Thursday, October 7, 2010

Robert Reich on Secretive Billionaires

Here is the opening bit from another excellent post by Robert Reich on his blog:
Not only is income and wealth in America more concentrated in fewer hands than it’s been in 80 years, but those hands are buying our democracy as never before – and they’re doing it behind closed doors.

Hundreds of millions of secret dollars are pouring into congressional and state races in this election cycle. The Koch brothers (whose personal fortunes grew by $5 billion last year) appear to be behind some of it, Karl Rove has rounded up other multi-millionaires to fund right-wing candidates, the U.S. Chamber of Commerce is funneling corporate dollars from around the world into congressional races, and Rupert Murdoch is evidently spending heavily.

No one knows for sure where this flood of money is coming from because it’s all secret.

But you can safely assume its purpose is not to help America’s stranded middle class, working class, and poor.
Please go read the whole post. Hopefully it will open your eyes to the depth of corruption in the American political process.
In the meantime we face an election that marks an even sharper turn toward plutocratic capitalism than before – a government by and for the rich and big corporations — and away from democratic capitalism.
Reich offers an 8 step program at the end of his post to counter this corruption. Hopefully this will galvanize enough people that they will take those 8 steps.

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