Corporations exist to make money for their shareholders. Investors want to see consistent profitability and indications of future profitability. How the corporation gets its wealth is irrelevant to the investor as long as the share price keeps going up.
As an example, consider your mutual funds. Do you know who you are investing in? Do you care? Probably not. When you chose your mutual fund you were interested in the returns you would receive over the life of your investment.
Any of you have Microsoft stock that you purchased in the 80's or early 90's? Good for you! You've made some huge returns on Microsoft stock over the years.
Fair enough. Corporations have given America much of its strength.
Unfortunately, for the reasons I gave above, corporations don't care about Americans or America. No one invests on that basis. That's why giant companies like Tyco register their companies offshore to avoid paying taxes. In a time of war no less.
That's why Enron was literally laughing it up as California wildfires shut down power plants.
Fortunately, this is a nation for the people, by the people and of the people.
When we reform Medicare, we make sure that, um,... we the people can't negotiate drug prices with big pharmaceutical firms. Rats.
When we update fair trade legislation, we make sure that
The most amazing part of the deal is that, by my reckoning, less than one in five Americans know they are being ripped off, poisoned and blinded by their own elected officials (Republicans*) in the name of corporations. Since the news networks are almost totally controlled by corporate influence, the people aren't going to find this stuff out by watching any major network.
I consider myself to be centrist and pro-business. But we are now seeing a breakdown in the checks and balances that should be present in our system of government.
Let corporations do their business. Let government do ours.**
*President Bush excluded. He was appointed, not elected.
**Don't give me any "government doesn't work" nonsense. Think government can do better? Show some guts and fix it. Don't outsource it to Worldcom, Halliburton or India.