Published on Friday, October 8, 2010 by Robert Reich’s Blog
The Secret Big-Money Takeover of America
by Robert Reich
Not only is income and wealth in America more concentrated in fewer hands than it’s been in 80 years, but those hands are buying our democracy as never before – and they’re doing it behind closed doors.
Hundreds of millions of secret dollars are pouring into congressional and state races in this election cycle. The Koch brothers (whose personal fortunes grew by $5 billion last year) appear to be behind some of it, Karl Rove has rounded up other multi-millionaires to fund right-wing candidates, the U.S. Chamber of Commerce is funneling corporate dollars from around the world into congressional races, and Rupert Murdoch is evidently spending heavily.
No one knows for sure where this flood of money is coming from because it’s all secret.
Phi Beta Iota: The FACTS are that Al Gore took the bribe offer delivered by Warren Christopher to roll over and play dead on the Florida high crimes and misdemeanors, and then Barack Obama took the bribe to receive $300 million still unaccounted for dollars in order to “play” President. What is happening right now is–we hope–the last act in the theater of democracy. It is time to flush both criminally irresponsible parties down the toilet, carry out Electoral Reform, and get back to being a Republic Of, By, and For We the People–respecting the Constitution and if necessary demanding the wholesale resignation of the Supreme Court Justices that confirmed corporate personality.