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Politics : View from the Center and Left

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To: Bread Upon The Water who wrote (246881)3/8/2014 11:35:24 AM
From: T L Comiskey  Read Replies (2) of 542464
 
If it matters...Im no fan of R Naders...and yet....

his insights are......Spot On....Here......imo

The Megacorporate World
of Ronald Reagan excerpted from the book The Ralph Nader Reader (presented at The National Press Club, Washington D C., June 6, 1984)

Many years ago, when some of our nations political leaders were wise, Thomas Jefferson said that the purpose of representative government was to curb "the excesses of the monied interests." Many decades later, in I936, Franklin D. Roosevelt, one of the last presidents to hold corporations accountable for the state of the economy, promised that while "the malefactors of great wealth" had met their match in the previous four years, they would meet their master in the following four years. Ronald Reagan has the opposite plan in mind. During Mr. Reagan's first term, "the malefactors of great wealth," now described as big business or multinational corporations, have regularly met their obedient servant in the white house. The power of "the monied interests" has become ever more focused on turning representative government into a versatile accounts receivable for too many mismanaged, speculating negligent, avaricious, unsafe or downright criminal companies. This Reagan-corporatist revolution, whereby business regulates government in pursuit of private profit at the expense of the legitimate interests of Americans as taxpayers, consumers and citizens, has little to do with being conservative. It has everything to do with building a government of the Exxons, by the General Motors, and for the DuPonts.
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