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Hightower Lowdown
"Even the smallest dog can lift its leg on the tallest building."-- Jim Hightower
In This Issue
A ten-year plan to convert to new technologies
Let’s declare energy independence — now!
Also in this issue:
- daddy’s philosophy
- democracy or autocracy?
- if you can’t win... cheat
- Baseball’s poverty plea
- corporate war profiteering
- congressional grab bag
Do Something!
February's Lowdown
How corporate money took over Washington--and created the mobs who rant against reform
Despite a constant racket from the forces of the far-out right (Fox television's yackety-yackers, just-say-no GOP know-nothings, tea-bag howlers, Sarah Palinistas, et al.), the great majority of Americans support a bold progressive agenda for our country, ranging from Medicare for all to the decentralization and re-regulation of Wall Street. Indeed, in the elections of 2006 and 2008, people voted for a fundamental break from Washington's 30-year push to enthrone a corporate kleptocracy.
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corporate war profiteering
Suppose Santa Claus, the Tooth Fairy, and the Easter Bunny all came to your house bearing a gift wrapped in glorious golden ribbons. Suppose that in that package was all the money that you’ve paid in taxes for the past 15 years being returned to you.
Of course, it’s impossible to believe in such a fantasy . . . unless you’re Ford, GE, Chevron, or any other brand-name corporation. In that case, thanks to the campaign cash you give and the lobbyists you hire, your dreams can come true, and you can get back all the corporate income tax you’ve paid in the past 15 years.
GE, for example, gave $2 million to Bush and Congres- sional candidates last year, and now it will be handed $670 million in Washington’s wacky corporate giveaway. Likewise, Ford put about a million bucks into the last election, and this year it’s getting $1 billion from the sugar plum fairies.
These sweet dollops from the public treasury are part of W.’s “economic stimulus” package, but all they’ll stimulate is campaign cash for incumbents and more cynicism across the land
The White House says this corporate welfare is job-creation money, but there’s no requirement that the corporations getting the $25 billion in handouts have to create as much as a single job. It isn’t economic stimulus, it’s war profiteering . . . and it’s downright un-American.