Beyond Tea-Party Somnambulism!

Posts tagged ‘plutocracy’

Andy Harris: Supporting Wealthy Corporatists

I never bought into Oliver Stone’s version of the Kennedy assassination; I disagreed with those who thought Bush was involved in ordering the 9/11 disaster, and I never gave a second thought to those who believed the US moon landing was staged in New Mexico. However, I have come to a startling realization: wealthy corporatists want to destroy the Middle Class in America!

I used to think it was unlikely that corporations wanted to hurt their consumers…after all, who would buy their products?  Sadly, my ‘aha’ moment came after researching jobs outsourcing and its impact on corporate profits.  I was shocked at the rate of increased profits from China, India and Latin American countries, fueling the next generation of growth, all supported by Andy Harris and other Tea Party faithful. Profits, coming from overseas sales, made by overseas factories, employing overseas workers!

Harris (R-MD-1st) says “Yes” to the wealthy corporations, but “No” to his constituents on jobs, the environment and workers’ rights!

From the June 2011, US News & World Report, “…about 40 percent of profit for firms listed in the S&P 500 stock index (are) now coming from overseas. These same corporations “keep certain profits overseas to avoid paying U.S. taxes on them.”

According to the US News article, here’s a breakdown of foreign profits from just 5 of America’s largest corporations: Exxon-Mobil, 45%; GE, 54%; IBM, 64%; Dow, 67%; Intel, 85%.  Any wonder why the US corporate community cares little about the American worker…the majority of the American Middle Class?

When the American Middle Class is finally diminished to the point that they are willing to accept jobs for any wage offered, the corporations will have accomplished their goal. Who will fight for the American worker, when Unions are no more, destroyed by elected officials who are supported by wealthy corporations?

When there is a “rich class” and a “poor class”, guess who will wield the power in our country?  As they have done for the past 30 years, the wealthy corporations will continue to whittle away at Middle Class wealth and power, until there will be little or nothing left. The power shift is close to completion, and it is being accomplished on all levels, including legislative (State & Federal levels), regulations (State & Federal levels) and Court decisions (State & Federal levels).  The Court cases have been one of the best avenues for significant change, where the Citizens United and related decisions have given corporations the same “rights” as persons, something that would have been unheard of before the Robert’s Court. Nothing in the Constitution gives personhood to corporations!

I recall a quote I used to laugh about: “Just because you’re paranoid doesn’t mean people aren’t out to get you!”  It’s not funny any more! It is elected officials, like Andy Harris, who is helping to convince the Middle Class voter that outsourcing jobs and giving corporations tax breaks and more power, is in their best interests!

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