Inversions and Phantom Fiduciary Duties – PracticeLaw.com That argument that big CEOs make to justify moving their company nationalities overseas in order to satisfy their fiduciary duty to minimize taxes? Yeah, that’s bullshit. CEOs and Boards also have no fiduciary duty to maximize profits, particularly short term profits. CEOs and Boards have a…
Where are our fault lines in American politics? | Salon.com There’s only one article this week, because I thought it was so groundbreaking. I’ve spent a lot of time thinking about American politics, trying to find the fault lines. I’ve got two theories that I’m trying hard to reconcile. First, I…
There is a growing problem in this country with the lack of accountability and the growing acceptance of a fuck-you-I-got-mine mentality among a certain class of men. It’s almost like the husband with a wife and kids at home who spends cash on booze, drugs and women, then blames his wife…
Check out the Top 28 American Corporate Tax Avoiders –Fortune.com Fortune – Fortune – listed the top 28 US corporate tax avoiders. Perrigo, a company that provides a substantial amount of jobs and activity in my beloved Allegan, MI, is on the list. Seeing Perrigo on this list made me think…
Where Does $2 Trillion in Subsidies for the Wealthiest Hide in Plain Sight? – Truth-Out.org The special treatment that our tax code gives to the 1 percent is creating a deeper divide between the rich and poor in the United States. Check out the Roosevelt Institute’s new white paper on tax reform. Read more.
The Secret of Effective Motivation – NYTimes.com Did you hear the earth shake? Because the lesson from this study ought to rattle a few institutions. A bunch of researchers studied cadets at West Point and discovered this: people do best when they are motivated to please themselves – to achieve a…
It’s time to declare your independence from the people who have taken it from you. You know that July 4th is the day we celebrate our national independence from the British crown. What you may not know is that July 4th was just as much about declaring independence from…
Your browser does not support the audio tag…listen to the whole show here The Supreme Court’s ruling on the Hobby Lobby case means less freedom for anyone who doesn’t own a huge corporation. It essentially puts the beliefs and desires of monopoly owners above everyone else’s and it says…
Mom and Pop Shops are Startups, Too! – ProfitAndLaws.com What is the first thing you think of when you hear the word “startup”? Probably tech companies and Silicon Valley; college grads and dropouts hoping to come up with the next Facebook or Twitter. Would you be surprised to know that is…
What is the first thing you think of when you hear the word “startup”? You probably think of all the new tech companies that are popping up all over the country, but especially in Silicon Valley; college grads and dropouts all hoping to come up with the next Facebook…
