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Paul Merrell

Hacked Emails Prove Coordination Between Clinton Campaign and Super PACs - 0 views

  • The fact that political candidates are closely coordinating with friendly Super PACs — making a mockery of a central tenet of the Supreme Court’s 2010 Citizens United decision — is one of the biggest open secrets in Washington. Super PACs are only allowed to accept unlimited contributions on the condition that the money is spent independently of specific campaigns. The Federal Election Commission hasn’t reacted for a variety of reasons, including a lack of hard evidence, vague rules, and a partisan divide among the commissioners so bitter they can’t even agree to investigate obvious crimes. But newly disclosed hacked campaign documents published by WikiLeaks and a hacker who calls himself Guccifer 2.0 reveal in stark terms how Hillary Clinton’s staffers made Super PACs an integral part of her presidential campaign.
  • The emails show consistent, repeated efforts by the Clinton campaign to collaborate with Super PACs on strategy, research, attacks on political adversaries and fundraising. The cache also reveal meetings between the campaign and Priorities USA Action, and that campaign officials have helped with the group’s fundraising. The files were apparently hacked from a variety of Clinton staffers and have been posted online in recent weeks by Wikileaks and Guccifer 2.0. Obama administration intelligence officials have alleged, without providing evidence, that the email hacks were conducted on behalf of the Russian government in an attempt to disrupt the U.S. elections.
  • Super PACs, known technically as “Independent Expenditure-Only Political Committees,” are a direct result of the Citizens United court decision. Justice Anthony Kennedy, the author of the decision, proclaimed that deregulating outside money would have no corrupting effect upon candidates because there would be strict firewalls between candidates and outside groups
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  • Correct the Record has long argued it could work directly with the Clinton campaign. When the group launched, it said it would only produce and distribute communications online, and that its work would therefore be exempt from FEC coordination rules. The Super PAC was recently the subject of a complaint filed with the Federal Elections Commission by the Campaign Legal Center, which called on regulators to investigate whether Clinton’s campaign has illegally coordinated with the group. The Campaign Legal Center, a nonpartisan watchdog organization, has also alleged that officials working for Donald Trump have similarly blurred the line between the campaign and one of its largest Super PACs, Make America Number 1, by employing common vendors. The Campaign Legal Center argued that Correct the Record has likely made “coordinated expenditures” that could be considered in-kind contributions to the Clinton campaign — such as its spending on “opposition research, message development, surrogate training, reporter pitches, media booking, video production, ‘rapid response’ press outreach, and other ‘earned media.’” “These documents affirm what we’ve been saying all along about Correct the Record,” said Brendan Fischer, an associate counsel at the Campaign Legal Center. “They are basically operating as an arm of the Clinton campaign.”
  • While Correct the Record has argued it is exempt from FEC rules, Clinton herself has said she does not work with Priorities USA Action. That Super PAC has spent millions of dollars on independent expenditures, including six-figure media advertising buys, to boost Clinton’s candidacy. The group has raised over $133 million through individual donations as large as $6 million. As other media outlets have reported, Marc Elias, the Clinton campaign attorney, provided a memo with guidance on how the campaign could solicit funds for Priorities USA Action. The memo notes that campaign staffers would have to use certain language when trying to raise money for the Super PAC:
  • Elias’s law firm, Perkins Coie LLP, has provided legal services to the Clinton campaign, Correct the Record and Priorities USA Action, making it a central node in the campaign infrastructure.
Paul Merrell

KING: Hillary Clinton now paying trolls to attack people online - NY Daily News - 0 views

  • Many moons ago, David Brock, now the head of a Hillary Clinton Super PAC, used every resource available to ruin the life of Anita Hill and anyone who supported her. He would lie, cheat, and blatantly misrepresent facts if it meant getting Clarence Thomas through the Supreme Court nomination process. Brock openly admitted it. Now, it appears Brock, who is no doubt great at what he does, is using his same old tools, but for a new cause in a new technological era.
  • As head of the Correct The Record Super PAC for Hillary Clinton, David Brock has launched something called Barrier Breakers — an online mob of paid trolls designed to attack any and every person who says one cross word about Hillary Clinton on Facebook, Twitter, Instagram, Reddit, or elsewhere.
  • This isn't a conspiracy theory. They openly spin their strategy on the Correct The Record website and state that they are putting over $1 million behind their efforts. As you likely know, Super PACs are allowed to raise and spend unlimited money on these types of efforts. What's ugly is that we have no idea who these paid operatives are online. According to Correct The Record, many will be former reporters, PR executives, bloggers, and others. We have no idea if they truly say what they mean or mean what they say. Are they even using their actual identities? The Sanders campaign openly stated that they have never paid for any online comments. All of this comes after the revelation from POLITICO that "NBCUniversal, News Corporation, Turner Broadcasting and Thomson Reuters are among more than a dozen media organizations that have made charitable contributions to the Clinton Foundation in recent years, the foundation's records show. The donations range from the low-thousands to the millions."
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  • All of this, of course, muddies the waters to the point of us not being quite clear who's a crony, who's a donor, or who's a staffer for the Clinton campaign. So much money is exchanging hands that it is impossible to tell who's been bought and sold. All of this speaks to the horrendous role Super PACs and big money play in our political system. It's a real mess.
Gary Edwards

The Purchase Of Our Republic | Zero Hedge - 0 views

  • The massive consolidation of wealth, combined with the removal of any limits on money in campaigns, has allowed for the purchase of our government. Today I am publishing a comprehensive and important guest essay, The Purchase of Our Republic, by longtime correspondent Y. Falkson.
  • Americans know that something is wrong, deeply wrong. They see signs of the problem everywhere: income inequality, growing concentration and power of mega corporations, political donations/corruption, the absence of jobs with decent salaries, the explosion of the US prison population, healthcare costs, student loan debt, homelessness, etc. etc.  However, the true causes and benefactors behind these problems are purposely hidden from view. What Americans see is Kabuki Theater of a functioning form of capitalism and democracy, but beyond this veneer our country has devolved into the exact opposite. Those who benefit from this crony capitalist state go to extreme lengths to paper over the reality and convince Americans that the system works, the American Dream is still a reality and that American democracy is in fact democratic. Below I hope to begin to outline some of the underlying dynamics and trends that have evolved in recent decades and led us so far from what we once were. As fun as it would be, the answer is not some evil conspiracy by the Illuminati, but rather the unfortunate result of three long term and mutually reinforcing components that have been attacking the fundamental roots of the structure of our Republic. The first is the increased concentr
  • ation of corporate and private wealth. Both of which are quickly yelled down in the media as anti-free market and class war hysteria. The second is the use of this wealth to capture all three branches of government in order to ensure the continued extraction of capital from the many and to the few.The rich might have climbed the ladder because they earned it, but they have then purchased government to pull up the ladder behind them. The consequence of the first two components is a democracy in name only that represents the very few.
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  • 1. Faux Capitalism = Wealth Consolidation / Income Inequality
  • While there is no true beginning to the story, we can start with the incredible build up and concentration of wealth among corporations in recent decades. The USA now boasts a cartel-like set of corporate titans in almost every industry. It goes beyond, but certainly includes, our Too Biggerer To Fail banks, merged from what was 37 banks in 1995 into a Frankenstein’s monster like 5 (Citigroup, JP Morgan-Chase, Bank of America, Wells Fargo and Goldman Sachs). In agriculture, Monsanto alone controls over 85% of all corn and soy bean crops, four companies control 83% of the beef market, 66% of the hog market and 58% of the chicken market. So while shopping at the grocery store might appear to be the manifestation of capitalism at its finest, it doesn’t take much digging to look behind the curtain to see how little competition truly exists.
  • When the average American goes to pick up some groceries, they are shopping at Walmart and buying something from P&G that is mostly made of Monsanto corn. Is that true choice? The same story plays out with our news and media (and other industries) where we have gone from 50 companies in 1983 to the big 6 which control over 90% of all media. Is choosing to watch one of 30 news channels, all of which are owned by News Corp (Rupert Murdoch) a real choice? This is not capitalism and they are not competing, not in the true sense of the word. Along with this consolidation of corporations in recent decades, their senior leaders have taken up a larger and larger piece of the pie at the expense of their employees. In particular, the ratio of CEO-to-worker pay has increased 1,000 percent since 1950. Unsurprisingly, Walmart is both the largest employer in the country and the worst CEO pay offender with a ratio of over 1000:1. This is at a time where worker productivity has increased significantly, something that historically correlated with increased pay. But no more. It’s a new twist on the old Soviet saying “we pretend to work and they pretend to pay us”, but now it’s closer to “we do all of the work and they pretend to pay us”.
  • Private Wealth: As a consequence of the royal tribute we pay to the C-suite class these days, we have likely surpassed the pre-Depression Roaring Twenties in terms of inequality.
  • This, amazingly, has only accelerated since the crisis in 2008 in thanks to bailouts, Quantitative Easing and other gifts from Congress and the Fed. The wealthy 1% and in particular the .01% have now grown their fortunes to levels that tax comprehension and even their ability to spend it (the decisions by a few billionaires such as Bill Gates to essentially donate his fortune is a tacit acknowledgement that our current system over provides wealth to a select few).
  • So what is an incredibly wealthy capitalist CEO of a mega-corporation do once they control their industry and have essentially limitless wealth? Well in a competitive market, the only way to go from the top is down and the only thing that can make that happen is competition. Consequently, competition must be avoided whenever possible.
  • To squash or prevent competition, the oligopolies and oligarchs target their resources on the one place that can make competition illegal, our government.Something to keep in mind the next time you see a corporate billionaire grandstanding about the importance of “Free Markets” when their strategy is quite the opposite. As this capture of the government has taken place we have essentially shifted from capitalism and to crony capitalism. So we now have industries that have mastered the art of faking capitalism by turning our government into one that fakes democracy. This government takeover took time, but the purchase of all 3 branches of government has almost been completed by 2014. You don’t have to take my word for it, luckily that has now been empirically proven in an analysis of over 20 years of government policy where the clear conclusion was that policy makers respond solely to those in the top 90th percentile and essentially ignore the large majority of Americans.
  • 2. Wealthy Purchase of Government Institutions / Elections
  • Purchase of the Executive Branch:
  • Let’s take a step back and take a glimpse at how the government was purchased, beginning with the executive branch. In 1980, Reagan’s election cost less than $300 million. When Bush beat Kerry in 2004, it cost almost 3x times as much, almost $900 Million. 4 years later, the 2008 election cost a record $1.3 Billion. It was in this election where Obama hammered the final nail in the coffin for government funded for elections. Obama, more so than any other candidate in recent decades had the widespread support of millions of small donors, but in the end I guess it wasn’t enough. So when Obama “leaned to the green”, it forever set the precedent that you can’t win without the backing of our nation’s oligarchs. Consequently, the money has only gushed in since as the cost of Obama’s reelection in 2012 skyrocketed to an unfathomable $7 billion. Needless to say this is slightly above the rate of inflation. Our Presidents are now preselected exclusively by a tiny fraction of Americans can have the money to fund what has become necessary for a legitimate run. Summary: Candidates spend years courting the super-rich to build up a multi-billion dollar war chest. Only those who succeed can actually run a campaign that an average American will be aware of. Then Americans get to choose one of the pre-selected “candidates”. No wonder voter turnout is so low… Executive branch, check!
  • – Note that media corporations benefit doubly as they can use their cash to fund elections, but are also the beneficiary of all that money as it is used for campaign spending.
  • Purchase of the Legislative Branch:
  • The process has progressed similarly in Congress. In 1978, outside groups spent $303,000 on congressional races. In 2012 that was up to $457,000,000. That is over 1,500 times the level in 1978. It would be funny, if it was so blatant and terrifying. By many accounts, our “leaders” in Congress spend 50% or more of their time working the phones or fundraisers rather than trying (and failing) to actually do the “people’s business”. Let’s also take a minute to appreciate the hypocrisy of anyone that pretends that the money doesn’t influence our government. Businesses do not give to politicians for charity. This is a payment for services that has proven exceedingly reliable and profitable. The ROI for money invested in purchasing Congressman is what CEO dreams are made of. No wonder the incentive is to invest in Congress rather than R&D or marketing. There are very few places in the world or times in history where you can find ROI’s in the thousands, or even the tens of thousands.
  • Review: Congressmen beg for money to get elected, make sure to vote the way your benefactors would like, consequently get more money to get elected again. If at any point they do lose or quit, they take the big payday to work for those who have been paying them all along. Legislative Branch, Check!
  • In addition, increasingly those who work on Congress (and regulators) were previously employed by these large corporations or expect to work there later. A recent example is Chris Dodd who left the Senate the head lobbyist for Hollywood at the MPAA, the guys behind SOPA and PIPA, but there are many many others.
  • Judicial Branch Endorsement of the Purchase of Government:
  • Last but not least, we have the enabling Judicial Branch. It only took a few purchased presidents to ensure the appointment of a majority of “free market” and “pro-business” judges. For instance, and disgracefully, Clarence Thomas was once legal counsel for Monsanto, but has not once recused himself from any cases involving Monsanto and always votes in their favor. These radicals have now fully endorsed and enabled the influx of money used to purchase the other branches. Specifically, 2 major decisions have completely opened the floodgates, Citizens United and McCutcheon. The first allowed unlimited contributions of corporate money into elections and brought us the notorious declaration that “corporations are people” and that “money is free speech”. This was more recently followed up with the private wealth equivalent in McCutcheon. In this ruling, Supreme Court Chief Justice John Roberts said as part of his majority opinion (presumably with a straight face) “… nor does the possibility that an individual who spends large sums may garner influence over or access to elected officials or political parties”. And with this, the Supreme Court has fully endorsed both major sources of immense wealth to purchase our elections and consequently our government. Review: The rich fund Presidential elections, Presidents nominate “business-friendly” judges and then the bought Congress approves their nominations. New judge then votes to ensure even more money is allowed to purchase elections. Judicial Branch, CHECK!
  • 3. A Faux Republic Dependent Upon the Funders and Not the Voters
  • The Founder’s Hope and the Sad Reality:
  • Acknowledging where we are as a country, it is often helpful to look to where we started for some perspective. Unsurprisingly, this type of problem was not overlooked back in the 18th century. In 1776, James Madison stated that his goal was to design a republic in which “powerful interest groups would be rendered incapable of subdoing the general will”. Madison hoped, perhaps naively, that factions would be thwarted by competing with other factions. Sadly, we are now in a time where factions (aka wealthy special interests) subdue the will of the people and ensure the government responds to them alone on those issues where they have a “special interest” and consequently asymmetric stakes in the game (Charles Hugh Smith). As a result, these groups essentially collude to allocate their resources to their own issues, but do not “thwart” or compete with other factions as they do the same. It’s a pretty great system, as long as you’re one of the wealthy few who can use their money to drown out the poor and voiceless many. And just like that, what was once a Republic has become a corrupt shell of its past self. All the signs are still there; votes, elections, campaigns, branches of government, etc., but behind the scenes the only ones represented are those who can afford to be heard.
  • Summary: This massive consolidation of wealth, combined with the removal of any limits on money in campaigns, has allowed for the purchase of our government, or as Dick Durban once stated, “frankly they [the banks in this case] own the place”. If money = free speech, then those with all the money, have all the free speech.
  • What Might Help? Now that I have likely and thoroughly depressed the reader, let’s bounce around some ideas for what can be done. As stated in the beginning, this is not an unknown problem and many people are promoting a number of ways to fix or at least ameliorate the problem. I will briefly describe just a few which I think provide some direction any of us could easily implement or support.
  • Change the Rules: Laurence Lessig of Harvard Law has put forward a visionary proposal for re-writing the way that campaigns are financed in his book, Republic, Lost: How Money Corrupts Congress--and a Plan to Stop It. Put simply, he would like to empower every voter with a stipend, say $150 per election to give to whatever candidate or candidates they prefer. If you would like to accept this money, you would need to forgo any other contributions or support (one would hope including the indirect PAC kind). This would actually provide even more money than is used in current elections, but would effectively democratize the funding process. While there would still be a “funding election” that takes place before the actual election, the funding would not be unequally provided. Lessig’s work has only begun, as this sort of bill or likely constitutional reform is nearly impossible to achieve, but he has undertaken and I assume will continue to implement many brave and creative ways of bringing about the change all American’s should support. Most recently he has suggested we begin to fund, ironically enough, a Super PAC to end all Super PACs. It would be funded with the solitary goal of changing how money impacts our elections. Please support them here: www.mayone.us/
  • Change Our Day-to-Day: At the more micro level, Charles Hugh Smith believes that we will inevitably see our overly centralized and inefficient system erode away as it is replaced by more resilient, local and efficient businesses and societies outside of the current system. With that in mind, he recommends that “all anyone can do is the basic things--lower our energy footprint, stay healthy and avoid unnecessary medications and procedures, support local businesses, organic food growers, etc. In other words, what we can do is support local businesses that are part of the emerging economy rather than support corporate cartels.” Your Vote Does Matter: Do you live in Ohio, Florida or New Hampshire? Probably not. Despite what we are told every 4 years, there are actually states outside of the “swing states”, and even more surprising, the very large majority of Americans live in those states where your “vote doesn’t matter”. New Yorkers an Californians all know their state will turn Blue no matter who the candidates are and either don’t vote at all, or often vote for the Blue team in order to feel like they are on the winning side.
  • The truth is that if you see the election as Red vs. Blue, you vote probably doesn’t matter. But here is the trick, if all the people who think their vote didn’t matter decided to vote for whom they might actually believe in, then their votes just might matter.
  • What if all the growing number of “Independents” (who usually still vote Blue), chose to vote for a third party? What if a third party candidate won a state like New York or California? What if that candidate was one whose primary promise to the voters was to champion a change to the role of money in government (perhaps in line with what Lessig proposes)? Would you vote for such a person?I would argue you should. If California alone (with 55 electoral votes) were to vote for a 3rd party that would likely prevent either Red or Blue candidate from winning the requisite 270 electoral votes.
  • Think about the message that would send to both parties. I would predict that both sides would start to bend over backwards for an endorsement from that 3rd party and they would have to get it by taking up the same primary cause for reforming money in government. Consequently, at the root of our corrupted system which is perpetually ignored as both sides might suddenly become the big issue of the election. Then maybe we might begin to turn things around.
  • Sources: Charles Hugh Smith (oftwominds, Surivival+, etc.), Yves Smith (Naked Capitalism, Econned), Laurence Lessig (Republic Lost, multiple TED Talks), Matt Taibbi (blog at Rolling Stone and now at The Intercept), Zero Hedge, John Robb, Max Keiser, Clay Shirky (Cognitive Surplus), Aldous Huxley (Brave New World, Brave New World Revisited), George Orwell (1984), Michael Lewis, Daniel Kahneman (Thinking Fast and Slow), James Richards (Currency Wars), Han Joon Chang (23 Things They Don’t Tell You About Capitalism) and Joseph Stiglitz (Mismeasuring Our Lives) 
Paul Merrell

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

  • 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.
Gary Edwards

The Top Twelve Reasons Why You Should Hate the Mortgage Settlement « naked ca... - 0 views

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    Must read stuff.  The Obama Foreclosure Settlement Act is a clever exit strategy for criminal Banksters having committed the most egregious fraud.  A $9 Trillion dollar problem, rife with criminal activities, is settled for a mere $25 Billion, much of which will come out of the taxpayers hide thanks to Fannie and Freddie guarantees.  This deal stinks of typical Obama crony banksterism.  Now we need to watch for how many millions the Banksters pour into the newly authorized Obama Super PACS.  Should be interesting. excerpt: As we've said before, this settlement is yet another raw demonstration of who wields power in America, and it isn't you and me. It's bad enough to see these negotiations come to their predictable, sorry outcome. It adds insult to injury to see some try to depict it as a win for long suffering, still abused homeowners. 1. We've now set a price for forgeries and fabricating documents. It's $2000 per loan. This is a rounding error compared to the chain of title problem these systematic practices were designed to circumvent. The cost is also trivial in comparison to the average loan, which is roughly $180k, so the settlement represents about 1% of loan balances. It is less than the price of the title insurance that banks failed to get when they transferred the loans to the trust. It is a fraction of the cost of the legal expenses when foreclosures are challenged. It's a great deal for the banks because no one is at any of the servicers going to jail for forgery and the banks have set the upper bound of the cost of riding roughshod over 300 years of real estate law....... 12. We'll now have to listen to banks and their sycophant defenders declaring victory despite being wrong on the law and the facts. They will proceed to marginalize and write off criticisms of the servicing practices that hurt homeowners and investors and are devastating communities. But the problems will fester and the housing market will continue to suffer. Inv
Gary Edwards

New 'Basketball' ad hits Obama for letting folks down | RedState - 0 views

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    Redstate.com provides a quick introduction to the Crossroads Super Pac political ad titled "Basketball".  A link is provided: http://www.examiner.com/video/crossroads-gps-basketball This excellent presentation has gone viral.  As well it should.  No socialism - seize and redistribute - corrupt obammunism versus Constitutional capitalism and American liberty arguments.  The ad goes straight to the heart of the declining quality of life and loss of individual hopes and dreams that every American now feels.  Excellent stuff!
Paul Merrell

Cultivating megadonors, Clinton waffles on Iran and stands by Netanyahu - Mondoweiss - 0 views

  • Hillary Clinton is in the same game as the Republicans: She is trying to raise money from Jewish hawks. Here is excellent reporting from Politico‘s Kenneth P. Vogel and Tarini Parti: “Hillary Clinton signals to Jewish donors: I’ll be better for Israel.” The piece is frank about where money comes from for a race that could cost over $2 billion, pro-Israel Jews. The [Iran] negotiations are of intense interest for some Jewish donors whose political giving is animated by their support for Israel. They’re being counted on by Clinton’s allies to donate huge sums for a campaign and a pair of supportive super PACs that, taken together, are expected to raise $2 billion or more.
  • Last summer, Clinton distanced herself from Obama in her book, saying that she only came out against settlements because she was Obama’s “designated yeller” as Secretary of State; and now she distances herself in raising money. Hillary Clinton is privately signaling to wealthy Jewish donors that — no matter the result of the Iranian nuclear negotiations — she will be a better friend to Israel than President Barack Obama. The piece suggests that Clinton is waffling on Iran to raise money from a handful of megadonors: But, even as donors increasingly push Clinton on the subject in private, they have emerged with sometimes widely varying interpretations about whether she would support a prospective deal, according to interviews with more than 10 influential donors and fundraising operatives… [One donor tells Politico that] Jewish donors who oppose a deal and favor military intervention in Iran “are going to put her in a box.”
  • Clinton’s allies are carefully monitoring the sensitivities of a handful of hawkish Democratic mega-donors for signs that the Iran talks may be influencing their willingness to write million-dollar super PAC checks. Chief among that group is billionaire Hollywood entrepreneur Haim Saban, who sources say has spoken multiple times with Clinton and her top aides about the deal. And as she did in her book, Clinton brags on her relationship with Israel PM Benjamin Netanyahu, the rightwing leader of a government with fascistic strains in it.
Paul Merrell

Voters Say "Yes" to the Republican Who Said "No" to Wall Street | The Nation - 0 views

  • House Speaker John Boehner and his cronies removed North Carolina Congressman Walter Jones from the House Financial Services Committee in late 2012, as part of a purge that removed Republicans who were not all in for Wall Street -- and for Boehner's brand of "service" to the industries that are supposed to be regulated by Congress -- from the one panel with the power to hold bankers and brokers to account. But Jones, who had opposed bank bailouts and favored Wall Street regulation, did not go quietly. He spoke up about the purge and made little secret of his sense that -- though he had split with Boehner on a number of issues -- his biggest "sin" in the eyes of the party leadership was his refusal to bow to the demands of big campaign donors. “This whole place is all about money. Money is more important than policy,” complained Jones, who has in recent years co-sponsored most major pieces of campaign-finance reform legislation in the House -- including a call for a constitutional amendment designed to restore the ability of federal, state and local officials to regulate campaign spending.
  • The congressman's bluntness did not go over well with the masters of the universe on Wall Street. So, this spring, they set out to purge Walter Jones from Congress altogether. They found a consummate DC insider with close ties to the financial-services industry, Taylor Griffin, and filled the challenger's campaign treasury with PAC checks from J.P. Morgan, Wells Fargo and Bank of America, as well as political powerbrokers like former Republican National Committee chairman Haley Barbour and Wayne Berman of the Blackstone Group. It did not stop there. Jones' independence extended far beyond debates over Wall Street bailouts and regulation. The Republican is a social and economic conservative -- make that a social and economic very conservative -- but he has repeatedly broken with the party establishment on issues of war and peace, privacy rights, trade policy and budgets. He even voted against proposals by the darling of Wall Street and the party establishment, Congressman Paul Ryan
  • Bush administration aides and apologists rushed in with public statements and "independent" expenditures to attack Jones for his opposition to wars in Iraq and Afghanistan, and for his refusal to go along with moves that might lead to wars with Iran and other countries. Former Bush White House spokesman Ari Fleischer gave his enthusiastic backing to Griffin, as did former national security adviser Juan Zarate. Sarah Palin, one of the party's most consistent militarists, came in big for Griffin, who hailed her as an "old friend." A neo-conservative group, the Emergency Committee For Israel, spent at least $250,000 on ads that claimed Jones "preaches American decline." What Jones actually said was that, “Lyndon Johnson’s probably rotting in hell right now because of the Vietnam War, and he probably needs to move over for Dick Cheney.” At the same time, the wealthy champions of Ryan's crony-capitalist approach to budgeting were in with big money for TV ads and direct mail from the "Ending Spending Action Fund" -- a super PAC backed by billionaire businessman Joe Ricketts. By a lot of DC measures, Jones should have been doomed.
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  • But the ten-term congressman bet that the voters of eastern North Carolina would stick with him. “I’m not going to sacrifice my integrity for anyone or any party,” he said. “It’s the price you pay. I didn’t come (to Washington) to be a puppet for anyone. And I think the public back in my district, which is the most important, has seen I’m willing to do what I think is right.” It was the right bet. On Tuesday, Republican primary voters in eastern North Carolina decided to purge the Wall Street donors and the special interests. The reelected Walter Jones by a solid 51-45 margin.
Paul Merrell

Former Israeli Opposition Leader Puts Bibi-Boehner Ploy Bluntly « LobeLog - 0 views

  • Yossi Sarid, the former head of Israel’s Meretz Party and leader of the opposition in the Knesset from 2001 to 2003, has just written a very blunt—far too blunt for “acceptable” political discourse in Washington, DC—op-ed published Sunday by Haaretz. Unfortunately, it’s behind a pay wall, so the most I can do is extract a few excerpts. The title is straightforward: “Beware: Republican Jews on the Warpath,” and Sarid, who also served as minister of education under Ehud Barak, doesn’t pull any punches about what Boehner’s fraudulent invitation to Israeli Prime Minister Benjamin Netanyahu is really all about. Now it’s no longer a “crisis in the relationship” that they try to paper over; now it’s no longer just “tensions with the White House” that they’re making every effort to reduce in between meetings; now, it’s an open war with the United States. It’s Sheldon Adelson versus Barack Obama, and Israel is caught in the cross-fire. After Vice President Joe Biden, our greatest friend over there, announced an unspecified trip abroad that will prevent him from being in Congress at the fateful hour, Republican Jewish organizations launched a campaign of intimidation against those lawmakers who had already announced their intent to skip the joint session: Their political fate will be bitter.
  • …Ambassador to Washington Ron Dermer, in the service of his master, is rallying his troops and launching a combined assault on Capitol Hill. Benjamin Netanyahu is determined to show the president once and for all who really rules in Washington, who is the landlord both here and there. … One Matthew Brooks – the executive director of the Republican Jewish Coalition, who does the will of its financial backers – explained over the weekend, “We will commit whatever resources we need to make sure that people are aware of the facts, that given the choice to stand with Israel and Prime Minister Netanyahu in opposition to a nuclear Iran, they chose partisan interests and to stand with President Obama.” Mort Klein, president of the Zionist Organization of America, added unambiguously, “We will, of course, be publicly condemning any Democrats who don’t show up for the speech — unless they have a doctor’s note.” Doctor, this man is sick and urgently needs tranquilizers.
  • … Israel, which until now was a cornerstone of bipartisanship, has become loathsome to its traditional supporters. Benjamin Nitay Netanyahu, the Israeli-American, has made it into something that reeks, even among its longtime supporters. In these very moments, the protocols are being rewritten. Rich Jews are writing them in their own handwriting. They, in their wealth, are confirming with their own signatures what anti-Semites used to slander them with in days gone by: We, the elders of Zion, pull the strings of Congress, and the congressmen are nothing but marionettes who do our will. If they don’t understand our words, they’ll understand our threats. And if in the past, we ran the show from behind the scenes, now we’re doing it openly, from center stage. And if you forget our donations, the wellspring will run dry.
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  • You’ll remember that Obama, during an off-the-record meeting with Democratic senators three weeks ago, reportedly appealed to them to resist “donors and others” who opposed a deal with Iran and were pushing for new sanctions legislation that risked sabotaging the nuclear-focused talks with Iran and an eventual deal. Sen. Robert Menendez, who has been pushing for such legislation for more than a year, reportedly replied that he took “personal offense” at Obama’s remarks about donors, apparently interpreting Obama’s comments as suggesting that Menendez’s position was motivated by his desire and need for campaign cash. The New York Times helpfully noted in a profile of Menendez that the New Jersey senator had received $341,170 from hard-line pro-Israel groups over the past seven years, “more than any other Democrat in the Senate.” (In fact, he received more money than any other Senate candidate—Democratic or Republican—in the 2012 elections, while his Republican comrade-in-arms and co-sponsor for sanctions legislation, Illinois Sen. Mark Kirk, has received more campaign cash from pro-Israel political actions committees (PACs) associated with the American Israel Public Affairs Committee (AIPAC) than any other member of Congress over the past decade. And that doesn’t necessarily include all the much-harder-to-track money provided by donors like Adelson, who chairs Brooks’s RJC, through super PACS and other vehicles.)  Indeed, there’s no doubt that Obama’s reference to “donors” touched a very sensitive nerve with Menendez. Sarid, whose op-ed is most unlikely to appear in any mainstream U.S. publication, has now pounded it with a sledgehammer.
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    There it is, finally out in the open. 
Paul Merrell

Gary Johnson Libertarian Candidate Worries Republicans - NYTimes.com - 0 views

  • Now campaigning as the Libertarian Party’s presidential nominee, Mr. Johnson is still only a blip in the polls. But he is on the ballot in every state except Michigan and Oklahoma, enjoys the support of a few small “super PACs” and is trying to tap into the same grass-roots enthusiasm that helped build Representative Ron Paul a big following. And with polls showing the race between President Obama and Mitt Romney to be tight, Mr. Johnson’s once-fellow Republicans are no longer laughing. Around the country, Republican operatives have been making moves to keep Mr. Johnson from becoming their version of Ralph Nader, the Green Party candidate whose relatively modest support cut into Al Gore’s 2000 vote arguably enough to help hand the decisive states of Ohio and Florida to George W. Bush.
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    The linked article and a pair of quotes I ran across recently have provoked some thought: "We are conservatives in primaries and Republican in general elections and we aim to win." "Given that we all had to suffer through the Bush administration even though Gore and Nader voters combined for a majority of the electorate, two de facto rules were laid down: Keep progressive challenges to center-right Democrats confined to Democratic primaries, not general elections." Both seem to embody the choice of evils approach to presidential elections. But the inherent lie is the notion that any minority group can ever obtain a seat at the power broker's table if the minority group is unwilling to deprive the majority group of election victories so long as their concerns are ignored. And the major parties *always* manufacture propaganda themes portraying the pending election as a potential doomsday event, a "must win" situation. But reality seldom supports such a theme. E.g., Obama and Romney are two peas from the same pod and the makeup of Congress is going to stay about the same. So given that all truly revolutionary change has to be approved by Congress, things will stay about the same unless one were to believe that it matters which of those two peas nominates new Supreme Court justices. (The vetting process assures that it does not matter.)So given that all truly revolutionary change has to be approved by Congress, things will stay about the same unless one were to believe that it matters which of those two peas nominates new Supreme Court justices. (The vetting process assures that it does not matter.) Certainly one could make a strong argument that all of the Supreme Court justices including Obama's Supreme Court appointments are Establishment whores, avowed corporatist/globalists. Should we expect anything different from Romney? It's a choice of thugs, not a choice of evils if one adopts the view that the choices are limited to the two major parties' candidates.
Paul Merrell

AIPAC's Annus Horribilis? by Jim Lobe -- Antiwar.com - 0 views

  • The year of 2014 is starting well for the American Israel Public Affairs Committee (AIPAC), the premier organization of this country’s Israel lobby. Not only has it been clearly and increasingly decisively defeated – at least for now and the immediate future – in its bid to persuade a filibuster-proof, let alone a veto-proof, super-majority of senators to approve the Kirk-Menendez “Wag the Dog” Act that was designed to torpedo the Nov. 24 “Joint Plan of Action” (JPA) between Iran and the P5+1. It has also drawn a spate of remarkably unfavorable publicity, a particularly damaging development for an organization that, as one of its former top honchos, Steve Rosen, once put it, like “a night flower, … thrives in the dark and dies in the sun.”
  • The result: AIPAC and its supporters hit a brick wall at 59, unable even to muster the 60 needed to invoke cloture against a possible filibuster, let alone the 77 senators that AIPAC-friendly Congressional staff claimed at one point were either publicly or privately committed to vote for the bill if it reached the floor. By late this week, half a dozen of the 16 Democrats who had co-sponsored the bill were retreating from it as fast as their senatorial dignity would permit. And while none has yet disavowed their co-sponsorship, more than a handful now have (disingenuously, in my view) insisted that they either don’t believe that the bill should be voted on while negotiations are ongoing; that they had never intended to undercut the president’s negotiating authority; or, most originally, that they believed the mere introduction of the bill would provide additional leverage to Obama (Michael Bennet of Colorado) in the negotiations. Even the bill’s strongest proponents, such as Oklahoma’s Jim Inhofe, conceded, as he did to the National Journal after Obama repeated his veto threat in his State of the Union Address Tuesday: “The question is, is there support to override a veto on that? I say, ‘No.’” The Democratic retreat is particularly worrisome for AIPAC precisely because its claim to “bipartisanship” is looking increasingly dubious, a point underlined by Peter Beinart in a Haaretz op-ed this week that urged Obama to boycott this year’s AIPAC policy conference that will take place a mere five weeks from now. (This is the nightmare scenario for Rosen who noted in an interview with the JTA’s Ron Kampeas last week that the group’s failure to procure a high-level administration speaker for its annual conference “would be devastating to AIPAC’s image of bipartisanship.”) According to Beinart:
  • Consider first what happened with the Kirk-Menendez sanctions bill, named for the two biggest beneficiaries of “pro-Israel” PACs closely associated with AIPAC in the Congressional campaigns of 2010 and 2012, respectively. Introduced on the eve of the Christmas recess, the bill then had 26 co-sponsors, equally divided between Democrats and Republicans, giving it an attractive bipartisan cast – the kind of bipartisanship that AIPAC has long sought to maintain despite the group’s increasingly Likudist orientation and the growing disconnect within the Democratic Party between its strongly pro-Israel elected leadership and more skeptical base, especially its younger activists, both Jewish and gentile. By the second week of January, it had accumulated an additional 33 co-sponsors, bringing the total to 59 and theoretically well within striking distance of the magic 67 needed to override a presidential veto. At that point, however, its momentum stalled as a result of White House pressure (including warnings that a veto would indeed be cast); the alignment behind Obama of ten Senate Committee chairs, including Carl Levin of the Armed Services Committee and Dianne Feinstein of the Intelligence Committee; public denunciation of the bill by key members of the foreign policy elite; and a remarkably strong grassroots campaign by several reputable national religious, peace, and human-rights groups (including, not insignificantly, J Street and Americans for Peace Now), whose phone calls and emails to Senate offices opposing the bill outnumbered those in favor by a factor of ten or more.
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  • Of course, none of this means that the battle over Iran policy is won, but it does suggest that AIPAC’s membership has some serious thinking to do about the group’s relationship to Democrats and to the broader Jewish community. Nor does it necessarily mean that we have finally reached a “tipping point” regarding the lobby’s hold over Congress and U.S. Middle East policy. But this is unquestionably a significant moment. (Rosenberg has a good analysis about AIPAC’s defeat out on HuffPo today that is well worth reading.)
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    There's more detail not quoted, but AIPAC (and the War Party) are indeed having a horrible year, already.  Perhaps worst of all for AIPAC, even mainstream media is now willing to discuss AIPAC's blunder. See e.g.,  http://www.huffingtonpost.com/mj-rosenberg/obama-state-of-the-union-iran_b_4702457.html ("AIPAC's hopes to override Obama's veto ended with a whimper, AIPAC's whimper.") When even mainstream pundits are willing to discuss AIPAC's blunder in public, that's a spotlight on an organism that can't stand the light. 
Paul Merrell

How Wall Street Money Is Driving Out the Last Populist House Republican | The Nation - 0 views

  • Congressman Walter Jones, a Republican who represents a wide swath of eastern North Carolina, might not strike you as a populist. But as a lawmaker, the veteran politician with a slow Southern drawl has become a gadfly in his own party for thumbing his nose at powerful political interests. He is the only GOP co-sponsor of the DISCLOSE Act, a measure to reveal the donors of dark-money campaign advertisements. He is among the loudest critics of the war in Iraq and Afghanistan, telling an audience one that “Lyndon Johnson’s probably rotting in hell right now because of the Vietnam War, and he probably needs to move over for Dick Cheney.” And Speaker John Boehner removed Jones from the House Financial Services Committee, which oversees Wall Street. His sin? Bucking leadership and supporting many bills to further regulate the financial sector, along with serving as the last remaining House Republican to have voted for the Dodd-Frank reform package. The Republican establishment has attempted to remove Jones from office by dispatching a number of primary challengers over the years. For this cycle, a former Bush administration aide named Taylor Griffin is the party favorite to finally wipe out Jones. Several outlets, such as Bloomberg News, have reported that Griffin’s candidacy is being heavily promoted by the financial industry. JPMorgan Chase, Bank of America, Wells Fargo and other banks helped fuel the $114,000 fundraising haul Griffin reported in his first campaign disclosure report. Earlier this week, a Super PAC financed in part by hedge fund titan Paul Singer went on air with a negative ad against Jones.
  • What hasn’t been reported, however, is that Griffin himself is a longtime political consultant for the biggest predators on Wall Street. Republic Report has obtained a disclosure report that shows that Griffin’s client list reads like a who’s who of financial interests that have preyed upon North Carolina families for short term gain.
Paul Merrell

The Families Funding the 2016 Presidential Election - The New York Times - 0 views

  • They are overwhelmingly white, rich, older and male, in a nation that is being remade by the young, by women, and by black and brown voters. Across a sprawling country, they reside in an archipelago of wealth, exclusive neighborhoods dotting a handful of cities and towns. And in an economy that has minted billionaires in a dizzying array of industries, most made their fortunes in just two: finance and energy. Now they are deploying their vast wealth in the political arena, providing almost half of all the seed money raised to support Democratic and Republican presidential candidates. Just 158 families, along with companies they own or control, contributed $176 million in the first phase of the campaign, a New York Times investigation found. Not since before Watergate have so few people and businesses provided so much early money in a campaign, most of it through channels legalized by the Supreme Court’s Citizens United decision five years ago.
Paul Merrell

The Dynastic Hillary Bandwagon » CounterPunch: Tells the Facts, Names the Names - 0 views

  • by RALPH NADER The Hillary Clinton for President in 2016 bandwagon has started very early and with a purpose. The idea is to get large numbers of endorsers, so that no Democratic Primary competitors dare make a move. These supporters include Senator Chuck Schumer (D-NY), financier George Soros and Ready for Hillary, a super PAC mobilizing with great specificity (already in Iowa). Given this early bird launch, it is important to raise the pressing question: Does the future of our country benefit from Hillary, another Clinton, another politician almost indistinguishable from Barack Obama’s militaristic, corporatist policies garnished by big money donors from Wall Street and other plutocratic canyons? There is no doubt the Clintons are syrupy political charmers, beguiling many naïve Democrats who have long been vulnerable to a practiced set of comforting words or phrases camouflaging contrary deeds.
  • Many Wall Streeters like Hillary Clinton. Expecting their ample contributions, and socializing with their business barons, it is not surprising that Hillary Clinton avoids going after the crooked casino capitalism that collapsed the economy, drained investors, pensions, jobs and taxpayer bailouts. Hillary Clinton is a far cry from the stalwart Senator Elizabeth Warren on this towering pattern of unaccountable corporate abuse.
  • A Clinton Coronation two years or more before the 2016 elections will stifle any broader choice of competitive primary candidates and more important a more progressive agenda supported by a majority of the American people.
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  • Maybe the sugarcoating is starting to wear. Columnist Frank Bruni, writing in the New York Times (Hillary in 2016? Not so Fast), reports her polls are starting to slump. Apparently, as Bruni suggests, she’s being seen as part of the old Washington crowd that voters are souring on. As I wrote to Hillary Clinton in early summer 2008, when calls were made by Obama partisans for her to drop out, no one should be told not to run. That’s everyone’s First Amendment right. However, not voting for her is the prudent decision.
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    Nice rundown by Ralph Nader of Hillary Clinton's many sins against the Progressive wing of the Democratic Party base. On the Clinton dynasty issue, Nader might have noted that daughter Chelsea married a former Goldman Sachs bankster in 2010, now a partner in a hedge fund. Chelsea for President in Auction 2020?
Paul Merrell

Occupy Hillary Clinton's Wall Street Speeches. What Did She Tell the Banks? | Global Re... - 0 views

  • Hillary Clinton refuses to make public the transcripts of her speeches to big banks, three of which were worth a total of $675,000 to Goldman Sachs. She says she would release the transcripts “if everybody does it, and that includes Republicans.” After all, she complained, “Why is there one standard for me, and not for everybody else?” As the New York Times editorial board pointed out, “The only different standard here is the one Mrs. Clinton set for herself, by personally earning $11 million in 2014 and the first quarter of 2015 for 51 speeches to banks and other groups and industries.” Hillary is not running in the primaries against Republicans, who, the Times noted, “make no bones about their commitment to Wall Street deregulation and tax cuts for the wealthiest Americans.”
  • She is running against Bernie Sanders, “a decades-long critic of Wall Street excess who is hardly a hot ticket on the industry speaking circuit,” according to the Times. Why do voters need to know what Hillary told the banks? Because it was Wall Street that was responsible for the 2008 recession, making life worse for most Americans. We need to know what, if anything, she promised these behemoths. I Scratch Your Back, You Scratch Mine Hillary has several super PACs, which have recently donated $25 million to her campaign, $15 million of which came from Wall Street. Big banks and large contributors don’t give their money away for nothing. They expect that their interests will be well served by those to whom they donate. Hillary recently attended an expensive fundraiser at Franklin Square Capital, a hedge fund that gives big bucks to the fracking industry. Two weeks later, Hillary’s campaign announced her continuing support for the production of natural gas, which comes from fracking. Bernie opposes fracking. He said, “Just as I believe you can’t take on Wall Street while taking their money, I don’t believe you can take on climate change effectively while taking money from those who would profit off the destruction of the planet.”
Paul Merrell

Billionaire hires impeachment 'army' to 'remove Trump from power' - 0 views

  • Liberal billionaire Tom Steyer, a friend and donor to Obama and Clinton, is hiring an army of more than 50 political operatives in a major campaign to help Democrats get control of the U.S. House this year and “remove Trump from power.” “Need to Impeach” Founder Steyer, 60, announced Thursday that he is hiring a team of 50 political and communications strategists to coordinate his campaign. While Steyer launched his $20 million campaign to impeach Trump last year, he has now promised to double that amount and also spend $30 million on 2018 House races through his super PAC, NextGen America. “The team, including 50 staff members, is adding thousands of new supporters to the impeachment movement each day, creating a digital army of activists who are mobilizing to take back the House of Representatives in the 2018 election and remove Trump from power,” read a Thursday statement from “Need to Impeach.” Separately, House Democrats announced Thursday that they plan to target as many as 101 Republican-held congressional seats this year, the most in a decade.
  • Nonetheless, even Obama’s former top adviser, David Axelrod, has condemned Steyer’s campaign to impeach Trump, saying the effort is too much, too soon. In November, Axelrod tweeted: “Steyer impeachment ads seem to me more of a vanity project than a call to action. It is – at least at this point – an unhelpful message. If imepachment becomes a political tool, it will be as damaging to our democracy as the degradations @realDonaldTrump has inflicted on it.”
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