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The Left Loses Its Way by Abandoning 'Third Way'

* * * * * Wrote: May 05, 2010 11:40 PM

Corporations with lowest tax bills between 2002 and 2005:

1) CMS Energy, Utilities, 0.0%

2) Chesapeake Energy, O&G, 0.3%

3) Boeing, Aerospace and defense, 0.7%

4) Broadcom, Semiconductors, 1.1%

5) FPL Group, Utilities/wind farms, 1.2%

6) Allegheny Energy, Utilities, 1.3%

7) Citizens Communications, Telecommunications, 1.6%

8) American Capital Strategies, Asset management,
1.8%

9) Akamai Technologies, Internet services, 1.9%

10) DirecTV, Digital television, 2.0%

Utilities are regulated and treated differently than O&G companies in both terms of the law and the tax code.

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The Left Loses Its Way by Abandoning 'Third Way'

Left parties are in trouble in the Anglosphere. Here in America, Democrats are doing worse in the polls than at any time in the last 50 years. In Britain, the Labor Party is on the brink of finishing third, behind both Conservatives and Liberal Democrats, in the election next Thursday.

All of which raises the question: What happened to the "third way" center-left movement that once seemed to sweep all before it?

Only a dozen years ago, in 1998, President Bill Clinton enjoyed 70 percent job approval. Prime Minister Tony Blair was basking in adulation in his first...

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