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October 11, 2009

The best oligarchy money can buy

Filed under: Uncategorized — Greg in cheeseland @ 7:25 pm

Excerpt:
It is common knowledge that a lot of members of congress are bought and paid for. The real story is about the ones that are not. The path to Mussolini-style facism does not start with socialized medicine or welfare programs, it starts with corporations dictating government policy.

Representatives Ron Paul, Alan Grayson, Maxine Waters, Dennis Kucinich, Marcy Kaptur and Brad Sherman have received little or no money from “too big to fail” banks.

On the other hand, lobbyists from the financial industry have paid hundreds of millions to Congress and the Obama administration, and have bought virtually all of the key congress members and senators on committees overseeing finances and banking.

History has shown that countries get into desperate economic situations for one simple reason: the powerful elites within them overreach in good times and take too many risks. Governments and their private sector supporters that run a country like a profit-seeking company in which they are the controlling shareholders start making bigger and riskier bets that eventually create a downward spiral that leads to collapse. Political connections allow the ruling elite to push onto the government any substantial problems that arise.

Read more here: http://www.examiner.com/x-23316-Madison-Independent-Examiner~y2009m10d11-The-best-oligarchy-money-can-buy

1 Comment

  1. So what do we do about it?
    No money = no heat, no food, nothing….
    I’d love to do something besides vote…most voting is fixed anyway; the only people who get to run are those approved by the party…

    Comment by Sel — October 17, 2009 @ 9:57 pm

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