LDS Liberal.there are tons of problems with your list of successes.
the first and last require that EVERYONE actually do their part. There
can't be some pigs who are more equal. with the declination of the
"family" in this world, poor example, I have dealt with many many
familial dictatorships, even within the Church. Pilgrims: more than
half died within 18 months, they had to be supported by an outside government in
order to survive. Learn a little history US Military: served 28 years,
Not even close. Some pigs are more equal.United Order: failure because
there were people who felt that they deserved to get more and work less,
returned to a lower law.You listed 6 successes, I see 3.9 that are
failures and one that is theoretical, because it hasn't happened yet. You
can't call something that hasn't happened...a success
Lagomorph, Why provide more compensation to those who will not take
a risk. You think those who have invested their own money into something should
give more to those who are already accepting a fair wage? I can agree that the
definition of "fair wage" is debatable. Based on high school drop-out
burger flipper in Seatle, they deserve more compensation than a public school
teacher. (check Utah's pay scale for teachers) I can claim
that I deserve more pay also. My company would be out of business if I
didn't put in a 12 hour shift. they pay me a lot to sit and wait in case I
am needed. The owners make huge profits every time I actually work. But they
are also the ones taking the risk. they have to pay me regardless.
Kent Deforrest, I've lived in Germany too, and their version of
capitalism is not that great. Sure everyone is taken care of....I refer to it
as equal poverty. You do have everything that you absolutely need, food,
shelter, minimal medical care. AND THERE IS NO POSSIBILITY of getting above
@Light and LibertySt. George/Washington, UTTo all Socialists:
A challenge! Rather than being hypocritical, how about showing all of us right
wing extremists how this Socialism works.====== OK, The City of Enoch, The United Order, The Pilgrims, The
United States Military, The Family, The Celestial Kingdom, Shall I continue?....
To all Socialists: A challenge! Rather than being hypocritical, how about
showing all of us right wing extremists how this Socialism works. I challenge
all of you to give up your possessions and show us! Since Capitalism spawns
everything you hate, give up your nice cushy jobs, your expensive SUVs, your
double income households, and show us. after all, isn't example the best
teacher? Or is this just one of those tricks to just talk about others doing
what you say, while you actually just like to talk about it! Typical
patronizing progressives! Your grandiose ideas for others to live!
RedshirtI think your intemperate comments are part of the larger
problem. You just can not get away from a victimhood mentality by those on the
radical right who see the bogeyman in every possible liberal motivation to make
this society work better for us all.I feel great pity that you do
not find the ability to see beyond the propaganda you have apparently swallowed
hook, line and sinker.
To "ordinaryfolks" you are wrong. The vast majority of liberals and
Progressives are calling for socialism. They don't call for it by name,
but if you went along with what they have planned you will end up somewhere
between a fascism and communism. Liberal and Progressive ideology puts
government up as the solution for our problems. The problem with that is each
time government comes in to fix something they break 2 more things. It becomes
a self perpetuating problem until the government finally says that they just
have to take things over and run the economy and businesses itself. Once you
get to that point it doesn't take long before they decide that you are not
doing what you should be doing so they will run your life for you too.Liberals don't like to admit it, but they think they can run your life
better than you can. They also think that if the right people are put in place
with the right amount of money government can run businesses better than
Re: "What crony capitalism really looks like".... Answer:
It looks like our politics TODAY (under Barack Obama). Remember... he has been
President for almost 8 years now... If he was going to CHANGE something... he
would have done it by now.But instead we have the CEO of GE as the
Government's "jobs Czar", and a Goldman Sachs exec running the IRS,
etc... NOTHING HAS CHANGED!Gas prices still go up... it used to be
blamed on Bush wanting bigger profits for his "Big Oil Buddies"... now
it's just blown off as "Necessary cost increases"...We
had lower unemployment when Bush, Clinton, and Reagan were President... but we
do nothing but praise Obama for keeping it under 10%...Why
don't we ever expect President Obama to actually DO something?I
know, I know... because Republicans won't LET him do anything... But THEY
didn't appoint the CEO of GE, or the Goldman Sachs exec to be in high
Government posisions... did they???THAT... is "Crony
Capitalism". You help get me elected and we'll give you big jobs in
the Government where you can make regulations that help you and your company...
Mary Baker has rightly pointed out a problem with the unholy relationship
between big business and big government.That anyone can contest this
problem only proves the famous point made by P T Barnum (which I will not cite
due to fear of censorship by the paper).I don't think the vast
majority of liberals/progressives are about advocating socialism or any other
evil doing to the holy grail of pure capitalism. They are about making things
work better for all. The system we have is corrupted by elements other than the
economic philosophy of capitalism. I don't have a name for it, but I know
the corrupt nature of it. And what we have is corruption by a "nice"
name.It is high time we had a government that looked after the
general public, and not the already powerful and wealthy special interests.
Defenders of this system of legal bribery and grifting are the fools in the
Gary o: all that you say about corporations and capitalism would be true if the
world were made up of robots that had no choice. Capitalism doesn't force
anyone to buy the product. Ghandi tried to teach the millions of suffering
Indians that they could make use of a word that would help them. The word was
"no". You have a choice. the trouble you have is that, like many on
the left that promote socialism and communism, is that you treat everyone like
they are robots that can't make decisions and must have the government
helping them how to say "no" or "yes". Of course, then again,
that is what the left wants. It gives them the power, rather than the
corporations. Yes, everyone has a choice in free markets to make their own
decisions. We are not all victims that must be rescued by "socialism"
or "Capitalism". We are capable of making our own decisions. That is
called Liberty, something that some don't want or believe in because it
forces you to live with the consequences of your decisions.
GaryO wrote: "Pure Capitalism creates a few super-rich plutocrats who are
free to be as greedy as they want. Workers are treated like garbage, and
products are expensive. Consumers suffer . . . and so does everyone
else."Competition actually prevents this from happening - that
is, until government steps in and tilts the playing field, as described by Mary
Barker. The irony in what GaryO and many others suggest as a solution is that
they want more of what caused the very problem they're trying to solve. I
suspect that in reality it's a power struggle pitting greedy businessmen
against greedy politicians and bureaucrats and not at all about creating a free,
just, peaceful, and prosperous society.The Founding Fathers
understood the corrupting nature of too much government power, so they drafted a
Constitution that limited the role of the federal government. It would help if
government could be contained to the specific roles that pertain to government,
rather than allowing it to engage in the kinds of abuses described by Mary
Barker.And if we all just practiced morality, virtue, and integrity,
the problem would vanish.
@ mike"What those who climb all over Wal-Mart and Cabelas seem
to forget is that other businesses are continually running break-even-analysis
spreadsheets. If the only reason that Cabelas and Wal-Mart are profitable is
because the local government is giving them tax breaks, then when those tax
breaks end, those businesses will become unprofitable and they will be forced to
close."But what happens when those corporate hand out don't
expire? What happens if they never end because they use so much money to buy off
government? Remember, your judges declared bribery a form of free speech.That's why so many of us liberals want to get money out of
politics. Why don't you support us in this?
Has Mary Barker ever owned a business? Has she ever invested her own money in a
business? Has she ever done anything more than point fingers at others?One of the first things that a potential business owner does is to run a
"break-even-analysis". He finds out how many "widgets" he has
to sell at what price to make a profit. If the "numbers" are favorable,
he might invest his money.What those who climb all over Wal-Mart and
Cabelas seem to forget is that other businesses are continually running
break-even-analysis spreadsheets. If the only reason that Cabelas and Wal-Mart
are profitable is because the local government is giving them tax breaks, then
when those tax breaks end, those businesses will become unprofitable and they
will be forced to close.Every businessman is looking for a way to
enter the "fray". If Cabelas or Wal-Mart is charging too little to
sustain opporations, then they will fail, no matter what government does.A good businessman charges what he must to remain in business. Prices
at Cabelas are not "bargain basement". The argument is moot.
Joecapitalist2, "take away the ability for government to shower bribes"
(paraphrase)- how will you be able to do that? Maybe this is a chicken and the
egg argument but I don't see how you can enforce that when there are no
legitimate checks and balances anymore (ex: Supreme Court ruling that Super PACs
are legal). I see the only way to do this is by limiting donations severely or
funding campaigns thru tax dollars in a thrifty way. Until there is no gardener
(or checks and balances) the weeds will continue to thrive. Bribery
is legal and any corruption that is illegal is often not enforced. Every
political party is guilty of this. Until the system is changed, the results
will remain the same no matter who is in office.
To "The Educator" what tea party person is pro-fascism? If anything the
Tea Party is against it because they are the ones that said to let the banks and
car companies fail.Please back up what you say with facts. I have
yet to see you do that, so please do so.
@2 bitsI've worked for corporate America for 30+ years. That does
not mean I'm blind to the fact our political system is joined at the hip
with them. We all could use another Teddy Roosevelt about now.
My oh my! The cons are all in a tizzy!Love it! Very few writers can
tick off the radical right like Robert Reich, Pat Bagley, and Mary Barker! I
love her columns! They're clear, easy to understand, provide specifics, and
so true. I think the reason why the right despises her so much is because they
find the truth to be hard. Just like those who followed Amalickiah became so
bitter because they knew that what they were doing was wrong. Many cons around
here know that Dr. Barker is correct but don't want to admit it. Time to
wake up repubs! Your country needs you! We're under attack from the 1
percent. Will you support the aristocracy or be a patriot and fight for freedom?
Pops said: Bear in mind that "capitalism" is a synonym for
"freedom". Freedom doesn't destroy itself. Nonsense,
how does "everything is for sale" the same as freedom? Those with the
most money should be the most free, a conservative moral.They speak
of morals but only of the servants morals, for the master has no need for such
foolishness, because corporations have no soul to save and no body to jail.Gary you make to much sense, they really hate that.
@ Redshirt"Again with another letter about Fascism. Crony
Capitalism is just another name for Fascism."If crony capitalism
is fascism then why are tea party republicans so pro-fascism?
Crony capitalism seems alive and well under Obama. On the other hand our
corporations have to put up with a 40% tax vs Europe of 25%. Does this help us
compete? We could have a robust economy if we has a better tax structure, less
red tape, and were at least trying to balance the budget. Socialism doesn't
work. Europe is in the doldrums. And it is dangerous too. The Islamic State is
ready to take over the whole world given the chance.
Yes Pops . Pure capitalism ultimately weakens and destroys
itself.“Bear in mind that "capitalism" is a synonym
for ‘freedom’.”Think so huh?With pure
capitalism, who has the freedom? . . . The most successful and perhaps the most
RUTHLESS capitalists.Money creates money. Monopolies and Oligopolies
can force all completion out of business and then charge whatever they want with
no fear of competition.That’s why the Great Republican
Theodore Roosevelt and his Trustbusters broke up the huge monopolies and
oligopolies through GOVERNMENT INTERFERENCE.This allowed the
little, innovative, eager entrepreneurs to get their products to market, thus
creating a truly VIGOROUS and COMPETITIVE form of capitalism that allowed
superior products and services to be produced and purchased at cheaper prices.
That benefitted the consumer, America, and the world.Pure Capitalism
creates a few super-rich plutocrats who are free to be as greedy as they want.
Workers are treated like garbage, and products are expensive. Consumers suffer .
. . and so does everyone else.That weakens capitalism and ultimately
destroys it . . . as evidenced in Europe where Communism took over as a reaction
to out-of-control Capitalism.
LDS Liberal, corporations have had Constitutional rights since the 1810s. For
heaven's sake, don't take those political direct mailers seriously.
The best way to get money out of politics is to get politics out of money.
Talk about biting the hand that feeds you! You corporation haters make me laugh!
If you don't like them, don't buy their products! No one is forcing
you! That's right, produce your own clothing, food, medicines, cars,
airplanes, tools, fuel and everything else that your life depends on! Or move to
Cuba or N. Korea, where they hate corporations too! Corporations are the life
blood of America and only exist IF they are successful in producing goods and
services people CHOOSE to pay for!
"Pure capitalism ultimately weakens and destroys itself."Huh?Bear in mind that "capitalism" is a synonym for
"freedom". Freedom doesn't destroy itself. What destroys freedom
is that we fail to teach and practice "morals, virtue, and integrity".
Don't confuse symptoms with causes. There is no amount of government
intervention that can create utopia in any way, shape, or form, whether it be
capitalism, socialism, marxism, or whatever. A peaceful, just, and prosperous
society can only result when we, the people, decide to teach and practice
"morals, virtue, and integrity". Until then, it's just a futile
exercise of trying to make people do the right thing, and it's especially
futile because the people trying to do the coercing are just as corrupt as those
whom they're trying to coerce.Thanks for the reminder, Light
Again with another letter about Fascism. Crony Capitalism is just another name
for Fascism.What I can't figure out is why liberals think that
the cure for the first step towards Communism is more socialism. Why give more
power to government officials that are just going to turn around and sell it to
somebody else or use it to funnel money to themselves and their allies?The cure for Fascism is Capitalism. Stop the subsidies, stop allowing
government to bail out businesses, stop the power that the Feds have taken to
control the economy, and stop allowing the Government to pick the winners and
"Take away the power of those politicians to shower their donors with
special favors and the "legal bribes" will instantly dry up."And how do you propose that? Specifics please.Congress has
the legal means to affect and give favors to those with money. Given enough
money, most will give in. Limiting the money would be by far the
easiest way to do that. But limiting the amount of money that flows
to our congress in the form of campaign donations and lobbying doesn't seem
to be anything those on the right are interested in. Hey, I just
thought of a unique idea. How about they both compromise?
@FTRe: "Corporations are the new Kings and we their serfs"...Over-drama IMO.I asked for this job. I get paid very well.
I doubt the kings paid their serfs this well back in the day.I have
a nice house, new car, and well educated kids... he pretty much bought all of
that.... not ALL bad is it?==================================@ECR (about how well Socialism's working in
Norway, Sweden, etc)...I only have 200 words and I've used most
of them, so I'll give you a way to find and read these articles...Google "Dutch King Willem-Alexander declares the end of the welfare
state"...On national TV he declared, "the welfare state of
the 20th century is gone.... In its place a "participation society" is
emerging, in which people must take responsibility for their own future and
create their own social and financial safety nets, with less help from the
national government"... hmmm interesting...=============Google "François Hollande and the French Socialists: Failure
Goes Deeper Than the European Elections"... ============Google "Scandinavian Socialism Argument Debunked"...Addresses your talking-points...=========THEN... tell
us how great Socialism is working in Denmark, Norway, Sweden, etc...
Gee this all sounds very bad Mary. I guess we need to put the Democrats in
power in Congress and in the White House to solve these problems. Too bad
we've had the Republican Controlled Congress since 2007 and that Republican
in the White House since 2009 and they do nothing to change it......
Hey JoeCapitalist2 –“Take away the power of those
politicians to shower their donors with special favors and the "legal
bribes" will instantly dry up.”Oh yeah? How? Got any
specifics? How are you going to force powerful politicos to not
assert their power?No, the answer is to control the amount of
donations that can be made to political campaigns.We could start by
reversing our Right/Wrong-leaning Supreme Court’s ridiculous
Citizens’ United decision. But of course that will not happen until we get
rid of our Right/Wrong SC justices . . . And that will take time.
Hey 2bits -"So... what's the Solution?"The
solution is to apply some common sense and do what works. Forget about isms and
ideologies. And people who are terrified of the word "socialism" need to
get over it.And just DO WHAT WORKS. Embracing practicality is the
solution.Someone said we haven't had true capitalism for years.
That's true. We've had a mixed economy . . . Because THAT IS WHAT
WORKS.Pure capitalism ultimately weakens and destroys itself. A
truly competitive and energetic capitalism can only be sustained through the
assistance of government as necessary.And in the present reality
where our domestic economy is influenced so much by world competition, we need
to interject even more government influence and learn from best practices.
There's a lot wrong with the way the government interacts with
big business. We have been privatizing profits and socializing risks. Low corporate taxes are wise, but it would help hugely if we could get rid of
trickle-down economics (low taxes for the highest individual earners). That way,
we would be back to socializing profits a little bit more too . . . like we did
when this nation could pay its bills.
blackattack: "Any suggestions on how this will be possible when all the
politicians are taking legal bribes?"I already made the
suggestion earlier. Take away the power of those politicians to shower their
donors with special favors and the "legal bribes" will instantly dry
up.But limiting the power of government doesn't seem to be
anything those on the left are interested in.
Corporations are the new Kings and we their serfs. All supported by the very
people we elect. Look no further than the recent SC decisions by the right wing
idealogues. What politicans put them there and why?
This op-Ed was well written. Whether you are GOP, democrat, or neither, this
crony capitalism is affecting you. One thing that bothers me is that Walmart
has the most employees on Food Stamps. They have the profits to pay their
employees better but they choose to have the taxpayers pick up the tab.I am outraged at the stuff corporations get away with, and their influence on
government is one example. These corporate leaders sometimes end up as members
of a cabinet or other political body. I will agree with many of the comments
that perhaps the biggest improvement will come thru campaign finance reform. I
will happily pay taxes for a reasonable amount instead of let the government be
run by the corporations and for the corporations, rather than by the people and
for the people.Any suggestions on how this will be possible when all
the politicians are taking legal bribes?
JoeCapitalist2: "...if that same thing also benefits some wealthy person
even more, then it must be bad and should be eliminated."You
vastly oversimplify and misrepresent the income inequality issue. It's not
that a few people make more than others. There will always be rich and poor in
society; absolute income equality is never going to happen, nor is it even a
desirable goal.However, the growth of inequality in American income
distribution in the last few decades is disturbing to many of us. The ratio of
executive to labor compensation has swelled from 20-40x in the 1940s-70s to
300-400x now, all while worker productivity has skyrocketed and worker wages
remain flat (corrected for inflation) over the same time period. It looks like
all of the gains are going to those at the top while the labor producing the
wealth get crumbs. Some of us would be happy if shareholders spread the profits
around to everyone who contributed to making them rather than showering CEOs
with all the compensation. That way there will be more people who can actually
afford to buy the products. It's fine that some earn more, but let's
rein in the excess.
You are all wrong. There is nothing that can change a system when morals,
virtue, and integrity aren't taught and practiced. There is nothing that
can be done, including the awfully naive, or downright foolish, notion that
"Socialism" is the answer! Can anyone actually promote Socialism as a
means to "fixing" the inequities in our society? The only possible
solution to any method for fixing things is a return to the principles that
every stable society rests upon, morals, virtue, family, and liberty. If,
however, one is espousing one system that offers the most freedom, liberty, and
choice, and equality, then Capitalism wins it hands down. America hasn't
practiced Capitalism for decades. Instead, it is a fascist corporate Socialism
that has broadened that income disparity. Some foolish think that because
Germany practices Socialism (more like Corporate Socialism), that there
isn't any corruption, power plays, or fraud there. How foolish!
Schnee:Your argument seems to follow a common thread among the
"income inequality" crowd. It doesn't matter if something raises
the wealth and/or well-being of millions of people, if that same thing also
benefits some wealthy person even more, then it must be bad and should be
eliminated.Giving poor people access to affordable products that
improve their lives must be bad if a few Walmart executives get rich doing that.
Providing cheaper energy so that millions of people can live more comfortably
and get to work must be bad if a few oil executives make a lot of money.There are lots of problems with capitalism, but you have to address
those problems specifically. Calling X bad simply because providing X benefited
one person more than another, is wrong.
Keep in mind -- The right-leaning Supreme Court has just given full
Constitutitonal "rights" to these same Corporations.Corporations who do not even have to be AMERICAN.I applaude Prof.
Barker for speaking the truth on this matter of how these Master Mahan Gadianton
Robbers who are all about "gain" have now taken over the handling and
managing of our Government.
2 bits said, "Marxist says "what's the fix? Socialism! Not just for
big capital, but for everybody... But we know that has failed every time
it's been tried."Do we? The government of Norway and
Sweden are officially capitalist by definition but they incorporate many
socialist programs in the economy. And many of the countries in the European
Union do so to a lesser extent. Yes, we can all point to the problems of Greece
over the last many years but wasn't it another of those socialist leaning
nations (Germany) that helped to prop up their economy?And, if truth
be told, our own country has many socialist programs as well. This essay today
points out a few of those programs that have helped only the rich and powerful,
but they are, nevertheless government sponsored largesse provided to the wealthy
and not the folks who need it most.Pure capitalism. Show me where
that had worked.
@a_voice_of_reason"Keep in mind, don't we benefit from the use of
these corporations cheaper products?"Considering the increasing
wealth and income disparities over the past 35 years it would seem to while we
may benefit as consumers from some of those things, it is those at the top of
the income distribution that benefit the most from the current system.
I didn't gather that the author was asking for socialism; rather, I
understood her to be asking for a fair fight. The presence of your big box in my
neighborhood isn't so wonderful that I will do anything to keep it,
including letting you off paying taxes. The small store in my neighborhood plays
fair by employing local people and paying local and other taxes. Lobbying
is one of the most disturbing thing this country allows. Why don't we just
say what it is? It is bribery to the politician who passes the bills the
industries want passed.
The problem is that we trust our politicians to protect the interests of the
public, but they are on the "take" for large "donations" from
these very people. Just look at how Enviroteck (sp) stores nuclear waste from
eastern states here in Utah, and guess who is one of the biggest political
contributors is in Utah! They all have their slimy hands in the tax till.
While the author gives many compelling arguments and figures - which are not to
be ignored - one must remember that she is addressing one side of an issue. Keep
in mind, don't we benefit from the use of these corporations cheaper
products? Otherwise how would they make money? Don't we benefit from the
jobs they provide to ourselves, our families, and neighbors? Don't we
benefit from their profits due to our sliver of ownership held in our 401k
accounts? Also, she attacks them for having not paid taxes from 2008-2010, but
still lobbying congress. Remember in during that time period the government
(Obama) passed a tax law allowing all companies to deduct the full cost of their
investments (in equipment, buildings, etc.) in full in the year of purchase
instead of over a period of time (3-30 years) as the law is typically. So, these
companies didn't PAY taxes those years due to investments, but still showed
profits because those investments aren't expenses. They will end up paying
the tax over those future years when that deduction they would have had has
already been used. (Yes - I'm a CPA - this isn't just spin)
So... what's the Solution?Marxist says "what's the
fix? Socialism! Not just for big capital, but for everybody... But
we know that has failed every time it's been tried.Mary seems
to want us to become more like Socialist-leaning Spain where she teaches
(Hint... Bankrupt)Google "2008–14 Spanish financial
crisis" or "Spain Economic Crisis"...Even the Huffington Post
acknowledges that their economy is in crisis...I don't think
Socialism is the answer... maybe there's an answer that doesn't
require overwhelming our government with demands for handouts to the point that
it collapses and the people revolt and demand the Government give them what they
need to live, and adopt a standard of living that is below what Americans enjoy
today (even below what poor Americans have today).Usually Capitalism
is the answer to Capitalism's problems (Hint... government handouts to
corporations is NOT "Capitalism", that's Socialism). Maybe what we
need is more Capitalism in America (less Government intervention and handouts to
companies that donate to them)... Not Socialism, Marxism, or Communism...If you can show me where these have been the answer and it worked
long-term... maybe I'm wrong...
John:That's the best defense for the current system you can
come up with? Please try harder. I've lived in Germany. They would be
totally surprised at your depiction of their very successful capitalist society.
They believe they have more freedoms than we do because of how their government
operates. Look at how they distribute wealth and how they control their
corporations. You could learn a lot. Our politicians could learn a lot.
Conservatives love to toss around the loaded term "socialism" as if they
actually understand what it means. They don't.
JoeCapitalist2 nailed it. Restricting campaign donations would not address the
problem. The problem is that government is prostituting itself and corporations
are buying. It's government that needs to be cleaned up and put back in its
The main problem is the government. If the government restricted its duties to
those enumerated within the Constitution, it would not have the power to grant
so many favors to big businesses.Why would big business donate tons
of cash to political campaigns if elected officials would not have the power to
"return the favor" once in office? Answer: they wouldn't!The only way to stop the corruption is to cut off much of the power currently
wielded by government. Liberals want everyone to believe that this problem is
caused by conservative support for big business. I think much of the blame falls
on liberal support for big government.
This is an EXCELLENT op ed!Unfortunately, it's true.
JoeBlow said: "Ok, so the article details out the extent of what is
happening. Title: What crony capitalism really looks like’"I don't think it is a revelation to anyone." I do. I
talk to many radio fans who complain about welfare queens, but completely miss
the real culprits and abusers who profit greatly for the bribes they pay.
They've gamed the system. Big Oil's lobbing was so good they were
embarrassed they had to pay so little for the BP disaster.How about
an article on how to fix it? I hoping for a part 2 too. Your Ideas are
good but how are we going to get these yahoo's in office to vote for not
being bribed, in or after (see shurtlef) they've served? (themselves)
re: Irony GuyAnother example would be those bastians of capitalism
& conservative "values"; Duck Dynasty who get subsidies for their TV
show.to JCSHow then would Mary differ from a large
JCS said, "Perhaps Mary would be more satisfied if America becomes just
another European-style post-Christian socialist state. Then she can have her
every want and need provided by the government."The evidence she
has presented (just imagine how much she had to leave out) shows that she would
have to become a member of the privileged, wealthy class for the government to
provide her every want and need.
There's another form of 'crony capitalism" that's even worse
-- the vulture capitalism where people/companies buy companites that are
struggling a bit but have strong assets, excessively encumber those assets, drag
the company down while imperiling workers' jobs, compensation and pensions;
and vinally either drive the company into bankruptcy or "kill" the
company by sending the assets and jobs overseas while shutting down the
in-country operation. At each step of this process, the vulture capitalist
rakes in obscene amounts of money for himself and his company. One example --
just days before the 2012 election, Romney's "past" operation did
just that while Romney was promising to create in-country jobs. The workers
from the company being out-shorted (Google "Sensata" for full
particulars) begged Romney to stop the process or, at the very least, meet with
them so they could present their case to save their company and jobs. Romney
wouldn't even meet with them. That's vulture capitalism at its worst.
Ok, so the article details out the extent of what is happening. I dont think it
is a revelation to anyone.How about an article on how to fix it?I only see one way. Restrict lobbying and campaign
contributions from unions and big business. Heck, restrict them for
everyone.Make the amount of money a union, corporation or private
individual an insignificant sum.That will fix the problem.This would have to be a bi-partisan, grass roots effort. Our politicians will
not do it on their own.
This is what happens when government goes up for sale.Both locally
and nationally. I mean, look at what happened over the past few years at our
AG.But what can you do when activist Supreme Court justices declare
bribery a form of free speech?
Perhaps Mary would be more satisfied if America becomes just another
European-style post-Christian socialist state. Then she can have her every want
and need provided by the government.
I recently saw a t-party presentation about an Idaho potato farmer whom they
tout as a model of "self reliance." He's waving the t-party flag,
"Don't Tread on Me," "Get US out of the UN," etc. ad
nauseam. It took about 3 minutes on Google to find out this very
same potato farmer gets about a half million a year in subsidies from the
Federal gov't. He's a welfare queen who makes the average food-stamp
recipient look like a piker. The Cliven Bundys of the world are also
"crony capitalists" who take from the rest of us.
Wonderful piece that captures the essence of our country today. In our haste to
judge and condemn the 47% who are supposedly "takers," we forget that
the biggest "takers" are the corporations and their leaders who show no
loyalty to local communities but threaten to take jobs away unless they are
accorded special privileges and incentives no one else could obtain.Then they turn around and use that money to influence Congress and local and
state leaders to pass more laws benefiting them. It's why
multi-millionaires can pay a lower tax rate than teachers and police officers.
It's why they can write off their jets and dressage horses. It's why
all kinds of regulations and laws that would protect the little people have no
hope of passing.This isn't a democracy. It's an
And then there are the sports stadiums, privately owned, but paid for by the
"fortunate" communities in which they reside. Nice.IMO, one
way to fight back is to support politicians who will commit to changing campaign
financing laws. Public financing will help wrest some of the power from the
clutches of The Entitled Class.
American corruption is "moral"; at least that is what conservative,
corporate America would have you think.
As always, Ms. Barker provides us with compelling evidence of how the wealthy
class have been the takers over the past decade rather than the image that most
of that class would have us believe. And yes, the guilty parties of who has let
this happen are on both sides of the political aisle. But I find one of her
paragraphs particularly telling when she says:"A recent study
found that between 2008 and 2010, 30 of the largest American companies paid more
to lobby Congress (about $400,000 per day, including weekends) than they did in
federal taxes. In fact, only one of them actually paid federal taxes, despite
the groups’ combined profits of $164 billion. Not surprisingly, they also
financed federal campaigns."Now ask yourself, whose campaigns
have benefited from that financial support? Answer that question and
you'll find the source of the problem.
There is a temptation, and a well-deserved one, to pile on to the recipients of
corporate welfare. But that's like blaming the alcoholic for giving in to
an offer for unlimited free booze at a party. Who's providing the booze and
who's turning a blind eye to the drunken state of the patrons? Don't
these people understand how much damage these inebriated beneficiaries can
inflict on the general public? Yet, when they do cause harm, they're patted
on the head, given a wink and a finger-wag and sent on their way. Who's
more at fault?
So what's the fix? Socialism! Not just for big capital, but for
everybody. There must be a revolt of some sort, else the status quo cannot be
altered. Perhaps the revolt will come with the next collapse (not if, but