Author: Ring of Fire Radio

During the long run of Republican leadership, prior to the Great Depression, Corporate America and the Republicans had an agreement. Government would not regulate, and business would not be limited by checks and balances. Corporations were able to generate bigger profits at the expense of workers, consumers, the U.S. Treasury, and the U.S. economy. The big were gobbled up by the bigger, and the concept of arms length competition was illusory. Deregulation increased profits, but none of those profits trickled down to the workers. It was laissez-fair government at its worst. Myths were created about corporations and capitalism. A...