Tag Archives: mitt romney

SYNDICATED COLUMN: Let VW Face the Same Penalties as Us — or Let Us Go Unpunished Too

            If you did it once, you’d be fired.

If you did it hundreds of times, you’d go to prison.

Why should a corporation worth billions of dollars be treated more leniently than we individuals?

“Volkswagen has admitted installing software in 11 million vehicles that was used to provide false results about emissions, though it was not clear if it was used in all countries where the cars were sold,” The New York Times reports. The United States, however, accounts for 20% to 25% of the automaker’s sales.

“Those U.S. [diesel] vehicles would have spewed between 10,392 and 41,571 ton of toxic gas into the air each year, if they had covered the average annual US mileage. If they had complied with EPA standards, they would have emitted just 1,039 tons of NOx each year in total,” according to The Guardian. That’s “roughly the same as the UK’s combined emissions for all power stations, vehicles, industry and agriculture.”

VW executives broke federal pollution control laws. They knew they were breaking those laws. And they did so on a massive scale.

Now I want you to imagine, if you can, what would happen to you, if you did the same thing — assuming you were in a position to do the same thing.

If the feds found out that you’d rigged your car with a device that fools state vehicle inspectors into thinking that your pollution-belching piece of crap was as green as a Leaf, they’d take your car off the road, maybe confiscate it. They might slap you with a stiff fine ($25,000 in Texas, $295,000 under federal law). Maybe even a jail term.

Volkswagon will wind up paying hundreds of millions of dollars, or more, to the U.S. government for this crime. But that’s far, far less than they — or their top executives — deserve. We live in a time in which corporations enjoy the same benefits as people, and in which some politicians even claim that they are people. Shouldn’t corporations face proportionately equivalent penalties when they commit crimes?

Let’s start with civil penalties.

The average American citizen has a net worth of $45,000. A $295,000 federal civil fine would wipe him out six times over. Since VW has assets of $14.4 billion, the equivalent civil fine should be $94.4 billion.

VW should cease to exist. Alternatively, it could be nationalized by the U.S. government, with its future profits used to pay down the deficit.

Anything less tells American citizens that they are worth less than a corporation. Not even an American corporation — a German one. A German corporation founded by Adolf Hitler!

Then there’s the issue of criminal penalties.

The maximum term for fraud under federal sentencing guidelines is 30 years in prison. Seems fair in this case. Let the company’s top executives face those terms, as well as the company itself — it should be placed in a virtual financial “prison” by being banned from operating for its own financial advantage for 30 years as well.

Of course, the chances of VW being put out of business, or its execs facing prison for their crimes, are zero.

Corporations are responsible for lawbreaking and murder on a scale that Jeffrey Dahmer couldn’t have imagined. So why is it just little old us, private individuals, who get the book thrown at us?

Look at, if you can stand the stink, British Petroleum.

Federal and state fines and settlements related to the catastrophic 2010 Deepwater Horizon spill in the Gulf of Mexico will total $18.7 billion. Sounds like a lot of money, but thanks to quiet leniency by the Obama Administration EPA, that expense will mostly be tax-deductible.

Not to mention, it’s a drop in the bucket.

BP has $87.3 billion in assets. Which means its total cost for the Gulf spill is just 21%, barely over a fifth.

BP will be able to pay off its entire Gulf spill tab with just over a year of profits. No layoffs. No salary cuts. No replacing the gold faucets in the bathroom of CEO Bob Dudley, who “earns” $5 million a year.

If we’re going to treat corporations like people, let’s treat people like corporations. Either slash the penalties we face when we screw up — or ramp up those faced by big companies so they’re in line with ours.

(Ted Rall, syndicated writer and the cartoonist for ANewDomain.net, is the author of the new book “Snowden,” the biography of the NSA whistleblower. Want to support independent journalism? You can subscribe to Ted Rall at Beacon.)

COPYRIGHT 2015 TED RALL, DISTRIBUTED BY CREATORS.COM

Flat Broke? Try the Hillary Clinton Way!

Hillary Clinton says she and her husband Bill were “flat broke” when they left the White House in 2001. But not everyone who is “flat broke” has a friend willing to lend them $1.2 million (Terry MacAuliffe) to buy a house. Then she claimed Americans don’t resent the $100,000,000 she and Bill earned through “the dint of hard work.” What hard work? Is Hill the new Mitt?

SYNDICATED COLUMN: Against Philanthropy

As Hurricane Victims Freeze, Billionaire Mayor Gives Away $1 Billion to Wealthy Med School

New York City Mayor Michael Bloomberg made headlines over the weekend with his announcement that he has donated $345 million to Johns Hopkins University. Added to his previous donations, the media baron has given his alma mater over $1 billion – the largest charitable contribution to an educational institution in US history.

Bloomberg received plaudits for his generosity by the usual media sycophants. Along with death and taxes, another thing you can count on is being told to be grateful when masters of the universe give away some of their loot (even if none of it goes to you.) As pundits fawned, thousands of New Yorkers – residents of Queens whose homes got damaged by superstorm Sandy – were shivering under blankets in heatless homes in 15° weather because restoring electricity and housing storm victims isn’t one of the mayor’s top priorities.

Disgusting.

This was a man, New Yorkers remember, who wanted the mayoralty so badly that he subverted the people’s will, bribing and bullying the City Council into overturning term limits passed by an overwhelming majority so that he could keep the job a third term.

No one should claim that he didn’t want responsibility for those poor cold slobs out in the Rockaways.

If there’s anything more nauseating than watching this rich pig bask in the glow of his philanthropy while the citizens he is tasked with caring for turn into popsicles, it’s the failure of anyone in the system – columnists, local TV anchor people, even Bloomberg’s political rivals – to call him out. For $345 million the mayor could have put his city’s storm victims up at the Four Seasons for years.

Bloomberg’s donation to one of the wealthiest universities on earth, with an endowment of $2.6 billion, serves to remind us that philanthropy is evil.

You could argue that generous rich people are better than cheap rich people. And if you like the way things are, with the gap between rich and poor at record levels and spreading – you’d be right. But most people are not happy with our winner-take-all economy.

No one deserves to be rich. And no one should be poor. Everyone who contributes to society, everyone who works to the best of their skills and abilities, deserves to earn the same salary. Of course, I realize that not everyone adheres to such basic Christian – er, communist – principles. (Anyone who denies that Jesus was a commie never cracked open a Bible.)

But most people – certainly most Americans – agree there’s a line. That too much is too much. People like Michael Bloomberg and Steve Jobs and Bill Gates may have worked hard and created products that consumers purchased in great numbers – but no one can work $25 billion hard (Bloomberg’s estimated net worth). There aren’t that many hours in the day; the human skull doesn’t contain enough synapses; no idea is worth that much.

One of the big problems with charitable giving is that it mitigates the injustice of inequality: sure, maybe it’s a little crazy that Bloomberg has 11 luxurious homes while people are starving to death and sleeping outside, but at least he’s generous. He’s giving it away. The implication, that the chasm between rich and poor isn’t that bad, is a lie. It’s also evil: If inequality isn’t that bad, it’s not important to talk about – much less fix.

“For many people, the generosity of these individuals who made so much money eliminates the problem that wealth poses, inequality poses, in the society,” says Robert Dalzell, author of “The Good Rich and What They Cost Us.” “We tend to conclude that such behavior is typical of the wealthy, and in fact it’s not…This whole notion of ‘the good rich’ I think reconciles us to levels of inequality in the society that in terms of our democratic ideology would otherwise be unacceptable.”

It’s better for society when rich people are unlikeable jerks like Mitt Romney. Knock over old ladies, stiff the waitress, talk with a pretentious fake British 19th-century accent, install a car elevator. Bad behavior by our elite oppressors hastens the revolution.

Bloomberg’s billion-dollar gift to a school that doesn’t need a penny illustrates the inherent absurdity of capitalism: aggregating so much wealth and power in the hands of a few individuals. It’s obscene and morally reprehensible to allow a disproportional share of resources to fall under the control of the arbitrary whims of a few quirky rich dudes.

Why should National Public Radio, which received a $200 million bequest by the widow of McDonald’s founder Ray Kroc, get all that cash while the Pacifica radio network – more avant-garde, better politics – teeters on the edge of bankruptcy? It’s nice that the Bill and Melinda Gates foundation fights AIDS in Africa, but who are Bill and Melinda Gates to decide that AIDS in Africa is worse than, say, diarrhea, which kills more people? It’s amusing to hear that the heir to a pharmaceutical fortune gave $100 million to an obscure poetry journal – but again, people are sleeping outside. Why not musicians? Or cartoonists?

People are dying because they can’t afford treatment by a doctor. People have been convicted of crimes they didn’t commit and executed because they couldn’t afford a competent lawyer to defend them.

If a government agency were allocating public funds based on the personal whims of its director, there would be a scandal. Under the veil of “philanthropy” billions of dollars that could help millions of people are being spent in a haphazard manner – and we’re supposed to applaud because it’s up to the “private sector”?

In an ideal world no one would have that kind of power. We’d be as equal as the Declaration of Independence declares us to be. We’d make decisions about who to help and what problems to try to fix collectively. The most unfortunate people and the worst problems would get helped first –long before Johns Hopkins.

Our world isn’t perfect. But it is our duty to do everything in our power to make that way. Toward that end, billionaires like Michael Bloomberg ought to have their assets confiscated and redistributed, whether through revolutionary political change or – for the time being – high taxes.

If we can’t pull off nationalization or truly progressive taxation, if we are too weak, too disorganized and too apathetic to form the political movements that will liberate us, the least we should do is to denounce “generous” acts of philanthropy like Michael Bloomberg’s for what they are: arbitrary and self-serving attempts to deflect us from hating the rich and the inequality they embody.

(Ted Rall’s website is tedrall.com. His book “After We Kill You, We Will Welcome You Back As Honored Guests: Unembedded in Afghanistan” will be released in November by Farrar, Straus & Giroux.)

COPYRIGHT 2013 TED RALL