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When Roger West first launched the progressive political blog "News From The Other Side" in May 2010, he could hardly have predicted the impact that his venture would have on the media and political debate. As the New Media emerged as a counterbalance to established media sources, Roger wrote his copious blogs about national politics, the tea party movement, mid-term elections, and the failings of the radical right to the vanguard of the New Media movement. Roger West's efforts as a leading blogger have tremendous reach. NFTOS has led the effort to bring accountability to mainstream media sources such as FOX NEWS, Breitbart's "Big Journalism. Roger's breadth of experience, engaging style, and cultivation of loyal readership - over 92 million visitors - give him unique insight into the past, present, and future of the New Media and political rhetoric that exists in our society today. What we are against: Radical Right Wing Agendas Incompetent Establishment Donald J. Trump Corporate Malfeasence We are for: Global and Econmoic Security Social and Economic Justice Media Accountability THE RESISTANCE

Thursday, April 14, 2016

VERIZON CEO GOES FULL NUTTER

After Bernie Sanders criticized Verizon’s labor policies and stood with striking workers at a picket line in Brooklyn, the company’s CEO lashed out at the presidential candidate.

Verizon CEO Lowell McAdam put up a spirited response to Sanders on his LinkedIn page, citing a similar post by General Electric CEO Jeff Immelt from earlier this month.
I read with interest Jeff Immelt’s spirited response to Sen. Bernie Sanders putting GE on his hit-list of big corporations that are “destroying the moral fabric” of America..In fact, I share his frustration. Verizon is in Sanders’s bull’s-eye, as well. The senator’s uninformed views are, in a word, contemptible…
McAdam challenged Sanders’ assertion that Verizon has avoided paying taxes, citing financial statements that show the company has paid $15.6 billion in the last two years, which would add up to a 35% tax rate last year.

However, according a 2013 Americans for Tax Fairness report, Verizon made “Made $19.3 billion in U.S. pretax profits from 2008-2012 but paid no federal income taxes during the period” and received “$535 million in tax rebates.”

McAdam also pushed back against Sanders claim that the company had not invested in the United States. “Again, Sen. Sanders is wrong on the facts,” McAdam post reads, “More egregiously, he oversimplifies the complex forces operating in today’s technologically advanced and hyper-competitive economy.”

Nearly 40,000 Verizon landline walked off the job Wednesday morning after working without a contract since August. Workers say the company is looking to freeze pensions, make it easier to fire employees and rely more heavily on contract workers.

The Sanders campaign’s Twitter account sent out a response to McAdam’s post: “I don’t want the support of McAdam, Immelt and their friends in the billionaire class. I welcome their contempt.”






NFTOS
STAFF WRITER