Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

The Secret Big-Money Takeover of America

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Editorials & Other Articles Donate to DU
 
Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-09-10 08:18 AM
Original message
The Secret Big-Money Takeover of America
For OpEdNews: Robert Reich - Writer

Not only is income and wealth in America more concentrated in fewer hands than it's been in 80 years, but those hands are buying our democracy as never before and they're doing it behind closed doors.

Hundreds of millions of secret dollars are pouring into congressional and state races in this election cycle. The Koch brothers (whose personal fortunes grew by $5 billion last year) appear to be behind some of it, Karl Rove has rounded up other multi-millionaires to fund right-wing candidates, the U.S. Chamber of Commerce is funneling corporate dollars from around the world into congressional races, and Rupert Murdoch is evidently spending heavily.

No one knows for sure where this flood of money is coming from because it's all secret.

But you can safely assume its purpose is not to help America's stranded middle class, working class, and poor. It's to pad the nests of the rich, stop all reform, and deregulate big corporations and Wall Street already more powerful than since the late 19th century when the lackeys of robber barons literally deposited sacks of cash on the desks of friendly legislators.

Credit the Supreme Court's grotesque decision in Citizens United vs. the Federal Election Commission, which opened the floodgates. (Even though 8 of 9 members of the Court also held disclosure laws constitutional, the decision invited the creation of shadowy "nonprofits" that don't have to reveal anything.)

http://www.opednews.com/articles/The-Secret-Big-Money-Takeo-by-Robert-Reich-101008-743.html
Printer Friendly | Permalink |  | Top
NC_Nurse Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-09-10 09:41 AM
Response to Original message
1. It's a secret? Not from anyone who pays any attention whatsoever. And its
Nothing new either. Our govt has been bought for at least 30 years now.
Printer Friendly | Permalink |  | Top
 
kickysnana Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-09-10 09:53 AM
Response to Original message
2. Its not secret and my sister-in law still defends it.
Even though their business start up hit at the end of dot.com and eventually ended and they have had to pay almost a million dollars in health care bills for their two sons and themselves.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 26th 2024, 07:52 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Editorials & Other Articles Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC