The billionaire brothers' influence is most visible in the makeup of the House Energy and Commerce Committee, where members have vowed to undo restrictions on greenhouse gases.
Businesses have had at least 25 to 30 years near complete certainty -- certainty that they will pay lower and lower taxes, that they' will face less and less regulation, that they can outsource to their hearts' content (which when it does produce savings, comes at a loss of control, increased business system rigidity, and loss of critical know how). They have also been certain that unions will be weak to powerless, that states and municipalities will give them huge subsidies to relocate, that boards of directors will put top executives on the up escalator for more and more compensation because director pay benefits from this cozy collusion, that the financial markets will always look to short term earnings no matter how dodgy the accounting, that the accounting firms will provide plenty of cover, that the SEC will never investigate anything more serious than insider trading (Enron being the exception that proved the rule).
So this haranguing about certainty simply reveals how warped big commerce has become in the US. Top management of supposedly capitalist enterprises want a high degree of certainty in their own profits and pay. Rather than earn their returns the old fashioned way, by serving customers well, by innovating, by expanding into new markets, their 'certainty' amounts to being paid handsomely for doing things that carry no risk. But since risk and uncertainty are inherent to the human condition, what they instead have engaged in is a massive scheme of risk transfer, of increasing rewards to themselves to the long term detriment of their enterprises and ultimately society as a whole.
"We will fight it through all available means […] To quote what they say every day on Libya, all options are on the table."
That's what the chief lobbyist for the U.S. Chamber of Commerce told the New York Times after hearing the White House may issue an executive order requiring corporations that do business with the government to disclose their political spending.
The Chamber's pledge to fight tooth and nail to keep the American people in the dark about conflicts of interest in government is appalling, but not surprising.
If corporations and their executives are spending on politicians in an effort to "win" government contracts, the American people should know.
Urge President Obama to stand up to the U.S. Chamber and fight for disclosure. Sign the petition today!