 'Very Sorry': Radiation Spikes, Work Remains Perilous
Plant operator apologizes, again; AP reports they 'all but disregarded 3,000 years of geological history' in designing safe-guards'...
3/25/11: 'Grave And Serious': More Comparison to Chernobyl Levels
Rupture feared; Workers contaminated; New evacs 'recommended'...
PLUS: German study uses French data to corroborate findings from Austrian, U.S. scientists, suggesting Fukushima disaster should be reclassified as 'level 7' accident, on par with Chernobyl...
3/25/11: Brad on 'Randi Rhodes Show' on Disaster, US 'Fallout'
Breaking developments and speculation on the supposed 'nuclear renaissance' previously scheduled for the US...
3/24/11: 'Step at a Time & a Few More Steps': Disturbing New Science
Stabilization continues, as new data suggests 50% of radioactive cesium released by Chernobyl already released by Daiichi's reactors...
3/24/11: 'Green News Report'- Special Coverage: Japan Disaster
Death toll rising; Tap water warning lifted in Tokyo, spreading elsewhere; Radiation hospitalizes workers; Support for nukes drops in US; PLUS: Struggling to maintaining tradition amidst disaster...
3/23/11: Brad's KPFK Intvw w/ VOA's Steve Herman in Tokyo
'Neutron beams', water 'panic', black smoke and the public responses from TEPCO, the government and the people of Japan, LIVE from Tokyo...
3/23/11: Setbacks: Black Smoke, Evacuations, Tokyo Tap Water
'Panic' reported as stores run dry of bottled water after government says iodine in metropolitan water unsafe for infants...
3/22/11: 'Razor-Thin Margins', Positive Progress at Fukushima
Control room re-opened as some power returns, workers attempt to restore cooling systems; U.S. NRC offers mixed signals...
3/22/11: 'Green News Report' - Special Coverage: Nuclear Crisis
Fukushima on edge; Japan's wind farms to the rescue; New US nuke reviews; PLUS: Oil slick in the Gulf of Mexico...
3/20/11: 'Closer to Bringing Situation Under Control': Sun & Mon
Stabilization precarious; UPDATED: Gray smoke forces evacuation...
3/19/11: Some Reactors 'Stabilized' as War Breaks Out Elsewhere
PLUS: Radiation detected in food, water; New Gulf oil slick discovered; War protesters arrested; Slow news week continues...
3/18/11: 'Renewed Nuclear Chain Reaction Feared': Friday Fukushima
Spent fuel rod danger; Fallout detected in S. California; Wind 'saving Japan's ass'; Coulter: Radiation 'good for you'; PM's office tweets...
3/17/11: Brad Interviews Palast: TEPCO Plans for New Nukes in TX
Govt fraud investigator on "bankrupt, corrupt, criminal" nuke companies...
3/17/11: 'Green News Report' - Special Coverage: Crisis in Japan
Compounding natural, humanitarian and spiraling nuclear disasters - desperate measures to hold off a nightmare...
3/17/11: VIDEO: Close-up Aerial Footage of Crippled Plant
TEPCO offers most detailed view yet of ravaged Fukushima reactors...
3/16/11: Desperation: Helicopters Drop Water On Hot Nuke Reactors
Def Minister: 'We could not delay further'; Four risky drops on Unit 3; Water said in Unit 4 fuel pool; Water cannon trucks next | VIDEO...
3/16/11: Dozens of Countries, Not U.S., Tell Citizens to Leave Tokyo
UK, Germany, France more worried than us. Who ya gonna believe?...
3/15/11: SMOKE BILLOWS FROM FUKUSHIMA'S REACTOR 3
Workers evacuated as radiation levels rose quickly; Govt's chief spokesperson says smoke believed to be radioactive steam...
3/15/11: 'Green News Report': Japan on Brink of Nuclear Disaster
Natural, humanitarian and now man-made disaster, as 50 nuclear plant workers stand in the way of nuclear meltdown...
3/14/11: PM: RADIATION DANGER, EVACS WIDENED, 'STAY CALM'
Explosions at Reactors 2 & 4; Fuels Rods at Unit 2 'Half Exposed';
All but 50 workers evacuated from plant...
3/13/11: EXPLOSION AT FUKUSHIMA'S NUKE REACTOR UNIT 3
U.S. 7th Fleet repositioned after exposure to radioactive cloud
Sunday live blogging 2nd EXPLOSION at Fukushima...
3/13/11: VIDEO: From Within the Tsunami, a Town Engulfed
Watch as a town disappears in minutes...
3/12/11: EXPLOSION ROCKS FUKUSHIMA NUKE REACTOR UNIT 1
Cooling System Fails at Unit 3 | Govt: 'Partial Meltdown' Under Way Saturday day, night live blog following 1st EXPLOSION at Fukushima...
3/11/11: NUCLEAR EMERGENCIES AT 5 REACTORS
Friday day, night live blog until EXPLOSION at Fukushima reactor...
3/11/11: 'Big Government Tyranny' Saved Countless Lives
Strict building codes in Japan likely impossible now here...
3/11/11: 8.9 QUAKE, TSUNAMI STRIKES JAPAN - VIDEO
Unprecedented disaster strikes, towns washed away in seconds...
WikiLeaks / Julian Assange...
More Special Coverages Pages...
November 30th, 2010


[Now UPDATED with audio archives from today's show]

Our friend Harrison had a family emergency, so the folks at KPFK (the Pacifica Radio outlet in Los Angles, San Diego and Santa Barbara) have asked me to fill in for him today and tomorrow from 3p - 4p PT (6p - 7p PT).

We'll be discussing, among other things, the WikiLeaks disclosures, and the extraordinary campaign against both the organization itself and its founder Julian Assange. Talk about blaming the messenger.

I wrote about it all a bit over the weekend, quoting from both legendary "Pentagon Papers" whistleblower Daniel Ellsberg as well as John F. Kennedy. And by way of heads up, Ellsberg will be joining me to discuss the entire situation on tomorrow's show!

KPFK is heard on air at 90.7 FM in L.A., on 98.7 FM in Santa Barbara, on 93.7FM in San Diego and coast-to-coast and around the globe via KPFK.org where there are more live streaming options for ya. The call-in number is: 310-737-TALK.

* * *

POST-SHOW UPDATE: The audio archive of today's show follows. We discussed the WikiLeaks, the attacks on the organization, JFK's 1961 thoughts on "secrecy", plus election fraud in Alaska, the "Tea Party's" assault on democracy, Obama's horrific negotiating skills and much more. It's a lively commercial-free hour that I hope you enjoy...

Download MP3, or listen online right here...

Tomorrow: We'll be joined live by Dan Ellsberg! Please tune in for that interview!

By Brad Friedman on 11/30/2010 2:05pm PT  



Via ThinkProgress...

Every week, the Tea Party Nation hosts a weekly radio program, calling itself a “home for conservatives.” Two weeks ago, Tea Party Nation President Judson Phillips hosted the program and discussed changes that he felt should be made to voting rights in the United States. He explained that the founders of the country originally put “certain restrictions on who gets the right to vote.” He continued, “One of those was you had to be a property owner. And that makes a lot of sense, because if you’re a property owner you actually have a vested stake in the community. If you’re not a property owner, you know, I’m sorry but property owners have a little bit more of a vested interest in the community than non-property owners”

Astounding. This is now where we are. Beyond that, no comment necessary.

But if you'd like some, see ThinkProgress, for some historical context, as well as the audio clip from the program.

By Brad Friedman on 11/30/2010 1:35pm PT  



With Brad Friedman & Desi Doyen...


TWITTER: @GreenNewsReport
VIA SMART PHONE: Stitcher Radio!

IN TODAY'S RADIO REPORT: After failure in Copenhagen, the next climate summit begins in Cancun, Mexico; Bye-bye Bluefin Tuna (Sorry, Charlie!)... PLUS: The Earth, now in 3D ... All that and more in today's Green News Report!

Listen online here, or Download MP3 (6 mins)...

Link:
Embed:

Got comments, tips, love letters, hate mail? Drop us a line at GreenNews@BradBlog.com or right here at the comments link below. All GNRs are always archived at GreenNews.BradBlog.com.

IN 'GREEN NEWS EXTRA' (see links below): Greenpeace Sues Chemical and PR Firms for "Unlawful" Spying; Study Warns GMO Salmon pose serious risks to society; For EPA regulations, benefits consistently exceed costs; Accusations of Plagiarism Mount Over GOP's 2006 Climate Skeptic "Wegman Report"; Pittsburgh Bans Natural Gas Drilling; States Diverting Money From Climate Initiative ... PLUS: 8 Electric-Car Myths Busted ....

--- Click here for REST OF STORY!... ---

By DES on 11/30/2010 1:10pm PT  


November 29th, 2010


[For more on the above, in case you missed the remarkable news as Thanksgiving struck, despite one of the deepest recessions in the history of this nation, corporate profits are now at an all-time high.]

By Brad Friedman on 11/29/2010 2:40pm PT  


November 28th, 2010


JFK '61: 'Word 'secrecy' is repugnant in a free and open society'
Ellsberg '08: 'Most covert ops deserve to be disclosed by free press'

Some 250,000 classified cables and embassy dispatches from the State Department are being released today via WikiLeaks latest, and reportedly largest, document dump ever. Within the last hour, news reports based on those documents have begun to be published by various world media outlets that are said to have been given advanced access.

[Update: Browse all of the documents now via WikiLeaks' "CableGate" database.]

Among the very first revelations to emerge, as quickly highlighted on Twitter via search hashtags #WikiLeaks and #CableGate this morning, are details on the U.S. having pleaded with Germany in 2007 to not prosecute CIA operatives who kidnapped and tortured a terror suspect, Yemeni officials covering up U.S. drone strikes in their country, Saudi officials encouraging U.S. to take attack Iran, the U.S. spying on UN diplomats, as well as various, potentially embarrassing State Department assessments of allied world leaders. There will be much more to come.

You can review more of the coverage yourself at the UK Guardian, the New York Times, German's Der Spiegel, and Israel's Haaretz among many others to emerge over the next several hours and, indeed, days. The Nation's Greg Mitchell is live blogging the release, and rounding up many of the key links.

As this information becomes public, and as the U.S. Government continues to scramble to mitigate what the White House is calling today a "reckless and dangerous" leak, condemning it "in the strongest terms" as an alleged threat to national security, it's worth keeping in mind, for valuable perspective, what the 1970s legendary "Pentagon Papers" whistleblower Daniel Ellsberg wrote in an op/ed for The BRAD BLOG in early 2008...

Many, if not most, covert operations deserve to be disclosed by a free press. They are often covert not only because they are illegal but because they are wildly ill-conceived and reckless. "Sensitive" and "covert" are often synonyms for "half-assed," "idiotic," and "dangerous to national security," as well as "criminal."

As well, John F. Kennedy's April 1961 speech on what he described as this nation's abhorrence of secrecy, and the necessity of a free press --- as delivered to the American Newspaper Publishers Association at the Waldorf-Astoria Hotel in New York a year or so before his death --- is rather astonishing, and more than a bit ironic, in light of today's leaks and, as directly, the actions of the Executive Branch and its enablers in this country --- in Congress, in the mainstream media and in the public --- over the past dark decade. JFK's remarks include these thoughts among others that must be heard or read...

The very word "secrecy" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweighed the dangers which are cited to justify it.
...
And there is very grave danger that an announced need for increased security will be seized upon by those anxious to expand its meaning to the very limits of official censorship and concealment.
...
And no official of my Administration, whether his rank is high or low, civilian or military, should interpret my words here tonight as an excuse to censor the news, to stifle dissent, to cover up our mistakes or to withhold from the press and the public the facts they deserve to know.
...
No President should fear public scrutiny of his program. For from that scrutiny comes understanding; and from that understanding comes support or opposition. And both are necessary.

Here is a five minute or so excerpt from that speech (the full 19-minute version, and complete text transcript are both posted here)...


Please read on for both a transcript of the above video excerpt, and one or two more quick, but noteworthy, thoughts on it thereafter...

--- Click here for REST OF STORY!... ---

By Brad Friedman on 11/28/2010 1:39pm PT  


November 26th, 2010


Tonight: David Swanson & War & Lies & WikiLeaks & More...
[Now UPDATED with audio archives!]

Hang on to your black Friday dollars by listening to free talk radio tonight on the peoples' airwaves(!), as I finish out the week as guest-host on nationally syndicated Mike Malloy Show.

We're BradCasting LIVE again tonight from L.A.'s KTLK am1150 9pm-Midnight ET (6p-9p PT). Join us by tuning in, chatting in, Tweeting in and calling in! The LIVE chat room will be up and rolling right here at The BRAD BLOG during the show as ever, so come on by while you're listening! (The Chat Room will open at the bottom of this item a few minutes before airtime, see down below, just above "Comments" section.)

Scheduled for tonight's show...

  • DAVID SWANSON, Activist and author of the newly-released, provocative best-seller War is a Lie on wars and lies, of course, (and there seem to be a whole lot of both lately!)
  • PLUS: Speaking of war, the drums are beating in the Koreas and (naturally) towards Iran again. Plus WikiLeaks, Presidential fat lips, media lies and more, plus your calls at 877-520-1150 and tweets to @TheBradBlog!...

The Mike Malloy Show is nationally syndicated on air affiliates around the country and also on Sirius Ch. 146 & XM Ch. 167. You may also listen online to the free LIVE audio stream at affiliate GREEN 960 in San Francisco or via MikeMalloy.com.

* * *

Click here to jump into our LIVE Chat Room during the show. Or just see below!...

* * *

POST-SHOW UPDATE: Wow. Turned out to be a pretty dark show. That's what happens with war, war, lies, war and lies. And Nazis. I guess. Lots of controversy too. Dig in. Commercial free audio archives are below (and the chat room archive is below them.) Thanks again to Mike and Kathy for allowing me to sit in this week, they'll be back on Monday!...

--- Click here for REST OF STORY!... ---

By Brad Friedman on 11/26/2010 3:12pm PT  


November 25th, 2010


Happy Thanksgiving!
From all of us here at The BRAD BLOG.

Because it could be worse.

[Hat-tip for the photo to @shannynmoore and @markjholmes]

By Brad Friedman on 11/25/2010 1:26pm PT  


November 24th, 2010


Tonight: DELAY GUILTY! Plus: Andy Worthington, Susan Pynchon, Derek Brett...
LIVE! 9p-Mid ET (6p-9p PT), Call-in#: 877-520-1150

Another big show tonight as I guest-host the nationally syndicated Mike Malloy Show this week. (Note: We're off tomorrow, but back on Friday!)

We'll be BradCasting again LIVE tonight from L.A.'s KTLK am1150 9pm-Midnight ET (6p-9p PT). Please join us by tuning in, chatting in, Tweeting in and calling in! The LIVE chat room will be up and rolling right here at The BRAD BLOG during the show as ever, so come on by while you're listening! (The Chat Room will open at the bottom of this item a few minutes before airtime, see down below, just above "Comments" section.)

So far scheduled for tonight's show...

The Mike Malloy Show is nationally syndicated on air affiliates around the country and also on Sirius Ch. 146 & XM Ch. 167. You may also listen online to the free LIVE audio stream at affiliate GREEN 960 in San Francisco or via MikeMalloy.com.

* * *

Click here to jump into our LIVE Chat Room during the show. Or just see below!...

* * *

POST-SHOW UPDATE: Commercial free audio archives are below (and the chat room archive is below them.) Lots of interest stuff tonight, some great calls, and plenty to be thankful for...somehow...including my thanks to Mike and Kathy for allowing me to fill in. My favorite call tonight: Curtis in the third hour. Mike is back tomorrow with a Thanksgiving "Best Of" and then I'll be back again Friday night! See ya then! Happy holidays and enjoy the archives until then...

--- Click here for REST OF STORY!... ---

By Brad Friedman on 11/24/2010 4:30pm PT  



Texas puts the hammer down. Tom DeLay found guilty on all counts. Breaking from Austin Statesman...

Tom DeLay, the former U.S. House majority leader whose name became synonymous with the Republicans' controversial rise to power in the Texas House, was found guilty today of laundering money in connection with the 2002 elections.
...
DeLay was charged with money laundering and conspiracy to commit money. He faces a possible sentence of 5-99 years in prison and a maximum $10,000 fine on the money laundering charge, and 2-20 years in prison and a possible $10,000 fine on the conspiracy charge.

Prosecutors earlier said they believe the DeLay case is the first such criminal charge ever filed over Texas' century-old prohibition on corporate contributions in state political races.

Delay, a Republican who was nicknamed "The Hammer" because of his heavy-handed style, was accused of conspiring to funnel $190,000 of corporate money through the Republican National Committee, which sent $190,000 in campaign donations to seven GOP candidates for the Texas House.

State law prohibits corporations from giving donations to candidates directly or indirectly.

By Brad Friedman on 11/24/2010 3:14pm PT  



Via Politics Daily...

The state's canvassing board Tuesday ordered that all 2.1 million ballots cast in the gubernatorial election be counted again --- by hand.

The Minneapolis Star Tribune reported that the board accepted a report by the Minnesota Secretary of State that found Democrat Mark Dayton leading Republican Tom Emmer by just 8,770 votes. Because the difference is less than one-half of one percentage point, it automatically triggers a recount.

The recount is slated to begin Monday in each of the state's 87 counties and should be finished by Dec. 7. Then the canvassing board will review any challenged ballots and certify a winner on Dec. 14.

Good for Minnesota! Great to see that somebody in this nation still believes in actually counting ballots in a democracy!

Short of counting them publicly, by hand, at the polling place, on election night, in front of everyone, including video cameras, with results posted at the precinct before ballots are moved anywhere, MN has previously shown itself to have one of the best, most transparent sets of procedures in the country for publicly hand counting all of their paper ballots (all of their ballots are paper ballots, thankfully.)

They do all of the above in close races which trigger hand counts. By necessity, they happen at central locations instead of at the precincts, obviously, so questions of chain of custody can still arise to introduce doubt into the process. From what I can tell, however, as based on the superb Franken/Coleman '08 U.S. Senate hand count, their chain of custody procedures are also very good and so the entire process is about as open and transparent as could be asked for in such a case.

For that, the state also owes no small debt of gratitude to Sec. of State Mark Ritchie for his expert, transparent, non-partisan work in overseeing such counts --- at least if the last big one was any indication --- in such a way that when they're over, the winner and their supporters know they've really won, and the loser and all but their most dishonestly misinformed supporters know they've lost. That's what democracy is supposed to be about it. In Minnesota, happily, it still is.

* * *
Please support The BRAD BLOG's fiercely independent, award-winning coverage of your electoral system, as available from no other media outlet in the nation, with a donation to help us keep going (Snail mail, more options here). If you like, we'll send you some great, award-winning election integrity documentary films in return! Details right here...

By Brad Friedman on 11/24/2010 12:40pm PT  


November 23rd, 2010


Tonight: OH Sec. of State Jennifer Brunner & Timothy Karr...
[Now UPDATED with UNCENSORED audio archives!]

I hope you'll join me as I guest-host the nationally syndicated Mike Malloy Show again for a few days this week. I'll be on duty tonight (Tuesday), as well as Wednesday & Friday.

We'll be BradCasting LIVE from L.A.'s KTLK am1150 9pm-Midnight ET (6p-9p PT) as usual. Please join us by tuning in, chatting in, Tweeting in and calling in! The LIVE chat room will be up and rolling right here at The BRAD BLOG during the show as ever, so come on by while you're listening! (The Chat Room will open at the bottom of this item a few minutes before airtime, see down below, just above "Comments" section.)

So far scheduled for tonight's show...

  • OH SEC OF STATE JENNIFER BRUNNER. Now that Ohio has again elected a Republican Governor and Sec. of State, will the 2012 Presidential Election look like the 2004 disaster in the Buckeye State? We'll talk about that and much more with the state's outgoing Democratic SoS.
  • TIMOTHY KARR of FreePress.net and MediaCitizen joins us to discuss the uncertain future for Net Neutrality and, oh, whatever became of that whole Fairness Doctrine thing, and that horrific Telecommunications Act that is now destroying the country?
  • PLUS: A whole whole bunch more from today's news, your calls at 877-520-1150 and tweets to @TheBradBlog!...

The Mike Malloy Show is nationally syndicated on air affiliates around the country and also on Sirius Ch. 146 & XM Ch. 167. You may also listen online to the free LIVE audio stream at affiliate GREEN 960 in San Francisco or via MikeMalloy.com.

* * *

Click here to jump into our LIVE Chat Room during the show. Or just see below!...

* * *

POST-SHOW UPDATE: Fighting with a cold all night, I think we still had a helluva good show! But you'll tell me. The commercial-free --- and yes, UNCENSORED! Hear what got dumped from the air! --- audio archives are now posted below. See if you can spot the wingnut troll before I did in the final hour! :-) (And the chat room archive is below as well, if you like.) See ya tomorrow night!...

--- Click here for REST OF STORY!... ---

By Brad Friedman on 11/23/2010 3:05pm PT  



From the New York Times today:

The nation’s workers may be struggling, but American companies just had their best quarter ever.

American businesses earned profits at an annual rate of $1.659 trillion in the third quarter, according to a Commerce Department report released Tuesday. That is the highest figure recorded since the government began keeping track over 60 years ago...
...
Corporate profits have been doing extremely well for a while. Since their cyclical low in the fourth quarter of 2008, profits have grown for seven consecutive quarters, at some of the fastest rates in history.

This breakneck pace can be partly attributed to strong productivity growth — which means companies have been able to make more with less — as well as the fact that some of the profits of American companies come from abroad. Economic conditions in the United States may still be sluggish, but many emerging markets like India and China are expanding rapidly.

Mission Accomplished.

P.S. Let's be sure to give those corporations more tax cuts so they can keep making record profits and still not hire anybody, so we can keep growing our deficit! Right, Tea Baggers?

P.P.S. You Tea Baggers do know by now that you've been scammed all along, right?

By Brad Friedman on 11/23/2010 2:07pm PT  



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