Chamber of Commerce Launches $100 Million Campaign to Protect Wall Street's Power at Our Expense
But the U.S. Chamber of Commerce plans to spend $100 million on a lobbying push to tell you the otherwise. It's a very careful strategy designed to ensure that Wall Street maintains the power to hijack the economy and demand epic bailouts from ordinary citizens as a reward for its own greed.
Perhaps the greatest public deception surrounding today's financial meltdown is the notion that it is unique -- a once-in-a-lifetime crisis that reflects bad luck rather than any fundamental problem with the U.S. banking system's sway in global politics.
The name may sound like a coalition of your friendly neighborhood small-business proprietors, but in truth, the CoC is the world's most powerful lobbying machine for the corporate executive class.