Corporate Flimflammers in Our Communities and Congress
Wednesday 17 November 2010
by: Jim Hightower, t r u t h o u t | Op-Ed
The signature phrase of America's booming good food movement has been expanded from "organic" to "local and sustainable."
Good! The phrase suggests great quality, strong environmental stewardship and a commitment to keeping our food dollars in the local economy. If you support the local-economies movement, as I do, no doubt you'll be thrilled to hear that a new, local food store is coming soon to your neighborhood. In fact, it's even named Neighborhood Market.
Only, it's not. It's a Wal-Mart. Yes, the $400-billion-a-year retail behemoth, with 2 million employees laboring in 8,500 stores spread around the globe, now is putting on a "local" mask. The giant is promising to buy 9 percent of the produce it'll sell from local farmers. Big whoopie. This means that 91 percent of the foodstuffs offered in its "Neighborhood" chain will come from Wayawayland. Wal-Mart is to local what near beer is to beer. Near beer is not beer ... and Wal-Mart is not local.
But even the 9 percent number is a deceit, for Wal-Mart says that it defines "local" as grown in the same state. Excuse me, but in California, Florida, Texas and other such sizable states, that can be a mighty long truck-haul away. Not exactly what us locals would call "local."
As for being sustainable, Wal-Mart is bragging about a billion-dollar investment it'll make to shrink its environmental footprint a bit. That's a nice gesture, but come on, this outfit has humongous feet that bestride the whole world, and even a billion bucks won't shrink that footprint. Also, it's made no commitment to organic production, nor did it rule out peddling genetically engineered Frankenfoods as part of its "sustainability" gimmick.
Who does Wal-Mart think it's fooling? It's not coming to our neighborhoods to be local and sustainable, but to drive out our homegrown enterprises and extract profits from our own communities.
Flimflamming seems to be the favorite corporate sport these days, even by outfits that pose as ethical paragons. For instance, if you Google Google, you might learn that this Internet powerhouse once proudly promised to do no evil.
In CorporateWorld, however, ethics are often discarded like an old suit that no longer fits. Thus, this $24-billion-a-year, do-no-evil corporation is now a voracious tax-dodger.
A Bloomberg News reporter reveals that Google transfers a big chunk of its annual profits to a subsidiary in Ireland. Then, prior to tax time, Google funnels these profits into a shell corporation in the Netherlands, from which they are bounced into yet another shell corporation in Bermuda. It's not natural beauty that draws Google to the islands, but the fact that Bermuda assesses no taxes on corporate profits. Bottom line: Google escapes paying a billion dollars a year that it ethically owes in U.S. taxes.
Meanwhile, such computer powers as Cisco and Oracle are lobbying furiously to reprise a tax flimflam that multinational corporations pulled on us during the George W. Bush regime. They were allowed to pay a mere 5 percent tax rate on profits they had stashed abroad -- in exchange for pledging to invest this money in American factories and jobs. They got their tax break, then reneged on their job-creation promise, with many corporations actually grabbing the giveaway while firing employees.
Now, they're demanding another tax holiday in return for bringing home a trillion dollars in profits they've squirreled away in foreign tax havens. Amazingly, like rubes at a medicine show, Republicans in Congress are swallowing this same old snake oil, pushing legislation to let super-rich corporations do it to us again.
Before GOP leaders give in, they should recall the words of George W., the guy who enabled the first scam. "Fool me once, shame on -- shame on you," he said. "Fool me -- you can't get fooled again."
Of course, it's us taxpayers who'll get shafted by this corporate tomfoolery.
National radio commentator, writer, public speaker, and author of the book, Swim Against The Current: Even A Dead Fish Can Go With The Flow, Jim Hightower has spent three decades battling the Powers That Be on behalf of the Powers That Ought To Be - consumers, working families, environmentalists, small businesses, and just-plain-folks.
Copyright 2010 Creators.com
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Comments
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'Who does Wal-Mart think
Wed, 11/17/2010 - 10:52 — frank1569 (not verified)'Who does Wal-Mart think it's fooling?'
Nearly all Americans, apparently.
If you shop at Wal-Mart,
Wed, 11/17/2010 - 13:07 — Anonymous (not verified)If you shop at Wal-Mart, you're not only getting fooled, you are a fool.
Yes, Walmart has us, and
Wed, 11/17/2010 - 13:18 — Droslovinia (not verified)Yes, Walmart has us, and it's nearly impossible to escape its clutches. The best we can do is call attention to that fact.
But, "Frankenfoods?" Really? Why don't you help us out by listing below all the food stores that sell no food that has been, in any way, genetically modified. That means food that grows all by itself, in the wild, absent any sort of human intervention, with no human-induced crossbreeding or fertilization of any kind over the past millennium. Good luck with that. What's next? "Frankentricity" that was created by people in power plants, instead of harvested from lightning?
You have a great article here, but mixing in your baseless luddite biases pretty much ruins it for me.
One would have thought that
Wed, 11/17/2010 - 18:08 — Anonymous (not verified)One would have thought that the Enron fiasco/fallout, combined with the historical S&L crisis would have shaken the world financial markets to their core, if not simply for the drastic fact of a lack of conscientious confidence in their illusionary values. But alas, it did not.
And consequently, we are watching the unmitigated shifts in power and control that are so egregiously vast, that an insane kabuki theater of extensive "hoodwinking" and "bamboozling" is now necessary in order to dramatize the mantra that in fact, the world is flat, and thusly, so Wal-Mart is "local" too.
Moon cheese anyone?
The only incorrect assertion
Wed, 11/17/2010 - 19:11 — no bullroar (not verified)The only incorrect assertion in this commentary is that Republicans are like rubes at a medicine show being taken in by the same old snake oil. They are not rubes, and they are not being taken in by anything. Quite the contrary--they know exactly what they're doing: Following the orders of their corporate masters, who have legally bribed them to do so.
Monsanto is the leader of
Wed, 11/17/2010 - 21:06 — Anonymous (not verified)Monsanto is the leader of sustainability. So they themselves say on their flimflamming website. And some luddites think Genetic engineering is human intervention therefore organic food is GMO food. What a laugh like lets GMO some idiots brain.
I have NEVER shopped at a
Wed, 11/17/2010 - 23:09 — Yankee228 (not verified)I have NEVER shopped at a Walmart - nobody with a conscience should --supporting SLAVE labor/ plus buying JUNK that breaks in a couple weeks. I ALWAYS (or do without) shop at LOCAL stores. I have NEVER eaten at a McAnything - NO fast food joints with mystery meat - EVER. Hello - when you (Google - McDonald hamburger fresh years later) EAT something that doesn't ROT - yikes something is wrong. Sadly we have a HERD mentality in this country ---
Franken foods is a fitting
Thu, 11/18/2010 - 19:15 — Anonymous (not verified)Franken foods is a fitting name for a food that created with a gene gun that most likely was never ment for human consumption. Just check out starlink corn.
Money Secrets
Sat, 03/12/2011 - 23:17 — Adriana Milea (not verified)Amazing post, truly!
http://money-secrets.eu