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America - An "Undeveloping" Country?

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What candidates say is based on slicing and dicing various interest groups, religious and moral beliefs, and issue positions to obtain a winning number of people who will vote for them.

The money to pay for the research to identify, pars and create the messages to these voters, and the money to reach them with the correct messages, is donated by people, organizations and businesses that want policy and regulatory concessions in return. You and I with our small internet donations included.

Once the elected official is in office he or she answers to two groups: those who will provide campaign financing for reelection and those who vow to spend money against their reelection.

Hence, your vote and mine are worth little except on the first Tuesday after the first Monday in November. Ditto your small donation.

Notice, I did not say this is how our democracy works, as what I am describing is not a working democracy, it is a Corporatocracy.

There is currently no difference between the balance of power and the population wealth disparity: 20% of the people hold 93% of the wealth/income, while 80% of the people have 7% of the wealth/income.

Your voice, your vote is only worth about 1/20 of someone in the top 20th percentile of American wealth. See: Wealth, Income, and Power by G. William Domhoff (September 2005, updated July 2010).

Depressing? Yes. That's why I'm calling the continuing economic slump, that started in December 2007, soon to be three years old, the Second Depression.

Hopeless? No.

Unfortunately, President Obama has stated his belief that there is little government can do to encourage private-sector job growth. To this I say, Mr. President, you lie! There is plenty it can do, it just doesn't want to do it because of how our Corporatocracy works.


A State of Florida Food Stamp call center was off-shored by JPMorgan Chase by consumerist.com

Here are some things you will not see the government do until the pressure is unbearable:

  1. End offshore corporate and personal tax loopholes

  2. Enforce existing laws against offshore tax shelters

  3. End tax incentives for offshore job creation

  4. Institute tax incentives for American job creation

    Next Page  1  |  2  |  3  |  4

 

Chaz Valenza is writer and small business owner in New Jersey. He earned his MBA from New York University's Stern School of Business. His current feature film project is "Single Point Failure" an insider's account of how the Reagan Administration (more...)
 

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America is under armed occupation. We the people c... by Steven G. Erickson on Wednesday, Aug 11, 2010 at 11:09:08 AM
Chaz, I applaud your clear thinking. Your outline ... by Dian Peone on Thursday, Aug 12, 2010 at 12:44:19 AM