Sunday, July 15, 2012

Money And Power

Beverly Bandler looks at corporate control of the electoral process and finds a couple of interesting quotes (h/t Ritholtz):
Rolling Stone’s Rick Perlstein writes: “The party of conservatism, the Republicans, has  labored mightily … to convince the populace that it is business, in fact, operating according to the profit motive, that is the generous protector of  middle-class interests.”
That their case is contradicted by history has gone unnoticed. The result of the Right’s propaganda and a weak, intimidated Left is an American society that appears to have forgotten the principles of a democracy and a republic. The society has become confused, internalizing the values of corporations as their own. This is what Occupy Wall Street asks Americans to examine.
Writer Chrystia Freeland points out: “The lesson of history is that, in the long run, super-elites have two ways to survive: by suppressing dissent or by sharing their wealth. It is obvious which of these would be the better outcome for America, and the world.”
It is also obvious which way they plan to survive.  The article is correct that Democrats are just a slightly more generous version of the Republicans.  Maybe the corporate interests are just using the loony wing of the Republican party to force people like me to support a Democratic party which will do most everything those businessmen want.  Look at the health care bill, it is just a giant giveaway to insurance companies, but I support it as opposed to the do nothing Republican plan. 

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