Note: This is an excerpt posted with the author's permission. Click the title of the blog below to read the full piece.
http://www.huffingtonpost.com/cenk-uygur/silver-lining-in-corporat_b_764154.html|Silver Lining in Corporate Attack on Democrats>
By Cenk Uygur
In the past, corporations and rich donors were savvy enough to split their giving to both political parties so that both sides would have a financial incentive to protect them. Yes, they might lean more to the Republican side, but they gave enough to the Democrats to get them properly motivated to look out for corporate interests.
This is what has led to the two parties playing good cop-bad cop with us for the past 30 years. Republicans are the bad cops who rough up the middle class and the Democrats come in to sooth you over as they pretty much go along with very similar "pro-business" policies.
But now there is an important change in that dynamic. Multinational corporations seem to have pushed their chips all in on the Republican side. The Chamber of Commerce is planning to spend $75 million in these elections and http://money.cnn.com/2010/09/13/news/economy/Big_Business_elections/|85% of it will go to Republicans>.
Of course, there is a huge downside to this for the average American. The Republicans have an enormous financial advantage because of this and many other "independent" groups like http://www.csmonitor.com/USA/Politics/The-Vote/2010/1005/Karl-Rove-group-spends-big-in-Election-2010-but-is-it-legal|Karl Rove's Crossroads GPS> piling on money collected from some of the richest people in the country. This is their class warfare to make sure the top 1% and their tax cuts are protected. And they seem to have chosen a very good time with the anti-incumbent feeling in the air so strong and the economy hurting so much.
So, what's the upside? Well, they've given Democrats no incentive not to fight back (which is their usual M.O. in the good cop-bad cop games they've been playing until now). Now that the Democrats feel significantly endangered and there is no good argument for holding back, it's game on.
If the Democrats manage to hold on, for the first time in a long time they would have an incentive to fight back against a system that is rigged in favor of the rich and the powerful. Because those same folks just declared war on them. If they don't join the battle soon, they are going to get wiped out in 2012. If you thought business interests spent a lot of money in this election, wait till you get a load of 2012...