Corporate Lobbying Exposed | MUST SEE! ᴴᴰ
Boomtown: Fox News Exposes Corporate Cronyism in Big Government.
Critics of Fox News, and conservative pundits like Sean Hannity, argue
they are merely shills for corporations and the super-rich. Fox News in
particular is accused of promoting right-wing talking points to benefit
the uber-wealthy and to prevent big businesses from being held
accountable.
The primetime special "Boomtown" shows that Fox is a
media corporation that will call into critical questioning the seedy
relationship between big government and the corporate lobby. This
actually happens quite often on Fox Business, particularly on the shows
hosted by Neil Cavuto and John Stossel, but this special brought
attention to the issue on the flagship network. On the Fox show Hannity,
the anchor and talk radio host investigated the outrageous extent that
corporate cronyism prevails in the U.S. government.
Peter
Schweizer, the president of the Government Accountability Institute
(GAI), and Steve Bannon, Breitbart News' Executive Chairman, made a
compelling case that corporate fat cats have never had it so good in
America, regardless of which party is in charge. Some provocative facts:
Every
dollar that corporations spent on lobbyists yielded a $220 return,
according to a study released in 2004. That is a 22,000% return on
investment.
50% of corporations now have an ex-politician on their boards.
30 major corporations spend more on lobbyists than they pay on taxes.
Washington D.C. suburbs contain the three richest counties in the United States and 7 of the 10 richest counties.
Green energy leader General Electric spends $100,000 every single day to influence and lobby Congress.
Half
of the Republican members who came to Congress in the famed 1994
"Contract with America" revolution have become lobbyists after leaving
Congress.
Fox is not the only media corporation to expose such
complicity between big government and Wall Street; but it is one of the
few media outlets that puts sufficient emphasis on government as the
prime mover in the corrupt relationship. It is worth pointing out that
the progressive point-of-view that comes through on networks like NBC
does not mitigate the problem, but only makes it worse.
Without
government's power to coerce taxpayers to fund bailouts, pay for
corporate and union graft in the form of "stimulus," and subsidize low
interest rates and Wall Street booms through monetary inflation, which
hurts poor people the most, corporations would be toothless enterprises.
They would be forced by the market to offer goods and services at
affordable rates or else go bankrupt. Big government is thus the main
problem.
