America's Citizens Are Economic Hostages To Corporate America's Whims


Well, here we go again. Showing absolutely no shame in showing just who owns his soul, Federal Reserve Chairman Alan Greenspan has threatened to raise interest rates once again. Why would he consider such a dramatic statement in an economy that is growing at such a healthy pace but with an inflation rate that is nearly invisible? Well, according to a spokesman for the Fed, the chairman "was concerned about a potential ... build-up in inflationary imbalance that could undermine the ... economy." Well, if that's the case, I guess we should certainly support that move. But, just out of curiosity, what inflationary imbalance were they referring to? Sadly, according to the Fed they are afraid that the booming economy will result in very low unemployment "which will eventually result in higher wages". (1 & 2)

Now, correct me if I'm wrong but did the Founding Fathers ever mention that this nation was founded for the benefit of Corporate America? I've done a very thorough search of the Constitution, all of Amendments to the Constitution including the Bill of Rights and the Declaration of Independence and the only instance in which even the word "commerce" (corporate and corporation and business are completely missing in the context of a profit generating entity) appears is when the powers of the federal government to REGULATE commerce is spoken of. Now, understand that word "regulate". That doesn't mean to assist in any manner to increase the profits of any business or sector of Corporate America under any circumstances at the expense of the American people. It doesn't mean to direct American financial policy to favor any business at the expense of the American people.

Let me quote just a few of the applicable sections that very clearly illustrates exactly who the federal government is responsible to. I'll highlight the precise parts so as to make it easier should some fanatical capitalist finds themselves reading this and discover that they have trouble reading anything more complicated than a profit and loss statement. We'll begin with the Preamble to the Constitution.

"We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America." (3)

Next, let's take a look at the Declaration of Independence.

WHEN in the Course of human Events, it becomes necessary for one People to dissolve the Political Bands which have connected them with another, and to assume among the Powers of the Earth, the separate and equal Station to which the Laws of Nature and of Nature's God entitle them, a decent Respect to the Opinions of Mankind requires that they should declare the causes which impel them to the Separation.

WE hold these Truths to be self-evident, that all Men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the Pursuit of Happiness -- That to secure these Rights, Governments are instituted among Men, deriving their just Powers from the Consent of the Governed, that whenever any Form of Government becomes destructive of these Ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its Foundation on such Principles, and organizing its Powers in such Form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient Causes; and accordingly all Experience hath shewn, that Mankind are more disposed to suffer, while Evils are sufferable, than to right themselves by abolishing the Forms to which they are accustomed. (4)

Finally, let's see what the Bill of Rights have to add to this discussion. (5)

Well, actually the Bill of Rights doesn't speak to any form of business or corporation whatsoever. It only lists the rights of the American people and the limitations of the federal government. Okay, then let's look at all the other Amendments to the Constitution and take note of every single instance where commerce and government are mentioned.

Nope, nothing there that extends any extra rights to business nor is it anywhere stated that business is ever superior to the American people nor that the American people should suffer any harm whatsoever in order to assure the happiness of business. In fact, as mentioned earlier, the only time that commerce is mentioned in relation to federal regulations that may or may regulate commerce. Nothing, not one or phrase is ever written that gives the government any right or ability to create policies or laws that assist Corporate America over any American citizen, PERIOD!!!!!

Gentle readers, we must present a united front against these government policies that can only result in the punishment of the American people. To have our government making any decisions that will only result in lowering wages by increasing the number of Americans who will suddenly find themselves unemployed and unable to make a decent and safe life for their families. We cannot continue to allow this to continue, if not for our own sake then at least to create a future that we can finally be proud to leave to our children.

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Copyright 5/27/99