Respected journalist Bill Moyers recently gave a hugely informative speech entitled “How Wall Street Occupied America.” See it at:  http://www.thenation.com/article/164349/how-wall-street-occupied-america.
While America Adrift details the broader corporate/oligarchic usurpation of our democracy, the Moyers article is must reading as a detailed account of the strategy and implementation of the takeover by corporate interests.

Moyers is just one of the millions of Americans who rose to greatness from humble beginnings; a product of what was still the American Dream. He is justly angered by how the dream has been stolen. What began as a counter to a supposed “attack on the American free enterprise system” in the 1970’s, blossomed into a full scale “revolt of the rich.” Supreme Court Justice Lewis Powell, then a board member of tobacco giant Philip Morris, sounded the alarm in a memo that detailed the strategy:

“Fight back and fight back hard,” he urged his compatriots. “Build a movement. Set speakers loose across the country. Take on prominent institutions of public opinion—especially the universities, the media and the courts. Keep television programs ‘monitored the same way textbooks should be kept under constant surveillance.’ And above all, recognize that political power must be ‘assiduously [sic] cultivated; and that when necessary, it must be used aggressively and with determination” and “without embarrassment.’”

If there is still any doubt about whether, and how, our representative democracy has been subverted, our middle class decimated and the American Dream turned to a nightmare, the Moyers article ought to put such doubt soundly to rest.

One Response so far.

  1. blog says:

    Excellent read, I just passed this onto a colleague who was doing a little research on that. And he actually bought me lunch since I found it for him smile Therefore let me rephrase that: Thank you for lunch!