Culture Shock
Stamp celebrating the modernization of the Iranian Air Force under the Shah’s regime. Like many autocrats in underdeveloped nations, the Shah thought that he could simply “buy” himself a modern air force, but such costly arsenals are risky propositions for those nations lagging in technological knowhow.
by HENRY PELFIAN
During my time in Iran from 1977 to 1978 there were between forty and fifty thousand Americans, many of them working in the military-industrial complex. The Shah of Iran with the approval of the U.S. government had signed a contract with a U.S. manufacturer of helicopters worth $250 million dollars for the purchase of helicopters, parts and the training for pilots and mechanics. Before departing for Iran the sub-contractor showed a documentary film of Iran with the narration stating that the Shah’s goal was to become the major military power in the Middle East and the Persian Gulf. Read more…
Did you like this? Share it:
Latest installment in CBS’s march to the right came this morning when the producers of the CBS This Morning show, featuring Charlie Rose, chose (who else?) an archtypical one-percenter, “Neutron Jack”, to share his wisdom with the audience. Please examine this presentation closely and do file an opinion offering what YOU would have done as interviewer or producer for this show. Note the softballs, the glaring missed opportunities to set the correct frame for this discussion, and so on.Keep in mind that the corporate tax rate was about 50% from 1950s to 1970. Currently it’s 35%, but riddled with loopholes so the effective tax rate is ludicrously lower than that with some corporations paying no tax at all and/or receiving government subsidies.
We will publish all opinions and draw some conclusions. —Eds.
Welch: Obama on right path, but GOP still better
(CBS News)
Former General Electric CEO Jack Welch says President Barack Obama is moving in the right direction on corporate taxes and there’s “no question the economy is picking up,” but he will still support whoever wins the Republican nomination in November’s general election.
Mr. Obama is expected to propose lowering corporate tax rates from 35 percent to 28 percent Wednesday, while closing loopholes and ending subsidies to corporations.
Appearing on “CBS This Morning,” Welch said that Mr. Obama is “clearly” on the right path in terms of corporate tax policy and “as long as they go in this direction, it’s all good.” Still, he doesn’t anticipate anything concrete happening on corporate taxes in an election year. Read more…
Did you like this? Share it:
