Republicans are saying that President Obama's on Mitt Romney is an attack on the whole capitalist system. If that is true, then they were the ones who began the attack. It wasn't President Obama, it was one of their own, Newt Gingrich who coined the phrase "vulture capitalism", and Rick Perry, former governor of Texas wholeheartedly agreed with his assessment of just what it was that Mr. Romney did for a living.That is to move into companies, strip them of their capital within a few years and leave them bankrupt, their workers unemployed and without insurance and all the while taking tens of $ millions in profits.
It's true that our country was built on capitalism, but unrestrained capitalism is cause for great concern. When you look at what happened on Wall Street just a few years short years ago, you understand what I'm talking about. Unregulated banks and many other corporations brought us right to the very edge of the abyss of economic destruction and ruined the ecology of many places in this country (BP oil spill, earthquakes caused by fracking). Now you have a good idea of what vulture capitalism is. They were unconcerned with the economic wellbeing of the citizens or the condition of the ecology. Their only motivation was short term profit.
So, yes capitalism may be the best system in the world right now. But if it is allowed to run amok, as in the case of the Supreme's Court's Citizens United ruling, we can already see it's effects. The corporations are spending unlimited amounts of money in an attempt to buy our government. Their campaign contributions already control the way the majotity of our senators and representatives vote even now. If this ruling is not reversed, it will surely mean the downfall of this country as a democracy
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