Thursday, January 20, 2011


Tea Party Republicans May Crack Party Discipline: Ralph Nader
By Ralph Nader - Jan 9, 2011 9:00 PM ET --Bloomberg--


Five conflicts on corporate policies that likely will divide Republicans are:

No. 1. Curbing the Federal Reserve. Here Ron Paul of Texas, the new chairman of the House subcommittee overseeing the Federal Reserve, is straining at the bit to lead the way. Last year he had more than 300 House members signed on to a bill to audit the central bank. Paul has far more ambitious goals as his book, “End the Fed,” outlines.

The central bankers are anxious about his growing influence. Paul has a demonstrated ability to articulate Fed issues. There is rising anger around the country against the central bank and its many secret bailouts. Moreover, there are a number of Democrats, including Senator Bernie Sanders, an Independent, who have significant agreement with Paul’s determination to overhaul this giant regulator and debt juggernaut whose budget is funded not by Congress but by banks.

No. 2. Watch for heightened criticism of corporate welfare programs -- numbering in the hundreds -- that feed companies subsidies, handouts and special protections from markets. The huge corn ethanol subsidy will probably be among the first to be challenged.

No. 3. After many years, the swollen, waste-ridden military budget, with its over-reaching corporate contractors operating in two unpopular wars, will receive bipartisan examination (with the help of libertarian think tanks such as the Cato Institute). The coalition building around the alliance of Representatives Barney Frank of Massachusetts and Ron Paul will start exposing this taboo subject. Defense contractors are bracing for a new pushback on procurement deals.

No. 4. The World Trade Organization, the North American Free Trade Agreement and proposed bilateral extensions will receive Tea Party scrutiny, especially as China continues to de- industrialize America, all with the eager cooperation of American companies and their compromising of U.S. sovereignty.

No. 5. Whistleblower protection inside government and corporations strikes fear and consternation among both bureaucrats and corporate executives. Long-time Republican senatorial champions of expanding whistleblower rights against waste, fraud and abuse, led by Charles Grassley of Iowa, will have many new allies and support from progressive Democrats. The new financial reform law’s whistleblower recovery rights, expanding on the federal False Claims Act, will force this issue to the forefront, judging by the early mobilization of corporate lobbies to weaken or repeal that provision.

During the four-year domination of Congress by Democrats, Republicans were able to put party unity ahead of principle. With their ascension to the House majority and having within their ranks independent freshmen and Tea Party-backed incumbents in both Houses, the Republican caucuses may now have legislators putting principle above party discipline.

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