Edwynn
Posts: 4105
Joined: 10/26/2008
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~FR~
Good subject that, entitlements, subsidies, etc.
The largest corporations have worked hard in lobbying and putting their people in the right spots in the 'regulatory' agencies, for years, and after all that hard work and expense, they deserve the rewards, wouldn't you think?
Hitting the jackpot, the oil industry succeeded in combining the largest two companies into ExxonMobile, followed by the third and fourth largest, Chevron and Texaco, all running roughshod over previous notions of anti-trust regulation and constraint of monopoly power via greater competition. After that, seven of the top ten most profitable companies were in oil, for some years, and the financial 'industry' accounted for more than 40% of the US GDP in the years leading up to the bust. Oh, what a boon to society and the well being of the country that was.
Well, if the world's post profitable (essentially, by definition, oil) company, by more than twice number two Microsoft doesn't deserve every tax break, oil depletion allowance, exploration scam tax write-off ( which can pay 7% return to the investor, directly from the treasury, even if no oil found), and a plethora of other 'considerations' from the government, then who does?
If those freaking poor people want more from the government, well they can just damn well pony up the hundreds of millions that the pharma, agro-chem, oil, and of late most conspicuously, the finance industry, to "get theirs" from the US treasury, (well into the $trillions), they can just hire their own lobbyists and put 'their guy' into the vice presidency, and the defense secretary, and the secretary of the treasury, and the heads of all the regulatory agencies, just like Goldman Sachs and everybody else (who has multi-millions) does.
If the poor can't afford the many millions that it takes to get heard in this country, then they are just too lazy to do it. We know that much, because the mega-conglomerate media have been blasting it into our ears ever since the media regulations got relaxed to the extent that we went from 50 companies owning the largest media markets in 1980 to now just 6 corporations owning nearly all media... such who just so happen to have large holdings in oil, finance, pharma, agro-chem ....
Like I said, if the poor feel themselves to be under-represented ... this ain't 1776 anymore.
If the lower, middle and upper regions of what was considered the "middle class" want themselves heard, ... tough luck. Hhard to buy a politician while dealing with a foreclosure or short sale. "Sucks to be you" is what we've been taught. Look the other way, lucky it was them instead of me, etc.
You want it ("democracy")? You buy it. If you don't have the money for it, it's only because of your laziness and lack of initiative. Somebody bought more government than you or your company did. You got out-bid. Sucks to be you, good luck with the short sale.
You can vote for one guy's assemblage of corporate designates, or the other guy's assemblage of corporate designates, because that's all we have now.
Good luck, folks
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RE: How will the left react, if Obama loses? - 
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