The Pebble Mine is opposed by over 80 percent of the region's residents who, along with the region's wildlife, depend on the health of the wild salmon fishery for their survival, as their ancestors have for millennia.
GE has probably avoided paying its fair share of taxes in a "legal" way -- if the word "legal" can be used to describe a system where corporations pay for the privilege of influencing politicians to bend the law in their favor.
No doubt many reasonable Americans will view Obama as the lesser evil come election time, and for some that will prove compelling. But I take the dreary choices to be one akin to a form of slow torture. Better to support the Occupy Wall Street protests as an inspiring alternative.
If the choice for salvaging the American economy is between Republican snake oil and the puff ball proposals of the president's CEO-laden jobs council, America will be in deeper and deeper trouble. And so will the president.
It is argued that multinational corporations have the right to arrange their business as they see fit in order to maximize profit. But if that is the case, do beleaguered American taxpayers have to foot the bill?
It would appear that once again, a Yes Men-style prank has caught us all napping. Earlier today, news broke that General Electric had agreed, amid public outcry, to "donate" the entirety of their $3.2 billion tax refund to the federal government.
Tax avoidance becomes inappropriate when it is the nation's major corporations that, through the efforts of their lobbyists, become the architects of the very tax avoidance schemes that they then take advantage of.