Monday, 22 December 2008

The Root Cause Of The Economic Catastrophe

lifted wholesale from SeeingTheForest;

Everyone understands that the root cause of this economic catastrophe was corporate money's influence on our politics. Corporations are able to concentrate money. We, the People let them do that because it enables them to undertake large-scale projects. But currently executives can access that money and use it to influence politics through bribery and/or manipulating public opinion. Deregulation, unfair tax codes, loss of consumer and worker protections and decades of falling wages and benefits have been the result -- hardly in the interest of the public.

Until we stop allowing use of corporate money to influence politcians and the public these problems will only increase.

When are we going to come to grips with that?