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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsInertia: Dems will not find a lot of backing in corporate America
Just as Hitler was backed by German, English, Italian, and American industrialists, most of Corporate America is siding with Trumpy. Why? It's because the structure and indeed, the charters for corporations demand that they seek the most profits for their shareholders.
Trumpy is giving away the store so that corporations can get the most profit with the least regulations-regulations designed to protect the US citizens from abject exploitation and the environment from certain ruin.
It's the way, the nature of fascism, and Trumpy won't tell you this, but that's exactly what he has in mind. He mimics Hitler by filling the airwaves with societal division and conflict, while he curries favor with industrialists.
Corporations love it. Corporations are not US citizens and have no loyalty to the Constitution. They only have loyalty to those who invest in their operations. A great way to maximize profit is to eliminate protections for the people, i.e. REGULATIONS. That's exactly what Trumpy is doing, and he has a lot of friends in the corporate world because of it. In general, corporations are comfortable with fascism, no matter what their PR divisions say.
Dems will not only have to overcome resistance from the GOP, and from Trumpy's white nationalist/Nazis, but they'll have to resist much of Corporate America.
blogslut
(38,000 posts)It's what they do, give support to whatever party is in power.
Iliyah
(25,111 posts)They can't make a profit if people don't buy. I'm pretty sure they see that starting to happen.
Working middle class and poor holds the purse.
One thing about corporations, they follow the money.
Wellstone ruled
(34,661 posts)from their bought and paid for Senate and House in 2016. If you had followed the Narrative of the Last forty or so years,the Heritage Foundation(Koch Family Funded),has been working the Tax Codes to no end. It has been their thing to blow up the Tax Code in favor of the Oligarch Class and they succeeded in ways beyond their beliefs.
Appears there is a major Interest rate cut coming in order to keep Wall Street's bogus numbers from going south. More buy-backs in the works. Hey,went you can barrow money at 2% and buy Stock that makes 8%,what a deal.
Don't forget,the Trump Crime Syndicate is in Hock for Billions and at least 540 million at Prime Plus floating rate interest. They stand to save tens of millions on just the VIC.
trev
(1,480 posts)Like Ford, Coca-Cola, Chase Manhattan, and Brown Brothers Harriman--the last one being run by GW Bush's grandfather, Prescott Bush. Plus others.
In addition to providing funds, Henry Ford published an anti-Semitic, Fascist weekly called the Dearborn Independent, in which he not only promoted Naziism but also propagated conspiracy theories about how the Jews were set on world domination (see The Protocols of the Learned Elders of Zion.)
Response to Eyeball_Kid (Original post)
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