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Armstead

(47,803 posts)
Tue Mar 1, 2016, 01:02 AM Mar 2016

Do you believe corporations and Wall St have too much power?

That Is a core issue. It affects just about every other issue in one way or another. It is destroying democracy and the quality of life -- sometimes survivability -- of almost everyone. It will be our downfall if we allow it to continue.

It does not have to be that way. If we were to collectively stand up and take back our rights as the majority.


Only one candidate is really addressing that

I want to know why this simple common sense truth matters nothing to so many people.


48 replies = new reply since forum marked as read
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Do you believe corporations and Wall St have too much power? (Original Post) Armstead Mar 2016 OP
I think many people have lost themselves in the whole "my team" aspect revbones Mar 2016 #1
Great thesis statement Populist_Prole Mar 2016 #18
Agreed. revbones Mar 2016 #39
I think it is obvious. nt Live and Learn Mar 2016 #2
Obvious To you maybe. But apparently not to many Armstead Mar 2016 #4
I think it matters. And I will vote for Bernie if he is at all viable, but my state is last. Sucks. bettyellen Mar 2016 #3
+1 n/t Jefferson23 Mar 2016 #44
Yes onecaliberal Mar 2016 #5
What do you mean - too much? RobertEarl Mar 2016 #6
It is too much on every level Armstead Mar 2016 #22
How about some specifics? Otherwise, it sounds like a mantra. randome Mar 2016 #28
Oh yeah. They've infected our lives so thoroughly... RufusTFirefly Mar 2016 #7
DUH dchill Mar 2016 #8
Yes we've heard. Over and over and over again. JaneyVee Mar 2016 #9
A typical non answer that makes my case Armstead Mar 2016 #23
I'm tired of being ruled by Wall Street Banksters. SoapBox Mar 2016 #10
Cut It Out SoLeftIAmRight Mar 2016 #11
Yes. NT angrychair Mar 2016 #12
K&R. JDPriestly Mar 2016 #13
K&R n/t Michigan-Arizona Mar 2016 #14
It's like a cancer senz Mar 2016 #15
Many don't have a chance to ponder the matter: the rich and vociferous minority want them Betty Karlson Mar 2016 #16
Sure, but it is, as the OP expressed, a common sense conclusion.. Duppers Mar 2016 #19
That's what I don't get.....This is not rocket science Armstead Mar 2016 #24
Yes. We need to get BIG MONEY out of the political process. TIME TO PANIC Mar 2016 #17
Tonight I listened to radio shows from around the world robbob Mar 2016 #20
Damn, that's discouraging. TIME TO PANIC Mar 2016 #21
Absolutely. Vinca Mar 2016 #25
They have as much power as people are willing to give them. raouldukelives Mar 2016 #26
That's what is so frustrating -- We keep choosing to give them more power Armstead Mar 2016 #33
Yes (nt) bigwillq Mar 2016 #27
Self Interest TheFarS1de Mar 2016 #29
Don't you like Rollerball? Octafish Mar 2016 #30
Rollerball was more entertaining, but Soylent Green a little more realistic unfortunately Armstead Mar 2016 #31
It's looking that way. Octafish Mar 2016 #43
"It's 2022. Nothing works anymore..." Armstead Mar 2016 #46
Robocop seems the more immediately instructive lesson. Orsino Mar 2016 #45
I'm in Detroit...It's no anecdote. Octafish Mar 2016 #47
Yes, I believe that. Punkingal Mar 2016 #32
Guess who else agrees with you & then ask yourself where we are today & the power of lobbyists: Jefferson23 Mar 2016 #34
I think under different circumstances, Obama would have been an transformative president Armstead Mar 2016 #35
My post is not to demean Obama it is to demonstrate a reality in US politics. Jefferson23 Mar 2016 #38
I didn't take it as demeaning him Armstead Mar 2016 #40
No worries, it was Obama. And yes, it absolutely bolsters Bernie's message. Jefferson23 Mar 2016 #42
PS -- You should make that an OP Armstead Mar 2016 #36
Feel free to post it as one. I am anxious about today and will be phone banking Jefferson23 Mar 2016 #41
Yep... WillyT Mar 2016 #37
I know it. Is not about belief. It's about others not knowing. mmonk Mar 2016 #48

Populist_Prole

(5,364 posts)
18. Great thesis statement
Tue Mar 1, 2016, 03:57 AM
Mar 2016

It should make otherwise intellectually honest people squirm, but between their own sterile economic comfort and disdain of the the lumpen hoi-poloi, the siren song of "my team" gives them an abstract sense of satisfaction.

 

RobertEarl

(13,685 posts)
6. What do you mean - too much?
Tue Mar 1, 2016, 01:27 AM
Mar 2016

Is it that they use it to buy their way out of trouble?

That they own the congress and sometimes the WH and SCOTUS?

How about owning the companies that make the voting machines?

 

Armstead

(47,803 posts)
22. It is too much on every level
Tue Mar 1, 2016, 07:55 AM
Mar 2016

In pretty much every issue -- including "social issues" -- so much traces back to big corporations and their zillionaire owners pulling the levers.

Not just the GOP who are more blatant.

The DLC and Clintons were bought and paid for from early in their careers.

And it looks like we're about to hand the oligarchs the WH for another eight years.

 

randome

(34,845 posts)
28. How about some specifics? Otherwise, it sounds like a mantra.
Tue Mar 1, 2016, 09:54 AM
Mar 2016

To my way of thinking, the minimum wage needs to be raised. Family care needs to be solidified. Health care should be a right, not a privilege. But are corporations responsible for this or is Congress?
[hr][font color="blue"][center]"If you're bored then you're boring." -Harvey Danger[/center][/font][hr]

RufusTFirefly

(8,812 posts)
7. Oh yeah. They've infected our lives so thoroughly...
Tue Mar 1, 2016, 01:41 AM
Mar 2016

... that a lot of people are no longer even aware of it.

While Americans weren't paying attention, we were transformed from citizens into consumers.



It's money that matters
Hear what I say
It's money that matters
In the USA

 

Armstead

(47,803 posts)
23. A typical non answer that makes my case
Tue Mar 1, 2016, 07:58 AM
Mar 2016

If you disagree with that contentention why not state why you think it it is erroneous?

If you agree but din't think it matters, why not own your opinion that it doesn't matter, and justify that?

SoapBox

(18,791 posts)
10. I'm tired of being ruled by Wall Street Banksters.
Tue Mar 1, 2016, 02:41 AM
Mar 2016

And I certainly do not want our President to be their puppet.

No More Banksters.

 

Betty Karlson

(7,231 posts)
16. Many don't have a chance to ponder the matter: the rich and vociferous minority want them
Tue Mar 1, 2016, 03:38 AM
Mar 2016

ignorant, so they can continue to let the corporations feudalise the rest of us.

 

Armstead

(47,803 posts)
24. That's what I don't get.....This is not rocket science
Tue Mar 1, 2016, 08:03 AM
Mar 2016

Seeing big monopolistic corporations kill off competition, elimibating jobs, buying the government....Siphoning people's money upward.....Seeing Corporate behavior becoming ever more inhuman

Just Common sense is all that should be needed to recognize that.

TIME TO PANIC

(1,894 posts)
17. Yes. We need to get BIG MONEY out of the political process.
Tue Mar 1, 2016, 03:53 AM
Mar 2016

...and we desperately need to do something about our media. They do nothing but spew pro-corporate propaganda, and we're heading straight toward fascism.

robbob

(3,527 posts)
20. Tonight I listened to radio shows from around the world
Tue Mar 1, 2016, 04:21 AM
Mar 2016

Feb. 29th, one day before "super Tuesday", tuned in to CBC, NPR/VPR, and later both those stations featured programming from the BBC.

Lots of talk about Trump. Lots of talk about Rubio and Cruz, lots of wailing and lamenting the state of US politics. Lots of talk about how Trump would fare against Hillary.

NOT ONCE did I hear the name "Bernie Sanders"! Not once! They were talking about the influence of big money in the election, they were talking about how people were sick of politics as usual (to explain the Trump phenominum), and not ONCE did I hear any mention of Bernie.

These were shows from around the world, so called "left wing" public radio opinion and analysis pieces, and I was left wondering if I had missed some key news item; was the Democratic primary over? Was Bernie Sanders out of the race (not that they would have neglected to report THAT).

Just sickening. Wether Bernie wins or not, there is a MAJOR political movement going on in the USA, based on a truely populist dissatisfaction with big money and corporate influence in politics, 100% funded by small individual donations, and the media both near and far is just pretending that it isn't happening. Again, simply sickening.

TIME TO PANIC

(1,894 posts)
21. Damn, that's discouraging.
Tue Mar 1, 2016, 04:52 AM
Mar 2016

I know NPR has become less publicly funded and more corporate, and the Tories have a strong influence on the BBC, but I've always heard that the media situation on the other side of the Atlantic was far better. I know there's a lot of foreign Bernie supporters online.

Vinca

(50,261 posts)
25. Absolutely.
Tue Mar 1, 2016, 08:03 AM
Mar 2016

Corporations and Wall Street purchase the politicians and regulations are either weakened, withdrawn or voted down. Thus, we end up with dirty water, foul air, tainted food, dangerous products and mortgage instruments so complicated no one can figure out who owns the paper on your house if you want to sell it. Among other things.

raouldukelives

(5,178 posts)
26. They have as much power as people are willing to give them.
Tue Mar 1, 2016, 09:35 AM
Mar 2016

There is nobody who stands with them, nobody, who could with any seriousness consider themselves a liberal.

They don't have too much power. We just have too many republicans posing as democrats. Too many who are willing, and even proud, to fund the efforts of climate change deniers, to profit from slave labor, to make a nickel every time a drone blows someone away on the other side of the world.

TheFarS1de

(1,017 posts)
29. Self Interest
Tue Mar 1, 2016, 09:57 AM
Mar 2016

Too many snouts in the trough for it to be easily cut out . The problem boils down to cash for favours.....sorry , speeches .

Octafish

(55,745 posts)
43. It's looking that way.
Tue Mar 1, 2016, 11:00 AM
Mar 2016

Harry Harrison thought Brian W. Aldiss was reading the sextant and setting our course. It was Leo Strauss.

Orsino

(37,428 posts)
45. Robocop seems the more immediately instructive lesson.
Tue Mar 1, 2016, 11:02 AM
Mar 2016

Rollerball seems almost utopian in comparison.

Punkingal

(9,522 posts)
32. Yes, I believe that.
Tue Mar 1, 2016, 10:14 AM
Mar 2016

The scariest thing for me this election season is seeing people ignore well-documented information that would allow an informed choice. I'm a Bernie supporter because I READ and see how things are, yet people make fun of us and say we are a foolish.

I shudder to think what we are facing, and it doesn't have to be that way, if so many weren't ignoring the truth.

Jefferson23

(30,099 posts)
34. Guess who else agrees with you & then ask yourself where we are today & the power of lobbyists:
Tue Mar 1, 2016, 10:35 AM
Mar 2016

TOPIC: Ethics & Lobbying Reform
January 26, 2006
Lobbying Reform Summit Lobbying Reform Summit
National Press Club Washington, DC
Complete Text

Good morning. I want to start by thanking American University and the Committee for Economic Development for hosting this panel today. It's an honor to be here and an honor to be among such great company.

Over one hundred years ago, at the dawn of the last century, the Industrial Revolution was beginning to take hold of America, creating unimaginable wealth in sprawling metropolises all across the country.

As factories multiplied and profits grew, the winnings of the new economy became more and more concentrated in the hands of a few robber barons, railroad tycoons and oil magnates. In the cities, power was maintained by a corrupt system of political machines and ward bosses. And in the state of New York, there existed a young governor who was determined to give government back to the people.

In just his first year, he had already begun to antagonize the state's political machine by attacking its system of favors and corporate giveaways. He also signed a workers' compensation bill, and even fired the superintendent of insurance for taking money from the very industry he was supposed to be regulating.

None of this sat too well with New York's powerful party boss, who finally plotted to get rid of the reform-minded governor by making sure he was nominated for the Vice Presidency that year.

What no one could have expected is that soon after the election, when President William McKinley was assassinated, the greatest fears of the corrupt machine bosses and powerbrokers came true when that former governor became President of the United States and went on to bust trusts, break up monopolies, and return the government to its people.

His name, of course, was Theodore Roosevelt. He was a Republican. And throughout his public life, he demonstrated a willingness to put party and politics aside in order to battle corruption and give people an open, honest government that would fight for their interests and uphold their values.

Today, we face a similar crisis of corruption. And I believe that we deserve similar leadership from those in power as well.

The American people are tired of a Washington that's only open to those with the most cash and the right connections. They're tired of a political process where the vote you cast isn't as important as the favors you can do. And they're tired of trusting us with their tax dollars when they see them spent on frivolous pet projects and corporate giveaways.

It's not that the games that are played in this town are new or surprising to the public. People are not naive to the existence of corruption and they know it has worn the face of both Republicans and Democrats over the years.

Moreover, the underlying issue of how extensively money influences politics is the original sin of everyone who's ever run for office - myself included. In order to get elected, we need to raise vast sums of money by meeting and dealing with people who are disproportionately wealthy. This is a problem that predates George Bush or Jack Abramoff, and I believe that a serious, bipartisan conversation about campaign finance reform is one that this town would do well to have in the months to come.

Yet, while people are familiar with these problems and they encompass both parties, I do think it's fair to say that the scandals we've seen under the current White House and Congress - both legal and illegal - are far worse than most of us could have imagined.

Think about it. In the past several months, we've seen politicians resigning for taking millions of dollars in bribes. We've seen the head of the White House procurement office arrested. We've seen some of our most powerful leaders of both the House and the Senate under federal investigation. We've seen the number of registered lobbyists in Washington double since George Bush came into office. And of course, we've seen the indictment of Jack Abramoff and his cronies.

Now, there's an argument made that somehow this is a bipartisan scandal. And the defense here is that everybody does it. Well, not everybody does it. And people shouldn't lump together those of us who have to raise funds to run campaigns but do so in a legal and ethical way with those who invite lobbyists in to write bad legislation. Those aren't equivalent, and we're not being partisan by pointing that out.

The fact is, since this Republican leadership has come to power, this kind of scandal has been the regular order of business in this town. For years now, they have openly bragged about stocking K Street lobbying firms with former leadership staffers to increase their power in Washington.

And yet, what is truly offensive to the American people about all of this goes far beyond people like Jack Abramoff. It's bigger than how much time he'll spend in jail or how many Republicans he'll turn in. Bigger than the K Street project and golf junkets to Scotland and lavish gifts for lawmakers.

What's truly offensive about these scandals is that they don't just lead to morally offensive conduct on the part of politicians; they lead to morally offensive legislation that hurts hardworking Americans.

Because when big oil companies are invited into the White House for secret energy meetings, it's no wonder they end up with billions in tax breaks while Americans still struggle to fill up their gas tanks and heat their homes.

When a Committee Chairman negotiates a Medicare bill at the same time he's negotiating for a job as the drug industry's lobbyist, it's hardly a surprise when that industry gets taxpayer-funded giveaways in the same bill that forbids seniors from bargaining for better drug prices.

When the people running Washington are accountable only to the special interests that fund their campaigns, of course they'll spend your tax dollars with reckless abandon; of course they'll load up bills with pet projects and drive us into deficit with the hope that no one will notice.

In 2004, over $2.1 billion was spent lobbying Congress. That amounts to over $4.8 million per Member of Congress. $4.8 million per member so that oil companies can still run our energy policy and pharmaceutical companies can still raise our drug prices and special interests can still waste our tax dollars on pet projects.

How much do you think the American people were able to spend on their Senator or Representative last year? How much money could the folks who can't fill up their gas tanks spend? How much could the seniors forced to choose between their medications and their groceries spend?

Not $4.8 million. Not even close.

This is the bigger story here, and this is why the recent scandals have shaken the American people's faith in a government that will look out for their interests and uphold their values.

The well-connected CEOs and hired guns on K Street who've helped write our laws have gotten what they paid for. They got all the tax breaks and loopholes and access they could ever want. But outside this city, the people who can't afford the high-priced lobbyists and don't want to break the law are wondering, "When is it our turn? When will someone in Washington stand up for me?"

We need to answer that call because let's face it - for the last few years, the people running Washington simply haven't. And while only some are to blame for the corruption that has plagued this city, all are responsible for fixing it.

Now, I've been asked by my caucus to take a role in lobbying reform - a role I'm proud to have. As many of you know I'm from Chicago - a city that hasn't always had the cleanest reputation when it comes to politics in this country. But during my first year in the Illinois State Senate, I helped lead the fight to pass Illinois' first ethics reform bill in twenty-five years. I hope we can do something like that here.

I realize there are many proposals floating around out there, and I also realize that our friends on the other side of the aisle have many of their own. I think that's commendable. In fact, I look forward to working in a bipartisan fashion to get a solid bill passed.

But this has to be a serious bill, and it has to go a long way toward correcting some of the most egregious offenses of the last few years. This is not a time for window-dressing or putting a band-aid on a problem just to score political points. This is a time for real reform, and I think the Democrats' Honest Leadership and Open Government Act does this by including provisions that so far the Republican proposals do not.

Real reform means making sure that Members of Congress and the Administration tell us when they're negotiating for jobs with industries they're responsible for regulating. That way we don't have people writing a drug bill during the day and meeting with pharmaceutical companies about their future salary at night.

Real reform means giving the public access to now-secret conference committee meetings and posting all bills on the Internet 24 hours before they're voted on, so the public can scrutinize what's in them.

Real reform means passing a bill that eliminates all gifts and meals from lobbyists, not just the expensive ones. If the we truly agree that having a lobbyist constantly pick up the tab for lunch can help influence legislation, then they'll have no problem changing their position so that the ban includes meals of any price.

Real reform means ending the no-bid contracts for well-connected contributors that have wasted millions of taxpayer dollars in both Iraq and the Gulf Coast. And it means ending the practice of appointing your political buddies to positions they are wholly unqualified for. It means no more Brownies.

Finally, I think that real reform must include real oversight and accountability. Our bill sets up an independent Office of Public Integrity to keep an eye on lobbyists and to make sure they comply with the rules.

Now, personally, I think that there's an opportunity for us to go even further than some of the proposals that have come from both parties. And that's why last week I introduced the CLEAN UP Act, which would build on the Democrats' reform bill by giving the American public a clearer view of what's going on here in Washington.

See, one of the reasons why lobbyists like Abramoff and their allies in Congress have been able to manipulate the system is because most of their backroom deals are done in secret. Just the other day, we heard that because of pressure from health care industry lobbyists, Republican negotiators met behind closed doors and changed a budget bill to provide a $22 billion giveaway to HMOs -- $22 billion that would come right out of the pockets of American taxpayers. But of course, no one knew about the change until much later, and no lawmaker would admit to making it.

This is an outrage, and my bill would change this by identifying secret provisions like these that weren't in the original bill, and it would let the public know who put them there, so that special interest giveaways couldn't be slipped in at the last minute. My bill also would shine the spotlight on those pet projects that lawmakers sneak into every spending bill by requiring that they earmarks be posted on the internet 72 hours before they're voted on. The watchdog group, Citizens for Responsibility and Ethics in Washington, recently endorsed this bill, and I hope that the Senate will take it up soon.

Let me close with one final point. Even if we pass a good bill and rid Washington of the Jack Abramoffs of the world, it's going to take much more than gift bans and lobbying reform to restore the public's faith in a government. It will take not simply a change in laws, but a change in attitudes.

To do this - to earn back that trust - to show people that we're working for them and looking out for their interests - we have to start acting like it.

That means instead of meeting with lobbyists, it's time to start meeting with some of the 45 million Americans with no health care.

Instead of finding cushy political jobs for unqualified buddies, it's time to start finding good-paying jobs for hardworking Americans trying to raise a family.

Instead of hitting up the big firms on K Street, it's time to start visiting the workers on Main Street who wonder how they'll send their kids to college or whether their pension will be around when they retire.

All these people have done to earn access and gain influence is cast their ballot. But in this democracy, it's all anyone should have to do.

A century ago, that young, reform-minded governor of New York who later became our twenty-sixth President gave us words about our country everyone in this town would do well to listen to today. Teddy Roosevelt said that,

"No republic can permanently endure when its politics are corrupt and base...we can afford to differ on the currency, the tariff, and foreign policy, but we cannot afford to differ on the question of honesty. There is a soul in the community, a soul in the nation, just exactly as their is a soul in the individual; and exactly as the individual hopelessly mars himself if he lets his conscience be dulled by the constant repetition of unworthy acts, so the nation will hopelessly blunt the popular conscience if it permits its public men continually to do acts which the nation in its heart of hearts knows are acts which cast discredit upon our whole public life."

I can only hope that in the weeks to come, the work we do here and in Congress will once again strengthen this nation's soul and bring credit back to our public life. Thank you. ( Senator Obama )

**The recipient of lobby money is NOT the one best placed to confront it, vote for Bernie today.

 

Armstead

(47,803 posts)
35. I think under different circumstances, Obama would have been an transformative president
Tue Mar 1, 2016, 10:44 AM
Mar 2016

85 percent of the time, when I hear him elucidate feel like I'm listening to the inside of my own head. And I think he is thoroughly decent.

I just wish he'd acted more on that side of his nature, instead of succumbing to the DLC Crowd as much as he did.

Jefferson23

(30,099 posts)
38. My post is not to demean Obama it is to demonstrate a reality in US politics.
Tue Mar 1, 2016, 10:50 AM
Mar 2016

Sanders did not have the WH in his sights, he was content to work as a
member of the Senate. He decided to run for the most part b/c no
progressive in standing was going to challenge Hillary.

He is best placed to fight against what anyone who follows legislation knows,
the lobbyists are winning.

 

Armstead

(47,803 posts)
40. I didn't take it as demeaning him
Tue Mar 1, 2016, 10:54 AM
Mar 2016

Perhaps I misunderstood your post. Who was the speaker?

I think it was Obama, right? If so I see that as bolstering Bernie message, not putting down Obama.

Jefferson23

(30,099 posts)
41. Feel free to post it as one. I am anxious about today and will be phone banking
Tue Mar 1, 2016, 10:56 AM
Mar 2016

for Bernie..it may be my best stress reliever too. lol

In solidarity with you, for a functioning democracy.

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