Wednesday, July 16, 2014

If you had told me this appeared on the Federalist website....

By Carl

…I would have laughed in your face. But it did:
Why abandon K-Street, and acknowledge, then reject, the Big Business perception of the GOP? They’ve had the Republican Party’s back for some time, right? In the past, the largest companies favored one party over the other because they understood a pro-capitalist, low-regulation government benefits them.

However, in recent years, especially since the 2007-2008 recession, many have turned to viewing government as a revenue source, a competition crusher, an error-eraser, and a partner in padding their bottom line. Their interest in cheap labor, bailouts, and selectively-favorable legislation has led to a flood of dollars into the Democrat Party, or into political action committees (PACs) that attempt to move Republican congressional votes away from their bases’ expectations, like the U.S. Chamber of Commerce’s push for amnesty. Meanwhile, a mix of bad deals and worse legislation left taxpayers and shareholders on the hook for trillions, millions lost their homes and jobs, and the senators and corporate heads responsible are laughing all the way to the bailed-out bank.

Christ, you’d almost have thought that I, a dyed-in-the-wool leftist, a Marxist of the Adam Smith school, wrote that and not Brandon Finnigan.

And it’s true. This corporatocracy that the United States has become, where corporate bribes have made it nearly impossible for the average citizen to exercise his freedom without being drowned out in a chorus of “Me too” from the corporations, a place distinctly unfriendly to human beings.

Take the last big bipartisan initiative: the TARP program and it’s immediate antecedents. Everybody jumped on board because “too big to fail.” And now, they’ve gotten even bigger and we’ve become even more diminished and the next big bubble is here, Right now. In front of our eyes. You want to know the glaring warning sign?

Corporate mergers.

Mergermania has forecast nearly every single economic downturn since, well, downturns began in America and certainly every one since the 1800s.You can trace the curves almost perfectly. After all, these are the business leaders who have their fingers on the pulse – and thumb on the scale – of the American economy.

In this instance, mergers aren’t happening because there’s a lot of spare money on the table (there is, but it’s not the primary reason). They are happening because Big Business knows that the tax haven that they’ve banked on for decades, even centuries – America – is about to go all pitchforks and tumbrels, and start soaking the rich.

And the rich aren’t Americans. They are Dollaricans. They will flee this nation in a heartbeat if we raise taxes even a fraction of a percent and this is evident from the wave of mergers overtaking the nation.

Of course, liberals and their progressive progeny have been all over Corporate America since long before Occupy Wall Street, long before the G8 Summit protests, long before the NAFTA. So welcome to the party, Finnigan! Pity you waited until it was too late.

(Cross-posted to Simply Left Behind.)

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