Published

3 years ago

October 8, 2023

Alice Rush

From Rutherford B. Hayes, President of the United States (1877-1881):

“In church it occurred to me that it is time for the public to hear that the giant evil and danger in this country, the danger which transcends all others, is the vast wealth owned or controlled by a few persons. Money is power. In Congress, in state legislatures, in city councils, in the courts, in the political conventions, in the press, in the pulpit, in the circles of the educated and the talented, its influence is growing greater and greater. Excessive wealth in the hands of the few means extreme poverty, ignorance, vice, and wretchedness as the lot of the many.”

Here we have the rationale for overturning the 2010 U.S. Supreme Court decision “Citizens United,” which grants corporations the right to spend as much money as they wish to control the outcome of our elections and insure total control over our lawmaking processes.

Will such a measure be sufficient to right the ship? Of course not, but it’s a great first step, to be taken along with restoring the taxation of the rich and corporations that we had before the “trickle-down economics” hoax of the Reagan era.

Wealth Inequality

Related Topics:President of the United States Rutherford B. Hayes Wealth Inequality

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