December 19, 2015 by Chris Kite
The big news out of Washington this week was that Congress finally kind of did their job and passed budget. And the fact that there was compromise was a good thing. No one got everything they wanted and everyone was able to prevent something they hated. Like it or not, that is the way our government was designed to work.
But what isn’t readily visible is the ongoing creep further and further toward the United States status as an oligarchy.
There were a few items in the budget that should be raising eyebrows, but virtually no one noticed.
Congress took away the IRS’s ability to take action to prevent 501(c)4 organizations from being politically active. These organizations are not supposed to be political at all. After all, they are supposed to be tax exempt charitable or “public interest” organizations. But congress wants to keep controlling things by preventing investigation of where the money comes from and what it is being used for helps perpetuate that power.
Congress prevented the SEC from requiring corporations to disclose political spending.
So it looks like it will be a very merry Christmas for the elite influence peddlers in this country. As long as laws like these are getting passed, you can bet income inequality will continue to grow, and the influence of those with the most money will also continue to grow.
For the rest of us . . . . bah humbug!