(no subject)

Date: 20/4/10 15:12 (UTC)
Stupid banks and investors who spend like there's no tomorrow are to blame.

There's also something else. Corp's will give money to whoever shows a willingness to vote for what they want. Unions will give money to those who show a willingness to support their goals, too. Corp's are out for profit, while unions are, at this point, mostly an ideological organisation. So... a corporation wants to get something from say, the Department of Wildlife and Refried Beans. They donate money to everybody on the committee in charge of it, and maybe give a contribution to a charity (or a similar organisation) that is okay with the group they want to influence. Several million dollars later, the corporation has what they want, and the senators on the committee in charge of wildlife and refried beans now have campaign contributions. And thats a vicious circle, akin to the oligarchic mafiotic state of late Rome (hello, [livejournal.com profile] sophia_sadek!) :)

As for unions, they often get to the point that they effectively own the employment process. If you want a job at a Detroit auto plant, you gotta either be a relative of a union member, or a very good friend of a union member. In NY, it holds about the same for the construction unions. In many places, the union has to represent me the worker, and i get all the benefits, without having to pay for it. I cannot be excluded from a job because i will not join a union. And thats a vicious circle as well, akin to the decadent late Soviet state (hello, [livejournal.com profile] gillen!)

Congrats. You've now got the most toxic combo of failed former empires ;)
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