Banks and big business orchestrating a 2014 political rumble.
Corporate statists under cover of the U.S. Chamber of Commerce are targeting the tea party faction in Congress and backing establishment Republicans as the 2014 primaries approach.
Cenk Uygur: Both parties owned by banks and transnational corporations.
“Our No. 1 focus is to make sure, when it comes to the Senate, that we have no loser candidates,” Scott Reed, a Chamber political strategist, told The Wall Street Journal. “That will be our mantra: No fools on our ticket.”
For the Chamber, political fools are those who oppose unchecked federal spending and irresponsible deficit spending and a ballooning national debt.
Calling itself an advocate for small business, the Chamber of Commerce is dominated by banks and large transnational corporations. CitiGroup, Google, Microsoft, Boeing, Merck and other banks and large corporations drive the relationship between the trade organization and government. In 2013 alone, the Chamber spent $30 million electing establishment and “centrist” Republicans who support corporate socialism.
During the faux government shutdown, corporate trade groups signed a letter denouncing the effort led by the tea party faction in the House to defund Obamacare and force the government to address an astronomical federal debt. The letter complained that a government shutdown would interrupt “vital services that industry relies upon” and be “economically disruptive and create even more uncertainties for the U.S. economy,” the Huffington Post reported in September.
The Chamber supports a continuation of an out-of-control federal budget and an escalating deficits under the guise of remedying a broken economy.
“We appreciate fully the importance of restraining federal spending, both discretionary spending and mandatory spending, to reduce federal budget deficits, contain the growth of federal debt, and thereby re-establish fiscal discipline in the near-term and for the long haul. However, with the U.S. economy continuing to underperform, the federal government needs to maintain its normal operations pending a successful outcome of broader budgetary reforms,” the letter sent by the Chamber to members of Congress ins September states. “It is not in the best interest of the employers, employees or the American people to risk a government shutdown that will be economically disruptive and create even more uncertainties for the U.S. Economy.”
The Chamber is targeting Texas Senator Ted Cruz and Senator Mike Lee of Utah. Both played an instrumental role in the failed effort to shutdown the government. In October, Tom Donahue, president and chief executive officer of the U.S. Chamber of Commerce, attacked Cruz during an interview with the Christian Science Monitor. Asked if Cruz should “sit down and shut up,” Donahue said that’s “one of the things we could work with him on.”
In November, the Chamber applied pressure to GOP intra-party voting and helped establishment Republican Bradley Byrne beat tea party candidate Dean Young in a special Alabama House election.
In addition, the Chamber has decided to get involved in primary races, something it has avoided in the past. It is pushing Idaho Rep. Mike Simpson, who has become a House fixture over the span of nine terms, in a race against a tea party challenger.
According to The Hill, the Chamber may influence Senate races in North Carolina, Georgia, and Iowa, where tea party candidates are expected to oppose GOP candidates.
The Chamber has emerged from the shadows to play its card during the coming elections. It special interest group believes this is necessary because the tea party is pushing to interrupt and eventual shut down the federal spending trough that feeds large corporations and banks at the expense of the American tax payer and, through pernicious debt, will enslave future generations.