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Let the Thing Be Pressed

by: Marc Ash, t r u t h o u t | Perspective

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An East Cleveland street lined with abandoned foreclosed properties. (Photo: Anthony Suau / Time)

    Still no end in sight to the corruption in Washington. While the Democrats now control both houses of Congress and the White House, the raging wildfire of corruption continues unabated.

    A.I.G. bailed out to the tune of 165 billion taxpayer dollars and proceeds to pay executives what is now approaching 300 million in bonuses? The White House and Congress are "outraged, but can't do anything"?

    Meanwhile, legislation that could have prevented millions of foreclosures barely passed the House after being watered down to the point of ineffectiveness and now languishes in the Senate, awaiting recrafting that will insure it saves no homeowner.

    At the heart of the problem lies a government of large corporations, by large corporations and for large corporations. To illustrate the point, Senate Democrats are redrafting the foreclosure legislation in negotiations with the very financial institutions the bill is intended to rein in. Absent the support - read, "approval" - of the banks, the legislation will not pass.

    Treasury Secretary Timothy F. Geithner put in a phone call to Edward M. Liddy, the government-appointed chairman of A.I.G., to "berate" him and "pressure" him. However, regardless of what is now a nearly 80 percent ownership stake in A.I.G. by the US government, the government says there is simply nothing more it can do. "We are a country of law," said White House economic adviser Lawrence H. Summers. "There are contracts. The government cannot just abrogate contracts."

    While Mr. Summers wants us to remember that we are a nation of laws when it comes to paying huge bonuses to A.I.G. executives, who will apply the law to former Bush administration officials who approved torture? If law dictates payment of bonuses, what law addresses money laundering? And is that law less important than the one that insures payment of bonuses?

    What could be more corrupt than asking banks that have been bailed out by the American taxpayer - expressly to address their loses from mortgage failures - if they approve of a foreclosure bill that would in turn bailout the taxpayer/homeowners themselves?

    No American institution is more at fault than Congress. The Obama White House really looks like it wants to do the right thing. However, Congress always seems to unable to close the deal. While the Constitution gives Congress vast power to rein in corruption, those powers are no greater than the will of Congress members to use them. If Congress members will not act, there is no constitutional remedy for abdication.

    If Congress insists on consulting with and entering into agreements with and seeking the approval of the very entities that are bleeding the nation dry, then it is their Congress, not ours.

    Nothing could be more disheartening for those who watched article after article of the most anti-American legislation the country has ever seen sail through the Congress during the Bush years. From funding for illegal war to evisceration of constitutional rights, if it was bad for America it became law in the Bush years. The Republicans rarely had enough votes to make a filibuster impossible. It didn't matter, because the Democrats had no stomach for opposition. Now, suddenly, the Democrats need 60 votes to pass anything. The corporate press calls it "clearing the procedural threshold." It is, in reality, the filibuster threshold.

    Instead of kowtowing to the Wall Street financiers, bring them before Congress, under oath, to account. Instead of crafting legislation that protects mortgage companies while they foreclose on the very taxpayers who have bailed them out, writing and passing legislation provides the same social safety net for homeowners that their tax dollars are providing for the mortgage companies.

    In the final days of the American Civil War, Union Major General Philip H. Sheridan, reporting on the running battle against Robert E. Lee and the Army of Northern Virginia, telegraphed General Ulysses S. Grant saying, "If the thing be pressed I think Lee will surrender." Grant, in turn, passed the message to Lincoln.

    Lincoln responded, "Let the thing be pressed."

  

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You can send comments to Truthout Executive Director Marc Ash at: director@truthout.org.

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Great one! Much needed.

Great one! Much needed.

It's nice to see an article

It's nice to see an article that accurately describes the behavior of our government as "corrupt", and even that is putting it somewhat mildly. Democrats are no less corrupt than their counterparts even now. My representative has a (D) next to his name and consistently votes for the banks and against the people, when I look up his campaign financing at the FEC I find that most of his finances came from out-of-district and most of that money came from investment firms, banks, large real estate firms, real estate attorneys, and lobbyists. It isn't difficult to figure out who he works for and why he votes as he does. The America of our founding fathers no longer exists, replaced by a corrupt propagandist state run by the rich for their exclusive use and benefit.

You've heard the cravat that

You've heard the cravat that we've got the best government that money can buy, haven't you? It's truer now than ever before. How did Glass-Seagal (sp?) get repealed? A $100 million "campaign" by the financial industry. Well worth it from their view. How did Fannie Mae resist stricter regulation? By putting every lobbyist in Washington on their payroll. How did the recent bankruptcy reform bill that favors the credit card companies get passed? Could there have been a big dollar lobbying campaign by the credit card companies? It just goes on and on. The only thing that is surprising is how cheaply our elected officials can be bought off. A few million dollars in campaign contributions can reap billions in benefits. So sad, yet so true.

How much more are we going

How much more are we going to allow to go without protest? When will we realize that this is more important than missing one or two days of work? When are we going to organize and take it to the streets to show that have had enough? We must show our faces in our biggest city's and our smallest towns from sea to troubled sea. AND we must march on Washington and camp out on the Capitol steps in the same number that graced The Mall this last Inauguration. It is our duty to save this nation.

"Corporations don't pay

"Corporations don't pay taxes. If you raise corporate taxes, corporations will simply raise prices. So if you vote for raises in corporate taxes you're in effect raising taxes on yourself." This is the same old barrel that corporations have had the American public over since the late 19th century. We are the government; the government has the power to approve or disapprove the right of corporations to exist, be licensed to operate. The first order of business is to take away the false "personhood" of corporations. Health insurance industry spokespeople are "talking nice" with the government now, but as soon as the "pressure" is off they will revert because they are what they are--terminators. As long as greed for profit rules, corporations will fire anybody who doesn't serve the purpose and most of those who do because the real problem is people, people who want jobs, incomes, health insurance, retirement programs, college tuition plans for their children. Ah, if corporations could only do without people!

"Corruption"? No, no -- it's

"Corruption"? No, no -- it's just 'business as usual' -- of, by and for the ruling class. It's been this way for the last few thousand years. It's the **peasants** who are supposed to get "pressed".

If this Congress cannot face

If this Congress cannot face down these most threatening powers that endager the safety of the Nation, than the United States will have capitulated as anything resembling a free nation. As a democracy, it is a paper tiger, and the people of the United States will have every right to oppose the governement, which no longer represents them. With arms if necessary. 'Tis a pity that those who buy such arsenals would never think of using them for democratic revolt.

Couldn't agree more

Couldn't agree more

While all the corruption

While all the corruption Marc Ash detailed continues unabated, allowing the "elected" elites to steal ever more from working people, enlightened leaders representing ordinary folks are being elected in Latin America. Latest, El Salvador. Earlier, Bolivia and Ecuador. More voters turned out in El Salvador than ever. When will Americans wake up and throw the bums out of the U.S. House of Representatives and the Senate? They don't represent us. We are the ones who put them there and keep them there! It IS within our power to clean up this mess.

Most members of Congress are

Most members of Congress are guilty of war crimes of one sort or another, which is, in my opinion, why Senator Leahy is pressing for a Truth Commission -- to pass out immunity. The fact of their guilt could be used to force congress to chose between personal prosecution for crimes done or prosecution of the public's business in the public's favor. If there was a will to do so within the Executive branch, that is. I wonder if they will.

The true, unadorned name for the practice Mr. Ash so eloquently describes is bribery. Until we make this practice illegal by rising up and insisting on public financing of political campaigns, nothing will change. It will always be business as usual, with the corporations who finance their pocket congressmen calling all the shots in their favor.

And don't even presume to dream about any health care reform that cuts into insurance industry profits. It simply cannot happen within our current, corrupt, system.

DO NOT discuss any kind of

DO NOT discuss any kind of "revolt" outside of peaceful mechanisms, and be wary even of that. Our leaders have been itching to declare martial law and even threatened those representatives that resisted the original bailout bill from '08 with it. The "Homegrown Radicalization and Terrorism Prevention Act" was passed by the previous congress (H.R. 1955) and now sits in committee waiting for an excuse to be revived. How many other bills were passed in secret as this one was and are simply waiting for a "shock" that will provide the excuse to revive them also? The government has been holding back on many oppressions waiting for the right moment and we must avoid giving it to them. By doing thus they will be forced to execute a "false flag" operation, and with any luck they will be exposed when they do. Peaceful mass protest, and general strikes are the only means we can use at this time. If enough people participated in general strikes they would be an effective mechanism for change, but even they might be considered a sufficient excuse for martial law by the corrupt criminals that comprise our government.

Solid article, Mr. Ash. Is

Solid article, Mr. Ash. Is it time to think about constitutional change in the US? "Representative democracy" is failing here. You see a small group of professional politicians, under constant pressure from lobbies (including the government bureaucracy). What about more direct democracy? Is it possible to have the people vote directly on important issues? The technology is there...

The problem with Congress is

The problem with Congress is the fact that they are bought and paid for by corporate interests -- that, by definition, makes them prostitutes. Political prostitution is much more harmful to the public interest than the sexual variety. What forces these alleged representatives of the public into prostitution is their need to campaign for votes, which they do over the PUBLIC airwaves for PRIVATE money. We need more than public funds for election campaigns -- we need public service access to all the public communications channels, which of course the corporate licensees will never willingly allow. There oughta be a law.......... It's LONG overdue.

I'm not sure Obama "wants to

I'm not sure Obama "wants to do the right thing" - look who he's picked for Treasury Secretary - along with Larry Summers - both players who were criticized for their spinelessness and connections to the whole deregulatory mess they helped create, even by the business press yesterday on ABC's Sunday talk show. Boding ill for Obama's (and the Democrats') future, these commentators noted that the Republicans have managed once again to steal the populist rhetoric. Is Obama really this out of touch? I voted for him, but I'm beginning to wonder if he's really as smart as I thought he was.

I blame the lobbyists and

I blame the lobbyists and they're conniving congressional payees. It would give me no surprise to find other government servants plotting with these culprits.

I believe in Mr. Obama and

I believe in Mr. Obama and his vision for America.... but will congress stand in his way?

Watch "The Obama Deception"

Watch "The Obama Deception" to see who "our" government works for! We are in deep trouble if we keep focusing on the gov't rather than the ones running it. Wake up to the Globalization taking place. We become impoverished while all the money goes to the wealty... to take our houses away and buy up every business it wants at pennies on the dollar. Then, we, the US, can be just like every country we've "helped". Take a look at Latin America or any third world country! Wake up before it's too late!

The problem is our system of

The problem is our system of legalized bribery. If corporate interests can simply pay Congress to do its collective bidding, how can we consider ourselves a representative democracy? Most people opposed $2.5 trillion dollar handouts to greedy, corrupt, incompetent banks, and Congress did it anyway. As Mr. Ash says, how ludicrous is it that the government 'can't do anything?' Funny how the governments hands are tied when it comes to handouts to wealthy individuals and corporate interests, but when working Americans need consideration from the government, Congress just says no. It's not a coincidence. Remember that next time some talking head in the corporate media starts screaming that giving the working class a break is class warfare. If what's been done to rank and file Americans over history and especially the last thirty years isn't class warfare, then there's no such thing.

For a bit of historical

For a bit of historical perspective related to some of the previous comments: There was a "law" that required the media to give equal time to every candidate for an office called the "Fairness Doctrine". It was "repealed" by Reagan. With respect to representative democracy (republic) -vs- democracy, the Articles of Confederation defined a democracy. From what I've read, everyone was literally shocked when the Constitution did away with democracy, and without "promises to fix it later" the Constitution would not have been ratified by the States. Needless to say most of those promises to "fix it later" were not kept.

Seems to me there should be

Seems to me there should be some legislation against banks and other financial institutions allowing themselves, through sheer greed and stupidity and no common sense whatsoever, to get into the kinds of situations arising now. Then action could be taken legally without question. Because why should innocent clients, and the rest of the populace, suffer deprivation whilst they go scot free? And why should those in top positions - who can still benefit from enormous bonuses (equalling the probable size of certain fat-retaining portions of their anatomies) - result in everyone else becoming thin by default? Maggie

Butch wrote: "Boding ill for

Butch wrote: "Boding ill for Obama's (and the Democrats') future, these commentators noted that the Republicans have managed once again to steal the populist rhetoric." Possibly. Just what exactly do you believe these Congressional Republicans would be doing and saying should McCain have been elected. Their populist rhetoric is just that, rhetoric.

How realistic is it for

How realistic is it for anyone to think or believe that President Obama can eliminate all the corruption that has been going on in Washington for decades? Or that because he hasn't eliminated it in 60 days, he is somehow corrupt himself. I don't believe for a minute that President Obama is corrupt. I believe he will do what is in his power to correct. But blaming him for issues beyond his scope is reckless and certainly does nothing to help our country. It is important that we have those who will ferret out the corruption. It is up to us to press our legislators and media and president to do what they can to eliminate it.

There must be some way to

There must be some way to take back the bailout of AIG to the tune of the amount that was paid in bonuses. Can't they be sued? I consider it criminal that the taxpayers are, in effect, financing huge bonuses for the CEO's, etc. If we had not bailed them out, would the CEO's get the bonuses? Where would the money come from? So is it the bailout money that is paying the bonuses? If so, government should be able to get that back. This really makes me sick. I am on SS, and I am getting a HUGE check for $250 as my part of the Economic Stimulus Plan. WOW !!!

According to the article,

According to the article, "Congress always seems to unable to close the deal." Wrong. Congress closed the deal. Behind closed doors. It just wasn't the deal we wanted.

"We are the government; the

"We are the government; the government has the power to approve or disapprove the right of corporations to exist, be licensed to operate. The first order of business is to take away the false "personhood" of corporations." YEEES!!! Sorry to have to resort to all caps like that, but this warrants it. We need to focus on this. All the other dominoes will fall.

Name & shame them...Sure

Name & shame them...Sure there's something the government can do. The can publish the names and addresses of these sleazeballs gorging at the public's expense. No anonymity..i wanna know who they all are. Public humiliation might force them to give their ill-gotten gains back. The other thing they can do is to go ahead and abrogate those contracts. Let them sue, if they dare.

Watering down the

Watering down the foreclosure prevention bill is a big mistake. After all the entire system was promoting home ownership. After all it was Bush who as late as 2005 wanted to increase home ownership. The worst part is that trusting Americans were told that they could afford a home by the mortgage industry when in fact they should have never gotten a mortgage nor should have bought a home. Most people don't have a MBA and are trusting their mortgage or financial advisors. These advisors are licensed and should comply to a moral ethics code that protects innocent Americans that are dreaming of living the American Dream. Most blame rests with the people who were pushing mortgages like drug dealers. The mortgage industry has an obligation to say No to people who can not afford a home. Now that we have the problem it is very irresponsible for the financial industry to oppose foreclosure prevention. A very big part here is GAME THEORY! Every home saved from foreclosure is a home less on the market and a home less that puts downward pressure on home values. The less homes come on the market the less home values sink and the less losses the entire banking system has to absorb. Since the banking losses have to be absorbed by the tax payer anyhow this means that the tax payer and the banking industry must have a vested interest to stop foreclosures, because the cheaper the over all bailout or losses will be. Even those with no mortgages will be affected because their home will loose less value. The downward cycle in home prices has to be broken for the system to recover. The sooner home prices are stabilized, the sooner the US economy recovers. Every home owning American and every tax payer has a vested interest to prevent foreclosures and that's the majority in the US.

Two questions: if AIG (and

Two questions: if AIG (and other) corporate execs knew they had scheduled bonuses coming up, and they beg for taxpayer money to save the company and then pay themselves, which is hardly saving the company, is that not fraud? Second question: I know this would never make it out of Congress, and probably not even into it, but wouldn't it be at least theoretically possible to pass a law taxing the income of anyone working for a bailed out company at a new rate? For instance, suppose, if their company received bailout money, all incomes over a certain amount - say, minimally, $400,000 or $500,000 -were taxed at 95%... I would think that would lessen the incentive for corporate execs to be so quick to steal from the taxpayers.

The government has a

The government has a contract with the people, the Constitution. As for failed banks that have failed their contract, the government should not be concerned about the contracts of failed banks. Instead of the contracts of the failed banks, I am of the opinion that our legislators are concerned about their own personal money being lost and trying to save it, rather than saving the economy of the nation, because their actions do not show strictly saving the nation's economy, but far too much concern for the lost capital of the failed banks.

I only want three things,

I only want three things, universal single payer health care, removal of the virtual personhood of corporations, and repeal of the legislation that allowed corporations to make political campaign contributions. That is the change we need. The savings we will make in per capita health care cost with universal single payer health care will fund discretionary spending and investment in building a new economy. Restoring the power to elect to individuals, to voters, as opposed to advertisers will remove the structural corruption that prevents us from making wise legislative decisions in the common interest. If the change you bring does not fix those three things, you are just rearranging the deck chairs on our titanic ship of state, not preventing it's date with the iceberg.

You wrote: "The Obama White

You wrote: "The Obama White House really looks like it wants to do the right thing." Really? After he appointed Robert Rubin acolytes Summers and Geithner. As far as the big banking interests go, (I'm not saying in some areas - and I'm sure Obama wants to do MORE of the right thing) - as I was saying, as far as the big banking/investment/insurance houses are concerned, I HOPE he does, I'm not at all convinced now. This won't happen, but there's a growing chorus: Obama: get rid of Summers and Geithner.

How much would houses cost

How much would houses cost if everyone had to pay cash for them? A lot less. This is the effect of easy credit. Same house, higher cost, self-reinforcing, the BANKS win and you and I pay 30 years of interest on money the banks never even had (fractional reserve banking). I have a small, paid-off house (after 30 years) on a small lot. Many of the houses I see in foreclosure are McMansions. I might be willing to TRADE houses withe the "poor victim" who bought 10 times the house he could afford in order to keep a roof over both our heads, but I will not willingly pay to keep him in that house. Foreclosures need to happen and house prices need to adjust to the level that people's income will support. They can move into an apartment. BTW the market is addressing foreclosures in its own way with many banks finding it better to pay the former owners to stay living in the house as caretakers!