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Friday, November 20, 2009

The Three Pillars of Political Influence

Pillar 1: The Government
Pillar 2: Large Corporations
Pillar 3: Investors

So let me get this right. The Government controls and taxes Large Corporations who are owned by Investors, and taxes those same Investors for their gains. OK. Got it.
  • Without Investors, there would be no Large Corporations, or money to lobby politicians.
  • Without Government, there would be no oversight on the actions of Investors or Corporations, and no taxes would be taken. Elected Politicians would not receive salaries and compensations.
  • Without Large Corporations, we could not enjoy the economies of scale, and there would be no money to lobby politicians.
So if I have this right, politicians receive money from all three Pillars in our discussion. Well that figures...
So where do the interests of Politicians lie...beside staying in power? Corporations are prohibited from making political contributions, but not prohibited from lobbying for their own special interests. So where is the real influence over Politicians once elected. Well it must be through our only remaining pillar....the Investors. No I not talking about you and me with our measly accounts. I am talking about Wall Street Investors.
Maybe this is the reason there are five, (count em 5), investment lobbyists for every politician holding office today.
Can you imagine having five people who want to do nothing more than have you think their way and have huge finds available to do just that? It would be hard to keep an open mind.
This is what is wrong with our political system. Politicians don't want to reform lobbyist influence because they provide the real money that keeps them in power.
Kind of a symbiotic relationship don't you think?


Our founding fathers were mostly successful merchants and farmers. They never dreamed of taking a dime from someone they did not earn outright. If you missed it, the key word there was "Earn". These men had integrity. In their book, "earn" would have never meant swaying my vote in the direction of the one offering to pay them for doing it.
So it's really hard to listen to elected politicians talk about integrity while bowing to special interests of Wall Street.
Want to see it in action. Answer this....Just who got the tax payer's money under the program called TARP...answer, Wall Street Executives.
Let's see. If I were a Wall Street Executive I might be thinking something like this...
"We screwed up by making unsound financial decisions and bought a bunch of toxic assets (sub-prime), and now because of my relationship with Treasury Executives, I not only can receive funds to recover our toxic investment, but I also get this years multi-million dollar bonus which I did not earn. Cool..."
I wish I had 1/10th of their bonus.
Thanks for the political integrity at my expense...and that of millions of taxpayers who are working hard just to stay above water.
Did you know that Politicians quickly learn to trade their political vote on one bill for a vote on other bills...that is a story for a different time.
Have a great day.

1 comment:

Please keep all comments "on topic".