Day: October 10, 2010

The US Chamber Of Commerce, Foreign Corporations, And The Conservative Agenda! :(

News has emerged that the US Chamber of Commerce has been utilizing money from foreign corporations in India, Bahrain, China, Egypt, Saudi Arabia, Russia, Brazil and other locations to finance attack ads against Democrats and the Obama Administration!

American campaign finance laws are being broken in the name of promoting outsourcing of jobs overseas and giving huge tax breaks to multinational corporations! 🙁

The purpose is to elect Republicans who will be out to continue to advocate tax breaks for the wealthy, which will add $700 billion to the national debt over the next ten years! Also, the aim is to negate any regulation of Wall Street financiers, who caused the Great Recession and have no desire to reform themselves to prevent a future repeat of the same reckless behavior that led to the economic collapse that is the worst we have seen since the Great Depression of the 1930s!

It is clear that the insurance, banking and oil industries, along with many others, have declared war on the Obama Administration and want to see the reforms that have been accomplished in the past 20 months repealed or scaled back!

This is a sustained attack on the American population, most of which is suffering massively, for the aggrandizement of the elite upper class, which now has more of the national income, percentage wise, than at any time in American history! 🙁

If progressives lose the gains that have been made, the country will be going back to a “Gilded Age” mentality just two years after repudiating all of the abuses and shortcomings of the Bush era!

Can the masses of people be that shortsighted, that easily manipulated, that unaware of the damage they would be doing? This is not a time for the average American who voted for change to sit on their hands and be apathetic! The stakes are too high to choose to ignore reality!