Beware: Serious Danger Lies Ahead

[Liberty Belle]

Beware: Serious Danger Lies Ahead

12/2004--The corporate class that paid for George W. Bush's re-election is now lining up to get their payback.

In combination, they are demanding a breathtaking series of giveaways, immunities and privileges, and regulatory rollbacks, the likes of which Washington has not seen for a very long time. v Here's the overarching situation:

Bush and the Republican Party have solidified their grip on power. Bush says he intends to spend the "political capital" that he built up in the course of winning re-election. The Republicans control both houses of Congress, and have expanded their majority in the Senate. Bush doesn't have to worry about re-election; but the Republican members of Congress do, and they know that an off-year election in a president's second term is one when they are particularly vulnerable.

So the corporations lining up for legislative handouts know 2005 is the year -- their best chance to win passage of unpopular bills that Members of Congress can hope their constituents forget about before the November 2006 elections...

note the last line: "Public opposition can in fact defeat these corporate money grabs, but only if voters make clear that elected officials supporting such measures are risking their job security."

http://multinationalmonitor.org/mm2004/122004/editorial.html

[OneBlueSky]

1. don't forget bandruptcy "reform" . . .

as in limiting punitive damages to $250K . . . corporations want it bad, and there are plenty of Republican AND Democrats who will do their bidding . . . including Hillary . . .

[Liberty Belle]

2. I suppose workhouses for the poor will be next.