Category Archives: campaign finance

Here’s the best news out of that Virginia primary

Okay, we all know now that a very powerful entrenched leader of the national Republican Party and the US House was tossed out by a previously unknown opponent. That’s the politics.

But for the rest of us, it’s more than politics. It’s hope. Eric Cantor outspent his challenger by 26 to 1 and lost. Cantor campaign spent OVER $5,000,000;  Brat spent $200,000.

Money got a big fat slap upside the face last night. Sleep better tonight – everything looks more possible today.

Wisconsin won. Well, the godly gentlemens did anyway.

Calling Wendy! Calling Nina!

Governor Scott Walker put pen to paper yesterday and proudly inflicted mandatory trans-vaginal ultrasounds upon Wisconsin ladies because that’ll get the women’s vote fer-sure!

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Man, I miss Newt Gingrich

From his SuperPAC, Winning Our Future. It’s art.

2751 comments on a single post. Alas, not mine.

I’ve never seen a number like that. That comment thread is at David Corn’s original MoJo article about the video from a Romney fundraiser where, to quote Corn:

Romney displayed a high degree of disgust for nearly half of his fellow citizens, lumping all Obama voters into a mass of shiftless moochers who don’t contribute much, if anything, to society, and he indicated that he viewed the election as a battle between strivers (such as himself and the donors before him) and parasitic free-riders who lack character, fortitude, and initiative.

2751 Frackin’ comments! Also, class warfare anyone?

UPDATE: In comments, mac adds this (wowza!):

But guess what Moe! Just saw that the original post on HuffPo about the video – which has become the most commented EVER at their site..

167,682 comments.

Yes. 167 thousand comments.

Solving our nation’s problems: any semblance of rational thought has now left the room

At a fundraiser in Israel, Mitt Romney marveled at how little Israel spends on health care relative to the United States. He was jealous and wished we could find a way to contain our costs like they have. He probably likes the quality of their health care too – Israel ranks #18 in life expectancy; we’re #50.

Israel has had completely socialized health care since they became a nation 65 years ago.

“When our health care costs are completely out of control. Do you realize what health care spending is as a percentage of the GDP in Israel? 8 percent. You spend 8 percent of GDP on health care. And you’re a pretty healthy nation,” Romney told donors at a fundraiser at the King David Hotel in Jerusalem, speaking of a health care system that is compulsory for Israelis and funded by the government. “We spend 18 percent of our GDP on health care. 10 percentage points more. That gap, that 10 percent cost, let me compare that with the size of our military. Our military budget is 4 percent. Our gap with Israel is 10 points of GDP. We have to find ways, not just to provide health care to more people, but to find ways to finally manage our health care costs.

But, but, but  f-r-e-e-d-o-m !  (Or maybe you could just look around you Mitt.)

Suck on this ALEC. Your day is passing.

Sometimes the blinders are lifted. And sometimes people do the right thing. ALEC is bleeding members. Really important members. Take that you damn NRA.

Now maybe a few of our State legislatures might try writing laws themselves again, if they haven’t forgotten how.

Five more companies, including Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, have left the controversial American Legislative Exchange Council (ALEC) since the Feb. 26 killing of Trayvon Martin, 17, in Sanford, Fla

ALEC is a Washington, D.C.-based group that lobbies for laws in state legislatures, including the “stand your ground” law. George Zimmerman, 28, who’s been charged with second-degree murder in the case, has cited the law as part of his defense.

The others to resign are CVS Caremark (NYSE: CVS), Deere & Co. (NYSE: DE), private MillerCoors LLC and BestBuy (NYSE: BBY), respective giants in drugstores, tractors, beer and electronics retailing.

Last month, Dell (Nasdaq: DELL), the No. 3 PC maker, quit ALEC after the Progressive Change Campaign Committee and other liberal groups launched anti-ALEC activities. Nearly 30 companies and nonprofits have quit by now.

Say hello to America’s debtors’ prisons. The 19th century is all the fashion, bitches!

Did you know about this? I didn’t. (Charles Dickens however was very familiar with this particular script.)

Here’s the story at Naked Capitalism from 2010. It’s not only still going on, it’s far worse today. And in the new American way, we’ve invited private companies to handle the matter, with enough profits to – ahem – make a few campaign contributions to their favorite pols. It’s a whole new growth industry. (Because Elvis-forbid that States should add public sector jobs! If it’s jobbed out, and thus off the State payroll, and even though it’s more costly (in more ways than one), our elected officials then can’t be accused of adding government jobs when they run for re-election. Sweet.

The practice is spreading because it’s such a good economic model – spend State money to imprison debtors, then close them off from any avenue by which they could repay that debt. And in most cases, add a few fees and let them compound. Brilliant, yes?  And it’s so rightous. And godly.

Here’s a  CBS News story from April of this year: 

How did breast cancer survivor Lisa Lindsay end up behind bars? She didn’t pay a medical bill — one the Herrin, Ill., teaching assistant was told she didn’t owe. “She got a $280 medical bill in error and was told she didn’t have to pay it,” The Associated Press reports. “But the bill was turned over to a collection agency, and eventually state troopers showed up at her home and took her to jail in handcuffs.”

Although the U.S. abolished debtors’ prisons in the 1830s, more than a third of U.S. states allow the police to haul people in who don’t pay all manner of debts, from bills for health care services to credit card and auto loans. In parts of Illinois, debt collectors commonly use publicly funded courts, sheriff’s deputies, and country jails to pressure people who owe even small amounts to pay up, according to the AP.

I especially liked this part:

Some states also apply “poverty penalties,” including late fees, payment plan fees, and interest when people are unable to pay all their debts at once, according to a report by the New York University’s Brennan Center for Justice. Alabama charges a 30 percent collection fee, for instance, while Florida allows private debt collectors to add a 40 percent surcharge on the original debt. Some Florida counties also use so-called collection courts, where debtors can be jailed but have no right to a public defender.

Clear enough? Any questions?

This is Jamie Dimon, CEO of JP Morgan Chase, testifying in front of Congress today. See the cufflinks? Like them? They carry the seal of The President of the United States. Doesn’t matter which president – could be any one of them. (Good looking guy though . . . )

And they damn well know it!

In the mid-80’s, Ronald Reagan sat down with Speaker Tip O’Neill and crafted a few fixes to secure Social Security as a self-funding program for the next quarter century. It worked, just as planned. They knew, as did congress then and as does congress now, that future congresses would be required to do the same from time to time. They knew then as they know now, that Social Security is sound policy and a sound program, unless . . . .

For nearly a century, this marvel of policy engineering has kept generations of our elders out of poverty.

For all of that time, it’s also had enemies, determined to destroy it. In the 80’s, Reagan and O’Neill and the sensible policy establishment (much more centrist then) in Washington hadn’t yet heard of Newt Gingrich or Grover Norquist or Pete Peterson (well, those aforementoined  ‘enemies’ had heard of Peterson all right – he financed them).  Nor did they know that a well-funded campaign was already underway to convince younger Americans that SS wouldn’t be there for them, while quietly engineering its destruction.

They’ve pretty much succeeded. Because they knew that all it would take to break Social Security was to refuse to fix it.

Shit lobbyists say (I know, I’m late to the game)

Lobbyists write legislation, they take your representatives out to lunch (they can pay for it if both diners are standing, not sitting), they throw fundraisers, they abide by absurdly specific rules to avoid appearance of graft and bribery, but nonetheless, Lobbyists influence your government for the benefit of corporate interests.

http://www.unitedrepublic.org

http://www.republicreport.org

http://www.sofapundit.com

Thanks for getting rid of the nukes Senator, but we won’t need you anymore

So the Tea Party and Dick Armey and Karl Rove and all the Koch money and the poor souls who think they’re well served by being ground troops for this crowd did it, they got rid of Lugar. He just wasn’t pure enough.

A Lugar loss marks a sea change in both Indiana and Washington, where Lugar  has long played the role of Republican wise man, a sober internationalist who  could reach across the aisle to solve difficult problems.

In today’s political climate, however, Lugar’s bipartisan leanings were part  of his undoing — and the defeat of the man Richard Nixon once called “America’s  mayor” when he led Indianapolis will send chills down the spines of fellow GOP  incumbents seeking reelection in states where a conservative insurrection is  possible.

“The geezer empire strikes back”

We all know that rich old men, let loose by the Supreme Court’s cavalier and supposedly intellectual exercise in constitutional masturbation, Citizens United, are busy buying  themselves a Presidency.

Received from friend Ed today, this is Frank Rich, that elegant and terse practitioner of the English language,  in New York Magazine:

. . . 2012 may be seen as the election in which the geezer  empire struck back.

Who has ever said it better?

The people’s candidate: not that it matters anymore

Keith Fitzgerald, good guy

Vern Buchanan, my ethically-challenged Congressman, currently (actually I think this is the third time) under investigation by his tribe in the Congressional Ethics Committee, and previously investigated by Fed Election Commission and the FL AG, doesn’t need support from the little people.

A story in my paper this morning looks at funding so far for Vern and his challenger Keith Fitzgerald (go Keith go!).

First quarter funds:

  • PACs: Vern 26.3%; Keith 17.9%
  • “Other”: Vern 19.7%; Keith 0.3%
  • Self: Vern 14.8%; Keith 0%
  • Individuals: Vern 39.2%; Keith 81.7%

And Vern will win the prize. Count on it. USA! USA! USA!

 

Why I’m so proud to be a Floridian

They don’t even bother to hide what they’re doing anymore. They’re for sale to whoever comes up with the check. Gimme the money, I’ll pass you a nice new law. More here.

Why the Kochs aren’t Soros (or Gates or Buffet for that matter)

The right-wing in America likes to demonize George Soros, calling him a “commie, socialist and climate fraud” (no clear how one can be a communist and a socialist, but . . . ), is the left’s equivalent of the Koch Brothers, the Bradleys, the Sciafe’s, the Olins, i.e., the big donors to right-wing think tanks and media.

Soros indeed supports many liberal organizations because he is a liberal. He has also been one of the world’s biggest private donors to efforts to end Russian communism, end the USSR and help former communist nations creat open democratic governments. Activities, I must admit, easily confused with being an actual communist. To be fair, here’s a link to a Free Republic blog that lists where the money goes (no dollar amounts – that’s hard); they only list American organizations.

Big time funders, right and left, have that in common – they are big time donors. There’s a very important distinction between Soros and the Kochs – motive is discernibly different. I cannot identify how any of George Soros’ donations promote,  protect, or add to, his personal wealth. Something that absolutely cannot be said about the Kochs. I can’t find, even in Free Republic’s incomplete Soros list, any evidence of self-interest.

Between 1979 and 2011, Soros gave away over $8 billion to human rights, public health, and education causes. He played a significant role in the peaceful transition from communism to capitalism in Hungary (1984–89),[7] and provided Europe’s largest-ever higher education endowment to Central European University in Budapest.[9] Soros is also the chairman of the Open Society Institute.

Soros seems to be putting hiis money behind voting rights, free speech (the real kind), democracy, human rights, open societies,  . . . where’s the connection to a friendlier environment for him to increase his wealth?

Evangelicals aren’t the only ones who are down with Israel at war

When you have $22 billion, giving ten million to a guy to publicly advocate for the cause of your lifetime is cheap, especially if he salutes and does it. Sheldon Adelson got his money’s worth with Newt.

In December, Gingrich proclaimed the Palestinians “an invented people.” Israel’s Haaretz daily reported later that month that Adelson approved of the remarks. And Gingrich has said that one of the first executive orders he would sign if elected president would move the American Embassy to Jerusalem.

That embassy pledge isn’t new in American politics. But Gingrich also said that Isreal’s official capital, Jerusalem, must be defended as such. I’m not certain what that means, but I’ll guess that it’s a call to reject sharing the city, a negotiating point in all peace talks. He simply dismisses the fact that Jerusalem is central and foundational and sacred to all three Abrahmic relligions. (Fine from a private citizen, but reckless from a public politician running for Presdient.)

Adelson is an ardent Zionist who advocates for the U.S. to adopt the most hard line policies on Israel, stuff even Netanyahu rejects – the kinds of positions opposed by large numbers of Israelis, perhaps even a majority. Positions that ignore danger, shut down negotiatios and invite war.

At least, he doesn’t pretend. He puts his money where his mouthpiece is. And there’s plenty more where that ten million came from.

Memories . . . Citizens United: the early days

Was reminded of this bit of history at Hullabaloo today. (It’s from here.) Remember Alan Grayson, the one-term gajillionaire firebrand rabble-rouser Democratic FL Congressman? The one who regularly took to the floor of the House to chew up and spit out the special interests?  The one who caused thousands of lobbyists to develop gastro intestinal disease? Yeah, that one. (video below)

He was one of the first victims of an unrestricted opening of the spigots of corporate money in a congressional race. According to a Politico article late in the campaign in 2010, almost 20% of all of the independent expenditures in House races in the entire country were deployed against Alan. His district was flooded with an unrelenting radio and television smear campaign by the corporations who didn’t appreciate his hard work on behalf of consumers and workers. The average person in Orlando saw 70 negative ads against Grayson– $2 million of which was paid for by the Koch Brothers, $2 million by the health insurance industry and another million from the NRCC. The cash that flowed into the district from the Chamber of Commerce and Rove’s band of cutthroats was a direct response to Alan’s reform efforts on the House Financial Services Committee and because he was the most effective national Democratic spokesperson in Congress. The DCCC, of course, offered him no help whatsoever in defending his seat. [Dems didn’t want to fool with the banksters either – who would have financed their campaigns?)

Newt keeps a straight face. Lessons from Mrs. G the Third?

Gingrich’s characterization of his activities at his own lobbying firm is simply breathtaking. The media should be on the floor and laughing out loud at this one.

Just saw this at The Washington Examiner (new conservative paper in DC, headed by Micahel Barone and Byron York). Good for them. They took a look, stepped back and took another look, and then headlined their story:

Newt Gingrich was a lobbyist, plain and simple.

. . . we know he was paid consultant for drug makers. That’s the first criterion for being a drug lobbyist.

Here’s the second criterion: While some consultants simply provide strategy or advice, Gingrich directly contacted lawmakers in an effort to win their votes.

Three former Republican congressional staffers told me that Gingrich was calling around Capitol Hill and visiting Republican congressmen in 2003 in an effort to convince conservatives to support a bill expanding Medicare to include prescription-drug subsidies. Conservatives were understandably wary about expanding a Lyndon Johnson-created entitlement that had historically blown way past official budget estimates. Drug makers, on the other hand, were positively giddy about securing a new pipeline of government cash to pad their already breathtaking profit margins.

One former House staffer told me of a 2003 meeting Continue reading

“$$$$$$$$” they said. And that was that.

There’s an interesting comment thread going on at The Erstwhile Conservative that has moved into a discussion of how tribal we are and what are the possibilities for electoral reform to fix our broken government.

Jim Wheeler and I were chatting about things like redistricting . I’d just said that I was not hopeful we’d ever be able to repair what’s broken in our government. And this came out:

Ironically though, I think it’s the venerable First Amendment that will ultimately stand in the way, and render us helpless against the poisonous effect of corporate money and obscene levels of lobbying. That’s one of the reasons I’m not hopeful.

I think that’s true – that sacred instrument that has protected our speech for nearly 250 years is finally the weapon being used to destroy our institutions and ultimately our government. Whatever is left once they finish the dirty job, it’s not likely to include a right to free speech.

They haz met the enemy, and they iz them

Lookee here.

Members of Congress had a collective net worth of more than $2 billion in 2010, a nearly 25 percent increase over the 2008 total, according to a Roll Call analysis of Members’ financial disclosure forms

Why Occupy Wall Street? Here’s why.

The surprise $5.00 debit card fee banks recently imposed on their customers is going away.  Bank of American, Sun Trust, JP Morgan Chase and others are now trying to tiptoe off the front pages.

We have listened to our customers very closely over the last few weeks and recognize their concern with our proposed debit usage fee,” David Darnell, the bank’s co-chief operating officer, said in a statement.

JPMorgan Chase & Co and Wells Fargo & Co last week decided to cancel test programs, while SunTrust Banks Inc and Regions Financial Corp said on Monday they would end monthly charges and reimburse customers.

For most Americans, the fee was a step too far from those ‘job creators’ who earlier wallowed in ugly, amoral behaviors screwing not just us but each other, and sent us into a four year trailspin of a recession that could take as long as a decade to repair.

This time, I think those ‘bankers’ peeked out their windows and were a bit frightened by what they saw.  So I’ll call this a victory for Occupy Wall Streeters around the nation and around the world.

Thomas Friedman (forever the inspiration for the wartime Friedman Unit, or the F.U. for short), reminds us this week about one Citigroup transgression for which they’ve just been fined $285million (chump change these days), a transgression emblematic of the duplicitous and amoral behavior that hurt us all so badly.

. . .  with one hand, Citibank sold a package of toxic mortgage-backed securities to unsuspecting customers — securities that it knew were likely to go bust — and, with the other hand, shorted the same securities — that is, bet millions of dollars that they would go bust.     

According to the SEC complaint:

. . . Citigroup exercised “significant influence” over choosing which $500 million of the $1 billion worth of assets in the deal, and the global bank deliberately chose collateralized debt obligations, or C.D.O.’s, built from mortgage loans almost sure to fail. According to The Wall Street Journal, the S.E.C. complaint quoted one unnamed C.D.O. trader outside Citigroup as describing the portfolio as resembling something your dog leaves on your neighbor’s lawn. “The deal became largely worthless within months of its creation,” The Journal added. “As a result, about 15 hedge funds, investment managers and other firms that invested in the deal lost hundreds of millions of dollars, while Citigroup made $160 million in fees and trading profits.”

For decades we’ve let them indulge in the worst form of crony capitalism without the rule of law that should govern such institutions. Unbridled greed took hold. And it’s been destroying capitalism. It is anti-capitalist.

Friedman goes on:

. . . .what happened to us? Our financial industry has grown so large and rich it has corrupted our real institutions through political donations. As Senator Richard Durbin. . .  bluntly said in a 2009 radio interview, despite having caused this crisis, these same financial firms “are still the most powerful lobby on Capitol Hill. And they, frankly, own the place.”       

Our Congress today is a forum for legalized bribery. One consumer group using information from Opensecrets.org calculates that the financial services industry spent $2.3 billion on federal campaign contributions from 1990 to 2010, which was more than the health care, energy, defense, agriculture and transportation industries combined.

We can’t afford this any longer.

Indeed we cannot. We now stand witness to the destruction of what it took us 250 years to build.

I don’t see anyone with power stepping up, leaving it up to the people.  And, no matter the tired 1960’s stereotypes the right is so enthralled with, that is why we have Occupy Wall Street.

I hope SCOTUS can see this from the office windows

From Bartcop:

This is killing us

A C-SPAN guest this morning noted, in a “in other news, the sun came up this morning” tone, that “the President’s fundraising this quarter is expected to be down; he had to miss ten fundraisers last month because of the debt ceiling talks”.  Ten fundraisers?? So how many are scheduled for August guys? Twenty? How about thirty?  August has thirty one days, so that way he could spend a day at the desk.

During which days by the way, our Congress will be doing the same thing.

Maybe we should go show the Supreme Court what it looks like when real ‘citizens’ are ‘united’.

All hail the United Corporations of America

While congress refines its performance art and the media take to their fainting couches, the overlords of our brave new world share a smug smile and head out to their summer houses. Their work is done. For now.

Man up, grow a spine

POSTED BY ORHAN

Today Glenn Greenwald explained why Obama continually folds on tax cuts to the rich and cuts in social services  — it’s not because the President and his advisers are weak, incompetent negotiators unable to stand up to crafty, intransigent Republicans — things turn out the way they do because Obama and the Democrats, with few exceptions, want them to turn out that way:

Conventional D.C. wisdom — that which Obama vowed to subvert but has done as much as any President to bolster — has held for decades that Democratic Presidents succeed politically by being as “centrist” or even as conservative as possible. That attracts independents, diffuses GOP enthusiasm, casts the President as a triangulating conciliator, and generates raves from the DC press corps — all while keeping more than enough Democrats and progressives in line through a combination of anti-GOP fear-mongering and partisan loyalty.

Isn’t that exactly the winning combination that will maximize the President’s re-election chances? Just consider the polling data on last week’s budget cuts, which most liberal commentators scorned. Americans support the “compromise” by a margin of 58-38%; that support includes a majority of independents, substantial GOP factions, and 2/3 of Democrats.

And yes, the President “got tough” in today’s budget speech and swore he wouldn’t cave in to the Republicans: “we do not have to sacrifice the America we believe in. And as long as I’m President, we won’t.”

We’ll see.

Feeding kids doesn’t bring in those campaign contributions

Here’s a concise expression of our misplaced governmental priorities. We need to ask, as Orhan did in a comment thread, what’s a country for anyway?

From a recent Robert Greenwald column:

“the entire alleged shortfall in Wisconsin could be covered by bringing just 180 troops home from Afghanistan.” How about that.

While we’re at it, let’s note that today is the 161st day of the tenth year of the war in Afghanistan.

Who needs citizens when we have Citizens’ United

Eric Cantor (R-Va) has a cool idea

I must admit I never saw this coming. But then why not? We might as well go the rest of the way in corporatizing our government, er,  I meant our elections.

House GOP moves to end public financing of campaigns

” . . .  the House will vote next week on legislation that would end public financing of presidential campaigns and national party conventions.

The program, which Congress enacted during the aftermath of Watergate, is funded via voluntary $3 contributions when taxpayers file their annual federal income taxes. . . . Eliminating the program all together would save taxpayers $520 million over ten years.” (oooohhhh, $52million a year! )

In the understatement of the year, the story concludes:

It’s unclear how eliminating the program will actually make a dent in the federal deficit, since taxpayers voluntarily contribute cash to the effort.”

 

Tom’s double trouble

DeLay Blames Liberal Jury For Conviction

I remember when he claimed he was being targeted by a liberal prosecutor for political reasons.  (Video at the link.)

Maybe he’d have gotten a better shake beyond our shores – like in the Marianas Islands, where he is much beloved.

Creep.

About time: Delay officially a felon

Tom Delay is headed for the big house. His sins were many but they got him on fraud, specifically because he “conspired to launder $190,000 of corporate money into campaign donations during the 2002 election by funneling it through the Republican National Committee. Texas law forbids corporate donations to candidates.”

During the Jack Abramoff scandals, we all learned the shameful details of Mr. Delay’s political life. His worst sin was cruelty; aiding and abetting slave labor in the Mariana Islands on behalf of campaign contributors.  He’s scum.

Dave at The Conservative Lie gives us the definitive history of this man’s sordid history.

From the post:

“DeLay himself was the recipient of several “free” trips paid for by the notorious lobbyist. One such trip was to the US territory of the Northern Mariana Islands.  DeLay and his family enjoyed some golf and some diving, while immigrant workers, predominately from Asia, slaved away in squalid conditions on the island to make clothes bearing the “Made in USA” label for companies like Gap and Liz Claiborne for about half of US minimum wage.  Workers there enjoy living behind barbed wire in shacks without running water, 12 hour work days 7 days a week and forced abortions.   After the trip, the Hammerdeclared the working conditions in the Marianas “A shining light for what is happening to the Republican Party,” and “everything that is good about what we are trying to do in America and leading the world in the free-market system . . .

Time for the silly season again. Clap your hands!

The MSM is once again embracing Christine O’Donnell as a news story because she, once again, is being investigated  for misuse of campaign funds. It’s a pretty old story; this is just a new chapter. But now – as if she were a remotely serious person about whom Americans should care one whit – here she is, back on all the morning teevee shows smiling and being sweet and saying that the Vice President of the United States and George Soros are out to get her.  I am not clear as to the reason – perhaps they think she’s too cute or something.

The woman has run for the Senate three times and doesn’t know the rules. The woman is just out having fun and doesn’t care about the rules and when Good Morning America calls, it’s like they’re asking her out and buying her an ice cream soda.