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Paul Merrell

Financiers linked to George Soros donate to Kasich campaign - RT USA - 0 views

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Auction 2016 Kasich Soros donations

shared by Paul Merrell on 14 Feb 16 - No Cached
  • Fresh off a second-place primary finish in New Hampshire, Republican presidential candidate John Kasich has come under more scrutiny, particularly for donations to his PAC New Day for America made by two fund managers who made billions for George Soros. Scott Bessent and Stanley Druckenmiller contributed $588,375 to the Ohio governor’s “soft money” fund, according to Federal Election Commission records.Druckenmiller donated a total of $103,375 to Jeb Bush’s Super PAC Right to Rise and $100,000 to America Leads, a PAC supporting New Jersey Governor Chris Christie, who dropped out of the race after a poor showing in Tuesday’s primary.Bessent was Soros’s chief investment manager until December of last year, while Stanley Druckenmiller manages a $4.5 billion hedge fund in which $2 billion of Soros’ money is invested.
  • Druckenmiller was lead fund manager for Soros from 1998 to 2000, and together they “broke” the Bank of England in 1992 when Soros dumped £10 billion, leading to the currency’s devaluation and $1 billion in profit for him.Ohio Governor John Kasich came in second in the New Hampshire primary with 15.8 percent of the vote, edging out Ted Cruz with 11.7, but falling well-behind Donald Trump’s 35.3.Kasich spent 18 years in Congress before becoming a managing director for Lehman Brothers from 2001 until their collapse in 2008. He also hosted a program for the Fox News Channel.These donations have been getting a lot of attention because Soros is usually known for his support of Democratic candidates and progressive causes.
Paul Merrell

Weak Federal Powers Could Limit Trump's Climate-Policy Rollback - The New York Times - 0 views

www.nytimes.com/...nald-trump-global-warming.html

climate-change renewable-energy Trump

shared by Paul Merrell on 05 Jan 17 - No Cached
  • With Donald J. Trump about to take control of the White House, it would seem a dark time for the renewable energy industry. After all, Mr. Trump has mocked the science of global warming as a Chinese hoax, threatened to kill a global deal on climate change and promised to restore the coal industry to its former glory.
  • We do not know for sure that the New York wind farm will get built, but we do know this: The energy transition is real, and Mr. Trump is not going to stop it. Advertisement Continue reading the main story On a global scale, more than half the investment in new electricity generation is going into renewable energy. That is more than $300 billion a year, a sign of how powerful the momentum has become.Wind power is booming in the United States, with the industry adding manufacturing jobs in the reddest states. When Mr. Trump’s appointees examine the facts, they will learn that wind-farm technician is projected to be the fastest-growing occupation in America over the next decade.The election of Mr. Trump left climate activists and environmental groups in despair. They had pinned their hopes on a Hillary Clinton victory and a continuation of President Obama’s strong push to tackle global warming.
  • Now, of course, everything is in flux. In the worst case, with a sufficiently pliant Congress, Mr. Trump could roll back a decade of progress on climate change. Barring some miraculous conversion on Mr. Trump’s part, his election cannot be interpreted as anything but bad news for the climate agenda.Yet despair might be an overreaction.For starters, when Mr. Trump gets to the White House, he will find that the federal government actually has relatively little control over American energy policy, and particularly over electricity generation. The coal industry has been ravaged in part by cheap natural gas, which is abundant because of technological changes in the way it is produced, and there is no lever in the Oval Office that Mr. Trump can pull to reverse that.The intrinsically weak federal role was a source of frustration for Mr. Obama and his aides, but now it will work to the benefit of environmental advocates. They have already persuaded more than half the states to adopt mandates on renewable energy. Efforts to roll those back have largely failed, with the latest development coming only last week, when Gov. John Kasich of Ohio, a Republican, vetoed a rollback bill.
Paul Merrell

Time for GOP panic? Establishment worried Carson or Trump might win. - The Washington Post - 0 views

www.washingtonpost.com/...5-be8b-1ae2e4f50f76_story.html

Auction 2016 Trump Carson Republican-establishment

shared by Paul Merrell on 14 Nov 15 - No Cached
  • Less than three months before the kickoff Iowa caucuses, there is growing anxiety bordering on panic among Republican elites about the dominance and durability of Donald Trump and Ben Carson and widespread bewilderment over how to defeat them. Party leaders and donors fear that nominating either man would have negative ramifications for the GOP ticket up and down the ballot, virtually ensuring a Hillary Rodham Clinton presidency and increasing the odds that the Senate falls into Democratic hands. The party establishment is paralyzed. Big money is still on the sidelines. No consensus alternative to the outsiders has emerged from the pack of governors and senators running, and there is disagreement about how to prosecute the case against them. Recent focus groups of Trump supporters in Iowa and New Hampshire commissioned by rival campaigns revealed no silver bullet.
  • According to other Republicans, some in the party establishment are so desperate to change the dynamic that they are talking anew about drafting Romney — despite his insistence that he will not run again. Friends have mapped out a strategy for a late entry to pick up delegates and vie for the nomination in a convention fight, according to the Republicans who were briefed on the talks, though Romney has shown no indication of reviving his interest.
  • South Carolina Gov. Nikki Haley, herself an outsider who rode the tea party wave into office five years ago, explained the phenomenon. “You have a lot of people who were told that if we got a majority in the House and a majority in the Senate, then life was gonna be great,” she said in an interview Thursday. “What you’re seeing is that people are angry. Where’s the change? Why aren’t there bills on the president’s desk every day for him to veto? They’re saying, ‘Look, what you said would happen didn’t happen, so we’re going to go with anyone who hasn’t been elected.’ ”
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  • There are similar concerns about Sen. Ted Cruz of Texas, who is gaining steam and is loathed by party elites, but they are more muted, at least for now.
  • Still, the party establishment’s greatest weapon — big money — is partly on the shelf. Kenneth G. Langone, a founder of Home Depot and a billionaire supporter of New Jersey Gov. Chris Christie, said he is troubled that many associates in the New York financial community have so far refused to invest in a campaign due to the race’s volatility.
  • “Some of them are in, but too many are still saying, ‘I’ll wait to see how this all breaks,’ ” Langone said. “People don’t want to write checks unless they think the candidate has a chance of winning.” He said that his job as a ­mega-donor “is to figure out how we get people on the edge of their chairs so they start to give money.” Many of Romney’s 2012 National Finance Committee members have sat out the race so far,
  • The apprehension among some party elites goes beyond electability, according to one Republican strategist who spoke on the condition of anonymity to talk candidly about the worries. “We’re potentially careening down this road of nominating somebody who frankly isn’t fit to be president in terms of the basic ability and temperament to do the job,” this strategist said. “It’s not just that it could be somebody Hillary could destroy electorally, but what if Hillary hits a banana peel and this person becomes president?” Angst about Trump intensified this week after he made two comments that could prove damaging in a general election. First, he explained his opposition to raising the minimum wage by saying “wages are too high.” Second, he said he would create a federal “deportation force” to remove the more than 11 million immigrants living in the United States illegally. “To have a leading candidate propose a new federal police force that is going to flush out illegal immigrants across the nation? That’s very disturbing and concerning to me about where that leads Republicans,” said Dick Wadhams, a former GOP chairman in Colorado, a swing state where Republicans are trying to pick up a Senate seat next year.
  • Said Austin Barbour, a veteran operative and fundraiser now advising former Florida governor Jeb Bush: “If we don’t have the right [nominee], we could lose the Senate, and we could face losses in the House. Those are very, very real concerns. If we’re not careful and we nominate Trump, we’re looking at a race like Barry Goldwater in 1964 or George McGovern in 1972, getting beat up across the board because of our nominee.” George Voinovich, a retired career politician who rose from county auditor to mayor of Cleveland to governor of Ohio to U.S. senator, said this cycle has been vexing. “This business has turned into show business,” said Voinovich, who is backing Ohio Gov. John Kasich. “We can’t afford to have somebody sitting in the White House who doesn’t have governing experience and the gravitas to move this country ahead.”
Paul Merrell

Support for Palestinians triples among US youth, survey finds | The Electronic Intifada - 0 views

electronicintifada.net/...es-among-us-youth-survey-finds

war & peace U.S.-foreign-policy Israel Palestine polls

shared by Paul Merrell on 08 Oct 16 - No Cached
  • But dig deeper into the findings and it is apparent that Israel’s support is eroding in key sectors of the US population. Virtually all of the increase in sympathy for Palestinians “has come among Democrats, especially liberal Democrats,” Pew states.
  • The number of liberal Democrats sympathizing more with the Palestinians has nearly doubled over the past two years, from 21 to 40 percent. And within the Democratic Party, it is clear that Hillary Clinton is the candidate of the more pro-Israel wing: 47 percent of her supporters say they sympathize with Israel more, while 27 percent lean toward the Palestinians. Among the supporters of Vermont Senator Bernie Sanders, however, a plurality – 39 percent – are more favorable to the Palestinians, while just a third stand with Israel.
  • Clinton’s backers are clearly more pro-Israel, but it is still remarkable to note that this group is under 50 percent – an indication of how much opinions about Palestine and the Israeli question are shifting within the support base of the Democratic Party. The Pew survey confirms the extent to which Israel has become a partisan issue. Overall, just 43 percent of Democrats are more sympathetic to Israel, while 29 percent back the Palestinians. In contrast to the Democrats, “overwhelming shares of [Republican] voters side with Israel, regardless of which candidate they support,” Pew states. Republican support for Israel – at around 75 percent – varied little among supporters of former presidential candidates Texas Senator Ted Cruz and Ohio Governor John Kasich compared with those of presumptive nominee Donald Trump. Just seven percent of Republicans were more favorable to the Palestinians. “We’ve been tracking this question since the 1970s and this gap is relatively new, of Republicans being more sympathetic to Israel than Democrats,” Carroll Doherty, Pew’s director of research, told NPR’s Morning Edition on Thurdsay. “The gap is now as wide as we’ve ever seen it – it’s almost 35 percentage points.”
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  • The findings also confirm that support for the Palestinians is rising fastest among the young – the so-called Millennials born after 1980. “Currently, 43 percent of Millennials report sympathizing more with Israel, while 27 percent are more sympathetic to the Palestinians,” Pew states. “The share sympathizing with the Palestinians has risen significantly in recent years, from nine percent in 2006 to 20 percent in July 2014 to 27 percent today” – in other words it has tripled.
  • These findings bode well for supporters of Palestinian rights. Hillary Clinton, the Democratic frontrunner for her party’s presidential nomination, has adopted some of the most extreme anti-Palestinian rhetoric heard in recent years. This may work well with her generally older supporters, with pro-Israel billionaires who bankroll her campaign, as well as with Republican voters she will be hoping to lure if she faces Trump in the general election, but the numbers show she’s more out of step than ever with her own party’s base. Her repeated denunciations of BDS – boycott, divestment and sanctions – are likely to alienate even more of the younger generation who believe that fighting for social justice everywhere includes Palestine. Whatever happens in the 2016 presidential election, the United States has never been more fertile ground to build support for Palestinian rights.
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