Since Republicans took control of the U.S. House in 1995, Corporate America has had a relatively easy run in Washington. But with Democrats in charge when the 110th Congress comes to work in January, that should definitely change. It should bring about a new day for ordinary citizens in this country. Nancy Pelosi, who will be Speaker of the House, made this interesting observation just before November 7th, concerning the way Corporate America operates:
In 100 hours, the top five oil companies will take in $4.3 billion in profits and the top ten pharmaceutical companies will gain $2.6 billion in profits and the top CEOs will earn an average of $2 million each.
It’s evident that the ultra-rich have pretty much had their way with the Bush Administration and Congress over the past six years. But, their control over a Republican-led Congress goes back even further. It started with Newt Gingrich and his so-called contract with America. Looking back, Newt’s contract had nothing in it of substance for ordinary citizens. K-Street was born and the lobbyists took over the operations of government to a greater degree than ever before. Hopefully, that will now change and the people will again have a voice in Washington. Some see the next two years as a battle not unlike that of the epic biblical battle involving David and Goliath. A good place for that battle to start is with drug companies and the oil industry over their excessively high prices. These industries have virtually owned Congress, with the assistance of the White House, but hopefully those days are over. With the middle class in America being slowly destroyed, and the bosses in Corporate America becoming stronger and stronger, a strong voice in Congress for ordinary citizens is a must.
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