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Campaign Finance Is Just Another Term for Bribery

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-07-09 01:26 PM
Original message
Campaign Finance Is Just Another Term for Bribery



It's quite raw and in-your-face. We've been trying to ignore it for many a year. But with the failure of the bankruptcy reform bill this week it is sickeningly obvious. We can't ignore it any longer. Campaign finance is blatant bribery. It is quid pro quo. The money that is paid to individual legislators by lobbying firms and the firms that hire lobbying firms get things done. One of those things is the defeat of the banking bill because it had something in it called "cram down" which the major banks were adamantly opposed to.

These are the same banks that have accepted billions of dollars in TARP funds that allowed them to continue to exist. These are the same banks that aren't making loans even though billions in TARP funds have been dumped into their bottomless coffers-coffers emptied by making insane bets on insane financial derivatives or just simply making huge numbers of really stupid loans. Anybody want a recap of a NINA (No Income No Assets) or a SISA (Stated Income State Assets) loan? Trust me they didn't make any sense. These are the banks that have brought our entire economy to its knees. These are the banks that shut off credit to the auto industry-not just the manufacturers but the suppliers as well. These are also the banks that are the largest credit card issuers in the world-the outfits that raise your rates to 39% if you are a day late and hit you with all kinds of fees that can be enforced through unilateral loan agreement modifications. The banks that will raise your rates if are late for another card that they have nothing to do with.

Yeah, those guys. They haven't changed a bit. And they won't unless they are forced to. And the only way to force them to is to pass regulatory legislation with teeth. And laws that mandate and finance campaigns for public office.

And that legislation won't get passed. Why? Because you and me haven't paid for it. Money talks and bullshit walks as they say. The golden rule is that those that have money make the rules. And, for the most part, the "people" that have money are not people at all, but are usually corporations that have been given the rights of citizens. Or political organizations that have been given the rights of citizens. This is in spite of the fact that these legal entities do not bear the obligations of citizens. It's a nice one way street-all of the rights but none of the obligations. What a deal!

This whole never ending debacle is highlighting something that we've all tried to ignore. Because sometimes the political process works anyway and we hope it might this time.

The lobbyists own our government. And since the lobbyists are extensions of large corporations-financial corporations in my instances but don't forget the oil companies-that means that corporations own our government.

Yes, these banks are underscoring a basic fact. At some time in the past, due to some really bad Supreme Court decisions and a whole lot of really bad bills we legalized bribery.

So, how did this happen? To understand what is happening today you first have to understand what happened in the past. Yes, history. You have to understand history. And you have to understand how our legal system works.

Our legal system is based on a fundamental premise: stare decisis. Stare Decisis is means that legal decisions are, generally, to be based on legal precedent. The legal precedent is usually somewhere in the dim past based on initial interpretations of our brilliantly ambiguous Constitution.

So, each decision becomes a logical building block for subsequent decisions. To quote Pink Floyd, "All in All, it's just another brick in theWall..."

This way of looking at the legal landscape can create great law at times. At other times stare decisis can create horrible leaps of illogic that leave everyone arguing for years without any hope of future resolution. That is what the anti-abortionists contend about Roe v Wade.

One of these leaps of illogic that was hardly noticed by anyone other than Constitutional legal scholars at the time was the following statement by Chief Justice Waite which didn't even make it into the actual decision of Santa Clara County v. Southern Pacific Railroad:

"The court does not wish to hear argument on the question whether the provision in the 14th Amendment to the Constitution, which forbids a State to deny to any person within its jurisdiction the equal protection of the laws, applies to these corporations. We are all of the opinion that it does."

This was a case about taxes and should have had no impact on the personhood of a corporation or any non-human entity. But this statement somehow made it into the heading that prefaced the text of the actual decision. A decision which had nothing to do with the legal standing of a corporation as a person naturally imbued with the same legal rights granted in the Bill of Rights to an individual.

Continued>>>

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http://www.opednews.com/articles/Campaign-Finance-Is-Just-A-by-Moral-Compass-090503-961.html
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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-07-09 01:43 PM
Response to Original message
1. Now we have experience of how the law can be totally wrong.
Edited on Thu May-07-09 01:46 PM by Democrats_win
This great article shows how business used the "law" to wrongly take over our "democracy" or "republic." This is not even close to how Americans want to live.

I don't think Americans can wrap their heads around the fact that the law is dead wrong on some things. I guess we would look to Nazi Germany to show how the law can be wrong. Was the Holocaust legal? I'm not a scholar on that, but I suppose they'd say, what the president--or chancelor-- does is legal because the president did it.

At DU, people would say continue to work within the system. I don't think that is possible as the employees of the usury industry, aka county sheriff, comes knocking at your door. In no way is the usury industry entitled to have the laws enforced that they bribed our congress people to write!

It really is almost Biblical in it's scope. If one little thing is out of place the whole thing is rotten. That's where America finds itself. Fix it immediately or it will continue to get much worse: the banks won't repay the zero-interst loans they bribed out of congress. Wouldn't that be ironic? Great rates, but they won't pay while demanding the widow pay every last penny.

Hell, that's where the usurists belong along with the politicians who enabled them.
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-07-09 02:34 PM
Response to Original message
2. First Rec! Representative Democracy in the US is dead.
Nobody, except 3 or 4 in both houses, represents the people anymore. It's all for the donors and big business.
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-07-09 06:13 PM
Response to Original message
3. If it is allowed to buy elections, then elections will be bought. nt
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