Blog Center: Kurt's Blog - Archived Entry
Corporate Gift or Econmic Fascism? - October 14, 2004
On Tuesday, Corporate America received a huge gift from Congress as they get ready to hit the campaign trail for the November 2nd election. What was originally designed as a bill to correct industry subsidies on which the U.S. had been cited turned out to be a $140 billion give away to Corporations and their lobbyists.
How ridiculous was this bill? Well leasing businesses of aircraft and vessels received $995 million, NASCAR received $101 million and a special provision was provided for General Electric (owner of NBC). You can read about some of the other blatant gifts to Corporate America at Taxpayers for Common Sense
Two thoughts come to mind when I read about this kowtowing to artificial entities (corporations) as we continue to burden the middle class in America:
1. We need campaign finance reform more than ever in this country. Corporations should no longer control the political agenda that affects the working people of this great nation.
2. Under Bush, our country now appears to be further down the road to economic fascism,a merging of political and corporate power and interests, than ever. In the article "Economic Fascism", Thomas J. DiLorenzo wrote: “One of the most outspoken American fascists was economist Lawrence Dennis. In his 1936 book, The Coming American Fascism, Dennis declared that defenders of "18th-century Americanism" were sure to become "the laughing stock of their own countrymen" and that the adoption of economic fascism would intensify "national spirit" and put it behind "the enterprises of public welfare and social control." The big stumbling block to the development of economic fascism, Dennis bemoaned, was "liberal norms of law or constitutional guarantees of private rights."
Those of us who so fervently believe in the liberal norms of law and our constitutional guarantees must work harder than ever to ensure we impede the progress of a corporate fascist state. The work begins on November 2nd and must continue from there!
// posted by kurt at 09:42 AM
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