This is not the United States of Corporate America - Ahwatukee Foothills News: Letters To The Editor

default avatar
Welcome to the site! Login or Signup below.
Logout|My Dashboard

This is not the United States of Corporate America

Font Size:
Default font size
Larger font size

Related Stories

Posted: Thursday, October 13, 2011 3:56 pm


Bank of America CEO Brian Moynihan is asserting that they have a "right to make a profit" as justification for their very unpopular new $5 debit card fee. I disagree. While corporations exist to try to make a profit, some succeed and some fail. There is no government entitlement right to make a profit. And this is especially true in the case of Bank of America.

Bank of America exists only because the taxpayers bailed them out. Now BofA thinks they are entitled to corporate welfare forever. BofA gets to borrow from the Federal Reserve at 0 percent interest and they pay no federal taxes on their huge profits. This is the United States of America, not the United States of Corporate America. In spite of what the corporate puppets on the Supreme Court say we are a nation of The People and the government exists to serve The People, not the corporations.

Marc Perkel

More about

More about

More about

  • Discuss

Facebook on Facebook

Twitter on Twitter


Subscribe to via RSS

RSS Feeds


Uber Car

Ahwatukee Little League 11s win district title

Ahwatukee Little League Minors topped Chandler National North to win the District 13 title.

Despite excessive heat, some residents still active outside

By Jiahui Jia | Cronkite NewsFriday, June 24, 2016PHOENIX — It was 9 a.m. and the temperature had...

Online poll

prev next