Tag: billion

Net Neutrality

I think this is important. From DailyKos: With the Federal Communications Commission set to vote on strong net neutrality rules this Thursday, the opposition is getting increasingly shrill, and their favorite talking point—a false one—is that it’s going to raise your taxes. “Stop the federal internet takeover!” That’s the warning that Sen. Mike Lee blasted out to readers of conservative email lists last month. “This is essentially a massive tax increase on the middle class, being passed in the dead of night without the American public really being made aware of what is going on,” wrote the Utah Republican. “New taxes

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Bank Fraud

Several years ago, I was writing about the financial crisis, but I got away from the topic. Unclear why, but I did. It is a good thing that Matt Tiabbi is still on the case. I saw that JP Morgan Chase was about to agree to a $13 Billion settlement. Why? From Matt: A lot of people all over the world are having opinions now about the ostensibly gigantic $13 billion settlement Jamie Dimon and JP Morgan Chase have entered into with the government. The general consensus from most observers in the finance sector is that this superficially high-dollar settlement –

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Supreme Court to look at Exxon case

It has now been 18 years since the Exxon Valdez disaster. Tons of crude polluted the Alaska coast. Exxon was fine $5 billion. They appealed. The fine was lowered to $2 billion. Exxon-Mobil’s net profit last year was $39.5 Billion. The Supreme Court has agreed to hear their case. At stake is can you and I hold companies accountable for the actions of their employees. ——— From RS: The US Supreme Court said Monday it would examine the legality under maritime law of damages of 2.5 billion dollars awarded against ExxonMobil for the 1989 Exxon Valdez oil tanker disaster. It is

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Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.


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