Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Another B Ark Business for Bush: or Why GOP Wants Campaign Finance Now

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
 
McCamy Taylor Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-16-06 06:12 PM
Original message
Another B Ark Business for Bush: or Why GOP Wants Campaign Finance Now
Way back in early 2001, it became clear that the Bush administration was adopting a faulty business policy. They were doing everything they could to maximize the price of oil, even though oil was only one part of the economy. (Blame it on the fact that both the president and vice president were from Texas and from the oil industry, something that our Founders had tried to prevent.) If left unchecked, this trend was bound to alienate Non Oil Big Business (NOBB), especially that sector of business that actually relied upon oil for its productivity. This includes manufacturing, transportation, travel and tourism, the retail industry (especially for perishible items). Drive oil prices high enough, and suddenly W. would no longer be the friend of NOBB.

The tipping point appears to have occured around Winter 2004/2005 when the Bush administration, not content with $60/barrel crude, decided that it was time to destabilize Iran's oil production. NBC/GE (manufacturing NOBB) turned sharply away from the Bush Administration almost overnight, with a massive media blitz about how bad an invasion of Iran would be, how the US could never sustain such a war etc. The rift between NBC and the Bush administration has only worsened since then.

Not all sectors of the business community have turned on the Bush Administration. Oil loves them. Oil is making out like bandits. Oil ancillary businesses are making out like bandits, too. However, Oil alone can not fill the GOP coffers.

That is where the B Ark companies come in. B Ark is from Hitchhikers Guide to the Galaxy. These are the companies who do not actually DO ANYTHING, so they do not need supplies like oil (or, now that immigration is an issue, labor). I am referring to the insurance industry, banking, telecommunications. They do virtual work and get real dollars of our money. The GOP can keep them happy by writing federal regulations that give them monopolies or crazy powers (like the power to garnish our wages) at no cost to the GOP (yet--the cost comes in the form of votes at election time) and in exchange the B Ark Businesses give the GOP lots of contributions.

The problem is that the number of companies in American that actually DO SOMETHING (i.e need fuel and labor) is higher than the number of B Ark Companies. And the Companies that DO SOMETHING are getting mad and turning to the Democrats with their checkbooks in hand.

And this is why we see the GOP Congress suddenly realize that Campaign Finance laws might be a good idea.
Printer Friendly | Permalink |  | Top

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC