19th August 2011 23:00
Link to Post #1
Evidence Banks Bought Off Washington
Here's an interesting article from the Mike Stathis... posted on the Market Oracle:
One of the themes I have been emphasizing over the past few years focuses on the destruction of the U.S. economy and control over the political system by lobbyist groups. As long as lobbyists exist, America will continue to be run by corporations.
What does this really mean?
It’s quite simple. Control over government by corporate interests is defined as fascism. This is precisely the type of government that has presided over United States for well over three decades. As long as corporate interests control Washington, the United States will never have a government that resembles a democracy, much less a republic.
When so-called experts in the media discuss America’s problems and offer solutions, you are not likely to hear mention of the power held by lobbyist groups. On rare occasion when the influence of lobbyists is mentioned, it is only in passing. Never will you hear anyone in the media recommend an end to all lobbyist activities as one component of restoring America’s past greatness.
Today, the power wielded over Washington through lobbyist organizations is thought of as a birth right of sorts. Thus, because corporations exert complete control over Washington by the use of lobbyists, a prerequisite for those who propose economic solutions must include a recommendation to ban all lobbyist activities. Otherwise, such individuals either have no interest in the American public and the future of this nation, or else they are unqualified to offer real solutions.
Lobbying firms receive huge sums of money from corporations and other entities. Under the direction of corporate liaisons, lobbyists use their bank accounts to get the bills passed that favor their corporate clients. Many lobbyists themselves are former politicians and corporate insiders. They use their connections and network to bribe politicians in exchange for favors. Most often, these favors include blanket impunity. As a result, corporate CEOs are untouchable, regardless of their crimes. Other times, lobbyists use blackmail, extortion and threats in order to get monopolistic mergers and acquisitions and industry deregulation approved.
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20th August 2011 05:25
Link to Post #2
Re: Evidence Banks Bought Off Washington
Excellent article. I have thought the same thing for many years. However you can't just ban all lobbyists, since there are people who lobby for many good things like non profits and the such. I think more appropriately a ban of lobbyists that represent any for profit organizations would be good.
Also any representative found taking money from a lobbyist and the lobbyist giving said money get shot.