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In Northern California's Humboldt County, voters decided by a 55-45 margin that corporations do not have the same rights...as citizens when it comes to participating in local political campaigns. Until Tuesday in Humboldt County, corporations were able to claim citizenship rights, as they do elsewhere in the United States. With the passage of Measure T...voters have signaled that they want out-of-town corporations barred from meddling in local elections. The "Yes on T" campaign was rooted in regard for the American experiment, from...references to Tuesday's election as a modern-day "Boston Tea Party," to the quote from Thomas Jefferson: "I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government." Just as Jefferson and his contemporaries were angered by dominance of the affairs of the American colonies by King George III and the British business combines...so Humboldt County residents were angered by the attempts of outside corporate interests to dominate local politics. Humboldt County residents...put Measure T on the ballot, declaring, "Our Founding Fathers never intended corporations to have this kind of power." Let us hope that the spirit of '76 prevailed Tuesday in Humboldt County will spread until that day when American democracy is guided by the will of the people rather than the campaign contribution checks of the corporations that are the rampaging "empires" of our age.
Global food companies are aggravating poverty in developing countries by dominating markets, buying up seed firms and forcing down prices for staple goods including tea, coffee, milk, bananas and wheat, according to a report to be launched today. Two companies dominate sales of half the world's bananas, three trade 85% of the world's tea, and one, Wal-mart, now controls 40% of Mexico's retail food sector. It also found that Monsanto controls 91% of the global GM seed market.
Almost half of all Americans believe the November elections have more influence than market forces. For them, the plunge at the pump is about politics, not economics. According to a new Gallup poll, 42 percent of respondents agreed with the statement that the Bush administration "deliberately manipulated the price of gasoline so that it would decrease before this fall's elections." Fifty-three percent of those surveyed did not believe in this conspiracy theory, while 5 percent said they had no opinion. The excitement—and suspicion—among U.S. motorists follows a post-summer decline in gasoline prices that even veteran analysts and gas station owners concede has been steeper than usual. The retail price of gasoline has plunged by 50 cents, or 17 percent, over the past month to average $2.38 a gallon nationwide, according to Energy Department statistics. That is 42.5 cents lower than a year ago, when the energy industry was still reeling from the aftermath of hurricanes Katrina and Rita, which damaged petroleum platforms, pipelines and refineries across the Gulf Coast. Fimat USA oil analyst Antoine Halff said there is no doubt that "the downturn in prices is welcome news from an electoral standpoint for the ruling party." But he scoffed at the notion that the U.S. president had the power to muscle around a global market.
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