The Voters’ Revolution – “Too Big to Fail”
“The government, which was designed for the people, has got into the hands of the bosses and their employers, the special interests. An invisible empire has been set up above the forms of democracy.”
“The genius of our ruling class is that it has kept a majority of the people from ever questioning the inequity of a system where most people drudge along, paying heavy taxes for which they get nothing in return.”
“There has grown up in the minds of certain groups in this country the notion that because a man or corporation has made a profit out of the public for a number of years, the government and the courts are charged with the duty of
guaranteeing such profit in the future, even in the face of changing circumstances and contrary to public interest. This strange doctrine is not supported by statute or common law. Neither individuals nor corporations have any right to come into court and ask that the clock of history be stopped, or turned back.”
Ninety eight percent of the adults in this country are decent, hardworking, honest Americans. It’s the other lousy two percent that get all the publicity. But then, we elected them.
I’m tired of hearing it said that democracy doesn’t work. Of course it doesn’t work. We are supposed to work it.
We surely must realize that the strangle hold Big Corporations have on the citizens of our country constitutes a greater threat to our security — and thus the national security — than the wars or even terrorism. The Corporate Conglomerates continue to use the “too big to fail” model to destroy the jobs and lives of MILLIONS of Americans, while they feel entitled to use their strength and our taxpayer money to lobby for more benefits for themselves.
We could let them fail if our Congressional leaders weren’t being paid in campaign donations to save them. It would be difficult and a bit risky, but it could be done. I’ve said this before and I’ll keep saying it — We the People demand swift and forthright action. We the People come first. The Big Corporations fail to realize that by destroying us, they destroy their consumer base. This goes for the medical insurance and Big Pharma companies as well.
Breaking The Monopolies – That’s the answer: Cut them down to size, so they are no longer “too big to fail.” The United States of America is too big to fail.
They are killing us. It must STOP.
“The Voters’ Revolution”
1) Use the Anti-Trust laws to break up AIG (and other corporate giants) so it is no longer possible to be “too big to fail.”
2) Reinstate the Glass Steagall Act.
3) Repeal the Gramm-Leach-Bliley Act of 1998 and the Commodity Futures Modernization Act of 2000.
4) Demand that the House and Senate set term limits for themselves. No elected legislator may serve more than four terms in office. This acknowledges that it does take some acquired experience to function effectively. They will be placed on probation for the first two years of each term. They will be judged on the basis of accomplishments and not on their rhetoric. A voter’s referendum will then be held to determine their performance. If they fail, they will be replaced by a lottery from the pool of registered voters in their state.
5) Demand reform of the system of campaign contributions. Each Legislator may add to their individual “war chests” only the contributions of individuals. All corporate contributions must go into a general fund to be distributed equally to ALL candidates for election. This includes not just the Reps and Dems but the smaller parties as well. This would effectively level the playing field and give us voters more options. “Money talks” in campaigns. We voters must therefore control the money.
6) Eliminate using the filibuster as a threat to force a super-majority vote. Eliminate the filibuster “cloture vote.” Make them actually DO a filibuster. Bring out the cots. Lock up the bathrooms. No food, no water. Make the filibuster so difficult to accomplish that Legislators will hesitate before thinking of using it.
7) Eliminate lifetime terms for Supreme Court Justices. Demand the right to recall them by referendum.
8) Repeal all laws or portions thereof which give rights to “corporate persons.”
Cross-posted from “Politickin'”, Newsvine, and Daily Kos. Originally posted May 2010