Thursday, January 21, 2010

SCOTUS sells America down the river . . . .

If ever conclusive evidence existed, proving beyond doubt, that the United States of America no longer has a government of the people, by the people and for the people it's today's Supreme Court decision which in essence has declared that corporations are --- yep, you guessed it --- people.

Imagine that!

Corporations now have the same rights as afforded your average U.S. born, tax-paying, voting citizen! And since the 5-4 decision was carried forward to victory by the conservatives on the SCOTUS, no doubt conservatards and Teabaggers from all corners of the good ol' US of A are rejoicing across the land tonight!

Of course it does beg the question though as to what form of pyrrhic victory it truly is considering this little bit of reality:

A very large percentage of U.S. corporations are owned by foreign persons or entities. In 2006, USA Today reported: "Nearly one in five U.S. oil refineries is owned by foreign companies. Foreign companies also have a sizable presence in running power plants, chemical factories and water treatment facilities in the United States." It was also reported that, "Roads and bridges built by U.S. taxpayers are starting to be sold off, and so far foreign-owned companies are doing the buying." In 2008, it was reported that foreign ownership of U.S. companies "more than doubled" between 1996 and 2005. To get a fix on the spending power, consider this: "The total receipts of foreign-owned companies were $1.7 trillion in 1996 and just $39 billion in 1971."

But then again we all know that reality has a well known liberal bias - don't we?

Yes! That's it conservatards! Turn the keys to the American kingdom over to foreign entities! Mind numbingly fucking brilliant!! Who are the traitors now?


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