Wednesday, 11 September 2013

Death by Corporation: America's Corporate Deathstar

Instead of protecting US citizens, the Obama administration is enabling the ultimate corporate "Deathstar." The TransPacific Partnership will allow corporations "virtually unchecked control of our food supply, our land, air, water, wallets and our future."

 
In Parts I and II of Mankind: Death by Corporation, we looked briefly at what amounts to ruthless, psychopathic behavior of our largest corporations spanning most major industries.  But aided and abetted by "sincere" government officials, corporations are working behind the scenes, rapidly assembling the corporate "Death Star" to be unleashed upon citizens throughout the world, allowing them virtually unchecked control of our food supply, our land, air, water, wallets and our future.


An in-house editorial in the New York Times on July 5, began, "For all its rabid partisanship, Congress has shown time and again that it is willing to come together to deregulate corporate America." This new corporate giveaway is a bill in the Senate sponsored by Democrats and Republicans that would, for all intents and purposes, end the "independence" of independent regulatory agencies, including the Securities and Exchange Commission, the Consumer Financial Protection Bureau, the Consumer Product Safety Commission and the National Labor Relations Board.  These independent agencies were established to be accountable to Congress - not the White House - with the goal of insulating them from political arm-twisting.
 
On paper, the Senate bill's "benign" goal is to ensure that new rules appropriately balance costs and benefits.But this is simply a euphemism for more deregulation, which itself is a euphemism for unleashing the corporate hounds on a hapless public. The bill would hollow out protection for investors, patients, consumers and workers.  For example, it would essentially eliminate the possibility of the meager financial reforms in Dodd-Frank from ever seeing the light of day.
 
This bill is just a warm-up act. While the public and the media sleep, the real corporate "Death Star," the TransPacific Partnership (TPP), is being forged in secret. The term "partnership" hardly sounds ominous. But for the last two years TPP negotiations that could have unprecedented consequences to citizens throughout the world have been going on among a dozen Pacific Rim nations. 
 
No information has been made available to the press or the public - and only extremely limited access has been allowed to a few members of Congress. But last year a document was leaked to the watchdog group, Public Citizen, revealing the current US position and the reason for the secrecy. 
 
The contents are surreal and shocking, and prima facie evidence for how corporations have become the master puppeteers of government.
 
 

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