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IPFS News Link • Politics

American Politics: Owned by Transnational Corporations

• http://www.prisonplanet.com

After watching the video below, Dr. Paul Craig Roberts, the former Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal, wrote there "is nothing more corrupt than 'democratic capitalism.' Americans live in the most corrupt political system that has ever existed."

The six minute video, produced by an NBC affiliate in Atlanta, is a rare piece of investigative journalism covering meetings held by the American Legislative Exchange Council and corporate executives at posh resorts where legislation favorable to corporations is hammered out behind closed doors.

According to its website, ALEC "works to advance the fundamental principles of free-market enterprise, limited government, and federalism at the state level through a nonpartisan public-private partnership of America's state legislators, members of the private sector and the general public," when in fact it is little more than a bill mill controlled by corporations.

Liberals have criticized ALEC because it is supposedly "conservative." However, liberal Democrats are owned by corporate and financial interests as well. At the top of the list is New York Senator Charles Schumer, a permanent fixture in Washington (two terms in the Senate, nine in the House). He defended Wall Street and the financial class right up to the 2008 crash and has raked in more cash from the banksters than any other member of Congress. Senator Harry Reid, the Democrat leader of the Senate, is on the take by casino and gambling interests, while Senator Barbara Boxer (who recently said she feared for her life from Bernie supporters) is owned by transnational entertainment corporations such as Time Warner and Disney.

A d v e r t i s e m e n t

It is common knowledge Hillary Clinton takes millions from Citigroup, Goldman Sachs, Time Warner, JP Morgan, Morgan Stanley and other financial class and corporate interests—in addition to the money sucked up by the Clinton Foundation—but despite this public knowledge, Clinton hits the campaign trial declaring "If I become your president, I will be your champion in the White House—and you will have a seat at the table." Of course, she made this "promise" to union workers controlled by corporate unions little different than the corporations they supposedly oppose. Few buy such empty rhetoric beyond easily fooled Democrats and the Communist Party USA. For some inexplicable reason, a large number of working class Democrats have completely forgotten that Hillary's husband sold them down the river when he negotiated and signed NAFTA.


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