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  • Right, so before we start properly, I just want to issue a little disclaimer. This video

  • might be misinterpreted as being anti-US or anti-business but it's not, the reason that

  • chosen to focus on the US is because the figures are much more readily available, which is

  • actually a good thing and something that the rest of us could learn from. Nor is it anti-business,

  • but in a democracy, it's supposed to be the people who are in control and it no longer

  • is. And that is why democracy is dying.

  • So let's begin. Yeah, you still have a vote. You may or may not use it but your vote is

  • in theory, at least, worth the same as everybody else's.

  • But it's not. There are many reasons why and this video will explain one of them.

  • First of all we've got to ask who's really in control of influencing government policy?

  • Is it the electorate who vote them in?

  • Once in every election cycle that might be true. That's when you vote your politicians

  • into power.

  • That's when you give them the green light for another few years in control. That's when

  • you are promised change and that's when you're promised a new way of doing things.

  • But it's once the elections over and your politicians are sitting comfortably in the

  • corridors of power that the dream fades into a distant memory.

  • But in reality you never had any influence.

  • Looking at the 2012 US Presidential campaign, the total spend by each of the major parties,

  • candidates and associated groups was more than one billion dollars each.

  • There's a link in the video description for a full run down on which sectors donated the

  • most money and to whom.

  • The same thing goes on on a smaller scale, per candidate anyway, for Congressional elections.

  • But it's once candidates are in their seat of power that the real pressure is applied

  • by the big corporations who funded the candidates.

  • Now, lobbying is the attempt to influence decisions made by governments and regulators.

  • It's done by a variety of sectors, including charities and special interest groups. But,

  • all other sectors pale into insignificance when compared to private sector lobbyists.

  • In the US in 2013 three point two one billion dollars were spent on lobbying congress, according

  • to the opensecrets.org database.

  • To put it into perspective, there are 12,279 lobbyists actively employed to influence decision

  • making.

  • There are currently only 535 members of congress.

  • And when you look at which companies are spending the most on lobbying, you start to see how

  • they influence government policies. We're going to put a load of links in the video

  • description if you want to look at any of these further.

  • In the US there's various communications companies like Verizon, AT&T, Comcast, and the umbrella

  • lobbying groups the National Cable and Telecommunications Association and the National Association of

  • Broadcasters.

  • Each one of those spends between in the region of 14 to 20 million dollars a year on buying

  • influence.

  • And when you look at the influence communications companies had over the abandonment of net

  • neutrality, you might wonder if business interests are being put before what is best for you

  • and I, Internet freedom and the freedom of information.

  • Next up, you've got energy companies like Exxon Mobil and General Electric, who spend

  • in the region of 13.5 million dollars each.

  • Interestingly there are no companies representing green energy in the top twenty spenders.

  • And just like net neutrality with the communications companies, you can see the influence of the

  • energy lobby as well.

  • Obama has been denied the opportunity to cut eliminate four billion dollars worth of tax

  • breaks to oil companies. Then what about Fracking policy? Pipelines? Offshore drilling? In 2013

  • energy companies spent more than 140 million dollars on lobbying, which is a huge amount

  • of influence they're buying.

  • I'm sure it won't surprise you at all to know that defence companies have a strong presence.

  • Northrup Grumman spend upwards of 20 million and Boeing and Lockheed Martin hover around

  • the 15 million dollar mark.

  • Could that be part of the reason why the US military budget for 2014 stands at a whopping

  • $632 billion dollars and is second only to social security spending?

  • Going into all of the top twenty would take forever, but there are medical and drugs companies

  • and then there are people like the Grocery Manufacturers Association - which represents

  • just about every major food company you could possibly think of.

  • And then you've got the US Chamber of Commerce, which is top of the pile. Now the US Chamber

  • of Commerce is a federation that represents businesses in front of Congress.

  • They cover everything from food and agriculture to the environment and energy, to financial

  • regulation and taxes and immigration, health care, labour and intellectual property, federal

  • contracting and on and on and on.

  • Every single tentacle of big business is represented. Each one buying its way into influence.

  • And the point isn't that lobbying is inherently bad and nor are we being anti-business.

  • The point is that we, you, the electorate, don't have a bunch of highly paid representatives

  • fighting for our rights in the corridors of power. We don't have somebody to wine and

  • dine politicians, we don't have somebody to have a little secretive word in their ears.

  • And in that sense the system is fundamentally weighted in favour of big business and against

  • little you and that is why it's not a democracy.

  • Now at this point I want to introduce you to an absolutely brilliant film about how

  • the economy works. It's called Four Horsemen and it's over there. Now, next week we've

  • got Renegade Economist, who made the film, coming on the channel, so if you haven't subbed

  • already, do that and you won't miss out.

  • But before we go, one more thing about lobbying. The people who hold so much sway behind closed

  • doors in Washington are also currently flexing their muscles in the drafting of the TPP and

  • T-TIP.

  • Those are two multinational agreements, one between the US and Pacific Nations and one

  • between the US and European Union. They will seek to normalise trading laws between the

  • partner states.

  • George Monbiot has described T-Tip as a monstrous assault on democracy, and points out a clause

  • on investor state dispute settlements. The intention of the clause would be to protect

  • foreign investors from governmental discrimination by allowing the corporations to sue governments

  • if local legislation doesn't suit their interests.

  • And what alarmed him most is that lobbyists have claimed that they are co-writing this

  • legislation, while the public is shut out, with barely a sniff of what's going on behind

  • closed doors.

  • Everything is linked up in the video description as well as some of our relevant videos.

  • Over there is our own playlist on the manufacture of Consent and our interviews with Glyn Moody

  • about the TPP. Take a look at those for us would you?

Right, so before we start properly, I just want to issue a little disclaimer. This video

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