Wednesday, April 06, 2011

Jon Stewart’s Right On Corporations

"If we will not endure a king as a political power we should not endure a king over the production, transportation, and sale of any of the necessaries of life." —John Sherman
Jon Stewart is right. While demonizing unions Conservatives all too often over look the total destruction that Corporations have waged on the American economy and the American Middle Class (see 4:49min video)



I am not newcomer to the argument that Corporations are ungrateful, unpatriotic out of control entities that have abused America and the American people to maximize their profits. (see previous posts below)

Everything that is wrong in America today can be blamed on an out-of-control corporate environment that will do anything and everything for the sake of the bottom line. Profit!—Alaphiah (source)
***

America is bleeding.

For decades, American corporations without any fidelity to the country of their birth have been outsourcing the manufacturing base and economic infrastructure of America to India and China for slave labor wages and usurious profits.

At least since 1983 to 2004 2 million manufacturing jobs are estimated outsourced to foreign countries. The trend has not slowed and is not reversing in the years subsequent 2004 until now.—Alaphiah (source)
***

After U.S. corporations and Congress made China, an economic power China is returning the favor by joining Russia in an effort to crush the U.S. economy. If you have not noticed, China and India’s economies are on fire, which would not be possible without the explicit help of the U.S. Congress and U.S. Corporate enabling. (source)

***


However, what made America great Sen. Coburn was national pride, national sovereignty and national self-reliance. I do believe some call those ideas antiquated or by the pejorative, “protectionism” yet they were the ideas that once made this country great. And they are the only ideas that will return this country to its former greatness.

Sen. Coburn let us hear you reprimand disloyal Corporations that gutted the American economy of jobs for decades thus transferring the wealth of this country over to our enemies and to those who hate America. Let us hear you name them and their counterparts in the Congress.

Sen. Coburn let us hear you propose laws that will punish corporations that benefited from the security and resources of America while growing into some of the most powerful businesses the world has ever seen. These companies have now abandoned America by not paying their fair share of taxes because of tax loophole that you in Congress have provided. These companies are now enslaving low waged workers around the world with subpar payment for labor, which perpetuates the cycle of “rich getting richer and poor getting poorer.”

Yes austerity has already come to America Sen. Coburn but let’s be frank, this coming American poverty is not the American people’s fault, neither was it done by happenchance, no this transfer of wealth from the American economy was and is by design.—Alaphiah (source)

***


This is the death of the American Dream. Near 10% joblessness and no hope or change, propaganda can rescue this economy. President Barry Hussein Soetoro and Vice President Joe Biden announced this as the Summer of Economic Recovery; instead, millions of Americans have been out of work for more than 99 weeks and counting. They know we all know this is the end of American Exceptionalism; this is the end of the American middle class, as we know it.—Alaphiah (source)

***


I heard an argument the other day which thesis was that Business should be trusted over government. The idea being advanced was we need limited government on the one hand and free trade on the other in order for the United State to effectively compete in this global market. This argument was put forward by a very famous Conservative who is just as wrong about this topic as he is famous.

First, the question is not whether we can trust one, government or business, above the other we cannot. Both are equally worthy of our disdain. In this much, I agree with Sen. John McCain, corporate power should be curtailed.

What is clear is that our founding fathers had a disdain for government. What is apparently unclear is why they did. The founders realized that consolidated power in whichever form it took, government or religion, would be ultimately used against the people. What the founders did not see coming was the entity that we face, unregulated and unrestrained global corporate power. –Alaphiah (source)

***


President Barry Hussein Soetoro claims that America is going in the right direction when it comes to his vision of a new green economy.

So let me ask this simple question. If I could show you how to make $1,000 extra dollars a week, only one small thing, it would it cost you $2,200 dollars every time you made a $1,000. Would you consider that a good deal? No if you’re smart, you wouldn’t.

Yet this is the deal what the president of the United States of America is offering America with his Green jobs economy. The president Soetoro has claimed that Spain is the paradigm in creating good green jobs. It is in the direction of Spain that he plans to take America. But according to a recent Spanish report on green jobs and renewable energy their tax payer subsidized green jobs efforts are unsustainable –Alaphiah (source)

***


It is my contention that everything wrong with America today can be traced to unpatriotic corporations that have exported middle class jobs, paid no taxes and undermined the U.S. government in the name of tyranny of the bottomline.

9 comments:

  1. Well I say that businesses had to find a way to survive with the Government trying to crush them on every side with taxes and regulations. Unions to screw them and environmentalists to lie them in knots. The problem with people is that the tighter you try and bind them the more they look for a way to slip through your fingers. Businesses are not some new kind of animal they are people, people who want to succeed at something. There are reasonable tax burdens, and environmental and worker protections. But then there are the ridiculous regulatory and predatory environments we have allowed to be created in America. Get down from the podium, business is not the problem, Government and the Nanny State philosophy are the problem.

    ReplyDelete
  2. Reading, reading... hmm, not bad... oh, what's this?

    "Barry Hussein Soetoro"

    So, you're a retard. Carry on then.

    ReplyDelete
  3. Anonymous12:15 PM

    No, business is the problem. All those piles of regulations exist because some business found a way to skirt the previous set of regulations. Rules were written to solve problems, problems caused by people working for business.

    We need all sides, government, business, and labor, but the balance of power cannot tilt to far in any one direction. Right now, it's knocked over completely in favor of large businesses.

    ReplyDelete
  4. ratpyan you might have a point, but for the fact that corporations are posting record profits. This year and for the past 30 years they've seen their profits grow immensly.

    In fact the US economy has grown more than double its size in the past 30 years and we are by far the richest economy in the world.

    And yet our corporations and super rich are not struggling. Only the middle class is struggling. And if you think our tax policies are so out of control what do you say to the fact that GE and Exxon paid no federal taxes last year whatsoever?

    In fact 57% of businesses paid no taxes at all last year. Maybe you should stop listening to the corporate sponsored talking heads on the right and do some actual research of your own.

    http://www.reuters.com/article/2008/08/12/us-usa-taxes-corporations-idUSN1249465620080812

    ReplyDelete
  5. Anonymous12:56 PM

    ratpyan, while many, possibly most, -- but certainly not all -- unions exist to bleed their host dry, they can not be blamed for what many non-unionized corporations have done. Nor can government regulation or environmentalists. I can name a few off the top of my head that face little or no pressure on these fronts and have been exporting jobs overseas for years and years, and shedding jobs in this country (even to their own detriment) at a fast pace. These aren't companies that are in trouble, far from it, they are producing strong (even record) profits during our current recession.

    I'm not anti-corporation (hell, I'm not even anti-greed) but there comes a point when the situation goes from wake-generating (which is beneficial) to toxic blood-from-stone squeezing. I know it's a cliche to say that 'corporations demand loyalty and give none' but, while not applying to all corps, it applies to far too many for our middle-class to survive much longer.

    ReplyDelete
  6. Anonymous2:41 PM

    The problem is not "business" but an unaccountable and often parasitic management culture that produces unaccountable and parasitic managers.

    When the corporate managers at BP decided to skimp on basic safety they were comforted by the fact that, if it went well, they would personally collect bonuses from any "profits" yielded by the savings but that the BP stockholders would be paying any fines and compensation if it went badly. We all love "Heads I win. Tails you lose" bets if we are the guy who wins on heads.

    This happens all over. Managers make decisions designed to boost their own short-term compensation while passing liability for their actions onto stockholders and, sometimes, taxpayers.

    One simple way to reduce this is to reduce this immunity. Thieves don't get to keep the property they bought with stolen money because we recognize that it was never really his property. Why don't we make the same rule apply to things like financial fraud. If a man's income came from bonuses earned participating in fraud, even as a member of an otherwise legitimate corporation, then it is stolen money and he doesn't not really own, or have any right to, the property he bought with that money.

    ReplyDelete
  7. Anonymous5:00 PM

    One thing to keep in mind is that America is not Business Friendly, but Corporate friendly.

    Much too often I find Republicans that mix up a love for Capitalism, with a love for corporatism. Adam Smith himself would look at our economy and weep.

    Corporate interests need to be reigned in and smaller, more diverse business promoted.

    Having all your eggs in one basket leads to bad things in every and all human institution, always. Large, powerful corporations denominating the market is no exception.

    Policy should be favoring and promoting the small and medium ventures, while deterring the largest for all but the most essential (Energy, National Security, ect)

    ReplyDelete
  8. Let's not forget the parasites on Wall Street and the banking cartel known as the Federal
    Reserve Bank.

    All of the above are the puppetmasters of
    "Barry Hussein Soetoro".

    ReplyDelete
  9. America is really bleeding. They are still growing up now a days. All the down stairs are off for US now.
    -IT outsourcing Los Angeles

    ReplyDelete