| Dollar Democracy | Table of Contents |

Dollar Democracy excerpts:

  1. Buying American Politics and Selling Out the American Dream
  2. Jobs and the Economy
  3. Education
  4. Health Care
  5. Destroying our Environ-ment for Immediate Profits
  6. Big Agribusiness, Pesticides, GMOs
  7. The Great Recession
  8. Pentagon Waste, Fraud and Abuse
  9. With Liberty and Justice for All
From Chapter 1 (p.12):

“We Have the Best Politicians Money Can Buy”

As we were making our way out of the ARCO offices, my campaign manager reminded me that we had a long way to go to raise the requisite $500,000 minimum that winning candidates for Congress were raising and spending in 1994. In the national elections of 2012 the winning candidate for the U.S. House of Representatives averaged $1.7 million raised and spent per district. The losing candidates averaged $700,000 raised and spent in each district. That was a total of $1,137,350,177 in the 2011-2012 election cycle. In 2013 alone, House and Senate incumbents and challengers running in the 2014 elections raised a total of $629,391,256, mostly from wealthy corporate special interests in the top 1% who want tax loopholes, subsidies, and other handouts from members of Congress whom they help elect.

They get these favors from Congress, which causes Congress to cut, or not increase, needed spending for programs that provide opportunity and success for the bottom 99% (the middle class and working poor); programs such as public education, preschool through college and university, full universal health care (where Obamacare leaves 20 million Americans uncovered), full and secure retirement for all Americans, higher minimum wage and a living wage, investment in small business and entrepreneurial capital and rebuilding and modernizing our infrastructure, scientific research and development, and direct government employment as in Franklin Roosevelt’s New Deal, all of which would create millions of new well paying jobs through increased demand and growth in the American Economy.

Dollar Democracy Is Not a Victimless Crime

… In addition to the $6 billion in corporate tax loopholes and subsidies given to the oil and gas industries by Cheney, Bush and the U.S. Congress, the energy bill rolled back many of the most important regulations in place on the oil and gas industry:

Called the “Halliburton Loophole”, Section 322 exempts from the Safe Drinking Water Act a coal bed methane drilling technique known as “hydraulic fracturing” (“fracking”), which pollutes underground drinking water. Halliburton, for which Dick Cheney was the CEO in the 1990s, is one of the largest corporations engaged in widespread fracking. This exemption prevents lawsuits by Western ranchers and others who claim that fracking pollutes groundwater by injecting contaminated fluids underground. Sixteen companies benefit the most from the Halliburton Loophole, exempting them from clean water laws: ChevronTexaco, BP, ConocoPhillips, Marathon Oil, Halliburton, Anadarko, Burlington Resources, Devon Energy, Dominion Resources, EOG Resources, Evergreen Resources, Oxbow (Gunnison Energy), Tom Brown, Western Gas Resources, William Cos, and XTO. Practicing “Dollar Democracy” these oil and gas corporations gave almost $15 million to federal candidates, more than three-quarters of it to Republicans. At the same they spent more than $70 million lobbying Congress. They reaped hundreds of millions of dollars in profits with their Halliburton Loophole. The American people reaped bloody noses, severe headaches, respiratory illnesses, other maladies, flammable faucets, polluted air and dangerous drinking water! … [more – LCV example]
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Book Review: Dollar Democracy: With Liberty and Justice for Some; How to Reclaim the American Dream for All

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by  | American News Service | Book Review

Many questions torment America in the dark night of its soul, but its seems Corporate CEO pay emerges as one of this year’s hottest trending issues. At the midway point to the next election, this and other hotly contested issues  are shackled and tackled in Professor Peter Mathews’ must-read new bookDollar Democracy: with Liberty and Justice for Some; How to Reclaim the American Dream for All.


Despite the country’s dire state of affairs, Mathews remains optimistic, and closes the opus with some viable plan for the people to reclaim the American Dream. The literary equivalent of a one-man million-man march for equality and justice for every U.S. citizen.” Review by Kam Williams, Syndicated columnist

Read this book about Corporations and their pampered and panderingpolitical offspring.  Act Accordingly. Our country is in the midst of an uncivil war between the alarmingly powerful, determined to destroy the middle class and the intentionally left behind.

Professor  Peter Mathews’ book  serves as a counterpoint to those who luxuriate in denying the reality of America’s  rapidly changing social landscape. We are dangerously close to cementing a permanent American catastrophe. Mathews  boldly and unapologetically asks questions and gives solutions that the media/propaganda machine purposefully ignore. He  closes the tome with a checklist of high crimes and misdemeanors and an urgent call to conscience and about what needs to be done next.

Determining our actions today can move us towards either a stronger, more positive future, or a future shrouded in fear, poverty, war. This book is written as a primer for people of all ages and all classes who want answers.

Professor Mathews speaks in a voice that resounds with clarity and conviction as he examines the direct and intentional outcome of  separate policies that were advocated, starting with the Reagan administration, to intentionally deceive and destroy the middle class.  In a full frontal attack by the corporate manipulators  Mathews  details how the middle class has become superfluous to the very rich and why various policies were deliberately created to eliminate them. Their defining characteristic is dirty, scorched-earth partisanship carried out regardless of cost.  Conservatives are anxious again to finish first – with the big prize-monopoly control of the American government, and the power to turn their ideology into the law of the land.  Quite a bargain at any price. People want answers, but our compromised leaders can’t provide them because bold actions carry too much political risk.  Meanwhile the corporations are booming and running roughshod over us. They are operating in their own time and space continuum that is increasingly supranational – disconnected from local concerns and their home markets.

Mathews reveals that there are fat corporate balance sheets ready to create jobs and prosperity – just not in America.  While corporations feign heartfelt pledges of allegiance to the U.S., they still must depend on the government to protect intellectual property and keep waterways safe so they can deliver their made-in-China supplies to us.  This formidable book brings to light of day important new information regarding how the Corporate manipulators are destroying our country.

       Dollar Democracy is a riveting read, the text, defiantly disturbing. Mathews’ writing style passionately grounded in integrity and reality. The conclusions of his detective work fit together like sword and scabbard. He gives his reader so much juicy information, a veritable tsunami of corporate skullduggery. He doesn’t mince words and he doesn’t hold back when identifying the cauldrons of chaos they have created. He exposes these and others among the secret corporate power elite as the coolly vicious orchestrators of wars and grand-scale theft. Mathews  also details the mind-boggling sums of money their CEO’s reap from the proceeds of their crony capitalism. And what’s interesting is that the fortunes of corporations are totally delinked from the fortunes of the rest of the world. The 2008 financial crisis devastated hundreds of millions of people, but the following year Wall Street revenue hit US$60 billion, a historic high, thanks in large part to the massive injection of public money they received. Average wages in developed countries have dropped since the crisis, but the median pay for CEOs in the US now exceeds $10 million. A CEO now makes about 357 times more than the average worker’s salary in the U.S., up from 181 times in 2009 and 40 times in 1980.  The divide between the have-nots and have-yachts  is getting worse really, really fast. In 1980, the top 1 percent controlled about 8 percent of U.S. national income. The bottom 50 percent shared about 18 percent. Today the top 1 percent capture about 20 percent; the bottom 50 percent, just 12 percent.

But the problem isn’t that we have inequality. Some inequality is intrinsic to any high-functioning capitalist economy. The problem is that inequality is at historically high levels and getting worse every day. Our country is rapidly becoming less a capitalist society and more a feudal society. Unless our policies change dramatically, the middle class will disappear, and we will be back to late 18th-century France. Before the revolution.

Crony politicians have made decisions that led to outsourcing good middle class jobs, dismantling our public education system kindergarten through college and university; deteriorating  health care that leaves Americans in danger, sick and broke; the destroying of our environment and lives; the polluting of our food through deregulation of big agribusiness, pesticide use and the proliferation of Genetically Modified (GMO) foods; the crash of Wall Street and the Great Recession from which the bottom 99% of Americans have not yet recovered; while the super wealthy are doing better than ever.

Mind-blowing from the beginning, Mathews’ book takes an even more astounding contemporary turn when he declares their efforts over the past thirty years have succeeded. The middle class democracy that made America great is in seemingly irreversible decline. Mathews clearly shows how the Corporations and their crony politicians  have hoodwinked America by separating speech and thought.

But wait, Mathew is a political pugilist, ready to lob a whole arsenal of answers on how we can reverse these trends and return middle-class democracy. He proposes comprehensive, bold, visionary solutions to restore America’s formidable democracy and make this country great again.

Can the truth change the course of history? If the truth can heal, then this book is a prescription for accountability. It is a must-read for anyone who believes that following our constitution must be mandatory for the pursuit of good government and that our once vibrant and powerful democracy is not for sale to the highest bidder and the too-clever-for-word machinations of the Corporate Pollution Politics.

Dollar Democracy is really a blueprint for Americans that have had enough. And that means 99% of us.

 


  1. LBCC Philosophy Club presents Dollar Democracy with Peter Mathews Comments Off on LBCC Philosophy Club presents Dollar Democracy with Peter Mathews
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