For Immediate Release
Progressive Democrats of America Launch Campaign to End Corporate Rule
WASHINGTON - Today, Progressive Democrats of America (PDA) launched the Campaign to End Corporate Rule. Its mission states:
The Campaign to End Corporate Rule exists to influence budget debates, election outcomes, public policy and other achievable short-term, mid-term and long-term objectives to restore democratic balance and end corporate dominance in our society.
Corporate welfare will be a main theme of the campaign, beginning with the Medicare Part D prohibition on negotiating prices of bulk medicine purchases, which could save hundreds of billions of taxpayer dollars in a decade—easily a trillion dollars over two decades—if eliminated. The campaign is asking taxpayers to sign a petition asking Congress to close the no-negotiation loophole.
"Time and again, whether we are seeking sensible healthcare, environmental, economic, or foreign policy supported by a majority of Americans, we are stifled because corporate lobbyists and donors have managed to get between us and our legislators," said Tim Carpenter, PDA national director.
From healthcare to energy and financial services, mega-corporations have a stranglehold on our legislators, resulting in record-breaking profits for the executives and shareholders, and huge long-term liabilities for taxpayers. The economic crash of 2008 is only one recent example.
Federal and state governments, experiencing budget shortfalls, are proposing and passing austerity measures on those same taxpayers while passing tax cuts for the very wealthy and big business, despite dire warnings from many prominent economists that austerity measures will slow down the recovery for Main Street.
Carpenter added, "Instead of putting people back to work—a known economic stimulator—and refilling government coffers with the taxes that millions of unemployed Americans used to pay, we get policies that further exacerbate the Main Street economic recession."
The campaign will work in alliance with other organizations and individuals. For more information, visit: http://www.pdamerica.org/get-
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