David Cay JohnstonVerified account

@DavidCayJ

Founder ; IRS commissioner; 2001 Pulitzer; 51 years of investigative reporting

Rochester NY
Joined July 2011
Born 1948

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  1. Watching The Caine Mutiny scene where Humphrey Bogart’s Capt Queeg dresses down his officers for imagined flaws, then denies his own responsibility for steaming over a towline. Reminds me of an actual person we all know who blames others....

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  2. I'm delighted that of today told 's that "We are 100 percent against the term 'enemy of the people.'" Better late than never.

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  3. Retweeted
    Jan 4

    Anticipating Trump.

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  4. Jan 4

    Federal government shutdowns can easily be avoided, economist says. How? With automatic Continuing Resolutions that keep money flowing at already approved amounts. Trumps' wall shutdown is our 21st. No need for a 22nd.

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  5. Retweeted
    Jan 2
    Replying to
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  6. Jan 3

    L.A.'s homelessness surged 75% in six years. Reporter explains why the crisis has been decades in the making, a look at bad government policies we can fix if we choose to. .

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  7. Retweeted

    The year ends with Don still conning, as reminds us. As 44's economy weakens due to 45's missteps, watch him get even more desperate and extreme in 2019. Buckle up.

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  8. Jan 2

    Donald is trying to create a new reality so he can dig himself out of the hole he dug when he rejected a unanimous Senate vote on spending including border security money. All of what he Tweeted below is nonsense -- all of it.

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  9. Jan 1

    Best done by reducing numbers to percents & dollars per capita. In this case, on average more than $1000 per year on for a four-person family. Also, numbers acquire meaning only in relationship to another number.

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  10. Jan 1

    Translating the esteemed econ professor — “transfers and actual redistribution.” Our rules & regs are rife with stealth UPWARD redistribution. See Free Lunch, Perfectly Legal & The Fine Print.

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  11. Retweeted
    30 Dec 2018

    Amen to Kathleen Hall Jamieson on : "We should consider 'fake news' an oxymoron. If something is fake, it's not news." Instead, she says made-up news should be called a "viral deception," or VD for short. That helpfully suggests it's both harmful and epidemic.

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  12. Jan 1

    Smart scholarship on privacy from Jessica Lake, poli sci lecturer, author of The Face That Launched A Thousand Lawsuits + Sarah Igo, historian, author of The Known Citizen. Expect more great work from both in the years ahead.

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  13. Nondisclosure agreements -- used by Trump since ~1989 -- hide misconduct, smart piece shows in examining new California disclosure law that exposed Harvey Weinstein payouts to hide atrocious behavior. House Dems, please take note.

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  14. Making it easier for young companies to raise capital works if strong rules protect shareholder rights, global study of new second-tier stock markets shows. Study suggests such options bring more investment capital into market, too.

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  15. Only a quarter of people who list their homes in the Great Recession later bought another home, new study shows. Instead of 6 million foreclosures we could have had half that number with smarter policies, data shows.

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  16. Investor alert! Oil company executive pay is set largely by price of oil, not executive skill, new study shows. Economists call it "pay for luck." Pay level is "more consistent with rent extraction by executives than with maximizing shareholder value."

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  17. NEW LAW NEEDED: While thinks he is above the law, federal judges in Denver decided 12/27 that Supreme Court justices are, ruling that 83 Brett Kavanaugh misconduct complaints may not be reviewed because he is on SCOTUS. Outrageous.

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  18. Lower wages are forced on 15%-25% of workers yearly in US and 10 other countries, payroll data shows. This challenges longtime, widespread economic argument that wages are "sticky" and in downturns its layoffs, not wage cuts, that prevail.

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  19. Retweeted
    30 Dec 2018

    “When a government targets children, when it targets infants, when it will take a baby that’s breastfeeding away from its mother as she screams, there is nothing that this government will not do.” —

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  20. Pre-2008 “'all across the marketplace the warning signs were there' of a coming disaster but the mechanisms and political will to stop it were not." -my 2011 Reuters column on Congress failing to rein in Wall Street afterward. Will now act?

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