Monday, September 28, 2009

Pigs At The Trough


Provocative political commentator Arianna Huffington yanks back the curtain on the unholy alliance of CEOs, politicians, lobbyists, and Wall Street bankers who have shown a brutal disregard for those in the office cubicles and on the factory floors. As she puts it:

"The economic game is not supposed to be rigged like some shady ring toss on a carnival midway." Yet it has been, allowing corporate crooks to bilk the public out of trillions of dollars, magically making our pensions and 401(k)s disappear and walking away with astronomical payouts and absurdly lavish perks-for-life.

The media have put their fingers on pieces of the sordid puzzle, but Pigs at the Trough presents the whole ugly picture of what’s really going on for the first time—a blistering, wickedly witty portrait of exactly how and why the worst and the greediest are running American business and government into the ground.

From 1997 to 1999, according to the Center for Responsive Politics, the number of registered lobbyists in Washington grew by 37 percent, to more than 20,000, while the amount of money they spent reached $1.42 billion. Crunch the numbers: That's roughly 38 lobbyists for each member of Congress. Like a swarm of ravenous termites reducing a house to sawdust, they are making a meal out of the foundations of our democracy.

And what are we ordinary Americans doing about it? Not much-- at least not yet.

(excerpts from Powell's Books)

2 comments:

dyanna said...

Interesting post.I like it.

Marcos Freitas said...

very well done Oberon!

...go Arianna go!