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Our government is now merely the enforcement arm of powerful corporations.

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Vinnie From Indy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 02:34 PM
Original message
Our government is now merely the enforcement arm of powerful corporations.
I just got a self-congratulatory email from Sen. Evan Bayh. He was lauding his work on the recent credit card bill that is supposed to protect me from the criminal enterprises known as national banks. Funny thing is that less than ten minutes after reading his email, I opened up my credit card statement and saw my 8% credit card is now a 29.99% credit card. They have retroactively assigned a 30% interest to debt already incurred.

Gee, thanks Evan you piece of fucking shit! Oh yeah! Evan's wife earns HUGE dollars at Wellpoint (national health insurer) as a board member. I think last year it was over 300k for 15 or so meetings. Any bets which way Evan Bayh will vote on national healthcare?

America is broken!
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w4rma Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 02:41 PM
Response to Original message
1. I bet Bayh "forgot" to mention that his work on the credit card bill was to water it down. (nt)
Edited on Thu May-21-09 02:41 PM by w4rma
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MindPilot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 02:45 PM
Response to Original message
2. I just got two emails, one claiming victory over the credit card companies
the other calling the bill " A Sham Without Usury Protection"

From moveon.org:
"Dear MoveOn member,
You spoke out for credit card reform, and we won a major victory! President Obama is signing the Credit Cardholders' Bill of Rights.

Retroactively raising interest rates for no reason? Not anymore. Charging you late fees when they're late in processing your payment? Illegal. Giving cards to college students who have no ability to pay for them? Not without a parent's approval.1

Congress passed the bill overwhelmingly, despite opposition from Wall Street. Now, it's critical that we thank our representatives in Washington for standing strong—it shows them that voters will support them if they keep taking on the big banks."


From The Pen:
"The Credit Card Bill S. 627 Is A Sham Without Usury Protection

The headline today read "Reform may mean good card users pay more", even as the Senate passed their totally phony credit card bill, S.
627. The one thing that actually mattered, an amendment to limit interest rates to a very generous 15 percent was killed. With the government bailing out some of these same companies, and giving them money for zero interest, how greedy can they possibly get? Oh, but they had no problem tagging on a totally unrelated Wild Bill Hickok in our national parks provision."

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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 03:21 PM
Response to Reply #2
4. the carry in the parks was in the credit card bill? jeez.
i'm really curious about who pushed for carry in the parks, & why.

especially in this time of deep recession, when i expect there are folks seeing "living in the woods" as a serious option.
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endarkenment Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 04:12 PM
Response to Reply #2
6. moveon lost its brains
stripping usury protection out of this bill was an act of craven corruption. The resulting bill is a fig leaf. We, the people of this republic are totally fucked.
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:33 AM
Response to Reply #6
15. moveon lost its credibility
after going silent after the second stolen Bush election, after a preelection plethora of house parties.

:thumbsdown:
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Raksha Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:37 PM
Response to Reply #15
25. I attended one of those post-election house parties in 2004.
Election fraud was the biggest issue for those who attended (they took a poll) and yet the Move-On people didn't want to talk about it. They wanted to...you know, "Move On" to 2008. I haven't been to a Move-On house party since, although I'm still on their e-mail list.
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:48 PM
Response to Reply #2
28. Moveon is a disapointment now
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 03:18 PM
Response to Original message
3. Correction.
Edited on Thu May-21-09 03:18 PM by progressoid
Our government has been the enforcement arm of powerful corporations for years.

For too many years.

K/R
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onethatcares Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 04:27 PM
Response to Reply #3
8. amen to that, and all you have to do is
look at the whiskey rebellion, the invasion of the Dominican Republic, the Phillipine insurrection and the settling of the United States to see that.

Peace
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 11:54 PM
Response to Reply #3
12. It ain't just bananas anymore.
:shrug:
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aldo Donating Member (297 posts) Send PM | Profile | Ignore Thu May-21-09 03:27 PM
Response to Original message
5. And Obama's their bitch eom
nt
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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:31 AM
Response to Reply #5
13. oh come on "aldo"
:evilfrown: feel better now?
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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 04:15 PM
Response to Original message
7. I'd say, "thanks for the payback on the bailout--but shouldn't other people get some too?
heh--they'd so spank my ass.
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closeupready Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 04:27 PM
Response to Original message
9. Yep.
n/t
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Vidar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 04:45 PM
Response to Original message
10. K&R.
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autorank Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 11:35 PM
Response to Original message
11. 100% Agree k*r It's The Money Party in action
Edited on Thu May-21-09 11:37 PM by autorank
"The Money Party is a small group of enterprises and individuals who have most of the money in this country. They use that money to make more money. Controlling who gets elected to public office is the key to more money for them and less for us. As 2008 approaches, The Money Party is working hard to maintain its perfect record.

"It is not about Republicans versus Democrats. Right now, the Republicans do a better job taking money than the Democrats. But The Money Party is an equal opportunity employer. They have no permanent friends or enemies, just permanent interests. Democrats are as welcome as Republicans to this party. It’s all good when you’re on the take and the take is legal." http://www.scoop.co.nz/stories/HL0709/S00549.htm
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steven johnson Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:32 AM
Response to Original message
14.  Lincoln: "corporations have been enthroned and an era of corruption in high places will follow"
Here is a sobering quote by Abe Lincoln:
"I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. . . . corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed."
-- U.S. President Abraham Lincoln, Nov. 21, 1864

http://www.ratical.org/corporations/Lincoln.html
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:45 AM
Response to Original message
16. Capitalism Rocks!
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Raksha Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:48 PM
Response to Reply #16
29. Nope...CAPITALISM SUCKS!!!
Edited on Fri May-22-09 12:50 PM by Raksha
Pass it on!
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jeanpalmer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 03:35 AM
Response to Original message
17. Agree
These politicians are nothing more than crooks. Bribe takers. Our system is broken, and it's so obvious. It cries out for a remedy. It's hard to believe that they are unaware of it. Will Obama or the Democrats propose a solution?

These people are engaging in acts that in my state are classified as felonies. I've lost all faith in government because of it. And I don't think it can be reformed. It's like trying to get rid of the mafia once they have their fangs into you. Impossible.
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pleah Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 07:54 AM
Response to Original message
18. K&R
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 08:41 AM
Response to Original message
19. K&R
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 08:42 AM
Response to Original message
20. Yep, under cheney/bush
Now being carefully retro-fitted to be We The People, but it is gonna take time and a LOT of work to make that revision back to the intent of the Founders.
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jgraz Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 10:12 AM
Response to Original message
21. Whaddya mean "now"?
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Karenina Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:17 PM
Response to Original message
22. Is "NOW???" Read Smedley Butler. n/t
Edited on Fri May-22-09 12:18 PM by Karenina
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rationalcalgarian Donating Member (140 posts) Send PM | Profile | Ignore Fri May-22-09 02:59 PM
Response to Reply #22
33. Agreed!
Just read "War is a Racket". Too bad more people didn't read this in the '30's, not just in the US but around the world! But it's never too late. For those who haven't read it yet: get it, read it, and pass it on to those you love or, better yet, to those chickenhawks of your acquaintance. Get the word out!
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Individualist Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:21 PM
Response to Original message
23. Nothing will change as long as neocons and DLC trade control of government.
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:34 PM
Response to Original message
24. supposedly the big corporations are not happy with what passed
You get half a glass of water and that's not good enough so you say that the government is in collusion with the corporations to deny you water.

Would you really be happy paying 15%? I wouldn't. Also, I believe what just happened to you, will no longer be legal once that legislation takes effect. 1) They could not raise your rate unless you were 60 days late on a payment, and 2) they would need to give you 45 days notice before they raise your rate.
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bluesmail Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:39 PM
Response to Original message
26. Evan Bayh, the D after his name is misleadingly dishonest. eom
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mitchum Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:40 PM
Response to Original message
27. The 2 party system provides the electorate the illusion of choice
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Triana Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 12:53 PM
Response to Original message
30. "America is broken"
You got that right.
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democrank Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 01:00 PM
Response to Original message
31. K & R
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 02:27 PM
Response to Original message
32. "Our government is now merely the enforcement arm of powerful corporations."
Noticed that, too, did ya? Between the banks, the military industrial complex and the insurance industry we are FUCKED.
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Grinchie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 03:31 PM
Response to Original message
34. Stop supporting the Corporations
It's a simple statement to make, but the reality of "Stop Supporting the Corporations" is to find your own ways of providing for your needs, instead of relying on them for everything you need to exist. Additionally, you have to categorize the services you require for day to day existence carefully, such as food, water and housing.

Where not mandated by legal obligation, we have dropped all insurance coverage, since the Insurance companies are bankrupted, and were just as depply involved as the major failed banks were in the CDS fiasco. We no longer support the Cable Companies and their vile media providers. We do not support any year long contractual obligations to Communications companies. We never keep more than 5 gallons of gasoline in our cars unless we are going to use it right away.

We buy ancient antique tools that have lasted half a century, and enabled our grandparents to produce things without Electric Drills, Generators, or other power equipment. We buy saws and other instrements that can be resharpened and reused with stones and files, instead of being discarded do to manufacturing defects such as incorrect, chinese steel, or improper hardening techniques.

We have cost effective potable water storage that will last 6 months. We grow much of our own food, and we have a biodiversity that would make most arboretum's envious.

The most amazing thing about moving away from the rat race is that it is truly a free life. Focusing on what it take to be happy, industrious, and looking forward to every day of existance is incredibly rewarding. The skills and tools required to make a comfortable life anywhere can be carried on your back and in your head, and most people are so specialized into their own little rat race pigeonhole that they cannot function on their own.


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Hanse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-22-09 03:47 PM
Response to Original message
35. The credit card bill was a major victory for the consumers.
It puts major restrictions on credit card companies.

Any honest person who really cares about the issue should be proud of this bill.
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