Archive for August, 2011
Presidents’ views on corporate power
Wednesday, August 17th, 2011Since the beginning of the United States as an independent nation, there has been a power struggle between corporations and citizens. In recent years the corporatists have been ascendent, notably now giving First Amendment rights to corporations as “people.” How did we get here?
Sarah Wood has put together an excellent collection of posts from nine past US Presidents.
History Lesson: What Some Previous Presidents Thought Of Corporate Power
Who caused the US fiscal woes?
Monday, August 15th, 2011
Privatized power over government
Saturday, August 13th, 2011Reporter Dan Eggan of the Washington Post describes one of the (many) conflicts of interest that can come from privatizing a financial regulatory function:  The deputized company gets enormous power to influence the government for its own private benefit.
Standard & Poor’s, others lobby government while rating its credit