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~ Karl Marx
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Due to the new interest in corporation's involvement in writing the
legislation enacted by our lawmakers for us to live by...and the ALEC
Exposed document dump and stories exposing the American Legislative
Exchange Council (ALEC) I thought it appropriate to republish my
earliest work from last year. Much of it is about ALEC and the
corporate pursuit of assuming government authority through manipulating
our laws, privatization and deceit. Last November there was not much
interest on this issue, so this diary and those I'll subsequently
republish have not been read by many. I republish in an effort to again
explain why what we're doing now to eliminate ALEC is so important.
As we move firmly into the 21st. century, Webster's Dictionary has
had to update and re-publish their volumes on an evermore frequent
schedule. This is due to new and creative words such as "twitter",
Blogger", "Google", "Skype" and other similar words that define or
adequately describe the ever changing world we live in.
As yet one new word that's being used more and more frequently
remains without official definition. No, it's not "refudiate" that's
circulating across the internet like a ping-pong ball on
meth-amphetamine. The word is Corporatocracy. More and more of us find
this word in our vocabulary. There's even a definition or two of this
word found on the "Urban Dictionary" web site.
Here they are:
Corporatocracy
1. "A social and economic class of rulers, defined by their involvement
in the ownership and management of large corporations. 2. The social and
economic structures that empower and protect such rulers. 3. The
political culture that serves such rulers.
2. "Rule by an oligarchy of corporate elites through the manipulation of a formal democracy.
3. "A type of government in which huge corporations, through bribes,
gifts, and the funding of ad campaigns that oppose candidates they don't
like, become the driving force behind the executive, judicial and
legislative branches."
Corporatocracy is an important word for our generation and the social
environment we find ourselves in here at the close of the first decade
of this century. We already have oligarchy and fascism and both words
evoke denials and sometimes nervous laughter when mentioned in the same
sentence with America or United States. Individuals who research such
things as language tell me there are subtle differences between these
three words, but those differences are narrowing as we approach 2011.
One might ask what is the real meaning of "Fascism" in the 21st
Century? Are corporatocracy and fascism similar in meaning or
definition? Again, we must look to the Urban Dictionary for a current
definition of fascism. One definition, contributed by Bertie Bumwhistle Urban Dictionary for the current "Version" of fascism.
Here it is - all 14 points:
Powerful and Continuing Nationalism:
Fascist regimes tend to make constant use of patriotic mottoes, slogans,
symbols, songs, and other paraphernalia. Flags are seen everywhere, as
are flag symbols on clothing and in public displays.
Disdain for the Recognition of Human Rights:
Because of fear of enemies and the need for security, the people in
fascist regimes are persuaded that human rights can be ignored in
certain cases because of "need." The people tend to look the other way
or even approve of torture, summary executions, assassinations, long
incarcerations of prisoners, etc.
Identification of Enemies/Scapegoats as a Unifying Cause:
The people are rallied into a unifying patriotic frenzy over the need to
eliminate a perceived common threat or foe: racial , ethnic or
religious minorities; liberals; communists; socialists, terrorists, etc.
Supremacy of the Military:
Even when there are widespread domestic problems, the military is given a
disproportionate amount of government funding, and the domestic agenda
is neglected. Soldiers and military service are glamorized.
Rampant Sexism:
The governments of fascist nations tend to be almost exclusively
male-dominated. Under fascist regimes, traditional gender roles are made
more rigid. Opposition to abortion is high, as is homophobia and
anti-gay legislation and national policy.
Controlled Mass Media:
Sometimes the media is directly controlled by the government, but in
other cases, the media is indirectly controlled by government
regulation, or sympathetic media spokespeople and executives.
Censorship, especially in war time, is very common.
Obsession with National Security:
Fear is used as a motivational tool by the government over the masses.
Religion and Government are Intertwined:
Governments in fascist nations tend to use the most common religion in
the nation as a tool to manipulate public opinion. Religious rhetoric
and terminology is common from government leaders, even when the major
tenets of the religion are diametrically opposed to the government's
policies or actions.
Corporate Power is Protected:
The industrial and business aristocracy of a fascist nation often are
the ones who put the government leaders into power, creating a mutually
beneficial business/government relationship and power elite.
Labor Power is Suppressed:
Because the organizing power of labor is the only real threat to a
fascist government, labor unions are either eliminated entirely, or are
severely suppressed .
Disdain for Intellectuals and the Arts:
Fascist nations tend to promote and tolerate open hostility to higher
education, and academia. It is not uncommon for professors and other
academics to be censored or even arrested. Free expression in the arts
is openly attacked, and governments often refuse to fund the arts.
Obsession with Crime and Punishment:
Under fascist regimes, the police are given almost limitless power to
enforce laws. The people are often willing to overlook police abuses and
even forego civil liberties in the name of patriotism. There is often a
national police force with virtually unlimited power in fascist
nations.
Rampant Cronyism and Corruption:
Fascist regimes almost always are governed by groups of friends and
associates who appoint each other to government positions and use
governmental power and authority to protect their friends from
accountability. It is not uncommon in fascist regimes for national
resources and even treasures to be appropriated or even outright stolen
by government leaders.
Fraudulent Elections:
Sometimes elections in fascist nations are a complete sham. Other times
elections are manipulated by smear campaigns against or even
assassination of opposition candidates, use of legislation to control
voting numbers or political district boundaries, and manipulation of the
media. Fascist nations also typically use their judiciaries to
manipulate or control elections.
"14 identifying characteristics of Fascism by Political scientist Dr.
Lawrence Britt. ("Fascism Anyone?," Free Inquiry, Spring 2003, page
20)."
I'm college educated but not a scholar by any stretch of imagination
or definition. But as I look around me I've begun to notice that there
are changes that have been taking place for the past 25 years. These
changes have always been subtle, hardly noticeable and cause no
immediate concern or sound an alarm. At 62 I find myself yearning for
the "good 'ol days" as most of us do as we approach our "golden years".
This has allowed me to relive some experiences and compare today's way
of life, government, relationships to the years of my youth.
Suddenly I am concerned and several alarms have begun sounding
between my ears; klaxons, sirens, bells and whistles. The cause of this
alarm is the ever-increasing involvement of private corporations in
another new term we've learned; the Prison Industrial Complex
(PIC). A sub-culture has evolved over the past three and a half
decades. It is composed of an assortment of influential corporations,
state lawmakers, the American Legislative Exchange Council (ALEC)and an
unwitting society. Together they have allowed corporations to devise a
means to profit from incarceration through privatization of: housing,
medical care, commissary, feeding and transportation of state and
federal inmates and detainees. Private interests are now found in all
phases of our judicial system from juvenile holding facilities, jails,
detention centers to adult prisons. In addition incarcerated
individuals, men, women and youthful offenders have been put to work in
prison industries to increase the profits for participating
corporations.
This privatization of prisons and industries began at the same time
that incarceration rates began to climb from our "War on Drugs"
legislation in the 80's. At the same time (1979) the federal Prison
Industries Enhancement Certification Program (PIECP) became law. The
"PIE program" as it is commonly called, allowed a relaxation of federal
laws prohibiting the interstate sale and delivery of prisoner made goods
in the U.S. It also encouraged partnerships between prison industries
and private sector manufacturers so inmates could be trained and
provided skills to enable them to seek gainful employment upon release
and thus avoid recidivism.
Unfortunately, as with any other "capitalistic" endeavor, PIECP was
analyzed by corporate interests with an eye on how to make money through
this program. The first act was to establish private prison facilities
through contracts with state and federal governments. The second was to
initiate a plan to increase the rate of incarceration - and per diem
profits - to provide a steady flow of workers...
Join us in New Orleans on August 5th for the Protest Alec demonstration! If you can't attend you can donate to the effort at the site.
Originally posted to Exposing ALEC on Sat Jul 23, 2011 at 11:23 AM PDT.
Many giant profitable U.S. corporations are increasingly abandoning America while draining it at the same time.
General Electric, for example, has paid no federal income taxes for a
decade while becoming a net job exporter and fighting its hard-pressed
workers who want collective bargaining through unions like the United
Electrical Workers Union (UE). GE’s boss, Jeffrey Immelt, makes about
$12,400 an hour on an 8-hour day, plus benefits and perks, presiding
over this global corporate empire.
Telling by their behavior, these big companies think patriotism
toward the country where they were created and prospered is for chumps.
Their antennae point to places where taxes are very low, labor is wage
slavery, independent unions are non-existent, governments have their
hands out, and equal justice under the rule of law does not exist.
China, for example, has fit that description for over 25 years.
Other than profiteering from selling Washington very expensive
weapons of mass destruction, many multinational firms have little sense
of true national security.
Did you know that about 80 percent of the ingredients in medicines
Americans take now come from China and India where visits by FDA
inspectors are infrequent and inadequate?
The lucrative U.S. drug industry – coddled with tax credits, free
transfer of almost-ready-to-market drugs developed with U.S. taxpayer
dollars via the National Institutes of Health – charges Americans the
highest prices for drugs in the world and still wants more profits. Drug
companies no longer produce many necessary medicines like penicillin in
the U.S., preferring to pay slave wages abroad to import drugs back
into the U.S.
Absence of patriotism has exposed our country to dependency on
foreign suppliers for crucial medicines, and these foreign suppliers may
not be so friendly in the future.
Giant U.S. companies are strip-mining America in numerous ways,
starting with the corporate tax base. By shifting more of their profits
abroad to “tax-haven” countries (like the Cayman Islands) through
transfer pricing and other gimmicks, and by lobbying many other tax
escapes through Congress, they can report record profits in the U.S.
with diminishing tax payments. Yet they are benefitting from the public
services, special privileges, and protection by our armed forces because
they are U.S. corporations.
On March 27, 2013, the Washington Post reported that
compared to forty years ago, big companies that “routinely cited U.S.
federal tax expenses that were 25 to 50 percent of their worldwide
profits,” are now reporting less than half that share. For instance,
Proctor and Gamble was paying 40 percent of its total profits in taxes
in 1969; today it pays 15 percent in federal taxes. Other corporations
pay less or no federal income taxes.
Welcome to globalization. It induces dependency on instabilities in
tiny Greece and Cyprus that shock stock investments by large domestic
pension and mutual funds here in the U.S. Plus huge annual U.S. trade
deficits, which signals the exporting of millions of jobs.
The corporate law firms for these big corporations were the
architects of global trade agreements that make it easy and profitable
to ship jobs and industries to fascist and communist regimes abroad
while hollowing out U.S. communities and throwing their loyal American
workers overboard. It’s not enough that large corporations are paying
millions of American workers less than workers were paid in 1968,
adjusted for inflation.
Corporate bosses can’t say they’re just keeping up with the
competition; they muscled through the trade system that pulls down on
our country’s relatively higher labor, consumer and environmental
standards.
Corporate executives, when confronted with charges that show little
respect for the country, its workers and its taxpayers who made possible
their profits and subsidized their mismanagement, claim they must
maximize their profits for their shareholders and their worker pension
obligations.
Their shareholders? Is that why they’re stashing $1.7 trillion
overseas in tax havens instead of paying dividends to their rightful
shareholder-owners, which would stimulate our economy? Shareholders? Are
those the people who have been stripped of their rights as owners and
prohibited from even keeping a lid on staggeringly sky-high executive
salaries ranging from $5,000 to $20,000 an hour or more, plus perks?
Why these corporate bosses can’t even abide one democratically-run
shareholders’ meeting a year without gaveling down their owners and
cutting time short. To get away from as many of their shareholder-owners
as possible, AT&T is holding its annual meeting on April 26 in
remote Cheyenne, Wyoming!
Pension obligations for their workers? The award-winning reporter for the Wall Street Journal Ellen E. Shultz demonstrates otherwise. In her gripping book Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers,
she shows how by “exploiting loopholes, ambiguous regulations and new
accounting rules,” companies deceptively tricked employees and turned
their pension plans into piggy banks, tax shelters and profit centers.
Recently, I wrote to the CEOs of the 20 largest U.S. corporations,
asking if they would stand up at their annual shareholders’ meetings and
on behalf of their U.S. chartered corporation (not on behalf of their
boards of directors), and pledge allegiance to the flag ending with
those glorious words “with liberty and justice for all.” Nineteen of the
CEOs have not yet replied. One, Chevron, declined the pledge request
but said their patriotism was demonstrated creating jobs and sparking
economic activity in the U.S.
But when corporate lobbyists try to destroy our right of trial by
jury for wrongful injuries – misnamed tort reform – when they destroy
our freedom of contract – through all that brazenly one-sided fine print
– when they corrupt our constitutional elections with money and
unaccountable power, when they commercialize our education and patent
our genes, and outsource jobs to other countries, the question of
arrogantly rejected patriotism better be front-and-center for discussion
by the American people.
CEOs these days aren’t just slashing worker jobs to add on to their own rewards. They’re slashing worker pay as well.
March 25, 2013 |
This article orignially appeared inToo Much, the inequality weekly. Sign up to receive free via email.
The
founder of modern management science, Peter Drucker, considered
excessive executive pay an assault on good enterprise management
practice.
Peter Drucker, the analyst who founded modern management
science, died in 2005 at age 95. At his death, business leaders
worldwide hailed this
Austrian-born American for his enormous
contribution to enterprise efficiency.
But Peter Drucker also
cared deeply about enterprise morality. In his later years, he watched —
and despaired — as downsizing became an accepted corporate gameplan for
pumping up executive paychecks. Drucker could find “no justification”
for letting CEOs benefit financially from worker layoffs.
“This is morally and socially,” he would write, “unforgivable.”
If
Drucker were still writing today, he’d likely be even more unforgiving.
CEOs these days aren’t just slashing worker jobs to add on to their own
rewards. They’re slashing worker pay as well — and no CEO may be
benefiting more from shrinking paychecks than Ford chief executive Alan
Mulally.
Mulally has restored Ford to profitability, his many
business and political admirers never tire of pointing out, without
having to take any taxpayer bailout. But Mulally has indeed enjoyed a
hefty bailout — from his workers.
Entry-level workers at Ford used to make $28 an hour. That rate fell by half
when the auto industry financial crunch first hit five years ago and
now sits a bit above $19. And since the crunch all Ford workers, not
just entry-level workers, have given up cost-of-living wage adjustments and health benefits.
Auto
industry execs have declared these worker concessions as absolutely
necessary. Without lower compensation for auto workers, the argument
goes, the auto industry would never become “globally competitive.” This
same reasoning apparently doesn’t apply to compensation for Ford CEO
Mulally.
Ford has just announced
that Mulally’s pay package for 2012 nearly hit $21 million. His
personal rewards for the year almost doubled the pay that went last year
to his chief German rival, Daimler CEO Dieter Zetsche, and even more
stunningly dwarfed the $1.48 million Toyota CEO Akio Toyoda took home.
But
the magnitude of how well Mulally has done for himself — since Ford
workers started coughing up concessions — only swings into real focus
when we step back and contemplate the towering pile of Ford shares of
stock he now holds. In just over a half-dozen years, CNN Money reports, Mulally “has amassed holdings valued at more than $300 million.”
Among
America’s CEOs, of course, Mulally hardly stands alone. The
outrageousness of American CEO rewards has been building for some time.
Back in 1986, as Forbesnoted
last week, America’s ten highest-paid CEOs together pocketed $57.88
million in compensation. In 2012, the top 10 pulled in $616.4 million,
about five times as much as the 1986 total after taking inflation into
account.
Over that same 26-year span, average weekly wages for America’s workers barely increased at all.
So what should we be doing about CEO compensation? In France, the newly elected government of President François Hollande has placed a 450,000 euro cap — about $580,000 — on executive pay at the 52 companies where the French government holds a majority stake.
This
cap will essentially limit executives at these publicly controlled
companies to no more than 20 times the pay of their lowest-paid workers.
The French people, for their part, would like to see their government apply a similar cap to executives at all corporations, not just those companies where the government holds a controlling interest.
Earlier
this month, just after Swiss voters passed a national referendum that
bans executive signing and merger bonuses, a major French pollster asked
whether people favored or opposed creating a “maximum wage” for all
corporate CEOs. A whopping 83 percent of the French public supported the idea.
The French may have been reading their Peter Drucker. American CEOs, Drucker believed,
should earn no more than 20 or 25 times their worker pay. Last year, in
Great Recession-ravaged Michigan, Alan Mulally pulled in over 500 times
the pay of Ford’s lowest-paid workers.
Sam Pizzigati is the editor of the online weekly Too Much, and an associate fellow at the Institute for Policy Studies.
It's a golden age for corporate profits. So why don't our biggest corporations pay more taxes?
March 18, 2013 |
The
brackets are set for the big dance — the dance around tax
responsibility. Most of the teams are in the bottom bracket. In this
league, the lowest score wins.
Outside the stadium our nation's kids and seniors and low-income mothers may be dealing with food and housing cuts,
but on the corporate playing floor new low-tax records are being set
again this year. Just as this is a golden age for sports, this is also,
as noted by the New York Times, "a golden age for corporate profits."
Corporations
have simply stopped paying their taxes, perhaps using the 2008
recession as an excuse to plead hardship, but then never restoring their
tax obligations when business got better. The facts are indisputable.
For over 20 years, from 1987 to 2008, corporations paid an average of
22.5% in federal taxes. Since the recession, this hasdropped to 10%-- even though their profits have doubled in less than ten years.
Pay Up Nowjust completed a compilation of corporate tax payments over the past five years, usingSEC dataas
reported by the companies themselves. The firms chosen are top-earners
who have filed 10-K reports through 2012. Their US Tax figures represent
the five-year total of "current" payments.
The 64 corporate teamspaid just over8% in taxesover the five-year period.
The Slink Sixteen
General Electric: Theworst tax recordover five years, with $81 billion in profits and a $3 billion refund.
Exxon Mobil: Made by far the largest profits in the group, but paid less than 1% in U.S. taxes, and yet receivedoil subsidiesalong with their tax breaks. Unabashedly reports a 2012"theoretical tax"of over $27 billion, almost 90% of its total income tax expense. The company was also near the top incontractor misconduct.
Verizon: Second worst tax record, with a refund despite $48 billion in profits.
Kraft Foods: Received a refund from the public despite $13.5 billion in profits. Also a leadingjob-cutter.
Citigroup: One of the five big banks who are estimated to get abailout/refundfrom the American public amounting to three cents from every tax dollar.
Dow Chemical: Received a refund despite almost $10 billion in profits.
Microsoft: Named as one of the biggestoffshore hoarderswhile using tax strategies to bring much of their untaxed money back to the U.S., where it alsoavoids state taxes.
The Fouling Four
GE, Boeing, Exxon, and Apple. Merck almost crashed the party, but the competition was too stiff.
The Winner?
No
one wins this game. In a financial sense they do, but the gains are
outweighed by the greed and irresponsibility of tax avoidance.
All
these companies, after using our infrastructure and technology and
research facilities and higher education and national defense to build
incomparably successful businesses, are now doing everything in their
power to avoid paying anything back, while instead using a carefully
manipulated set of "legal" business writeoffs and exemptions and
loopholes to cut their tax bills to almost nothing. And all the while
they rant about the unfairness of the U.S. tax code.
The real madness is that human beings are suffering because of the tax games corporations play.
Paul Buchheit teaches economic inequality at DePaul University. He is the founder and developer of the Web sites UsAgainstGreed.org, PayUpNow.org and RappingHistory.org, and the editor and main author of "American Wars: Illusions and Realities" (Clarity Press). He can be reached at paul@UsAgainstGreed.org.
A lobby group for more than 200 CEOs is launching a campaign to
reduce the corporate tax rate to 25 percent and loosen restrictions on
offshore tax havens, reports The Hill.
“It’s time we reclaim America’s home court advantage by modernizing
tax policy in a fiscally responsible way so all U.S. businesses can
create jobs, innovate, grow, compete – and win,” Business Roundtable
resident John Engler said in a press release.
The Business Roundtable’s announcement comes right off the heels of a Wall Street Journal analysis revealing that 60 corporations shielded 40 percent of annual profits by collectively stashing $166 billion offshore in 2012. Also, a study by PayUpNow.org shows 64 corporations paid just over 8 percent in taxes from 2008 to 2012. Some of these companies are the same ones pushing for a 10 percent corporate tax cut.
Meanwhile, the CEOs pushing for lower taxes continue to pay
themselves exorbitantly, further widening the gap between corporate
heads and regular Americans. The New York Times reports
that CEO pay rose five percent last year, during a time of “stubbornly
high unemployment and declining wealth for many ordinary Americans.” And
in 2011, AFL-CIO notes that S&P 500 executives “made, on average, 380 times the average wages of U.S. workers.”
Last week, President Obama convened closed-door meetings with
Republican lawmakers to discuss stand-alone corporate tax reform.
Reuters reports that Obama told Republicans he’d support a revenue-neutral corporate tax reform plan.
"If he's agreed, and he has, that the lowering of rates with the
corporate tax will be revenue neutral, there's no reason we can't do
that now," Senator Jeff Flake (R-AZ) told Reuters.
But other Republicans and pass-through organizations that pay the 40
percent individual tax rate want a complete overhaul, rather than just
stand-alone corporate tax reform.
“To us, tax reform means comprehensive. That means corporate,
individual and pass-through,” Brian Reardon, executive director of the S
Corporation Association toldThe Hill. “In our experience, the vast majority of the business community is united around that idea.”
While businesses and lawmakers continue debating reduced taxes for corporations and the wealthy, low-income Americans brace for oncoming sequester cuts to food and housing programs.
Steven Hsieh is an editorial assistant at AlterNet and writer based in Brooklyn. Follow him on Twitter @stevenjhsieh.
Delusional Romney belief systems -- whether more trickle-down folly,
indefensible tax cuts, or "God's on our side" exceptionalism -- serve as cover
for an ever nastier, reactionary vulture culture. Under-regulated vulture
capitalism preys on government regulation and legislation, environmental
wellbeing (decimating forests, ocean life, coastal waters, and strip mining
sites), low-wage workers here or overseas -- plus badgering phantom "socialists"
who challenge spoiled-brat banksters, Koch Bros., or the Rove brigade. That
overfed horde sustains the extremist GOP vulture culture, at war with women,
fair taxation, democratic elections that count minorities, gay rights, basic
science, and healthy food -- in a word, rationality.
In these terms, Romney's braggadocio about his Bain
pillaging speaks to the prevalent bullying that informs the Bush-Obama era. The
"unseen drone" is more than a missile but a metaphor for widespread predation,
decimating innocent civilians along with shadowy combatants. Big business has
betrayed any high-sounding boast as "agent of progress" -- when innovative, new
products served the entire community -- instead, favoring old-time regression that
freely exploits people, places and resources.
By calculation -- with obfuscation and influence peddling --
the most powerful corporate chiefs are by default our national "resource
planners." Today's Citizens United leverage assures reactionary vetoes against
even deliberation of systemic advances. All politicians sell change, but hote neither
Obama, nor Romney offer serious plans for jobs, energy, transportation,
education, and tragically not climate change. Gridlock and cultural-symbolic
clashes serve the status quo, along with both national tickets.
And yet contradictions surface: a majority may still endorse
fuzzy Yankee exceptionalism yet realizes that chronic ineptitude (or worse)
marks top leaders as rather unexceptional failures. 77% surveyed
by the Harvard Center for Public Leadership (CPL) agree "the country now
has a crisis in leadership," with confidence at the lowest recorded levels.
Nevertheless, in defiance of logic, that same number fantasizes our biggest
problems only need "effective leadership," as if entrenched systems don't rule
the roost.
So let's ask: does Romney, riding a snippet of debate
chicanery, really offer "effective leadership" to befuddled undecideds, per his
surge? Is this gelatinous gasbag, stamped by his own party a "vulture
capitalist," an adult answer to an ongoing leadership crisis? And does this crisis
not extend well beyond business to other realms, namely pedophile-shielding
church hierarchies, silenced religious figures, sports executives, or media
frauds, among others?
Exquisitely Anti-majority
So, with disregard for campaign logic, let alone majority
interests, Romney-Ryan defiantly pitch lower taxes for corporation and billionaires, less regulation (on top of already shredded rules), far less reliable health care coverage, less funding for infrastructure, education and unwanted
pregnancies, plus more surges of
Bush-Cheney military belligerence? What gives -- and how can this jaw-dropping
agenda, were it fully exposed, capture that undecided sliver of voters?
What's astonishes me is how dramatically Romney's
pro-business creed is blind to our decade-long parade of corporate meltdowns,
from BP and mining disasters to the ongoing Japanese nuclear disaster. Does the
vast majority view big energy, big pharma, or big ag and big mining interests,
let alone nefarious Wall Street bankers, as "effective," fair-minded or
law-abiding partners managing to a better tomorrow?
Bad CEOs have made power a dirty word, and the CPL survey
above identifies the least trusted group in America, below even abysmal Congress:
the noxious conglomerate called "Wall Street." And this week the beat goes on,
"Wells Fargo sued by feds for reckless lending practices."
The CEO as Menace
Look at the body blows delivered since 2000 to the prestige
of the overpaid CEO establishment. Set aside jailed schemers, like Madoff or
Abramoff, even doltish has-beens like GE's Jack Walsh spouting this week's
craziest conspiracy. Count the unindicted CEOs, like Tony Hayward of BP, or the
mining bosses getting only wrist slaps, despite negligence that killed dozens.
Or the mind-boggling Rupert Murdoch News Corp. saga, where stupidity,
unrestrained gall, and lawbreaking spanned years and continents.
Yet the most conspicuous blows are the media mug shots of
craven Wall Street banksters who facilitated the Great Recession and destroyed
middle-class assets by the trillions. The full publicity awarded this CEO gang
explain their depleted standing and make their names commonplace: Lloyd
Blankfein, Jamie Dimond, John Thain and Vikram Pandit, plus enablers like Tim
Geithner. Do you believe Blankfein
once defended his "virtuous cycle" of investment cronyism as "God's work"?
Not only are many scurrilous CEOs still in power, outrage
continues over astronomic executive salaries: what once averaged 50 times the typical
worker can now exceed 500 times that base. Though American labor gets
outsourced as "too expensive," limitless funds protect fantastic compensation
packages, especially when top dogs mimic Mitt's vulture talents -- shredding
jobs, pensions, and companies.
Banksters survived by bawling, "we're too big to fail," but
there was no public illusion about gross negligence, if not criminality, thus
inciting both Occupy and Tea Party alike. What undermines this vulture culture
are huge Wall Street bonuses given free market hypocrites who socialized losses
while privatizing profits.
Moguls Worse as Politicians
The other, final truth that shadows Romney's wobbly bid is
that autocratic bosses make lousy elected officials, out of sync with the messy
work of governing, public policy, stakeholders, and what House zealots malign
as "compromise." There are crystal clear reasons no top executive since Herbert
Hoover has gained the presidency (W.'s baseball dilettantism aside). Tycoons
either lose at the polls (George Romney, Steve Forbes or Ross Perot) or dive
bomb after election (item: Florida's disgraced governor was once a disgraced
health care CEO).
Of course, Romney was never a genuine CEO, neither creating,
nor managing long-term, value-added products that benefited workers, community
and customers. Imagine the potential damage were this bullying technocrat,
estranged from common folk who depend on government, to boss a roughshod White
House. As one awful CEO can destroy an established, highly regarded concern
years in the making, consider how Romney, after Bush, would further cripple the power
and efficacy of federalism for decades.
More Reactionary Than W.
Further, President Romney is already more beholden to
reactionary billionaires than Bush in office. Plus, why wouldn't an "unzipped"
Romney practice what he knows best, vulture capitalism, to show off his
ruthless "ruling prowess"? Expect anti-Robin Hood ideologues set to prey on the
47%, with workers already depicted as the enemy, and refuse millions desperate for job
training, education, and basic life assistance.
Congenitally-compromised rightwingers refuse to understand
that the needy, ill-educated from families shattered by stress can't pull
themselves (or the country) up by their bootstraps. Overcoming the Great Recession takes genuine opportunity
-- with aspiration, education, and a few bucks, whether small-business or family
loans -- and that mandates a community willing to help neighbors through hard
times. Alas, that New Deal mindset, were Romney elected, would remain the arch-enemy
of his entrenched vulture culture.
Educated at Rutgers College (BA) and UC Berkeley (Ph.D, English) Becker
left university teaching (Northwestern, U. Chicago) for business,
founding and heading SOTA Industries, high end audio company from '80 to
'92. From '92-02 he did marketing (more...)
The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.
Joseph
Lyons quotes from Chaiken, 1985, (p.8) "The shift of police service
delivery to the private sector is taking place in basically four
ways: 1) default; 2) accommodation and cooperation; 3) enabling
legislation; and 4) by contract" (Chaiken, 1987, p. 8). Default
transfers occur when the government does not meet a pressing need for
law enforcement services, leaving private companies to fill the
vacuum. For example, affluent neighborhoods which experience a rash
of crime often feel they have to provide more protection than thepolice
can provide. They then contract with a private security for armed
security patrol.
An
example of this was in the Westwood section of Los Angeles. After
several drive by shootings
and an armed robbery, the neighbors organized to contract with Westec Security
for $85 a month per resident for an armed guard patrol 24 hours a
day.
Accommodation
and cooperation occurs when the police informally rely on private
security personnel to perform tasks they prefer not to do; in return,
the public police
provides needed services such as responding expeditiously to calls
for assistance
from the private security personnel. For example, private security companies
are providing security and shelters for the homeless in New York
City. A provision
of this unpleasant service allows officers to spend their time in
police functions,
and when fights or other incidents occur at the shelter, they respond expeditiously
to those calls (Chaiken, 1987).
Sounds
benign enough. But there is more. And, these were the old trends
from the 1980's. We, the public, have been like frogs in a pan of
water where the fire is slowly increased to the point that we don't
realize we are being boiled alive. These old trends were just the
beginning of what is now being revealed as a nightmare that may
ultimately be exposed as a corporate police state that is now in the
making and becoming more powerful. Perhaps we frogs can awaken to
the nightmare awaiting us? Or is it already too late?
The
way this frog effect was orchestrated by the corporations was and is
beautiful! The general population was easily manipulated into
allowing for corporate policing due to reported inefficiencies of the
existing public police departments brought on by budgetary cuts that
enabled legislation passed in several states that allows specific
types of private security personnel limited police powers. For
example, in some cases, campus police at private colleges and
universities and retail security personnel not only have arrest
powers in case of theft from their employers, but they can also book
an alleged offender and testify in court as the arresting officer
(Chaiken, 1987). Sounds benign enough. Private companies helping
overworked and understaffed police?
Contracts
between government agencies and private security companies for a specific
task have become so commonplace that they are beginning to blur
traditional distinctions
between private and public providers. Public police agencies are, in
some areas,
entering into contracts to provide special or additional police
services to private organizations
or neighborhoods on a fee basis (Chaiken, 1987).
What
has this led to? Gary Johnson, Presidential Candidate through
Liberatarian Party states it beautifully with his prediction that "we
will find ourselves with a heightened police state and our military
intervention is not going to cease...Shoot first, ask questions
later."
Could
he be on target with this statement? Could the privatized police
force be an instrumental piece to taking away of citizens rights for
the sake of corporate domination? Our government has already been
taken over by the corporate industrial elites. Isn't the
privitization of the police just another movement in this holographic
trend of privitizing everything, including schools, medical care and,
closer to the issue, prisons (see
http://www.apfn.org/apfn/private-prisons.htm).
In
this same vein, policing some of the most dangerous US cities has
quickly become the newest line of business for many private
companies, which have already replaced police officers in cities from
Portland Oregon to Baltimore Maryland.
This
phenomenon now runs deeper than the normal shopping center or bank
security guard. While in many cases private security personnel act
more as city cleanup, organization or local ambassadors, we now find
ourselves pushing for armed private security personnel to patrol the
streets, perform arrests and transport civilians. This is a cause for
concern, especially because of the more controversial issues
surrounding the role of private military and security companies
abroad in places like Iraq and Afghanistan, e.g., Halliburtin.
(http://costanzo.org/Rex/Commentary/cheney_halliburton_circle.htm).
Cities
have been turning to the private sector for a variety of reasons.
Some local and state governments are under pressure from budget
deficits and are often convinced that privatized industries are more
cost-effective than state agencies and bureaucracies. Furthermore,
cities often have an overstretched force that cannot respond to
increases in crime, so private contractors are seen as a quick fix
and an easy force multiplier.
But
the question we must pose is this: Is it ok that we have private
companies, in many cases giant corporations, running our lives in
just about all arenas: edcuation, law enforement, the food we eat,
and our medical care? The movie Corporation did a wonderful job of
linking the behavior of corporations to the DSM-IV diagnosis of
sociopathic personality disorder. (see trailer at
http://www.youtube.com/watch?v=xa3wyaEe9vE).
Is this what you want running the schools that are educating your
children? Do you want these people policing your neighborhood? Do
you want them in all arenas of your life, what you eat, the clothes
you wear, what you do in bed? They already dictate your medical
care, your work environment, and the economy. They have judges and
politicians in their back pockets, and they have your kids under
their thumb in the school and in the violent games being played to
entice them into the warrior mode. Is this what we want? We are
allowing sociopaths to wrap their gruesome hands around the throats
of our kids! Meanwhile we work hours on end and worry about paying
the bills racked up by the corporations to keep us slaves.
How
do we become independent of this Monster? It isn't a pile of
independently operating monsters. It is one Monster composed, as all
of us are, of several billion cells. Yet, as we are billions of
cells opearting as one person, then so is the Monster. Begin by
starving the monster. Buy your food from local businesses, not from
grocery chains. Grow your own. Empower yourself in community.
Begin a movement towards community based schools and get the
corporations out of your kids' lives. You be on the board of that
school and you take charge of the upbringing of your child. Empower
yourself, empower your community. The future generations call out to
you. Be creative. The movement must be diverse, not standardized.
Make it so diffuse that it can never be killed.
Jody
Ray Bennett- Author Jody Ray Bennett is an independent writer and
author, independent journalist, designer, musician and globetrotter
Burl is an avid writer and publishes to OpEd News while also blogging
regularly on http://anewgaia.ning.com. Burl's primary passion is in the
unity of world religions to science and the holographic nature of the
universe in which the part mirrors (more...)
The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.