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Did the HC reform debate show us all the need for government to bust mega-trusts?

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Union Yes Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-25-10 05:20 PM
Original message
Did the HC reform debate show us all the need for government to bust mega-trusts?
The Health Insurance industry and lobby showed us that they have POWER and influence that we the little people simply DO NOT HAVE.

When corporations have the financial strength to influence political policymaking and regulatory authority or when corporations crush their competition ruthlessly, when they gain control of a market and hold the competitive advantage, it then becomes time for government to step in and use anti-trust authority.

The following are some examples of mega-trusts, monopolies, and gigantasaurs that have grown out of control, above the reach of government regulation. It should be clear to everyone by now just how influential the following examples have become.

The following literally own our government and policymaking...
Corporate nationwide radio and TV media.

Big Oil.

Big Pharma.

Big "Defense".

Big BANKS.

Big "Health" Insurance.

Cable TV/Net monopolies.

Food Inc.(Not the documentary, the industry.)

Corporate Mega Farming.

Mega-Retail. Walmart.

Big Box superstores. (Home depot, Lowe's, Sam's)

These are just off the top of my head. Feel free to reply and add your own. What'd I forget?

These mega-corps often crush everything in their path as they march toward total domination of their market. They leave a path of destruction in their wake. Closed mom and pop shops and small business that can no longer compete.

Gone..
Almost every mom and pop shop.
The family farm.
Sustainable rural America.
For far too many, the American Dream.

Corporatism is driving urban and suburban decay. Our corporate overlords are bent on busting American wages down to well below poverty levels. What some of us call wage-slavery. When Americans won't take a pay-cut, their jobs get outsourced to China, India etc where American mega-corps can pay workers a slave level wage.

Mass job outsourcing has left American cities in ruin or crumbling into a state of ruin.
Detroit. Nuff said.

Outsourcing of so many good paying jobs. Perhaps 40 million American jobs, good paying jobs too-gone to China, India etc.

Unmitigated and unregulated corporate power.
Corporate overlords asked to self-regulate.

How's that workin' America?

TRUST-BUSTING MITIGATES POWER.

Trust-busting creates a healthy competitive business environment where many, including small business, can compete. Instead of a few giant mega-corporations.

The Health Insurance industry has used it's anti-trust exemption to plunder America. But it doesn't just require an exemption for a mega-corp to plunder. A corporate protectionist government can be just as rotten as a anti-trust exemption.

Reagan, Bush41, Bush43 were rotten corporate protectionists. They sacrificed the middle class and poor while empowering corporate America.

We elected Obama to be a man of the people. To change the disgraceful direction that America has headed toward the past 8 years. Off a cliff. The President has his hands full. No denying that.

Will change ever happen as long as corporations are calling the shots? Some of these mega-corps almost seem more powerful than our government. That's part of where trust-busting comes in.

When corporations grow out of control and become politically influential or when they crush all of their competition and destroy small business competitors, it is time for government to use it's trust-busting authority.

Mr President, the health care reform debate showed Americans the need to repeal the health insurer anti-trust exemption. It also showed America the need for government to put an end to corporate influence and corruption of the political process.

It is time for government to use it's trust-busting authority. Can it be any more obvious?
Bust the trusts!


:patriot:
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Deep13 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-25-10 05:21 PM
Response to Original message
1. Well, I already knew that. nt
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FarCenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-25-10 05:22 PM
Response to Original message
2. Trusts should be heavily taxed and regulated, not broken up
Edited on Thu Mar-25-10 05:23 PM by FarCenter
Breaking up trusts is like thowing water on the mogwai.
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hulka38 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-25-10 05:33 PM
Response to Original message
3. So many DUers seemed to down play the role of corporate influence in the HCR
process. People don't want to acknowledge how powerful the corporations are in determining policy on the Democratic side of equation. I would not have expected this on DU. That's one of the things that disappoints me most.
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