Date: Mon, 29 Mar 2004 13:07:34 -0500
From: hbone <hbone-AT-optonline.net>
Subject: Corporate Curse


Ralph Nader has been fighting Corporations all his adult life.

He makes some points that are usually overlooked:

The U.S. owns public lands and gives away rights of exploitation.  For
$30,000, or $5 per
acre, a Canadian company bought rights to a $9 billion gold mine.

Dictators in China and other countries make 28 cents per hour labor
possible.
Mexico has a minimum wage law but ignores it.

Tax avoidance legislation makes outsourcing profitable.

Taxpayers finance research by National Institutes of Health, but allow
prescription drug companies the right to market new medicines at extremely
high
prices.

Five trillion dollars of  Corporate retirement funds are being destroyed by
executives
who pay themselves hundreds of millions annually in  salaries and benefits.

Wealth of  top  1 percent of  U.S population equals wealth of  lowest 95
percent.

Wages after adjustment for inflation (Real Wages) were highest in the
1970's.

When Federal Govt. bails out coporations it should receive warrants that
return monies to
the taxpayers when Corporate stock prices inccrease.  That was done in the
Chrysler Daimler bailout,
and should be done in other cases.

George Bush fights for the right of Iraquis to vote, but is against
self-government by citizens of
Washington D.C.

Hugh