Tag Archives: Corporate Personhood

Goodnight Democracy

Posted in Art, Money & Power | Tagged , | Leave a comment

The first step toward public ownership is recognizing that it is not the radical departure most imagine it to be. Two of the most cost-effective health providers in the United States—one a far-reaching insurance system, Medicare; the other a direct hands-on healthcare delivery system, the Veterans Administration—are run by the government. So, too, the largest pension manager in the country is a public entity: the Social Security Administration. The US Postal Service, which employs 645,000 men and women, is another … Continue reading

Posted in Money & Power, Politics, Quotes | Tagged , , , | Leave a comment

The underlying problem is that the economic and political power of corporations in general, and banks in particular, has grown dramatically. On the eve of the Great Depression in 1929, 250 banks controlled roughly half the nation’s banking resources. Now, a mere six banks control almost 74 percent of the nation’s banking resources. The steadily increasing concentration of power occurred, not surprisingly, as progressives’ power declined. Organized labor, the institution that has given progressive politics its muscle, has shrunk from … Continue reading

Posted in Money & Power, Politics, Quotes | Tagged , , , , | Leave a comment

Posted in Money & Power | Tagged , , , , , , | Leave a comment

Montana Takes A Step In The Right Direction, Tells Supreme Court Where To Stick Citizens United

(SOURCE: Freak Out Nation) The Montana Supreme Court just sent a chill down Corporate America’s spine. The state’s high court restored the century-old ban on direct spending by corporations on political candidates or committees. This stunning rebuke of  the U.S. Supreme Court’s Citizens United decision in 2010 that deemed corporations as people, which gave them constitutional rights to spend money on political campaigns is a win for democracy. With Republican Presidential candidate Mitt Romney publicly stating that Corporations are people, perhaps he should … Continue reading

Posted in Money & Power, Politics | Tagged , , , , , | Leave a comment