CHUCK SHEKETOFF – It doesn’t take too long for your blood to boil when watching We’re Not Broke. The documentary, which recently aired at the Salem Progressive Film Series (and, hopefully, will soon come to your neighborhood theater) shows how the corporate loophole lobby and its army of tax accountants have rigged the system, enabling corporations to avoid federal income taxes. As corporations stash away oodles of tax savings, some politicians claim that the country is “broke” and aim the budget ax at the social safety net.
“Nuclear Renaissance†Stumbles as Kewaunee Reactor Shuts Down
JOHN LA FORGE – With its October decision to end the Kewaunee nuclear power experiment on Wisconsin’s Lake Michigan shore, Dominion Resources has shown the over-hyped “nuclear renaissance†to be a “reactor reassessment.†Calling its decision final, Dominion said it will close the pressurized water reactor permanently next spring, store tons of ferociously radioactive waste onsite indefinitely, and send its workforce of 655 to unemployment lines in “phased layoffs.â€
Time for Obama to Break His Silence About Climate Change
TED GLICK – When did this silence begin? A piece in last week’s Guardian newspaper reminded me of how far back it goes, to a meeting the White House organized for leaders of environmental groups in March of 2009 at the Old Executive Office building next to the White House. At the meeting, according to the Guardian, aides to Obama made it clear that they did not plan to talk much about climate and wanted their supporters to do the same.
How Big Oil Spent Part of Its $90 Billion in Profits So Far in 2012
DANIEL J. WEISS and JACKIE WEIDMAN – Lingering high oil and gasoline prices contributed to another quarter of huge profits for the big five oil companies: BP plc, Chevron Corp, ConocoPhillips, ExxonMobil Corp, and the Royal Dutch Shell Group. They earned a combined $28 billion in the third quarter of 2012, reaping more than $90 billion in profits through the first three quarters of the year. (see Table 1) As they did last year, the “big five†are on track to easily exceed $100 billion in profits this year.
Milestone: 1/4 of the Way to Revoking Corporate Personhood
PETER SCHURMAN – With victories on Nov. 6th in statewide votes in Montana and Colorado, both by nearly three-to-one margins, we’re now one quarter of the way to amending the U.S. Constitution to overturn Citizens United. This a huge milestone, one we could not have achieved without your help, along with the help of many friends and allied organizations, including Common Cause, which led the way on the Montana and Colorado victories with our support, as well as People for the American Way, Public Citizen, U.S. PIRG, Move to Amend, Ben & Jerry’s, RootsAction, the American Sustainable Business Council, Auburn Seminary, Avaaz, Credo, unPAC, and SignOn.org.
Britain Rejects U.S. Request to Use UK Bases in Nuclear Standoff with Iran
NICK HOPKINS – Britain has rebuffed U.S. pleas to use military bases in the UK to support the build-up of forces in the Gulf, citing secret legal advice which states that any preemptive strike on Iran could be in breach of international law. The Guardian has been told that U.S. diplomats have also lobbied for the use of British bases in Cyprus, and for permission to fly from U.S. bases on Ascension Island in the Atlantic and Diego Garcia in the Indian Ocean, both of which are British territories.