A growing number of big corporations are using offshore tax havens to escape paying U.S. taxes. A recent estimate suggests big companies are dodging at least $37 billion a year — and, in so doing, gaining a significant competitive advantage over small businesses. Continue reading
Shirley Sherrod has her job back and a presidential apology. ACORN is still waiting. The cases are remarkably similar. Both Sherrod and ACORN were demonized by highly edited videos appearing on right-wing websites and widely publicized by Fox News and conservative radio hosts. In both cases the mainstream media and the federal government rushed to… Continue reading
Christopher Mitchell, Director of the Telecommunications as Commons Initiative, joins Curtis Beckmann on "MN This Week" to discuss broadband networks. The 30 minute program discusses problems with existing broadband networks, the lack of competition, how and why communities have built their own networks, and a variety of other topical subjects. Listen here.
These articles highlight deconstruction efforts across the US. Continue reading
The deconstructing of a house is under way in North Texas, and all for the purpose of going “green.” Continue reading
How do we change course and revive a banking system that is more local and responsive to the needs of communities? Continue reading
Fannie Mae and Freddie Mac have told federal regulators and plan to release additional guidance indicating that the senior lien status of PACE liens is not acceptable. This declaration comes despite recent articles highlighting the minimal impact of PACE liens on the lenders’ balance sheets, White House and DOE support for the program, and the 23 states who have enabled Property Assessed Clean Energy Financing. Continue reading
In the perilous aftermath of one of the worst financial disasters in U.S. history, one might expect credit unions — which, after all, are mostly tiny by the standards of the banking industry and operated on a cooperative, not-for-profit basis — to be struggling. But data from the last 18 months show that the country’s 7,600 credit unions are in fact outperforming big banks and rapidly expanding their market share. Continue reading
A battle is raging for control of the Internet and it is not taking place in Washington. Scores of cities, fed up with the recalcitrance and outright arrogance of their providers and Washington’s lack of action are taking their information future into their own hands by building their own high-speed networks. To Harold DePriest, head of Chattanooga’s municipally owned fiber network, currently the largest in the country, the issue is clear: “Does our community control our own fate or does someone else control it?” Continue reading
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