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View Full Version : $189 billion in profits to buy elections, but none for jobs



Ferre
05-10-2010, 12:22 PM
$189 billion in profits to buy elections, but none for jobs peoplesworld (http://www.peoplesworld.org/189-billion-in-profits-to-buy-elections-but-none-for-jobs/)

Title says it all. :sqconfused:


America's corporations, awash with a record $189 billion in profits earned in the last business quarter, are spending their money not to create jobs, but to buy the midterm election next month.

Fuck that! I see why it is illegal in most other western countries for politicians to accept funds from corporations. :sqmad:

Ferre
05-10-2010, 12:25 PM
In my opinion Americans should change that, just as good as it is possible to enter propositions like Prop 19 in California on the ballot Americans should stand up and make corporate owned politics illegal.

Strong
05-10-2010, 12:43 PM
Aren't all donations required to be declared by the political candidates?

It would be interesting to see who is most desperate to curry political favour at the mid-terms.

Ferre
05-10-2010, 01:56 PM
Apparently some court recently changed that and corporations can now support politicians with unlimited amounts of money.

Ferre
05-10-2010, 04:04 PM
Related news; Secret donors fuel American Crossroads media buy - Kenneth P. Vogel - POLITICO.com (http://www.politico.com/news/stories/1010/43155.html)

vectro
05-10-2010, 06:15 PM
I'm pretty sure they have to disclose what money they receive from corporations most of the time. That's how Rachel Maddow and Kieth Oberman manage to report who's getting money from where. Only certain 501 non-profits are exempt from being disclosed. The NRA is allowed to donate to (Republican) campaigns anonymously, for example.

I still agree that corporations shouldn't own political campaigns. The only problem with that is the belief that in a 'free' America, corporations have 'rights' and are free to donate as they wish. Lobbyists and corporate political donations do, however, lead to private business agendas becoming public policy.

Not related to finance reform... but at least we have a government that wasn't afraid to bite back against insurance companies and banks trying to use the law to their advantage. Maybe the new reforms aren't perfect, but they're a start. It shows the leaders are not 100% in favor of business running the country.

Atom
16-10-2010, 07:29 AM
Holder promises to enforce U.S. drug laws if Prop. 19 passes - latimes.com (http://www.latimes.com/news/local/la-me-marijuana-holder-20101016,0,5547626.story)

pctec
16-10-2010, 09:13 AM
Hey man, got to have priorities!

Ferre
16-10-2010, 11:28 AM
Holder promises to enforce U.S. drug laws if Prop. 19 passes - latimes.com (http://www.latimes.com/news/local/la-me-marijuana-holder-20101016,0,5547626.story)

I wish him luck. Once that law has passed they simply do not have the manpower to go after all the folks that will start growing their own weed, and that will only be one of the many problems the feds will face once its passed,..if it passes.

Atom
16-10-2010, 11:46 AM
I wish him luck. Once that law has passed they simply do not have the manpower to go after all the folks that will start growing their own weed, and that will only be one of the many problems the feds will face once its passed,..if it passes.Not to mention the fact that only a tiny fraction of the ones that do grow their own now are even prosecuted, and there are a lot of them. Everyone knows cannabis prohibition is a lost cause, it's only a matter of a short time now I believe, maybe 10 or 20 years before it's legal in the country.

Ferre
26-10-2010, 07:21 AM
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