The corporations are the minions of the banks. They depend upon credit and bank loans in order to conduct their production and marketing. They give the U.S. its financial power and its credit standing as a nation. If corporations paid their fair share of taxes, we ordinary citizens would not need the Contract with America or any other financial squeeze. The banks favor corporations because they are big moneymakers for banks.
Some corporations are richer and more powerful than nations.
Conglomerate corporations can own hundreds of companies with different products under different trade names. They own the media, which gives us our information and sets our opinions, food products, agriculture, forests-you name it. It is difficult to discover exactly what a conglomerate may actually own. Conglomerates are international and as such may have a finger in every nation's pie. Many if not most oil companies are conglomerates, own agriculture, pesticides, herbicides, fertilizer, plastics, textiles and related synthetics.