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It's official. Corporations have ZERO control over the economy.

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leftyandproud Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 07:15 AM
Original message
It's official. Corporations have ZERO control over the economy.
Well, as much as I'd like to believe the conspiracy theories that corporations rule the world and control everything in life, a few simple facts should prove that they don't.

The DOW is sitting at a one year low.

OIL is hitting at an All-Time high.


If Bush is really a puppet controlled and put in place by corporate masters, either they cut the cord long ago, or they really have no control over what happens with our markets.

If they could really control things so easily, they would have knocked prices down on everything for consumers, and inflated their stock prices (your 401k's) to get Bush re-elected.

They haven't. In fact, they've done the opposite.
If you still believe that corporations have the ability to control the economy or influence elections, and that they are in bed with the GOP, can you please explain why they are doing everything possible to help elect KERRY?
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StClone Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 07:27 AM
Response to Original message
1. Then why does Bush claim
Edited on Sat Oct-23-04 07:30 AM by StClone
His tax cuts help stimulate the economy?

On edit:

He offered the Corps hundreds of billions in tax cuts yesterday.
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DebJ Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 07:42 AM
Response to Original message
2. two reasons: first, they find it amusing how ignorant the bulk of
the American public is. Second, this is part of the plan to destroy the American middle class. They have to make as much progress as they can before the elections, just in case we wake up, get off our butts, and actually vote for a change.

I don't think stock market prices really affect big corporations in the LONG run. If you buy stock and keep holding it, you will gain again. It is only those who can't afford to hold it...like the bulging retiree population...who get hurt.

The Walmart heirs, worth about $20 billion dollars each, don't give a damn about the current price of oil or stock prices. They are insulated. They will survive, and survive well, no matter what. When we can't afford to heat our homes or drive our cars, what will that really matter to them? The ultimate goal is to have the super wealthy like them, and the rest of us working for less-than-inflation-adjusted minimum wage. Why? Because they are ENTITLED, and we are not.
They own Congress lock, stock and barrel. The President is easily enough 'managed', no matter who he is.

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Wright Patman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-23-04 08:00 AM
Response to Reply #2
3. Feudalism
is where we are headed. Those "to the manor born" will notice no difference. They will actually enjoy the fact that they will no longer rub elbows, even occasionally, with the teeming masses who will no longer be able to travel anywhere.

I don't whether it was planned or not, but it's happening. Advocates of the "global economy" and its "inevitability" who worship at the altar of their false religion of "free trade" have a lot to answer for. Unregulated worldwide capitalism made this outcome very predictable.
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