If you are like me, you get burned up at the thought of your tax dollars going to line the pockets of some corporate fat cat who is already as rich as sin. But there is something much worse. I am referring to
Foreign Corporate Welfare Queens---corporations in other countries that get rich by bribing American politicians.
What? You say that’s illegal in the United States? Silly you. The law got changed last winter. You probably didn’t notice, because Congress did not craft that nasty little piece of legislation. Our Supreme Court did.
We were warned. Back in January, Ellison Elliot wrote about how the Supreme Court verdict in Citizens United vs. FEC would open the floodgates to foreign corporate money in U.S. elections.
http://globaleconomy.foreignpolicyblogs.com/2010/01/31/high-court-allows-foreign-campaign-finance/Groups like the U.S. Chambers of Commerce are keeping their lips sealed tight. No one will admit to spending foreign money to get Republicans elected this fall. The GOP campaign slogan this year is “Jobs and Freedom.” But what kind of freedom do we have if our government is controlled by a bunch of
foreign CEOs, who are only interested in scamming a quick profit off the American people? They will not invest in the U.S. These guys are patriots---of other countries. They will take that money home and invest it in Great Britain or China or Saudi Arabia. They will create jobs---overseas.
What happens to our infrastructure when all our wealth is gone? What happens to our kids’ future? Will they be forced to pay foreign brokers thousands of dollars to smuggle them to Dubai, where they can find work as cheap, exploited foreign labor? Will foreign companies buy a U.S. president, who will turn the military against U.S. citizens in order to protect foreign investments on our soil? Will foreign corporate CEOs give a damn what we think about their greedy ways? Hell no! We will be the cattle on which they feed and grow fat, and few care what a cow thinks as it is led to slaughter.
A lot of folks think it is patriotic to support Big Business. They assume that American CEOs want what is best for America. Sorry to burst anyone's bubble, but the corporate fascist coup is not being sponsored by home grown apple pie and mom
all American corporations. Corporate fascism does not support the state. It considers itself larger than any state. Hitler and Mussolini rose to power with the support of multinational firms---some of them located in the U.S. Now, democracy in the U.S. is under attack by multinational corporations---many of them located in other countries.
No one knows for sure which foreign companies are taking advantage of the Supreme Court’s democracy bashing ruling, but here are some educated guesses:
Big Pharm If you read my journals, you may recall that 6 out 10 of the biggest drug companies in the United States
are not headquartered in the United States . That means 60% of the drug company welfare known as Medicare Part D is going to foreigners---who use the excess profits they generate here to subsidize lower drug prices at home. That makes them national heroes in places like Great Britain. And it makes them steak chomping, Cadillac driving welfare queens in the U.S. Estimated cost of Medicare Part D to the U.S. over the next ten years---over $700 billion. That means foreign companies may be making as much as $400 billion.
Saudi Arabia’s Aramco, the biggest company in the world. For a while, the Saudis were living large. They owned a U.S. president---or, at least his dad. Their men in the White House, Bush and Cheney allowed speculators to push oil prices so high that other domestic industries, like transportation, manufacturing and retail suffered. Jobs were lost. People had to cut back so that they could fill their gas tanks. At the same time, they were able to stifle alternative energy development in this country. Saudi Arabia wants us dependent upon their oil until the last drop is finally pumped from their wells----in about ten years or so. And, they want to make the maximum possible profit from their dwindling oil supplies. Imagine how much more money they could make if U.S. lawmakers enacted policies that doubled oil prices again?
Wall Street . Yeah, I know that there is a place called Wall Street in New York. But the cabal of bankers and investors that we call
Wall Street are multinational, with branches in Switzerland. Great Britain, Japan and other countries. If the United States goes down the toilet, because there are no jobs, no houses, no retirement income, no health care, the Banksters could care less. They can all move to Great Britain, where they will reap the benefits of the National Health. So what if Americans run out of money to invest? This is a great, big world, and there are plenty of foreigners lining up to buy the houses from which we are being (illegally) forced.
Next, take a peek at this site called
“American Chamber of Commerce in Kazakhstan”, which claims to represent “nearly 200 member companies including US, multi-national, and local businesses in 30 industry sectors”.
http://www.amcham.kz/ Why Kazakhstan? Forget Borat. The country of Kazakhstan is super rich in oil and gas.
A whole lot of world corporations desperately want to build a pipeline across Afghanistan. That is the real reason we are fighting a never ending war in that country. And corporate welfare spent on war is worse than paying someone to eat steak. It is like paying someone to eat boiled babies. Congressional Democrats are starting to get the message. Voters do not want to spend their hard earned tax dollars killing people in other countries. If I were a member of the so called “American Chamber of Commerce in Kazakhstan” I would want to see a more business---and war---friendly party in power in the U.S. Congress.
More foreclosures, more sickness, higher oil prices and more war---that is what foreign investors in this country want. And now the Supreme Court has given them the ability to buy those things directly, from elected American officials. All they need is some front organization with a super patriotic sounding name---like U.S. Chamber of Commerce---to funnel their bribes for them. Keeping American elections clean from foreign money should be a priority for the Department of Justice, because we all know from Bush-Cheney how impossible it is to dislodge the traitors once they get into office and take charge of the American election system.