Regulate Twitter – And FB, Google Etc.

So Twitter is melting down. Twitter became the de facto “town square.” It was a “public good” where We the People could get news and discuss things.

One super billionaire (plus Saudi Arabia) purchased it and is destroying it. He was allowed to purchase in an obvious attempt to influence what the pubic understands – against the “public interest.” This is because we no longer have a functioning government.

We are SO FAR from remembering that corporations are entirely creatures of law, which means they are created by OUR laws. Nothing more. We the People – government – created the idea of corporations as a way to get investment for large projects – things WE want done. Corporations were created to SERVE US.

We used to REGULATE corporations to be sure that these entities we created act in the public interest. Here we are with such an OBVIOUS demonstration of the need for government to step in and regulate. Quickly. But the concept has been erased from our brains.

We Are Supposed To Be The Boss Of Them.

Government is supposed to be We the People acting to make OUR lives better. It has been “captured” and acts now only on the interest of those who own these entities and so often against the interest of We the People. We allowed corporate money to “leak out” of the corporation and be used by individuals (the executives of the corporation) to literally bribe government officials to look the other way and allow them to loot the corporations and public sphere. That money also feeds a massive propaganda apparatus that brainwashes us into forgetting the very idea that We the People are supposed to be in charge here.

I recently wrote about this here: Understanding What a Corporation Actually Is Can Help Restore Democracy

Understanding What a Corporation Actually Is Can Help Restore Democracy

This post originally appeared at Imagine Democracy.

“Some corporations do bad things.” “Corporations bribe politicians.” “Good corporations don’t harm people.” “Corporations are greedy.”

Almost everything we read and hear about corporations destructively misstates what corporations are and why we have them. Understanding what a corporation really is has enormous implications for our democracy.

Corporations Don’t “Do” Things

Here’s the thing: A corporation is a contract. It is a legal agreement enabled by our (“We the People”) government. That’s it.

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How To Fix The World

I have come to believe it is a waste of time to discuss “policy” anymore. Billionaires and corporations control the legislative and administrative branches. And that’s that. Period.

We can’t get anything through the Congress, no matter what. The Executive branch lives in a neoliberal mindset. The agencies are controlled by lobbyists. (Once in a while something can happen, but if we fix corruption, we fix all of it.)

Activists should put 100% of effort into fixing this. Fix money in politics and corruption. Nothing we advocate can happen otherwise. Everything we fight for will happen if these are fixed – because the public wants the same things. (That’s why we do what we do.)

There really is no other fight.

Sanctions On Russian Oligarchs Won’t Work But Sanctions On Russia’s Economy WIll

Sanctions on Russia’s oligarchs won’t work. The idea is that imposing sanctions of Putin’s oligarchs will cause them feel pain and do something about Putin. This is a US-centric view of how it works:

– In the US the oligarchs tell the government what to do. In Russia it’s the other way around. Putin tells the oligarchs what to do.

– BECAUSE this is how it works here, the US continues to allow oligarchs to hide their wealth behind anonymous “shell” corporations. So oligarch assets remain safe. Shell corporations owned by oligarchs can continue to buy real estate, art, etc.

– Also hidden assets of politicians, collected from oligarchs, remain safe.

WSJ, How Donald Trump’s Web of LLCs Obscures His Business Interests,

President-elect Donald Trump owns a helicopter in Scotland.

To be more precise, he has a revocable trust that owns 99% of a Delaware limited liability company that owns 99% of another Delaware LLC that owns a Scottish limited company that owns another Scottish company that owns the 26-year-old Sikorsky S-76B helicopter, emblazoned with a red “TRUMP” on the side of its fuselage.

Sanctions on Russia’s economy are another matter.

Congratulations Corporations, The Next President Will Be Your Business Partner (Updated)

This post first appeared at Government Cheese – Chronicling the collapse of democracy

It hasn’t sunk in yet but yesterday’s vote to allow Republican election-rigging and keep the filibuster marks the end of democracy. From here on out the fight is over. Republican efforts to rig the next elections will now accelerate. They know they have a free hand to do what they want. The public will tune out, understanding that nothing can change.

Billionaires and corporations funded and engineered the effort to keep the filibuster. Their thinking is that they’re at the top of a system rigged in their favor, and the filibuster keeps anything from changing. The filibuster has maintained their position at the top of the pyramid, blocking all efforts by the people to use government to change the rigged system. All Republicans were part of this pay-for-play operation, of course, but so were many Senate Democrats under Obama, and now Manchin and Sinema.

The corporations and billionaires think the current system of paying politicians to keep the money flowing to them has been locked in.
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Brilliant – Watch This Clip

Watch this clip. Brilliant. Follow the money behind the votes. It really is just paid corruption.

“David Sirota critiques coverage of DC budget battles
Reliable Sources

Former Bernie Sanders campaign advisor David Sirota says the news media should be following the money on Capitol Hill, sharing context “about which industries are buying which politicians.” Sirota also argues that the global financial crisis of 2008 and 2009 is impacting American politics today.”

I can’t find a way to post the clip here so Click This to watch.

Corruption Bred Corruption, Until…

This post first appeared at Government Cheese.

Corruption always breeds greater corruption. Once someone can get ahead through corruption they have an advantage over the non-corrupt. The non-corrupt can’t compete and are driven out.

Allowing money to influence politics AT ALL (including “think tanks,” “non-profits” like ALEC, corrupt information sources like Fox, Epoch Times & talk radio, etc) bred greater and greater corruption to the point where a corruptly-constituted Supreme Court allowed unlimited money in political campaigns. That unlimited money drives a massive and unbeatable influence machine.

And then there’s just basic corruption – politicians paid by oil companies to allow them to profit off of killing the planet.

Our “system” is probably irretrievably corrupted. Tobacco kills around 480,000 Americans each year and causes a huge amount of disease and suffering beyond that. It is still legal and largely uncontrolled.

And, of course, the climate crisis has been allowed to reach a tipping point.

(Yesterday a “liberal” friend was talking about how “progressives” killed the infrastructure bill. That “opinion” comes straight from corrupt information sources. Despair.)

Planet-Killing Corruption In Plain Sight

This post first appeared at Government Cheese.

One senator who makes a fortune from coal is blocking the country from last-ditch efforts to keep the climate crisis from becoming catastrophic. Well, it’s really one Democratic senator and EVERY Republican – all of them, their entire party and propaganda infrastructure paid by the fossil-fuel industry. But they go unmentioned.

The Guardian explains, in, Joe Manchin leads opposition to Biden’s climate bill, backed by support from oil, gas and coal,

In the current electoral cycle, Manchin has received more in political donations from the oil and gas industry than any other senator, more than double the second largest recipient. He is also the No 1 beneficiary of donations from the coal mining sector, leads the way in money accepted from gas pipeline operators, and is sixth in the ranking of senatorial donations from electricity utilities.

… But Manchin’s ties to the fossil fuel industry run deeper than political donations. After initially working in his family’s furniture and carpet business, Manchin set up a coal brokerage firm called Enersystems in 1988, running it until he became a full-time politician.

… His shares in Enersystems are worth between $1m and $5m, according to his latest financial disclosure document, with the senator receiving more than $5m in dividend income from the company over the past decade. The coal brokerage represents 71% of Manchin’s investment income, and about a third of his total net worth.

For history there should be a memorial monument that names names. It should list the names of individuals who contributed to the horrific situation they inherit.

But place that monument well above sea level.

The Bipartisan Mistake

Joe Biden’s agenda – if it survives at all – was massively watered down by the insistence on negotiating a “bipartisan infrastructure bill.” This is the same thing that happened to Obama’s health care bill.

– Negotiating with bad-faith Republicans wasted months
– The result was ridiculous and requires the reconciliation bill to restore essential components
– The reconciliation bill is being watered down by corporate interests paying some Democrats
– The reconciliation bill might even be killed by these corporate interests

What is it about Democrats that causes them to instinctively require Republican permission to get anything done?

This time they’re fucking around with the last remaining effort to do something to contain the climate crisis.

Senate Dems Are Complicit In These Shootings

More shootings, nothing happens. Decades of shootings nothing happens. Millions of guns on our streets is hundreds of millions of gun manufacturer corporate profit and we all know that is why nothing happens. (Same for climate, healthcare, tobacco, you name it. It is blatant corruption and we all know it.)

I am just so sick of this. The public has been begging the Congress to do something about this for so long. Begging. Children in schools have to do “active shooter drills.” I had to do “duck and cover” nuclear war drills and it was traumatizing, imagine children doing these drills and then hearing about school after school being shot up. The adult public also lives with fear of being in a mass shooting.

41 Republican senators represent 21% of the public. The filibuster blocked anything from happening and Dems would not end the filibuster. That is the definition of “complicit.” Dems who allowed the filibuster to continue before this are complicit in this week’s shootings. Any Dems still allowing this to continue are complicit in every future shooting.

Right now we have fascists walking the streets with assault weapons openly displayed. That is fucking terrifying.
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On “Speaking Fees,” Biden and Yellen

In the 90s there was a scandal about “buckraking,” where journalists were reporting positively about certain moneyed interests while raking in huge “speaking fees” from them. (A good example was 1996’s Money Talks by Howard Kurtz, Part 1, Part 2.)

While Congress has since banned honoraria for its members, the market for reporters and pundits who speak to business audiences has never been hotter. Some big-name media people routinely receive $15,000, $30,000, even $50,000 for a single speech. And the bulk of that money comes from corporations and lobbying organizations with more than a passing interest in the issues the journalists write about and yak about for a living.

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Protectionism, Trade and Democracy

This post originated at Imagine Democracy

“Protectionism” literally means we, as a nation, protect our national interests. It is one more word that has been twisted to make people think it’s a bad thing, like “entitlement” (the things we are entitled to as citizens in a democracy) or “welfare” (people in a democracy making each others’ lives better.)

“Trade” is about competitive advantages. It used to mean one region can grow bananas and another can grow corn, and by trading they each end up with both bananas and corn in their kitchens. (Good.) Today, though, it means authoritarian governments have the “competitive advantage” of allowing slavery and pollution so their factories can make things for less. So (the executives of) big corporations move production there, then squeeze the remaining workforce here with threats to move their jobs as well if they won’t lower their standard of living. (Bad.) All the gains of that “trade” are passed to a few already-wealthy owners and managers of that means of production. They use some of the gains to influence our laws to allow them to do this.

A democracy obviously would consider its people’s standard of living an interest worth “protecting” and would never allow businesses to influence lawmaking.

Trade can be done a different way but that requires democratic governance. Economists (used to) tell us that society gained from trade because making the economy more “efficient” by moving production to lower-cost regions frees up resources, providing increased investment and general prosperity; better infrastructure, higher pay and more free time for everyone in the society. And the production moved to the lower pay area means jobs and investment there, so they also move up that same ladder to increased investment and prosperity. That assumption depended on viewing society as liberal democracies capable of making and enforcing rules that would pass these gains on to everyone.

The failure of our country to maintain itself as a democracy has resulted in the allowance of trade with slavers and polluters, resulting in the extreme inequality we see. Thereby enabling further squeezing of workers and environment here. It also incentivizes authoritarian governments to allow slavery and pollution.

The solution to this, and so many other problems, is, of course, to remove the influence of money from our political system.