Saturday, August 9, 2008

Corporatocracy Rising

Big Business Is Making Sure It Wins the Presidency
By Matt Taibbi, RollingStone.com. Posted August 9, 2008.

It's the same old story: Money talks, and bullshit walks. And don't be surprised if we're the ones still walking after November.

snip

.....The truth is that the campaigns of both Barack Obama and John McCain are being inundated with cash from more or less exactly the same gorgons of the corporate scene. From Wall Street to the Big Oil powerhouses to the military-industrial complex, America's fat-cat business leaders know that the Animal House-style party of the last eight years that made almost all of them rich with bonuses, government contracts and bubble profits is about to come to an end, and someone is going to have to pay to clean up the mess. They want that someone to be you, not them, and they've spared no expense to make sure both presidential candidates will be there to bail them out next year.

They're succeeding. Both would-be presidents have already sold us out. They've taken the money and run -- completing the cyclical transformation of the American political narrative from one of monopolistic Republican iniquity to an even more depressing tale about the overweening power of corporate money and the essentially fictitious nature of our two-party system.

In layman's terms, we've gone from being screwed to being fucked. Who knows -- maybe Barack Obama will surprise us if he wins the election. But if you look at the money, it doesn't look good.
Thanks in part to the dormant FEC, corporate America has had even easier access to the candidates than usual in its effort to buy off the next government before the crash........

read the whole piece here

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