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				Letters and Articles on Corporate Power   
				Unless otherwise noted, letters were submitted to the 
				Lawrence Eagle-Tribune newspaper   
				Where's the Outrage? 
				22 March 2006
 
				Where is the outrage? Corporate CEOs get multi-million dollar 
				salaries and bonuses and they get them regardless of how they or 
				their companies actually perform. Meanwhile, they lay-off 
				thousands of employees and/or ask them to take massive pay cuts 
				and/or ship their jobs overseas. In addition, those few 
				companies with defined benefit pension plans are canceling them, 
				often passing the cost off onto the taxpayers (who are the same 
				workers who are losing their livelihoods) via the Pension 
				Benefit Guarantee Corporation.
 However, the top officers make sure to take care of themselves. 
				They still get their obscene pensions and no-show consulting 
				fees. This compensation comes directly out of the pockets of 
				shareholders, workers, and consumers. They then bribe the 
				government to give them massive tax cuts so that they can keep 
				even more of our wealth. Why do they do this? Because they can.
 
 Any society with a sense of fairness would be staging a 
				revolution. Instead, people expend all of their energy on 
				whether gays should be allowed to marry, whether to teach 
				creationism in the schools, and who should win "American Idol." 
				It serves the interests of the CEO's and the government 
				officials who do their bidding for us to be distracted this way.
   
   
				Job Creation Where? 
				22 November 2011
 
				Republicans are always referring to the large corporations and 
				the rich as "job creators." I have to confess that they do 
				create jobs -- in Mexico, China, India ... They just aren't 
				creating them here. I guess that paying a living wage and 
				benefits to Americans just lowers profits too much for the 
				executives to get their full bonuses.   
   
				Corporate Welfare Never Pays Off 
				31 May 2012
 
				This newspaper's editorial on the failure of 38 Studios misses 
				the main lesson to be learned from the experience. In their race 
				to the bottom to attract business, cities and states offer them 
				large tax breaks and subsidies that always cost more than the 
				value of the jobs created. These companies then show no loyalty 
				and move as soon as they can find a cheaper place to do 
				business, laying off the workers hired and leaving the taxpayers 
				holding the bag. This is known as corporate welfare. Of course, 
				these deals never seem to contain claw back provisions to recoup 
				the giveaways. It's way past time that government leaders 
				learned that giving in to corporate extortion never pays off.
 
 
				Another Giant Merger
 
				31 May 2012
 
				Once again, two corporate giants have been allowed to merge with 
				only the most cursory review. This time, it's NStar and 
				Northeast Utilities. I don't recall seeing a call for public 
				comments on this. If there had been one I would have said that, 
				in the wake of bailing out "too big to fail" banks, we have no 
				business allowing huge corporations to merge and get toobig to regulate. Where is enforcement of the anti-trust laws 
				that were passed 100 years ago to stop such abuses back then. Do 
				we learn nothing from history?
   
   
				Corporate Fraud Should Mean Prison 
				21 July 2012
 
				Every day exposes a new scandal involving fraud and other 
				criminal acts on the part of giant banks and other corporations. 
				The small fines that are erratically levied are not serving as a 
				deterrent. They are just considered an ordinary cost of doing 
				business that can be written off. Meanwhile, millions of 
				ordinary real people suffer the consequences. It is past time 
				that the limited liability laws were revised to make employees 
				of corporations (including the top executives) personally liable 
				for criminal activities. They should be indicted, tried, sent to 
				prison, and be required to make restitution. Sadly, this will 
				not happen as long as elected officials are controlled by 
				corporate lobbying and campaign contributions. 
				    
   
				Secret Trade 
				Treaty Is a Corporate Power Play 
				23 November 2012 
				  
				For the past two years, the nations of the Pacific Rim 
				(including the UnitedStates) have been negotiating a massive "trade" treaty.  The 
				proceedings
 have been kept secret from Congress and the public, but 
				representatives of the major multi-national corporations are 
				primary participants. They are
 developing a new world order that will raise corporate rights 
				above those of people and governments.  Leaks reveal it to be a 
				wish list of corporate
 givaways like those from NAFTA and the World Trade Organization, 
				only much more so.  Its effects would be to:
 
 Severely limit the ability of governments at all levels to 
				regulate foreign
 corporations operating within the United States.  Indeed, it 
				would give them greater rights than domestic firms.
 
 Provide American companies with even greater incentives to ship 
				jobs
 overseas to countries with low wages and weak environmental 
				laws.
 
 Allow corporations to sue governments for any laws that reduce 
				potential
 future profits.  These include laws for consumer, labor, or 
				environmental
 protection and that give buy-local preferences.  These would be 
				tried in
 special international tribunals whose judges are the same 
				attorneys that
 work for the multi-national corporations.  History so far has 
				shown that the corporations always win these cases in these 
				biased courts.
 
 Just as with similar treaties, the plan is to present it to 
				Congress for a
 rapid vote before its full implications can be digested and 
				debated.  This
 massive usurpation of our rights on the altar of corporate 
				profits and power must be stopped.  Congress and citizens must 
				insist that these negotiating sessions be opened up to full 
				public scrutiny and exposed as the giant corporate giveaway that 
				they are.
 
 
 
				  
				Jay 
				Ambrose Is a Corporate Shill18 February 2015
 
				  
				As is to be expected, Jay Ambrose writes as a shill for the 
				giant corporations. In his February 13 column, he decries the 
				FCC classifying internet service providers as utilities so that 
				they can be regulated.  What he neglects to mention is that this 
				was the result of a massive grass-roots push in order to protect 
				consumers from predation by these giant corporations who want to 
				control the content that can be posted and impose extra fees for 
				decent service. It was also made necessary by a 
				corporate-friendly Supreme Court ruling that net neutrality 
				could not be preserved in any other way.  This government 
				regulation serves to increase freedom for individuals and 
				protect them from being constrained by the corporate drive for 
				greater profits at our expense.
 He claims Congress is working on legislation providing these 
				protections.  Given their recent history and certain 
				interference by corporate lobbyists, I am not holding my breath 
				on getting a law that serves our interests over those of the 
				ISPs.  Also, the history of corporate mega-mergers demonstrates 
				that the anti-trust laws are virtually never enforced.  Finally, 
				he cites the Heritage Foundation.  It must be noted that this 
				think tank was founded by the Koch brothers and other 
				industrialists to serve their corporate agenda.  They are no 
				friend of working people or consumers.
 
				  
				  
 
				  
				More Corporate Whining10 January 2016
 
				  
				There they go again.  The corporate founded and funded Heritage 
				Foundation is complaining about government regulation (The 10 
				Worst Government Regulations of 2015 - Jan. 4).  There is a very 
				good reason for regulating corporations.  Many of the 
				largest companies have strong sociopathic tendencies and seek to 
				maximize profits, regardless of the collateral damage done in 
				this relentless quest.  Therefore, they need to be kept on a 
				tight leash.  Let's address the specific points:
 Tombstones:  This is merely an example of one giant power group 
				seizing more influence than another.  Sadly, it's how politics 
				is done in our country.
 
 Salt:  The fact is that restaurant food is seriously over-salted 
				because other seasonings are more expensive.  I doubt that 
				Americans are in any danger of not getting enough salt.
 
 Birth Control Insurance:  Despite Supreme Court rulings, 
				corporations are not people and cannot have a religion.  The 
				real issue is worker versus employer rights.
 
 Minimum Wage:  The purpose of the minimum wage is to prevent a 
				race to the bottom in worker pay.  The fact that so many 
				employers pay exactly this amount proves that they would keep 
				driving wages lower and lower if they could.  The current 
				federal minimum already keeps workers in poverty.
 
 Energy Efficiency Standards:  Despite the fossil fuel industry's 
				denials, the
 earth is heating up due to carbon dioxide emissions (2014 and 
				2015 were the hottest years on record) and we do need to reduce 
				energy use.  Setting efficiency standards allows consumers to 
				objectively evaluate which products are best and saves us 
				money.  It's been revealed that the oil companies predicted 
				global warming 40 years ago, but buried the research because it 
				threatened profits.
 
 Waterway Jurisdiction:  History has proven that, without 
				government regulation, corporations will wantonly pollute and 
				neglect basic safety precautions.  Giving the Army Corps of 
				Engineers and Coast Guard jurisdiction over our waterways and 
				wetlands helps to ensure that people and freight travel safely 
				and that wildlife can be at least somewhat protected.  Remember, 
				we do share this finite planet with other species.
 
 Internet:  The reality is that a small number of giant 
				corporations do control most access to the internet.  They have 
				already tried to set access speeds based on charging content 
				providers extra and restrict what content can be posted.  
				Without complete net neutrality, small users and content 
				providers (i.e., ordinary citizens) risk being squeezed out.
 
 Clean Power Plan:  Coal has the highest carbon and general 
				pollutant output per unit of energy generated and mining it does 
				the greatest environmental damage of any fuel.  We do need to 
				get this under control, but the coal companies and their think 
				tanks will oppose any limits tooth and nail.  Even Republican 
				president George W. Bush had a "clean coal" plan.
 
 We already tried letting industry have free reign back in the 
				19th and early 20th centuries.  We wound up with dangerous 
				consumer products, air we couldn't breathe, water we couldn't 
				drink, and soil too contaminated to live on.  It took the power 
				of government to force them to clean up their acts.
 
				  
				Original column:http://www.eagletribune.com/opinion/column-the-worst-government-regulations-of/article_9fc44571-ce32-5b3d-a0a2-0d63a0174936.html
 
 
 
				  
				Why We Keep Needing More Regulations5 July 2016
 
				  
				Richard Williams gives the usual Republican screed against 
				government regulation ("Celebrating red, white and blue -- not 
				red tape - July 1). What he fails to disclose is that the reason 
				agencies keep issuing all of these rules is because corporations 
				keep trying to cheat. They use armies of lawyers and accountants 
				to keep finding arcane loopholes in the laws intended to protect 
				workers, consumers, communities, the environment, and even 
				investors in their relentless pursuit of maximizing short-term 
				profits at all costs. This forces the government to constantly 
				scramble to plug the leaks. A good example is making predatory 
				loans and selling the associated junk real estate bonds as AAA 
				investments, which resulted in crashing the world economy in 
				2008. If corporations had a strong culture of ethical behavior, 
				then we wouldn't need all of these laws and regulations.
 
				  
 
				  
				Drug Prices31 August 2016
 
				Why do pharmaceutical companies suddenly jack up the prices of 
				their products by factors of five or ten? Because they can. In 
				America, it is illegal for the government to negotiate lower 
				drug prices (a Republican insert into the Medicare Part D 
				legislation -- along with the "donut hole"), health insurance 
				companies have no incentive to, and desperate patients will pay 
				to protect their health / lives. Remember that, according to 
				stock analysts and top corporate executives, there is no higher 
				value in the world above maximizing profits, regardless of who 
				gets hurt or the damage done in that quest. And, with their huge 
				paychecks, they can afford those prices themselves, so what's 
				the problem?
 
				  
 
				  
				Corporate Rights Overreach10 December 2016
 
				  
				In a classic example of the abuses allowed by the Supreme Court 
				created concept of corporate personhood, Exxon is suing the 
				Massachusetts Attorney General's office over its investigation 
				of the company's cover-up of its climate change research, 
				claiming that it violates their rights under the 1st, 4th, and 
				14th Amendments to the Constitution. Notwithstanding that this 
				is equivalent to a criminal suing the police for serving a 
				search warrant, the fact is that the idea of corporations having 
				the same rights as people is a complete legal fiction 
				manufactured out of thin air by the Court in 1886 and then 
				repeatedly compounded by a long series of corporate-friendly 
				justices granting them more and more "rights," despite that fact 
				the word "corporation" never actually appears in the 
				Constitution. Such travesties demonstrate why it is essential 
				that we pass an amendment declaring that corporations are not 
				people. 
				  
 
				  
				ALEC and 
				Republican Cabal6 - 31 December 2016
 
				Original Letter (12/06/2016):
 http://www.EagleTribune.com/opinion/letter-convention-of-states-could-rein-in-federal-government/article_898b6723-e931-5416-ab31-0f15b413b7d2.html
 
 
				14 December 2016: 
				  
				Rebecca Giambarresi calls for a constitutional convention to 
				reduce the regulatory powers for the federal government. She 
				calls it a grassroots movement, but the reality is that it's 
				pure astroturf. What she fails to mention is that this is an 
				ongoing initiative by the American Legislative Exchange Council 
				(ALEC) -- a cabal of giant corporations and the Republican party 
				to write and pass laws that favor their interests at the expense 
				of everyone else.
 ALEC writes model legislation to be passed in 
				Republican-controlled states to disenfranchise poor minorities, 
				expand private prisons, relax gun safety regulations, weaken 
				environmental protections, bust unions, and privatize education, 
				among many others. To date, they have gotten 28 states to call 
				for such a convention to ram through a suite of amendments that 
				would cripple the federal government's ability protect workers, 
				consumers, the environment, and civil rights as well as starve 
				safety net programs for the poor.
 
 The only pending amendment that actually benefits ordinary 
				Americans is the "We the People Amendment" that holds that 
				corporations are not people and money is not speech. This would 
				be the first step in preventing the above abuses of our 
				democratic system.
 
				  
				Response to my letter (12/20/2016):http://www.EagleTribune.com/opinion/letter-alec-a-legitimate-organization-of-patriotic-citizens/article_27dda9d7-2bc5-5a95-8790-e9e0b639ed86.html
 
 
 26 December 2016:
 
 In response to my letter, Rebecca Giambaressi refers to ALEC as 
				a group of "patriotic citizens, organizations, and legislators." 
				This might be true if you consider multinational corporations to 
				be citizens (as the Supreme Court erroneously does) and 
				patriotism to be maximizing their profits. Contrary to Ms. 
				Giambaressi's assertion, this group's only objective is to make 
				government work more effectively to advance the profits of these 
				corporations at the expense of ordinary working people and the 
				environment and to put/keep their Republican allies in control 
				to advance this agenda.
 
 Their initiatives include harsh voter ID laws aimed at excluding 
				poor black voters combined with strategic redistricting that 
				dilutes their influence (thus reducing votes for Democratic 
				candidates), minimum sentencing laws that increase the rate of 
				incarceration and the need for more prisons, union busting 
				"right to work" laws, the gutting of environmental protections, 
				handing over protected federal lands to mining and oil drilling 
				interests, privatizing Medicare and Social Security, and much, 
				much more.
 
 Don't be fooled. ALEC does not represent the public interest -- 
				only corporate greed and the selfish interests of the 1%.
 
				  
 
				  
				"Right to Work" Designed to Destroy Unions18 February 2017
 
 
				Unlike Don Ewing, I am relieved 
				that Republicans in the New Hampshire House of Representatives 
				rejected the Senate's union busting "right to work" law. This 
				law, written by corporate lobbyists at the American Legislative 
				Exchange Council (ALEC), is cynically designed to starve unions 
				of resources so that they cannot fulfill their purpose of 
				protecting their members' interests. Mr. Ewing's assertion that 
				opting out of union membership allows an employee to negotiate 
				his own deals erroneously assumes that there is a level playing 
				field between an employer and an individual worker. However, the 
				reality is that, without the presence of a union, the employer 
				holds all of the power to set pay and working conditions. A 
				prospective employee can only take it or leave it and has no 
				assurance that he will do any better with the next company.
 The reasons that right-to-work states have faster job growth 
				than union rights ones is because corporations move there 
				explicitly to shut down their union shops. However, pay and 
				benefits in those states are lower, demonstrating the results of 
				having weakened or no union representation. It is the exact same 
				reason that also motivates them to ship jobs to low-wage, 
				third-world countries.
 
 Unions might not be perfect, but it is only their collective 
				bargaining power to represent all workers that gives any balance 
				of power with corporate management. Any worker who thinks that 
				he can be freeloader who can have union pay, benefits, and 
				protections without having to pay for it is only hurting his own 
				interests in the long run. If enough workers opt out, then the 
				union collapses and the employer becomes free to exploit and 
				abuse its workers as it pleases.  And, that is the law's 
				ultimate intent.
 
				  
 
				  
				Ordinary 
				Americans Betrayed by Republicans and Trump8 April 2017
 
				  
				With the appointment of Neil 
				Gorsuch to the Supreme Court, corporate interests now completely 
				control all three branches of government and Republicans and the 
				Trump administration are racing at breakneck speed to betray the 
				people who they fooled into voting for them. Just so far, the 
				following laws and executive orders have been rammed through: 
					
					
					Cancelled a rule allowing 
					salaried workers making between $23K and $47K to receive 
					overtime pay.
					
					Attempted to throw people 
					back into the wild west of unregulated health insurance 
					companies while giving a $400 billion tax cut to the 
					wealthy.
					
					Repealed the fiduciary 
					requirement for stock brokers, so that they can now return 
					to cheating consumers.
					
					Made state-sponsored worker 
					savings plans illegal.
					
					Crippled government agencies' 
					ability to police abuses by investment firms.
					
					Opened up federal lands to 
					coal mining and allowed mining companies to dump their 
					tailings into previously pristine streams.
					
					Rolled back application of 
					the Clean Water Act to small streams in general.
					
					Passed a bill allowing 
					internet service providers to sell our browsing history and 
					other personal information.
					
					Revoked the rule on net 
					neutrality, so that internet companies can now provide worse 
					service on content that they don't favor.
					
					Prohibited internet providers 
					from charging reduced rates to low-income customers.
					
					Rolled back a rule forbidding 
					excessive telephone charges for prison inmates.
					
					Lifted limits on how many 
					television and radio stations a media conglomerate can own 
					so that they can increase their control of what we see and 
					hear even more.
					
					Forbade research at the EPA 
					on global warming (it is real and already happening) and how 
					to mitigate its effects and deleted data on the subject from 
					its web site.
					
					Eliminated rules limiting the 
					emission of greenhouse gases by oil/gas companies and power 
					plants.
					
					Demolished the ability of the 
					EPA to even research environmental protections, let alone 
					make rules.
					
					Further weakened already 
					inadequate background check rules for gun purchases.
					
					Weakened anti-discrimination 
					protections for LGBTQ individuals.
					
					Weakened the ability of 
					individuals to prosecute lawsuits against large 
					corporations.
					
					Repealed requirements for 
					employers to report safety or labor violations and 
					accidents.
					
					Eliminated a rule requiring 
					companies to report bribes paid to foreign governments.
					
					Cancelled a reduction in FHA 
					fees for first time home buyers. 
				It's almost too much too fast to 
				keep up with and this is only a partial list of the most 
				egregious and far-reaching actions. And, they show no sign of 
				slowing down on giving our country totally away to their 
				corporate owners at the expense of workers, consumers, and the 
				environment. 
				  
 
				  
				Supreme 
				Court Upholds Employer Arbitration Clauses 
				22 May 2018 
				  
				The Supreme Court has done it 
				again.  They have granted more power to corporations and taken 
				rights away workers.  In this case, they ruled 5 to 4 that 
				employers may enforce binding arbitration clauses in the 
				agreements that employees must sign as a condition of 
				employment.  These prohibit workers from banding together to 
				bring class action lawsuits when the company cheats or otherwise 
				abuses them.  It should be noted that this constitutes coercion 
				since the employee must either accept this restriction or not 
				get the job, but this matters not to the conservative justices.  
				This follows on the heels of a similar 2011 ruling that allows 
				companies to make their customers sign such agreements (usually 
				buried deep in the fine print of the contracts that nobody 
				reads) as a condition of using their products.  Since the 
				arbitrators are selected and paid by the company and not the 
				aggrieved worker or consumer, they almost always rule in the 
				company's favor.
 This constitutes yet another major shift in the balance of power 
				in favor of corporations, which has been the habit of the Court 
				for the past 140 years.  Since this ruling is based on statute 
				(the 1925 National Arbitration Act and the 1935 National Labor 
				Relations Act), Congress could fix this.  
				But, since the Republican Party is owned by the giant 
				corporations, it is unlikely to happen.  It could also be fixed 
				by state governments, but Republican-controlled states are 
				unlikely to do so either.
 
 It should be noted that the Trump Justice Department sided with 
				the corporations in this case.  It's past time for Trump voters 
				to wake up and realize that their President is shafting them big 
				time while he advances the interests of the rich and powerful.
 
				  
 
				  
				
				Democratic Socialism Is What America Needs 
				2 Aug 2018
 Corporate spokesman Jay Ambrose and right wing ideologue Taylor 
				Armerding cynically and deceptively conflate democratic 
				socialism with communist dictatorships because they are in a 
				panic over the possibility that the current corporate 
				kleptocracy may be overturned.  The fact is that our country is 
				dominated by a system of rampant, barely restrained capitalism 
				serving the interests of giant multinationals at the expense of 
				ordinary Americans and small community-based businesses.  Our 
				economy and government are ruled by corporations' quest to 
				maximize profits regardless of the social cost.
 
 An array of corporate-funded think tanks craft policies that 
				serve their interests and promote them via media campaigns (such 
				as the columns referenced above).  Then, their trade groups 
				(such as ALEC) write model legislation to implement them and 
				have (primarily Republican) lawmakers introduce them.  Next, an 
				army of corporate lobbyists bribe (via campaign contributions) 
				and extort (by threatening to run primary opponents to their 
				right) elected officials in a way that ordinary citizens 
				cannot.  This is enabled by a long series of pro-corporate 
				Supreme Court decisions granting them constitutional rights as 
				people and declaring money as equivalent to First Amendment 
				speech.
 
 That is why we get:
 *  tax cuts overwhelmingly favoring billionaires and 
				corporations, bankrupting our government;
 *  energy policies denying global warming and favoring fossil 
				fuels;
 *  erosion of labor, consumer, and environmental protections;
 *  jobs exported to low-wage countries;
 *  obstruction of sensible gun control;
 *  exorbitant drug prices;
 *  stagnating wages;
 And much, much more ...
 
 In contrast, the whole point of Democratic Socialism is that it 
				is democratic.  It is highly regulated capitalism that puts 
				power back in the hands of ordinary working people and advocates 
				for a government that works for us, not the corporate 
				overlords.  It's true that taxes are high in western Europe, but 
				they get what they pay for.  Universal health care is way 
				cheaper than our system based on corporate profits (and frees 
				businesses from that expense) and free/cheap college is an 
				investment in future prosperity that returns far more than is 
				spent.  Worker protections are strong, but their economies still 
				thrive and employers make a fair profit.  That is why high-tax 
				Scandinavian countries consistently poll as the happiest.
 
 Finally, given their rabid hatred of socialism, I assume that 
				Mr. Ambrose and Mr. Armerding will be declining their Social 
				Security and Medicare benefits when they retire.
 
				  
				Original columns:http://www.EagleTribune.com/opinion/trendy-socialism-will-only-make-us-all-miserable/article_50678193-7755-598b-a772-73c148138361.html
 
 http://www.EagleTribune.com/opinion/success-of-new-york-socialist-is-bad-news-for-rest/article_248850ce-b745-5343-b79b-b2027b3cdc6c.html
 
 
				  
 
				  
				5G 
				Frequency Band Auction Conflicts with Weather Buoys 
				1 Jun 2019
 
				  
				I commend the editorial board for 
				their column on the dangers of selling off the frequencyband used to gather data for tracking storms at sea. However, 
				you omit discussing the full
 risks and real reasons for this huge giveaway to the 
				telecommunications industry.
 
 In addition to your assessment, 5G technology requires the 
				presence of microwave transmitters
 every few thousand feet. This requires them to be placed on 
				utility poles throughout our
 neighborhoods without any prior research on potential health 
				effects of constant exposure to
 such a high energy density. It will also involve hundreds of 
				satellites to relay the data.
 What risks will so many objects in orbit present to space 
				travel? Finally, there is the
 massive loss of privacy that using all of the enabled smart 
				devices 5G is intended for will
 create.
 
 Why is this being pushed through so fast? First, the majority of 
				the FCC Board of Trustees
 have demonstrated a bias in favor corporate interests over those 
				of the American people.
 This was demonstrated by their repeal of net neutrality in 2017. 
				Second, this administration
 is bending over backwards to deny climate change and suppress 
				any data that supports it in
 deference to the fossil fuel industry. Hindering the ability to 
				take measurements is an
 excellent way to help achieve that. Third, we can also count on 
				Congress failing to act to
 protect us since too many of them are in the back pockets of 
				industry or just clueless about
 technology.
 
 The bottom line is that this headlong rush to implement such a 
				potentially dangerous
 technology is ultimately driven by that fact that our government 
				considers corporate profits
 to be our nation's highest value, regardless of the 
				consequences. In turn, this is because
 the Supreme Court granted constitutional rights to corporations 
				and money, allowing them to
 spend unlimited amounts to lobby government officials and to 
				influence elections.
 
 In the end, this will not be fixed until we amend the 
				Constitution with the "We the People
 Amendment" to establish that corporations are not people and 
				money is not First Amendment
 free speech.
 
 Michael Bleiweiss
 
				  
				  
 
				  
				Corporate 
				Mega-Mergers 
				29 Jul 2019 
				Congress is holding hearings regarding anti-trust issues with 
				the major technology giants -- Google, FaceBook, and Amazon. At 
				the same time, the Justice Department has just approved the 
				merger of the two telecom giants T-Mobile and Sprint. I hope I'm 
				not the only one who sees the disconnect here.
 
 The way these companies became so big and powerful is by buying 
				up their competitors and side businesses. For example: FaceBook 
				acquiring 79 other companies, including WhatsApp, Instagram, and 
				Friendster; Amazon acquiring retailers, such as Whole Foods 
				(which had previously acquired Wild Oats); and Google buying up 
				over 200 companies. Similarly, the "too big to fail" banks that 
				we spent $750 billion bailing out in 2008 got that way by 
				serially acquiring other banks and investment companies. Another 
				example is the landline telephone companies. In 1984, the 
				government broke up the near monopoly AT&T into the "Baby 
				Bells." But then, it allowed them to all merge again into 
				Verizon.
 
 The best way to deal with a monopoly is to prevent it from 
				forming in the first place. Sadly, the government agencies 
				pretty much just rubber stamp corporate mergers after only token 
				review. Indeed, the anti-trust laws have been pretty much 
				disregarded ever since the Sherman Anti-Trust Act originally 
				passed in 1890.
 
 The underlying problem is that, for at least the past 150 years, 
				the federal government has existed primarily to serve the 
				interests of wealth, rather than the welfare of ordinary people. 
				This is seen in the repeating rounds of tax cuts given to the 
				top 1% and multi-national corporations (creating bigger and 
				bigger deficits) and the bloated, unaccountable military budget 
				that mostly funnels profits to defense contractors and protects 
				corporate interests overseas. This, in turn, is enabled by the 
				massive amounts of money spent lobbying and contributing to the 
				campaigns of elected officials and the corporate-government 
				revolving door that puts corporate executives in charge of the 
				agencies that regulate them. This has been further enabled by a 
				Supreme Court that almost always rules in favor of corporations 
				over the rights of people and governments.
 
 We can't even begin to address this until the influence of money 
				on our government is restrained. A strong starting point is the 
				"We the People Amendment" (H.J. Res. 48) that would establish 
				that constitutional rights are only for real people and not 
				artificial entities and that money is not First Amendment free 
				speech.
 
 Michael Bleiweiss
 
 
				  
 
				  
				  
				Sent to Congresswoman Lori Trahan: 
				14 May 2021Shareholder Rights and Anti-Trust Law 
				Flaws
 
 Dear Rep. Trahan,
 
 I used to be a shareholder in the company Varian Medical 
				Systems.  However, in April, the company was acquired by the 
				German conglomerate Seimens and Varian shareholders were cashed 
				out.  This acquisition was never put to a shareholder vote nor 
				were we offered to take Seimens stock instead of cash.
 
 This is all quite legal, but reveals a flaw in corporate law.  
				Managers are able to make major decisions adversely affecting 
				their shareholders without ever consulting them.  Remember that 
				stockholders are technically the company's owners, but don't get 
				a say in such matters.  In addition, the Justice Department and 
				FTC rubber stamped this sale of an American company to a foreign 
				one.  So much for "buy American" and for enforcing anti-trust 
				laws.
 
 To me, this means that we need some modifications to corporate 
				law to strengthen shareholder rights and anti-trust 
				enforcement.  Remember, the giant social media companies 
				wouldn't have gotten so big and powerful if they were prevented 
				from acquiring their competitors in the first place.
 
 Sincerely,
 Michael Bleiweiss
 
				  
				  
 
				  
				Clarence 
				Thomas Is a Bought Man 
				28 Sep 2024
 Recently, William Kolbe wrote a column on the large number of 
				dissents written by Supreme Court justice Clarence Thomas 
				(Beware of the Dissenter-in-Chief - 16 September 2024), but did 
				not elaborate on why. It's because Justice Thomas is bought. For 
				the past couple of decades, he has been wined and dined and 
				gifted by a cabal of far right-wing activist billionaires.
 
 This has included lavish vacations, paying his grandnephew's 
				private school tuition, buying his house and then letting his 
				mother live there for free, and directing consulting fees to 
				Thomas' wife Ginni (a leader in the movement to overturn the 
				2020 election results). None of these were reported on Thomas' 
				required annual financial reports.
 
 These billionaires regularly bring business before the Supreme 
				Court trying to overturn government regulation of corporate 
				abuses and privilege extreme Christian Nationalist policies. 
				This constitutes a strong conflict of interest and would be a 
				violation of ethics rules -- if the Court actually had any.
 
 These should be impeachable offenses, but congressional 
				Republicans will never let that happen because it also advances 
				their agendas and they are bought too.
 
 Michael Bleiweiss
 
 
 
				  
				  
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