Tuesday, May 27, 2014
Power in Military Black Budgets
5:57 am edt The top five military contractors by sales are Lockheed Martin, Boeing, Northrop Grumann, General Dynamics and Raytheon. In addition to the Department
of Defense allocations, the top five intelligence agencies that often provide military use applications are the Central Intelligence Agency, the National Security Agency, the National Reconnaissance Office, the National Geospatial-Intelligence Program and the General
Defense Intelligence Program. The actual amount of monies that go into funding off the books secret projects, estimated by
Bill Sweetman as cited in the Economic Crisis and the Pentagon`s Black Budget, exceeds rational comprehension. "The Pentagon’s ‘black’ operations, including the intelligence budgets
nested inside it, are roughly equal in magnitude to the entire defense budgets of the UK, France or Japan, and ten percent
of the total."
Tuesday, May 20, 2014
Internet 2 Corporate Governance
6:57 am edt
With the FCC policy to allow a two-speed internet, the die is cast that corporate favoritism is
the focus of government, as Internet 2 accelerates to replace the network that has served the public so well for decades.
Internet 2 turns 15, asks. Has it delivered on its promise?
"Internet 2 was created by
34 university research institutions in 1996, when the commercial and non-commercial branches of the Internet's evolutionary
tree split off and went their separate ways. The mission of Internet 2 was to provide reliable, dedicated bandwidth to support
the ever-growing demands of the research and educational communities, and in doing so, to develop technologies that would
advance the state of the 'commodity' Internet."
Tuesday, May 6, 2014
Corporate Inversion Relocation
7:00 am edt
Leave it to the corporatist tax attorneys, re-incorporating a company overseas in order to reduce the
tax burden on income earned abroad, by having a foreign company buy its current operations. The foreign company then owns
assets, and the old incorporation dissolves, so goes the strategy of corporate inversion
relocation. This Corporate Tax Shell Game
, practiced with keen enthusiasm by world-class tax evaders and administered through their legions of CPA accountants, all
rely upon a tax code designed to drive business overseas. Professor Kenneth P. Thomas cites the latest trend.