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That’s the warning coming today from the folks at the Center for Public Integrity, who caution that the recent High Court decision empowering corporations to spend unlimited sums on federal election ads could also have the unintended consequence of ending the ban on foreigners buying influence over U.S. elections. Some foreign companies, the authors write, are owned by foreign governments and also have U.S. subsidiaries. The result?
Source: SCOTUS Decision Allows Foreign Influence of U.S. Elections | Progressive Nation (http://progressivenation.us/2010/01/23/scotus-decision-allows-foreign-influence-of-u-s-elections/ - broken link)
The United States is now sponsored by Walmart and Venezuela. Who would have thought that the Bush legacy would continue through the Supreme Court. I wonder how the Bush apologist in this board are feeling about the selling out of America.
If they wise up and tax foreign owned companies, to do business here and profit off Americans, you would not see the foreign influence forced upon the American people in the name of Globalization.
Globalization has reeked havoc on the American economy. The elimination of trade tariff's and the allowance of outsourcing, has accelerated our trade deficit.
We as a nation are no longer self supporting, like we were when we were the strongest nation on the globe. We no longer consume our own produced products. We have come to rely on other third world nations to do that for us. We as Americans will never be able to compete in a global trade economy, unless we are exactly like China, India, Indonesia, Thailand, Korea.... Child and forced women labor. No unions what so ever. We must have the ability to exploit our labor force, and you need trade to make up the deficit. Ain't gonna happen, unless something crashes our economy, eliminating the middle class.
Guess where we are headed? Look at the path we are on.
Say it can't happen?
They are trying like hell, to make it happen.