Best of the Week
Most Popular
1.UK House Prices BrExit Crash NOT Likely Despite London Property Market Weakness - Nadeem_Walayat
2.BrExit Morning - New Dawn for Britain, Independence Day! - Nadeem_Walayat
3.LEAVE Wins EU Referendum - Sterling and FTSE Hit Hard, Pollsters, Bookies and Markets All WRONG! - Nadeem_Walayat
4.BrExit Implications for UK Stock Market, Sterling GBP, House Prices and UK Politics... - Nadeem_Walayat
5.Trading BrExit - Stocks, Bonds, Sterling, Opinion Polls, Bookmaker Odds and My Forecast - Nadeem_Walayat
6.FTSE and Sterling Brexit Trading, Deconstruction of the EU Referendum Result - Nadeem_Walayat
7.UK Interest Rate Cut to 0.25% Imminent and More QE Money Printing - Nadeem_Walayat
8.Trading BrExit - British Pound Plunges, FTSE Stock Futures Slump on LEAVE Shock Referendum Win - Nadeem_Walayat
9.The Stock Market is Reading it Wrong! - Chris_Vermeulen
10.Breakouts Galore in Gold and Silver - Jordan_Roy_Byrne
Free Silver
Last 7 days
Silver Market COT Stuns: What's Going On Here? - 24th July 16
Gold Demand Remains Stable During Sector Weakness - 24th July 16
Sernova, Diabetes and Haemophilia - 24th July 16
Russia: Tensions, Turmoil, and Western Hubris - 24th July 16
Soybean Commodity Price to Soar Again - 23rd July 16
SPX Stock Market Uptrend Continues - 23rd July 16
Gold And Silver – Debt Addiction Will Carry Precious Metals Higher, Guaranteed - 23rd July 16
Pokemon Go - How to Play, First Use, Balls, Stops, Catching Pokemon's... Great Excercise! - 23rd July 16
7 Signs That the Gold Market Remains Resilient - 23rd July 16
Basic Income in The Time of Crisis - 23rd July 16
Silver Bull Faces Correction - 22nd July 16
The Serious Warning No One’s Talking About - 22nd July 16
Stock Market Insight from Greed, Volatility, and Put/Call Ratio - 22nd July 16
What Will Happen To the Stock Market When Interest Rates Rise? - 22nd July 16
How to Escape the World’s Biggest Ponzi Scheme - 22nd July 16
Addicted to Debt - We Can’t Borrow from the Future Anymore - 21st July 16
Not Everything Is Bullish for Gold - 21st July 16
Don’t Get Sucked Back Into the Stock Market - The Big Picture Hasn’t Changed - 21st July 16
Silver – Caught Inside - 21st July 16
Forex: "The Markets Are Getting Exciting!" - 20th July 16
China Economic Troubles - Is Kyle Bass Finally Getting His Revenge? - 20th July 16
Why Lithium Will See Another Price Spike This Fall - 20th July 16
The Peak Oil Paradox Revisited - 19th July 16
SPX Challenges the Upper Trendline - 19th July 16
Missing ’28 Pages’ of the 9/11 Report Released into Blitzkrieg of World Events - 19th July 16
Likelihood of Organized Disruption at GOP Convention - 19th July 16
More on the ‘Breadth Thrust’ and Stock Market Internals - 19th July 16
FX Traders: Get a Free Week of Forecasts (Details inside) - 19th July 16
Ups and Downs in Gold and Crude Oil Price - 19th July 16
Keep an Eye on ‘Bitcoin’ as the Next ‘Financial Crisis’ Starts! - 18th July 16
Erdogan Might Have Known about the Coup but Didn’t Prevent It on Purpose - 18th July 16
More Deflation Ahead: Silver, Gold And Their Mining Stocks A Must-Have - 18th July 16
Stock Market Minor Top? - 18th July 16
5 Best Gold and Silver Junior Mining Stocks in 2016 - 17th July 16
Gold And Silver – NWO-Created Tragedies Will Never End, Seek Truth - 16th July 16
How Long Can Buybacks Continue To Support A Market Which Is Standing On A Fundamentally Flawed Premise? - 16th July 16
Will They Come For Your IRA? - 15th July 16
Gold’s Record Selling Overhang - 15th July 16
Capitalism Has Entered a New Era—and Historic Stock Market Investing Returns Are Gone Forever - 15th July 16
Gold Price Could Hit $5,000 or Even $10,000 in a Few Years - 15th July 16
Junior Gold and Silver Mining Funds or Individual Gold and Silver Mining Stocks - 15th July 16
The Soaring Risk of Flying in Bernanke's Helicopter - 15th July 16
The Broad Stock Market, Helicopters and Gold - 15th July 16
The Curious Case of Vanishing Lady Liberty; Only Gold and Silver Remember Her - 15th July 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Forex Forecasts

Why Are Corporations Funding the Tea Party?

Politics / US Politics Apr 15, 2010 - 02:59 AM GMT

By: Shamus_Cooke

Politics

Best Financial Markets Analysis ArticleRank and file Tea Partiers are, politically speaking, lost at sea in the dead of night, looking for the light of common principles. On land, those manning right-wing lighthouses are broadcasting ideas loaded with hidden motives into this ocean of conservative public opinion. What the Tea Party will become is presently unknown; but those with an agenda will do their best to steer lost boats at sea in their direction, with potentially dangerous consequences.


Only recently have some tea party groups spotted land, organizing themselves under the new body National Tea Party Federation. One would expect such an organization to release a detailed statement about its members’ shared political positions, beliefs, goals, etc.

Instead, only three unifying concepts were announced: fiscal responsibility, constitutionally limited government, and free markets — all vague terms overused by any corporate Republican. It seems, then, that there is still much work to be done in organizing and channeling the national Tea Party “movement.”

Because the three unifying ideas are so vague, special interests will fill in the blanks when needed. For example, does a “constitutionally limited government” allow the economy to be dominated by giant corporations? Does “fiscal responsibility” mean that the U.S. should spend hundreds of billions of dollars annually on foreign wars? Does “free markets” mean that Wall Street should be allowed to do whatever it wants, whenever it wants? The answers to these questions, according to the National Tea Party Federation, will all be YES!

How can we be sure? The website announcing the new federation lists a number of Tea Party “allies” and “support groups.” Many of these groups are corporate-dominated front groups such as Freedom Works and Americans for Prosperity — two groups who’ve relentlessly promoted the Tea Party movement with massive resources. Not listed as an “ally” is the super-rich Koch family, which has also poured giant resources towards boosting the Tea Partiers. Fox News and other corporate media outlets, too, are non-official Tea Party “support groups.”

What are the goals of these corporate groups? Profits for corporations, at whatever the cost to the rest of us. And because they all subscribe to corporate ideology, the investments in the Tea Party come with strings attached. So what do the corporations and super-rich want from the Tea Party in return? Glenn Beck gives the most specific answers to this question.

Beck is a right-wing populist who supports the Tea Party via his television show on Fox News. At the same time, he dedicates much of his time to “educate” his supporters as to who their enemies are. In no particular order: Obama, labor unions, working class organizations like ACORN, “progressives,” “social justice” advocates, and “socialists” and “Marxists.” For Beck, all of these constituencies are the same and equally involved in an absurdly complicated conspiracy to “destroy America.”(http://www.youtube.com/watch?v=pJDDvyAQO6s&feature=related)

The fact that this fanatic rant is being broadcast internationally is very telling, hinting that Beck’s corporate sponsors have crossed the political Rubicon onto territory dominated by the extreme right wing.

Beck, along with his other right-wing colleagues, are reviving the putrid American tradition of Communist witch hunts and McCarthy-style red-baiting. Such tactics are used in times of social unrest, where the corporate elite needs both distraction and excuses for persecuting anyone who challenges corporate rule.

Beck’s attempt to denounce labor unions — especially the Service Employees International Union (SEIU) — and other working-class organizations as “Marxists” and “extremists” is not an accident. Some sections of the U.S.corporate elite view these groups as having too much power, especially in the context of the still-continuing Great Recession.

For example, U.S. corporations are intent on continuing — and even expanding — foreign wars, low taxes for the wealthy, and when needed, further bank/corporate bailouts. These policies are incompatible with the current expenditures on social services, education, and Social Security and Medicare — thus the gigantic and expanding U.S. deficit.

There has been enormous talk in the corporate media about dealing with this problem by cutting back Medicare and Social Security (Obama’s health care bill reduces Medicare by $500 billion). Likewise, Obama’s education plan, Race to the Top, is designed as a massive attack on public education. Social services in general are also being targeted.

The strongest defenders of these social programs are the groups that Beck routinely denounces. Unions and progressive groups are viewed by the corporate elite as obstacles, which need to be weakened or removed so that a solidly corporate agenda can be pursued. Beck is preparing public opinion to accept any harm that may come to labor and progressive groups — by individuals or the government — by routinely condemning them as America’s enemies.

Beck’s preaching can be referred to as a form of “fascist ideology.” The most defining element of fascist movements and governments is their destruction of working-class organizations: both Mussolini and Hitler outlawed and smashed the labor unions and Left organizations, allowing their own corporate sponsors a conflict-free environment to make profits.

Fascism becomes a social force when society is ridden with class conflict, when income inequality soars, and when corporations and the working class and the unemployed cannot find a stable equilibrium during prolonged economic crisis. Fascism comes onto the scene to aid the very wealthy with brute force, while creating new organizations and political parties to pursue a radically right-wing path outside of the existing political structures (tea partiers seem split between forming a new party or attempting to further radicalize the Republicans).

One way that Beck helps the super-rich is by confusing the word “property” and “wealth redistribution.” Beck never ceases to explain that progressives and socialists want to “redistribute wealth,” while always ignoring the fact that there are two types of wealth: the corporate wealth of the very rich and the insignificant/non-existent wealth of the majority of Americans. Many Americans would agree that the “property” of the giant corporations and Wall Street could be “re-distributed” to the working class, or better yet, run as public utilities for social need, not for private profit. Such confusion is only one way that Beck mis-educates and sows confusion and fear for his corporate donors.

Fortunately, labor activists and some union leaders are starting to catch on to the danger that Beck and the corporate sponsors of the Tea Party represent. For starters, labor unions and progressive groups are organizing a tax day protest — not in opposition to the corporate media-advertised Tea Party tax day protests, but above it.

For example, the Tea Party anti-tax protests are simply “against taxes.” Instead, unions are demanding that we “tax Wall Street.” Labor’s message is superior; it takes sides, whereas the Tea Party’s vagueness is its weakness.

This weakness must be further exploited. A tax day protest against Wall Street is a positive message, but it’s not enough. A campaign must be waged by labor and community groups to demand massive job creation, to be paid for by the rich and corporations. If specific demands like these are raised in mass demonstrations, the Tea Party’s blathering against “government” in general will seem far less inspiring.

Also, labor taking the streets with its own demands will compel the Labor Movement into opposition to the Obama administration and its own corporate backers — something some labor leaders resist like the plague. But such a break is necessary if organized labor is to receive mass support from working people in general, since right-wingers like Beck earn populist points by pointing out Obama’s corporate-friendly policies like bank bailouts and corporate health care.

The sooner that labor becomes an independent force in national politics, the more difficult the Tea Party will find in gathering popular support. The extreme right is only in its infantile stage of development. This growth will be stunted if labor wages a strong campaign in the streets for jobs at the expense of the rich and corporations. Waging a half-hearted campaign will have the exact opposite effect.

Shamus Cooke is a social service worker, trade unionist, and writer for Workers Action (www.workerscompass.org).  He can be reached at shamuscook@yahoo.com Shamus Cooke is a frequent contributor to Global Research.  Global Research Articles by Shamus Cooke

© Copyright Shamus Cooke , Global Research, 2010

Disclaimer: The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of the Centre for Research on Globalization. The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible or liable for any inaccurate or incorrect statements contained in this article.


© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife