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Title: The Secret Big-Money Takeover of America
Source: Democratic Underground (via link)
URL Source: [None]
Published: Oct 8, 2010
Author: Robert Reich
Post Date: 2010-10-08 12:19:55 by ghostdogtxn
Keywords: None
Views: 153
Comments: 5

Post Comment   Private Reply   Ignore Thread  

#1. To: ghostdogtxn (#0)

One percent of the people in this country own 35% to 40% of the wealth. It wasn't the free market that did this.

"If ever this vast country is brought under a single government, it will be one of the most extensive corruption, indifferent and incapable of a wholesome care over so wide a spread of surface. This will not be borne, and you will have to choose between reform and revolution. If I know the spirit of this country, the one or the other is inevitable." - Thomas Jefferson

Turtle  posted on  2010-10-08   12:23:26 ET  Reply   Trace   Private Reply  

gay-bashing is cool for Democrats as long as the people you are inaccurately accusing of homosexuality are republicans or libertarians...

it is amazing how much bigotry there is on all sides. and it really benefits nobody.

regarding what Robert Reich is talking about above - it is mind-boggling that ordinary citizens are restricted severely in contributing direct to campaigns, but that if you just give to an intermediary group, then this intermediary group can give unlimited amounts of money. and thus keep it all secret where the money comes from. Unbelievable - decades of passing laws to limit how much people contribute and all of a sudden the Supreme Court says that business interests can give an unlimited amount.

This wouldn't be a problem except that the mass media is propaganda. and so the people are incredibly ignorant, stupid and deceived.

Psalms 137:1 By the rivers of Babylon, there we sat down, yea, we wept, when we remembered Zion.

Red Jones  posted on  2010-10-08   12:29:10 ET  Reply   Trace   Private Reply  

One percent of the people in this country own 35% to 40% of the wealth. It wasn't the free market that did this.

And you would have a world where 1% of the population owns and controls EVERYTHING through government.

The problem is government, and laws that allow monsters to make money from liquidating and destroying businesses. Laws that allow monsters to make money by betting against the economy. Laws that demand irresponsible lending to people that cannot afford those loans. The list goes on and on...

PaulCJ  posted on  2010-10-08   12:35:56 ET  Reply   Trace   Private Reply  

here's another article on the same

Psalms 137:1 By the rivers of Babylon, there we sat down, yea, we wept, when we remembered Zion.

Red Jones  posted on  2010-10-08   12:37:48 ET  Reply   Trace   Private Reply  

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

That's simple. Drug cartels, foreign governments, the military industrial complex, agri-businesses, pharmaceutical companies, banks, oil companies.

We have the greatest government money can buy, and in Washington DC money can buy you anything. You wanna boing Roy Blunt's mom? Give him enough money and not only will he deliver her naked to your home, he'll hold her down until you are finished and high five you as he's leading her out the door.

"The Central Intelligence Agency owns everyone of any significance in the major media." ~ William Colby, Director, CIA 1973–1976

Nothing in the State, everything outside the State, everything against the State - Jan Lester, Escape From Leviathan

"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that justifies it." - Frederic Bastiat

Good order results spontaneously when things are let alone. - Zhuangzi

F.A. Hayek Fan  posted on  2010-10-08   15:00:42 ET  Reply   Trace   Private Reply  

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