From American Thinker

The general public typically equates the Chamber of Commerce with local Mom and Pop businesses in their area which meet for networking and mutual support in local chapters across the country. This is erroneous.

Even seasoned politicians are susceptible to having misconceptions about the Chamber. Former U.S. senator Jim Demint admits he naively thought it was lobbying for free enterprise and creating a better business environment for everybody. Now he says, "I pronounce them part of the swamp." Rep. Justin Amash (R-Mich), a conservative, adds, "I believe in free markets and am against cronyism and corporate welfare, and they [the U.S. Chamber of Commerce] support those things."

So what is the USCC? It is a business lobbying group that represents 80% of the Fortune 100 companies and is by far the largest interest group in Washington. According the Wall Street Journal, the Chamber spent $125 million in lobbying in 2014 and $95 million last year. This dwarfs the spending of any other interest group. One tactic the Chamber uses to swell its revenue is to solicit money from big international companies to promote specific goals. Since donor names are not public, the Chamber can pursue controversial fights without identifying the firms behind the effort.

 

The big hangups the Chamber and its client base had against Donald Trump involved immigration, trade, and tariffs. Adhering to its corporate masters’ call for a continuous supply of cheap labor, the Chamber lobbies for more immigration and resists tight border controls. Trade is much the same. Past trade pacts have allowed Wall Street to grow obscenely rich in the outsourcing of American jobs to third-world countries for sake of the bottom line of the multinationals. In the process, over a million ordinary Americans were left holding the bag. 

What this means is that what is good for Main Street will not be good for Wall Street and Big Biz, at least not in the short run. What benefits the American worker -- fair trade policy and tight immigration control -- will initially hurt Big Biz and Wall Street. And the hurt will continue until the financial economy is scaled back to its proper size and is no longer allowed to the tail that wags the American economic dog. Until then, MAGA is at war with Big Biz and the bought-and-paid-for political establishment. And this explains much of the resistance to Trump's tariffs and trade position.

Read the rest at American Thinker using the source link below
 

DONATE NOW!

Your contribution makes a crucial difference

Your gift today makes it possible to provide a strong defense for freedom!

Select Donation Amount



Current News

photo

The U.S. Has the Fattest Poor People in the World. Why?

Recent reports show that the United States is one of the most obese nations in the world—the only G-8 nation to crack the top 20 of the most overweight countries in the world....
photo

8th Place: A High School Girl’s Life After Transgender Students Join Her Sport

When two high school athletes who were born male but identify as female took first and second place at Connecticut’s girls indoor track championship this year, it wasn’t just a local news story....
photo

Why the Media Suddenly Lost Interest in the Latest School Shooting

School shootings are terrible events -- except for the left where they represent opportunities, as in Rahm Emanuel’s “Never let a crisis go to waste” modus operandi....
Eagle Action Report
Contributions are not tax deductible for federal income tax purposes and will be used in connection with federal elections. Contributions from foreign nationals or entities are prohibited. Use of the name and likeness of any candidate or officeholder is for the purpose of this PACs political communication only and IN NO WAY indicates any authorization by, affiliation with, direction from, or endorsement by that person of any kind. Federal law requires us to use our best efforts to collect and report the name, mailing address, occupation and name of employer of individuals whose contributions exceed $200 in a calendar year.
Paid for by Phyllis Schlafly's Eagle PAC
NOT AUTHORIZED BY ANY CANDIDATE OR CANDIDATES COMMITTEE.
eagleactionreport.com