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Javier E

The 'Black Hole' That Sucks Up Silicon Valley's Money - The Atlantic - 0 views

  • That’s not to say that Silicon Valley’s wealthy aren’t donating their money to charity. Many, including Mark Zuckerberg, Elon Musk, and Larry Page, have signed the Giving Pledge, committing to dedicating the majority of their wealth to philanthropic causes. But much of that money is not making its way out into the community.
  • The San Francisco Bay Area has rapidly become the richest region in the country—the Census Bureau said last year that median household income was $96,777. It’s a place where $100,000 Teslas are commonplace, “raw water” goes for $37 a jug, and injecting clients with the plasma of youth —a gag on the television show Silicon Valley—is being tried by real companies for just $8,000 a pop.
  • There are many reasons for this, but one of them is likely the increasing popularity of a certain type of charitable account called a donor-advised fund. These funds allow donors to receive big tax breaks for giving money or stock, but have little transparency and no requirement that money put into them is actually spent.
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  • Donor-advised funds are categorized by law as public charities, rather than private foundations, so they have no payout requirements and few disclosure requirements.
  • And wealthy residents of Silicon Valley are donating large sums to such funds
  • critics say that in part because of its structure as a warehouse of donor-advised funds, the Silicon Valley Community Foundation has not had a positive impact on the community it is meant to serve. Some people I talked to say the foundation has had little interest in spending money, because its chief executive, Emmett Carson, who was placed on paid administrative leave after the Chronicle’s report, wanted it to be known that he had created one of the biggest foundations in the country. Carson was “aggressive” about trying to raise money, but “unaggressive about suggesting what clients would do with it,”
  • “Most of us in the local area have seen our support from the foundation go down and not up,” he said.
  • The amount of money going from the Silicon Valley Community Foundation to the nine-county Bay Area actually dropped in 2017 by 46 percent, even as the amount of money under management grew by 64 percent, to $13.5 billion
  • “They got so drunk on the idea of growth that they lost track of anything smacking of mission,” he said. It did not help perceptions that the foundation opened offices in New York and San Francisco at the same time local organizations were seeing donations drop.
  • The foundation now gives her organization some grants, but they don’t come from the donor-advised funds, she told me. “I haven’t really cracked the code of how to access those donor-advised funds,” she said. Her organization had been getting between $50,000 and $100,000 a year from United Way that it no longer gets, she said,
  • Rob Reich, the co-director of the Stanford Center on Philanthropy and Civil Society, set up a donor-advised fund at the Silicon Valley Community Foundation as an experiment. He spent $5,000—the minimum amount accepted—and waited. He received almost no communication from the foundation, he told me. No emails or calls about potential nonprofits to give to, no information about whether the staff was out looking for good opportunities in the community, no data about how his money was being managed.
  • One year later, despite a booming stock market, his account was worth less than the $5,000 he had put in, and had not been used in any way in the community. His balance was lower because the foundation charges hefty fees to donors who keep their money there. “I was flabbergasted,” he told me. “I didn’t understand what I, as a donor, was getting for my fees.”
  • Though donors receive a big tax break for donating to donor-advised funds, the funds have no payout requirements, unlike private foundations, which are required to disperse 5 percent of their assets each year. With donor-advised funds, “there’s no urgency and no forced payout,”
  • he had met wealthy individuals who said they were setting up donor-advised funds so that their children could disperse the funds and learn about philanthropy—they had no intent to spend the money in their own lifetimes.
  • Fund managers also receive fees for the amount of money they have under management, which means they have little incentive to encourage people to spend the money in their accounts,
  • Transparency is also an issue. While foundations have to provide detailed information about where they give their money, donor-advised funds distributions are listed as gifts made from the entire charitable fund—like the Silicon Valley Community Foundation—rather than from individuals.
  • Donor-advised funds can also be set up anonymously, which makes it hard for nonprofits to engage with potential givers. They also don’t have websites or mission statements like private foundations do, which can make it hard for nonprofits to know what causes donors support.
  • Public charities—defined as organizations that receive a significant amount of their revenue from small donations—were saddled with less oversight, in part because Congress figured that their large number of donors would make sure they were spending their money well, Madoff said. But an attorney named Norman Sugarman, who represented the Jewish Community Federation of Cleveland, convinced the IRS to categorize a certain type of asset—charitable dollars placed in individually named accounts managed by a public charity—as donations to public, not private, foundations.
  • Donor-advised funds have been growing nationally as the amount of money made by the top 1 percent has grown: Contributions to donor-advised funds grew 15.1 percent in fiscal year 2016, according to The Chronicle of Philanthropy, while overall charitable contributions grew only 1.4 percent that year
  • Six of the top 10 philanthropies in the country last year, in terms of the amount of nongovernmental money raised, were donor-advised funds,
  • In addition, those funds with high payout rates could just be giving to another donor-advised fund, rather than to a public charity, Madoff says. One-quarter of donor-advised fund sponsors distribute less than 1 percent of their assets in a year,
  • Groups that administer donor-advised funds defend their payout rate, saying distributions from donor-advised funds are around 14 percent of assets a year. But that number can be misleading, because one donor-advised fund could give out all its money, while many more could give out none, skewing the data.
  • Donor-advised funds are especially popular in places like Silicon Valley because they provide tax advantages for donating appreciated stock, which many start-up founders have but don’t necessarily want to pay huge taxes on
  • Donors get a tax break for the value of the appreciated stock at the time they donate it, which can also spare them hefty capital-gains taxes. “Anybody with a business interest can give their business interest before it goes public and save huge amounts of taxes,”
  • Often, people give to donor-advised funds right before a public event like an initial public offering, so they can avoid the capital-gains taxes they’d otherwise have to pay, and instead receive a tax deduction. Mark Zuckerberg and Priscilla Chan gave $500 million in stock to the foundation in 2012, when Facebook held its initial public offering, and also donated $1 billion in stock in 2013
  • Wealthy donors can also donate real estate and deduct the value of real estate at the time of the donation—if they’d given to a private foundation, they’d only be able to deduct the donor’s basis value (typically the purchase price) of the real estate at the time they acquired it. The difference can be a huge amount of money in the hot market of California.
katherineharron

Biden 2020 campaign: New analysis shows how women helped fuel fundraisingsurge - CNNPol... - 0 views

  • Donations from women to Democrat Joe Biden's presidential campaign surged as he picked California Sen. Kamala Harris as his running mate -- widening the gap in political giving between Biden and President Donald Trump
  • The Biden-Harris ticket received more than $33.4 million in itemized contributions from women in August -- more than double the $13.7 million the Democrat's campaign had collected from female donors the previous month
  • By comparison, Trump's campaign raised far less money -- roughly $8.7 million in itemized contributions -- from women in August
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  • Biden announced Harris as his choice for vice president on August 11, and in interviews, some Democratic women donors described a concerted effort to flood the campaign with cash in support of Biden's choice
  • Harris' sorority sisters, who have made more than 22,000 donations in increments of $19.08 -- marking the year, 1908, that Alpha Kappa Alpha Sorority, Inc. was founded at Howard University.
  • Polls show Trump consistently lagging behind Biden in surveys of women voters.
  • The cash infusion in August helped Biden and his aligned party committees shatter the single-month fundraising record for a presidential contender and helped fuel an advertising blitz for the former vice president as the fall campaign swung into view.
  • The lopsided support for the Biden-Harris ticket among female donors who give in larger amounts comes as women have stepped up their political activity more broadly. This year, a record 298 women are running in the general election for US House seats, topping the previous record of 234, set during the 2018 midterms, according to the Center for American Women and Politics at Rutgers University.
  • And women have contributed $2 billion to federal candidates in this cycle, surpassing the $1.3 billion they donated in 2016 when Democrat Hillary Clinton sought the presidency, according to the Center for Responsive Politics
  • "They realized they need to have a role and a voice because this was a place affecting their lives and the lives of their families, and they couldn't sit on the sidelines," she said.
  • The gap has only grown wider as Biden has outpaced the President in overall fundraising.
  • The Center for Responsive Politics, a nonpartisan nonprofit that tracks money in politics, identifies donors' gender by applying an algorithm that compares the most popular US Census names to the names of donors reported to the Federal Election Commission
  • The growing influence of women donors is no accident. Donors and strategists have worked for years help direct political money to female candidates.
  • For instance, Electing Women Bay Area -- a "giving group" with 100 members in Northern California -- financially supports Democratic women in competitive races
  • "One of the things we have long stressed ... is this idea that men are used to writing the checks, and it's a muscle that has to be exercised," said Alexandra Acker-Lyons, who is Electing Women Bay Area's political director and runs her own philanthropic and political consulting firm. "Much like being a voter is a habit, being a donor is a habit."
  • Once it became clear that Biden intended to pick a female vice presidential nominee, some donors timed their contributions to make a big splash
  • "The fact that it was Kamala made it even made it even more intentional," she said, "because we were, and obviously still are, in a moment in our country where we particularly wanted to show up for a black woman nominee."
  • "Almost immediately, I started to see $19.08, $19.08, $19.08 on repeat," Clayton Cox, the Democratic National Committee's finance director, said of the stream of new donations that began popping up the day Harris joined the ticket.
  • More than 22,500 donations in increments of $19.08 have flowed into the Biden Victory Fund-- bringing in more than $430,000,
  • Michelle Arrington, an Atlanta attorney who pledged AKA at Howard a decade after Harris, has long supported Harris' political campaigns, dating back to her bid for California attorney general. Harris' push to promote research into uterine fibroids -- a condition Arrington has faced and that disproportionately afflicts Black women -- underscores the value of broad representation in government, she said.
  • But the informal movement to donate in amounts that reflects sorority's founding date was no surprise, she said. "It's indicative of the types of things we do: We'll start meetings at 12:08 or 7:08 p.m."
carolinehayter

GOP group tells online donors: Give every month or 'we will have to tell Trump you're a... - 0 views

  • The campaign arm of House Republicans is using an aggressive tactic to push online donors toward committing to monthly contributions, telling them that opting out of having the same amount automatically charged to their credit card or withdrawn from their bank each month is an act of disloyalty toward former President Donald Trump.
  • "We need to know we haven't lost you to the Radical Left. If you UNCHECK this box, we will have to tell Trump you're a DEFECTOR & sided with the Dems."
  • "If you want Trump to run for President this is your LAST chance to FLIP the House," donors are told above another pre-checked box. "Change your Trump Victory Fund Status to ACTIVE now! Remain inactive = Republicans lose."
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  • ActBlue, the Democratic fundraising platform, allows some groups to use such boxes.
  • But Republicans -- including Trump's 2020 campaign -- have gone to new lengths to tap into Trump's popularity and strong-arm supporters into regular, automatic contributions.
  • The NRCC's language was first reported by the Bulwark, a news site run by anti-Trump conservatives, which highlighted similar pre-checked boxes the NRCC has used in recent weeks, including one that told donors to "check this box if you want Trump to run again" -- when, in reality, what donors were being asked to do was leave checked a box that signed them up to make monthly donations
  • "As a TOP grassroots supporter, we were surprised to see you ABANDONED him. This is your LAST CHANCE to update your status to ACTIVE!" the pre-checked box said.
  • Using the same tactics that the New York Times reported Trump's campaign used -- provoking complaints and a surge of refunds -- the larger, ominous warnings are placed above more easily missed, smaller fonts that make clear what donors are actually committing to do.
  • The NRCC's pre-checked boxes also appear to ignore the cease-and-desist letter Trump's lawyers recently sent to Republican committees instructing them not to use his likeness to raise money.
  • The NRCC's counterpart, the Democratic Congressional Campaign Committee, also uses pre-checked boxes to sign online donors up for automatic monthly contributions.But the language donors see from the DCCC is straightforward about what they're being asked to do.
  • On the DCCC's ActBlue page, donors are asked immediately under their selection of an amount to donate to "Make it monthly!" The "Yes, count me in!" box is pre-checked, and has a "No, donate once" alternative next to it. Those who do opt for monthly donations then see a window thanking them for their monthly contributions, with an option to click a link to "Make this a one-time contribution instead."
  • "Unlike the NRCC, we use clear language and confirm with our grassroots supporters that they would like to set up a recurring monthly donation," DCCC spokeswoman Helen Kalla said.
katherineharron

Capitol riot tears GOP apart as it seeks a return to power in 2022 - CNNPolitics - 0 views

  • Florida Republican Sen. Rick Scott, the new chair of the National Republican Senatorial Committee, defended President Donald Trump on Wednesday when asked if his ally bore any responsibility for inciting a riot at the US Capitol, putting the onus of last week's death and destruction instead on the mob.
  • "He's not the one who made the decision to breach this Capitol," Scott said.
  • Scott's comments came as the pro-Trump riot has torn apart the Republican Party, setting off a backlash among some donors, a historic second impeachment of the President and a fight over how best to build a path back to power.
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  • Trump remains broadly popular within the GOP. But the riot has led a small group of House Republicans -- including Rep. Liz Cheney, the No. 3 in GOP leadership in the chamber -- to support his impeachment.
  • The Florida Republican told CNN that he wished Trump "responded faster" to quell the violence, calling the riot "unacceptable" and "un-American" and for some of the insurrectionists to be prosecuted.
  • he did not hold Trump accountable for the attack
  • The US Chamber of Commerce, corporate political action committees and major conservative donors are reevaluating whether they will donate to the 147 Republican members of Congress who objected to certifying the presidential election on the day of the attack in a deluded bid to overturn the results. Those members include Scott and House Republican Leader Kevin McCarthy, who cited voter integrity concerns.
  • The donor revolt is "going to make every Republican's job that much harder," said Ken Spain, a GOP strategist. Spain said the corporate pushback now under way illustrates a fissure between corporate America and rank-and-file Republicans on issues such as free trade that has only grown wider in recent years.
  • "Corporations, individuals, they have a choice," the senator said. "If you believe in a big government, less freedoms, socialism, you ought to actually put all your money into supporting the Democrats. If you want opportunity, and lower taxes and less government, you're going to support Republicans."
  • Some major American companies, including Amazon and CNN's owner AT&T, have announced they will withhold PAC donations to those who objected to certifying the election results.
  • Business PACs are significant players in politics, accounting for more than $360 million in federal contributions during the 2020 cycle -- with about 57% of the money flowing to GOP candidates, according to the nonpartisan Center for Responsive Politics.
  • "Lawmakers' actions leading up to and during last week's insurrection will weigh heavy in our evaluation of future support," said AFP CEO Emily Seidel in a statement.
  • "We will take into account the totality of what candidates and elected officials do, including the actions of last week, and importantly, the actions in the days ahead in determining whether or not we support them," said Neil Bradley, the chamber executive vice president, on Tuesday. "I actually want to be very clear: There are some members, who by their actions, will have forfeited the support of the US Chamber of Commerce."
  • Some major conservative donors have also focused their ire on the individual Republicans they view as having helped to instigate last week's events, particularly Hawley. Missouri businessman Sam Fox, who donated $300,000 to a super PAC that aided Hawley's election in 2018, said in a statement that the senator "can certainly forget about any support from me again" after last week's events.
  • The senator wrote an op-ed for the Southeast Missourian newspaper explaining why he continued to object after the violence in the Capitol. "The reason is simple: I will not bow to a lawless mob, or allow criminals to drown out the legitimate concerns of my constituents," Hawley wrote.
  • Dan Eberhart, an Arizona-based energy executive considering a bid against Democrat Sen. Mark Kelly in 2022, said, "I have been a big donor to Rick Scott in the past and plan to continue to be."
  • Eberhart said disaffected donors will "make up with Republicans pretty quickly" if the Democrats, who will soon control the White House and both chambers in Congress, "overreach" in their agenda. "Donors will want the counterweight that Republican provide. More money may go to the leadership PACs, but it will still go to Republicans if those are the policies donors support," he added.
  • After House Republicans picked up seats in 2020 and with the Senate split 50-50 -- and Vice President-elect Kamala Harris set to be the tiebreaker -- eyes will turn to next year's midterms. The party out of power typically does well in midterms, and in 2022, Senate Republicans will have more seats to defend than the Democrats, including in battleground states like Florida, Pennsylvania, North Carolina and Wisconsin.
  • But Trump and his legacy will continue to shape the perceptions of the party in the next election. Already, Ben Wikler, chair of the Democratic Party of Wisconsin, announced on Wednesday that the party is going up with a six-figure ad buy that blames Johnson for inciting the riot at the Capitol.
  • When asked if he blamed Trump for losing the Senate, Scott said, "My focus is on 'how do we go forward?' "
Javier E

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
  • 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.
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  • But regardless of industry, the families investing the most in presidential politics overwhelmingly lean right, contributing tens of millions of dollars to support Republican candidates who have pledged to pare regulations; cut taxes on income, capital gains and inheritances; and shrink entitlement programs.
  • In marshaling their financial resources chiefly behind Republican candidates, the donors are also serving as a kind of financial check on demographic forces that have been nudging the electorate toward support for the Democratic Party and its economic policies. Two-thirds of Americans support higher taxes on those earning $1 million or more a year, according to a June New York Times/CBS News poll, while six in 10 favor more government intervention to reduce the gap between the rich and the poor. According to the Pew Research Center, nearly seven in 10 favor preserving Social Security and Medicare benefits as they are.
  • The donor families’ wealth reflects, in part, the vast growth of the financial-services sector and the boom in oil and gas, which have helped transform the American economy in recent decades. They are also the beneficiaries of political and economic forces that are driving widening inequality: As the share of national wealth and income going to the middle class has shrunk, these families are among those whose share has grown.
  • Most of the families are clustered around just nine cities. Many are neighbors, living near one another in neighborhoods like Bel Air and Brentwood in Los Angeles; River Oaks, a Houston community popular with energy executives; or Indian Creek Village, a private island near Miami that has a private security force and just 35 homes lining an 18-hole golf course.
  • More than 50 members of these families have made the Forbes 400 list of the country’s top billionaires, marking a scale of wealth against which even a million-dollar political contribution can seem relatively small. The Chicago hedge fund billionaire Kenneth C. Griffin, for example, earns about $68.5 million a month after taxes, according to court filings made by his wife in their divorce. He has given a total of $300,000 to groups backing Republican presidential candidates. That is a huge sum on its face, yet is the equivalent of only $21.17 for a typical American household, according to Congressional Budget Office data on after-tax income.
  • “The campaign finance system is now a countervailing force to the way the actual voters of the country are evolving and the policies they want,” said Ruy Teixeira, a political and demographic expert at the left-leaning Center for American Progress.
  • The accumulation of wealth has been particularly rapid at the elite levels of Wall Street, where financiers who once managed other people’s capital now, increasingly, own it themselves. Since 1979, according to one study, the one-tenth of 1 percent of American taxpayers who work in finance have roughly quintupled their share of the country’s income. Sixty-four of the families made their wealth in finance, the largest single faction among the super-donors of 2016.
  • instead of working their way up to the executive suite at Goldman Sachs or Exxon, most of these donors set out on their own, establishing privately held firms controlled individually or with partners. In finance, they started hedge funds, or formed private equity and venture capital firms, benefiting from favorable tax treatment of debt and capital gains, and more recently from a rising stock market and low interest rates
  • In energy, some were latter-day wildcatters, early to capitalize on the new drilling technologies and high energy prices that made it economical to exploit shale formations in North Dakota, Ohio, Pennsylvania and Texas. Others made fortunes supplying those wildcatters with pipelines, trucks and equipment for “fracking.”
  • The families who give do so, to some extent, because of personal, regional and professional ties to the candidates. Jeb Bush’s father made money in the oil business, while Mr. Bush himself earned millions of dollars on Wall Street. Some of the candidates most popular among ultrawealthy donors have also served in elected office in Florida and Texas, two states that are home to many of the affluent families on the list.
  • the giving, more broadly, reflects the political stakes this year for the families and businesses that have moved most aggressively to take advantage of Citizens United, particularly in the energy and finance industries.
  • The Obama administration, Democrats in Congress and even Mr. Bush have argued for tax and regulatory shifts that could subject many venture capital and private equity firms to higher levels of corporate or investment taxation. Hedge funds, which historically were lightly regulated, are bound by new rules with the Dodd-Frank regulations, which several Republican candidates have pledged to roll back and which Mrs. Clinton has pledged to defend.
  • And while the shale boom has generated new fortunes, it has also produced a glut of oil that is now driving down prices. Most in the industry favor lifting the 40-year-old ban on exporting oi
Javier E

Will the Republican Party Survive the 2016 Election? - The Atlantic - 0 views

  • In the 1996 presidential election, voter turnout had tumbled to the lowest level since the 1920s, less than 52 percent. Turnout rose slightly in November 2000. Then, suddenly: overdrive. In the presidential elections of 2004 and 2008, voter turnout spiked to levels not seen since before the voting age was lowered to 18, and in 2012 it dipped only a little. Voters were excited by a hailstorm of divisive events: the dot-com bust, the Bush-versus-Gore recount, the 9/11 terrorist attacks, the Iraq War, the financial crisis, the bailouts and stimulus, and the Affordable Care Act.
  • Putnam was right that Americans were turning away from traditional sources of information. But that was because they were turning to new ones: first cable news channels and partisan political documentaries; then blogs and news aggregators like the Drudge Report and The Huffington Post; after that, and most decisively, social media.
  • Politics was becoming more central to Americans’ identities in the 21st century than it ever was in the 20th. Would you be upset if your child married a supporter of a different party from your own? In 1960, only 5 percent of Americans said yes. In 2010, a third of Democrats and half of Republicans did.
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  • Political identity has become so central because it has come to overlap with so many other aspects of identity: race, religion, lifestyle. In 1960, I wouldn’t have learned much about your politics if you told me that you hunted. Today, that hobby strongly suggests Republican loyalty. Unmarried? In 1960, that indicated little. Today, it predicts that you’re a Democrat, especially if you’re also a woman.
  • Meanwhile, the dividing line that used to be the most crucial of them all—class—has increasingly become a division within the parties, not between them.
  • Since 1984, nearly every Democratic presidential-primary race has ended as a contest between a “wine track” candidate who appealed to professionals (Gary Hart, Michael Dukakis, Paul Tsongas, Bill Bradley, and Barack Obama) and a “beer track” candidate who mobilized the remains of the old industrial working class (Walter Mondale, Dick Gephardt, Bill Clinton, Al Gore, and Hillary Clinton).
  • The Republicans have their equivalent in the battles between “Wall Street” and “Main Street” candidates. Until this decade, however, both parties—and especially the historically more cohesive Republicans—managed to keep sufficient class peace to preserve party unity.
  • The Great Recession ended in the summer of 2009. Since then, the U.S. economy has been growing, but most incomes have not grown comparably. In 2014, real median household income remained almost $4,000 below the pre-recession level, and well below the level in 1999. The country has recovered from the worst economic disaster since the Great Depression. Most of its people have not. Many Republicans haven’t shared in the recovery and continued upward flight of their more affluent fellow partisans.
  • What was new and astonishing was the Trump boom. He jettisoned party orthodoxy on issues ranging from entitlement spending to foreign policy. He scoffed at trade agreements. He said rude things about Sheldon Adelson and the Koch brothers. He reviled the campaign contributions of big donors—himself included!—as open and blatant favor-buying. Trump’s surge was a decisive repudiation by millions of Republican voters of the collective wisdom of their party elite.
  • It’s uncertain whether any Tea Partier ever really carried a placard that read keep your government hands off my medicare. But if so, that person wasn’t spouting gibberish. The Obama administration had laid hands on Medicare. It hoped to squeeze $500 billion out of the program from 2010 to 2020 to finance health insurance for the uninsured. You didn’t have to look up the figures to have a sense that many of the uninsured were noncitizens (20 percent), or that even more were foreign-born (27 percent). In the Tea Party’s angry town-hall meetings, this issue resonated perhaps more loudly than any other—the ultimate example of redistribution from a deserving “us” to an undeserving “them.”
  • As a class, big Republican donors could not see any of this, or would not. So neither did the politicians who depend upon them. Against all evidence, both groups interpreted the Tea Party as a mass movement in favor of the agenda of the Wall Street Journal editorial page.
  • Owners of capital assets, employers of low-skill laborers, and highly compensated professionals tend to benefit economically from the arrival of immigrants. They are better positioned to enjoy the attractive cultural and social results of migration (more-interesting food!) and to protect themselves against the burdensome impacts (surges in non-English-proficient pupils in public schools). A pro-immigration policy shift was one more assertion of class interest in a party program already brimful of them.
  • The Republican National Committee made it all official in a March 2013 postelection report signed by party eminences. The report generally avoided policy recommendations, with a notable exception: “We must embrace and champion comprehensive immigration reform.
  • Republicans’ approval ratings slipped and slid. Instead of holding on to their base and adding Hispanics, Republicans alienated their base in return for no gains at all. By mid-2015, a majority of self-identified Republicans disapproved of their party’s congressional leadership
  • In 2011–12, the longest any of the “not Romneys” remained in first place was six weeks. In both cycles, resistance to the party favorite was concentrated among social and religious conservatives.
  • The closest study we have of the beliefs of Tea Party supporters, led by Theda Skocpol, a Harvard political scientist, found that “Tea Partiers judge entitlement programs not in terms of abstract free-market orthodoxy, but according to the perceived deservingness of recipients. The distinction between ‘workers’ and ‘people who don’t work’ is fundamental to Tea Party ideology.”
  • Half of Trump’s supporters within the GOP had stopped their education at or before high-school graduation, according to the polling firm YouGov. Only 19 percent had a college or postcollege degree. Thirty-eight percent earned less than $50,000. Only 11 percent earned more than $100,000.
  • Trump Republicans were not ideologically militant. Just 13 percent said they were very conservative; 19 percent described themselves as moderate. Nor were they highly religious by Republican standards.
  • What set them apart from other Republicans was their economic insecurity and the intensity of their economic nationalism. Sixty-three percent of Trump supporters wished to end birthright citizenship for the children of illegal immigrants born on U.S. soil—a dozen points higher than the norm for all Republicans
  • More than other Republicans, Trump supporters distrusted Barack Obama as alien and dangerous: Only 21 percent acknowledged that the president was born in the United States, according to an August survey by the Democratic-oriented polling firm PPP. Sixty-six percent believed the president was a Muslim.
  • Trump promised to protect these voters’ pensions from their own party’s austerity. “We’ve got Social Security that’s going to be destroyed if somebody like me doesn’t bring money into the country. All these other people want to cut the hell out of it. I’m not going to cut it at all; I’m going to bring money in, and we’re going to save it.”
  • He promised to protect their children from being drawn into another war in the Middle East, this time in Syria. “If we’re going to have World War III,” he told The Washington Post in October, “it’s not going to be over Syria.” As for the politicians threatening to shoot down the Russian jets flying missions in Syria, “I won’t even call them hawks. I call them the fools.”
  • He promised a campaign independent of the influences of money that had swayed so many Republican races of the past. “I will tell you that our system is broken. I gave to many people. Before this, before two months ago, I was a businessman. I give to everybody. When they call, I give. And you know what? When I need something from them, two years later, three years later, I call them. They are there for me. And that’s a broken system.”
  • Trump has destroyed one elite-favored presidential candidacy, Scott Walker’s, and crippled two others, Jeb Bush’s and Chris Christie’s. He has thrown into disarray the party’s post-2012 comeback strategy, and pulled into the center of national discussion issues and constituencies long relegated to the margins.
  • Something has changed in American politics since the Great Recession. The old slogans ring hollow. The insurgent candidates are less absurd, the orthodox candidates more vulnerable. The GOP donor elite planned a dynastic restoration in 2016. Instead, it triggered an internal class war.
  • there appear to be four paths the elite could follow, for this campaign season and beyond. They lead the party in very different directions.
  • Maybe the same message and platform would have worked fine if espoused by a fresher and livelier candidate. Such is the theory of Marco Rubio’s campaign. Or—even if the donor message and platform have troubles—maybe $100 million in negative ads can scorch any potential alternative, enabling the donor-backed candidate to win by default.
  • Yet even if the Republican donor elite can keep control of the party while doubling down, it’s doubtful that the tactic can ultimately win presidential elections.
  • The “change nothing but immigration” advice was a self-flattering fantasy from the start. Immigration is not the main reason Republican presidential candidates lose so badly among Latino and Asian American voters, and never was: Latino voters are more likely to list education and health care as issues that are extremely important to them. A majority of Asian Americans are non-Christian and susceptible to exclusion by sectarian religious themes.
  • Perhaps some concession to the disgruntled base is needed. That’s the theory of the Cruz campaign and—after a course correction—also of the Christie campaign. Instead of 2013’s “Conservatism Classic Plus Immigration Liberalization,” Cruz and Christie are urging “Conservatism Classic Plus Immigration Enforcement.”
  • Severed from a larger agenda, however—as Mitt Romney tried to sever the issue in 2012—immigration populism looks at best like pandering, and at worst like identity politics for white voters. In a society that is and always has been multiethnic and polyglot, any national party must compete more broadly than that.
  • Admittedly, this may be the most uncongenial thought of them all, but party elites could try to open more ideological space for the economic interests of the middle class. Make peace with universal health-insurance coverage: Mend Obamacare rather than end it. Cut taxes less at the top, and use the money to deliver more benefits to working families in the middle. Devise immigration policy to support wages, not undercut them. Worry more about regulations that artificially transfer wealth upward, and less about regulations that constrain financial speculation. Take seriously issues such as the length of commutes, nursing-home costs, and the anticompetitive practices that inflate college tuitio
  • Such a party would cut health-care costs by squeezing providers, not young beneficiaries. It would boost productivity by investing in hard infrastructure—bridges, airports, water-treatment plants. It would restore Dwight Eisenhower to the Republican pantheon alongside Ronald Reagan and emphasize the center in center-right
  • True, center-right conservative parties backed by broad multiethnic coalitions of the middle class have gained and exercised power in other English-speaking countries, even as Republicans lost the presidency in 2008 and 2012. But the most-influential voices in American conservatism reject the experience of their foreign counterparts as weak, unprincipled, and unnecessary.
  • “The filibuster used to be bad. Now it’s good.” So Fred Thompson, the late actor and former Republican senator, jokingly told an audience on a National Review cruise shortly after Barack Obama won the presidency for the first time. How partisans feel about process issues is notoriously related to what process would benefit them at any given moment.
  • There are metrics, after all, by which the post-2009 GOP appears to be a supremely successful political party. Recently, Rory Cooper, of the communications firm Purple Strategies, tallied a net gain to the Republicans of 69 seats in the House of Representatives, 13 seats in the Senate, 900-plus seats in state legislatures, and 12 governorships since Obama took office. With that kind of grip on state government, in particular, Republicans are well positioned to write election and voting rules that sustain their hold on the national legislature
  • Maybe the more natural condition of conservative parties is permanent defense—and where better to wage a long, grinding defensive campaign than in Congress and the statehouses? Maybe the presidency itself should be regarded as one of those things that is good to have but not a must-have, especially if obtaining it requires uncomfortable change
aleija

Can Democrats Still Count on the Grass-Roots? - The New York Times - 0 views

  • For Democrats who care deeply about progressive causes, Donald Trump’s presidency was a frightening experience. It was also a call to action. Progressive campaigns and causes experienced a huge spike in donations over the past four years, and in 2020 candidates up and down the ballot far outpaced fund-raising records from previous cycles.
  • They found that these donors were feeling more positive about Democrats in Washington than in years past, and that they remained energized — but a significant chunk of them were in fact planning to donate less, now that Trump is out of office.
  • After Mr. Trump’s defeat, there have been some signs of donor burnout. Close to nine out of 10 respondents said Mr. Trump had been one of the top factors driving them to donate in recent years. And upward of one in five grass-roots donors said they were now likely to cut back on their gifts to candidates and political parties.
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  • Close to half of all donors expressed a positive view of the Democratic Party, and a wide array of top Democratic officials received broadly favorable ratings from the survey’s Democratic respondents. Those include establishment politicians like President Biden and Senator Chuck Schumer, the majority leader, as well as left-wing figures like Representative Alexandria Ocasio-Cortez and Senator Bernie Sanders.
  • The study also revealed that anxiety about Mr. Trump’s continued influence on Republican politics remained a concern for many left-leaning donors.
  • With Democrats controlling only a slim majority in both chambers of Congress, he said many donors still saw the opposition party as a threat to legislation on popular issues like climate change and voting rights.
alexdeltufo

Women's Rising Influence in Politics, Tinted Green - The New York Times - 0 views

  • Women are bankrolling political campaigns this year more than ever, driven by their rising rank in the workplace, boosts in women’s wealth, and networks set up to gather their donations and bolster their influence.
  • Forty-three percent of all reported contributions to federal candidates for this election have come from women,
  • The increase is especially pronounced on the left, with the presidential campaign of Hillary Clinton galvanizing female donors. S
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  • And she has counted on them to fuel her huge fund-raising operation, which already relies more on women than had any presidential candidate before her.
  • Nearly 60 percent of Mrs. Clinton’s reported contributions, totaling $70 million, have come from women, according to Crowdpac, the most of any presidential candidate by far. (The tally does not include contributions too small to be itemized in election commission reports.)
  • More women are founding their own companies or rising to lead family businesses, or have already sold or retired from them, a common springboard to the upper reaches of political fund-raising.
  • Ms. Rodgers said she began contributing sizable sums after selling her workplace benefits company.
  • The rise of women in business is providing not just the discretionary income required for large contributions, but the kind of personal networks that power presidential and congressional fund-raising.
  • But even among Republicans, female donors are playing a more significant role.
  • “In a very short period of time, the landscape has changed for women,”
  • Ms. Toretti, Mrs. Rao and other prominent bundlers in both parties said their networks of potential donors, almost exclusively men until just a few years ago, were now composed mostly of other women.
  • Most of the largest overall contributors in the country are men, many of them in fields like energy and finance, where women are still exceedingly rare in corporate boardrooms and executive suites.
  • Less visible than the economic inequality that hampers giving by women are the cultural barriers that remain.
  • Women needed to be convinced that they were allowed to write those checks, that they were needed,” said Naomi Aberly, a major Democratic donor and a Clinton bundler.
  • Many of the women in her group are lawyers or worked in finance, Ms. Aberly said, and they typically hold events at night, after working hours.
anonymous

A Black Nonprofit Got A 6-Figure Payment From Someone Whose Family Enslaved People : NPR - 0 views

  • A nonprofit group that helps Black and marginalized communities in Kentucky has received a six-figure donation from a white donor who says they recently inherited family wealth — and then learned that their great-grandfather owned enslaved people.
  • As they received their windfall, the inheritor grew curious about the origins of the family's money."They investigated their family history to find out their great-grandfather had enslaved six individuals in Bourbon [County], Ky.," Croney said as the nonprofit announced the donation this week.
  • Because the great-grandfather did not record the enslaved persons' names, the donor couldn't track down the descendants of the people the ancestor had owned. Croney said that because the donor was "aware of how hoarding wealth is a huge contributing factor of inequity in this country, they decided that they should give most of it away."
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  • The donation is the latest in a string of high-value reparations payments from white people who have unearthed ties to racism and slavery in their family history — finding details such as the value assigned to enslaved people in a ledger, and notes identifying a grandmother as a member of the Ku Klux Klan.
  • The money brings a significant boost for Change Today, Change Tomorrow, which has grown remarkably since Ryan first started the organization as a way to secure school supplies for teachers. Its programs now range from providing hot meals and snacks for students to public health outreach for new parents and menstruation products for those who need them, as well as making food deliveries — including fresh produce from a Black-owned farm.
  • The donor's identity has not been revealed, but the nonprofit said the person lives in the South.
  • Among those receiving reparations is Soul2Soul Sisters, a Colorado group co-founded by the Rev. Dawn Riley Duval. The money helped her organization grow — and like Ryan, Riley Duval says reparations are absolutely necessary, given the ties that have long bound racism and economic inequality in the United States
  • The donor who wired money to Change Today, Change Tomorrow is calling for other white people to pay reparations, even if their ancestors didn't own enslaved people.
  • The leaders of Change Today, Change Tomorrow echoed that sentiment. And they acknowledged that, given the sum heading their way, it wasn't until a wire transfer had taken place that it seemed real. Now, they added, they have more work to do.
  • Referring to the reparations payment, she added, "We don't have the luxury to kind of just sit on it, so it's literally money that's going to go right back into the community."The donor has never lived in Kentucky, Croney said, adding that the person found the organization by searching around on the internet. Louisville has played a prominent role in the national discussion on racism and police violence since last year when police officers shot and killed Breonna Taylor in her home. Activists are still calling for accountability in that case.
edencottone

Biden under pressure to tap fewer political ambassadors than Trump, Obama - POLITICO - 0 views

  • Donald Trump named more of his political allies to serve as ambassadors than any president in modern history. Now the pressure is on Joe Biden to reverse that trend — and set a new standard.
  • “Our diplomats expect Biden to build diplomacy back better. That’s what he promised on the campaign trail,” said Brett Bruen, a former Foreign Service officer who now does consulting work.
  • The Biden presidency is no different, according to interviews with five donors, but after the perception of corruption around nominees grew during the Trump years, Biden is being pressed to appoint more career diplomats.
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  • But Trump increased that number to roughly 44 percent, which included posts in some countries that usually went to career diplomats, such Thailand and Kenya.
  • John McCain; longtime Biden friend and former Sen. Chris Dodd; and Comcast executive David Cohen. Richard Perkins, a donor and former speaker of the Nevada Assembly, told POLITICO that he is lobbying to be the top U.S. diplomat in Canada.
  • There are some who do a lot for the campaign and they don’t have a lot of experience in government and you want to take care of them and what the fuck else are you going to do with them?”
  • Instead, the White House has been focused on pushing Covid legislation through Congress and compiling lists of nominees for judgeships and attorneys general. Biden has named only one ambassador thus far: Linda Thomas-Greenfield, a former State Department official and ambassador, to the United Nations.
  • Rep. Don Beyer (D-Va.), a Democratic fundraiser who served as ambassador to Switzerland and Liechtenstein, said he’s received calls from about a dozen donors in recent weeks trying to determine their next steps.
  • On Wednesday, Biden will meet virtually with Irish Prime Minister Micheál Martin, though no ambassador is expected to be named.
  • We continue to engage in conversations with the White House and we've been gratified that our counterparts understand and value the importance of career professionals in senior roles, including ambassadorships,” a senior State Department official said when asked about the status of the situation.
  • “When you talk to [donors], get them in a private room and off guard, they’ll be real open to the fact that they’re looking to get something out of it,” according to a donor. “Is it openly spoken about? No, but it’s pretty clear.”
  • “He is a guy who has come through the long Democratic tradition, but unlike Trump, I think he’s going to pick career people for very important posts,” a Biden ally said.
  • They also hope the administration considers placing career appointees in high-profile but challenging ambassadorships in Russia and China.
  • Saudi Arabian officials, for example, have often preferred having a political appointee because such figures are more likely to have a direct line to the president. But given the Biden administration’s efforts to de-emphasize the U.S.-Saudi relationship, placing a career diplomat in Riyadh could essentially tell the Saudis that they won’t get backchannels to Biden or special favors.
  • “No other country has nearly half its ambassadorships vacant, or ever has. This hurts our ability to defend our national interests and pursue our national objectives,” said Eric Rubin, president of the American Foreign Service Association, the diplomats’ union.
Javier E

When a DNA Test Says You're a Younger Man, Who Lives 5,000 Miles Away - The New York Times - 0 views

  • Three months after his bone marrow transplant, Chris Long of Reno, Nev., learned that the DNA in his blood had changed. It had all been replaced by the DNA of his donor, a German man he had exchanged just a handful of messages with.
  • it was not only Mr. Long’s blood that was affected. Swabs of his lips and cheeks contained his DNA — but also that of his donor. Even more surprising to Mr. Long and other colleagues at the crime lab, all of the DNA in his semen belonged to his donor.
  • Mr. Long had become a chimera, the technical term for the rare person with two sets of DNA. The word takes its name from a fire-breathing creature in Greek mythology composed of lion, goat and serpent parts
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  • Doctors and forensic scientists have long known that certain medical procedures turn people into chimeras, but where exactly a donor’s DNA shows up — beyond blood — has rarely been studied with criminal applications in mind.
  • The average doctor does not need to know where a donor’s DNA will present itself within a patient. That’s because this type of chimerism is not likely to be harmful. Nor should it change a person. “Their brain and their personality should remain the same,”
  • for a forensic scientist, it’s a different story. The assumption among criminal investigators as they gather DNA evidence from a crime scene is that each victim and each perpetrator leaves behind a single identifying code — not two
  • In 2004, investigators in Alaska uploaded a DNA profile extracted from semen to a criminal DNA database. It matched a potential suspect. But there was a problem: The man had been in prison at the time of the assault. It turned out that he had received a bone marrow transplant. The donor, his brother, was eventually convicted.
  • she heard about another disconcerting scenario since then. It involved police investigators who were skeptical of a sexual assault victim’s account because she said there had been one attacker, though DNA analysis showed two. Eventually the police determined that the second profile had come from her bone marrow donor.
  • In 2008, he was trying to identify the victim of a traffic accident for the National Forensic Service in Seoul, South Korea. Blood showed that the individual was female. But the body appeared to be male, which was confirmed by DNA in a kidney, but not in the spleen or the lung, which contained male and female DNA. Eventually, he figured out that the victim had received a bone marrow transplant from his daughter.
  • Fraternal twins sometimes acquire each other’s DNA in the womb; in at least one case that led to unfounded fears of infidelity when a man’s child did not seem to be his. In another case, a mother nearly lost custody of her children after a DNA test.
anonymous

The 2020 Campaign Is the Most Expensive Ever (By a Lot) - The New York Times - 0 views

  • The 2020 election has blown past previous records to become the most expensive campaign in American history, with the final tally for the battle for the White House and control of the Senate and the House expected to hit nearly $14 billion, according to new projections made by the Center for Responsive Politics.
  • The surge of spending is powered by donations at both ends of the giving spectrum as small donors, particularly online, are playing an increasingly central role in funding campaigns. At the same time, billionaires and multimillionaires are writing enormous checks to super PACs.
  • Mr. Biden’s campaign committee, which had raised $938 million as of Oct. 14, is on track to be the first to surpass $1 billion in fund-raising. The fund-raising hauls by both Mr. Biden and Mr. Trump, when combined with party money, already far exceed that threshold.
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  • Eight of the 10 most expensive Senate races ever are unfolding in 2020
  • Up and down the ballot, Democrats have the financial upper hand this year.
  • Small-dollar donors, who have lifted Democratic Senate candidates and Mr. Biden in particular, are growing in importance, accounting for 22 percent of the total money raised in the 2020 cycle. These donors, who gave less than $200 to a candidate or cause, contributed 15 percent of the funds raised in the 2016 election.
  • So-called dark money continues to flood into American political campaigns through entities like nonprofits that do not fully disclose their donors.
  • More women than ever are giving to federal races, accounting for 44 percent of donors, up from 37 percent in 2016, according to the analysis by the Center for Responsive Politics.
  • Women have favored Democrats in the voting booth
  • Separately, the role of traditional political action committees, often used by corporations to bundle donations to incumbent politicians, has been shrinking as a share of political cash, hitting a record low of 5 percent, according to the center.
  • The top industry for campaign cash remains Wall Street, totaling more than $255 million from the securities and investment world, according to the center’s research. That money heavily favored Democrats: $161.7 million to $94.5 million.
  • The nonprofit Democratic online donation platform, ActBlue, has processed more than $3.3 billion so far this year.
  • The total cost of the races for the White House, the Senate and the House is expected to hit nearly $14 billion.
  • he biggest driver of political spending this year has been — no surprise — the presidential race, as enormous sums have, in particular, poured into supporting Joseph R. Biden Jr.’s bid to oust President Trump.
  • 6.6 billion
  • Editors’ PicksHow the Trump Era
  • That is one of four Senate races to have crossed the $200 million mark this year — the others are in Iowa, South Carolina and Arizona — something that had never before happened in a contest without a self-funding candidate.
  • Democratic candidates and allied groups have spent $5.5 billion this cycle, compared with $3.8 billion in spending by Republicans — the largest advantage ever, according to the analysis by the nonpartisan Center for Responsive Politics.
  • Both parties are taking advantage of disclosure loopholes. One dark money Democratic group, the Sixteen Thirty Fund, has reported more than $51 million in giving to a wide array of other federal PACs, federal records show.
izzerios

Donations to Foundation Vexed Hillary Clinton's Aides, Emails Show - The New York Times - 0 views

  • In the years before Hillary Clinton announced she would run again for president, her top aides expressed profound concerns in internal emails about how foreign donations to the Clinton Foundation and Bill Clinton’s own moneymaking ventures would affect Mrs. Clinton’s political future.
  • The emails, obtained by hackers and being gradually released by WikiLeaks this month,
  • personal income from some foundation donors and “gets many expensive gifts from them.”
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  • Clinton Foundation gathering in Morocco at the behest of its king, who had pledged $12 million to the charity.
  • “She created this mess and she knows it,” a close aide, Huma Abedin, wrote of Mrs. Clinton in a January 2015 email.
  • Founded in 1997, when Mr. Clinton was still president, the foundation has raised roughly $2 billion to fund projects around the world, helping African farmers improve their yields, Haitians recover from a devastating 2010 earthquake and millions of people gain access to cheaper H.I.V./AIDS medication, among other accomplishments.
  • At the time, she was beginning to exert influence at the foundation, expressing concerns that Mr. Band and others were trying to use the charity to make money for themselves, and accusing another aide in her father’s personal office of installing spyware.
  • One such donor, Laureate International Universities, a for-profit education company based in Baltimore, was paying Mr. Clinton $3.5 million annually “to provide advice” and serve as its honorary chairman
  • Chelsea Clinton helped enlist an outside law firm to audit the Clinton Foundation’s practices.
  • the foundation “ensure that all donors are properly vetted and that no inappropriate quid pro quos are offered to donors in return for contributions.”
  • In August, the foundation said it would no longer accept foreign donations should Mrs. Clinton win the White House.
  • Russian government’s efforts to use cyberattacks to influence the election in favor of the Republican nominee, Donald J. Trump.
  • asked whether Mrs. Clinton’s name would be used in connection with the foundation, which is formally known as the Bill, Hillary and Chelsea Clinton Foundation. “It will invite press scrutiny and she’ll be held accountable for what happens there,”
  • a lawyer and top aide, said she discussed with Mrs. Clinton various “steps” to take to adjust her relationship with the foundation, including her resignation from the foundation’s board.
  • Mr. Band, who helped Mr. Clinton build the foundation, clearly felt irritated by Chelsea Clinton’s stream of implications that he had padded his own pockets from his work for her father.
  • “As they say, the apple doesn’t fall far,” he wrote. “A kiss on the cheek while she is sticking the knife in the back, and front.”
Javier E

Who Sponsored the Hate? - The New Yorker - 0 views

  • ” After pouring hundreds of millions of dollars into promoting their right-wing libertarian views over the past four decades, and budgeting some eight hundred and eighty-nine million dollars to spend in the 2016 election cycle, he and his brother David Koch, and their donor circle, are apparently disappointed that they have bought so little control over the Republican Presidential candidates. “You’d think we could have more influence,” he lamented to the Financial Times. But, in fact, the influence of the Kochs and their fellow big donors is manifest in Trump’s use of incendiary and irresponsibly divisive rhetoric. Only a few years ago, it was they who were sponsoring the hate.
  • for the same donors who poured gasoline on the flames, when the winds were blowing the way they wanted, to now complain that Trump’s campaign is out of control is, well, for want of another word, rich.
Javier E

Republicans for Campaign-Finance Reform: Lindsey Graham, Chris Christie, and Ted Cruz -... - 0 views

  • “I’ve told my six-year-old daughter, ‘Running for office is real simple: you just surgically disconnect your shame sensor,’” he said. “Because you spend every day asking people for money.
  • Starting with the attack on the McCain-Feingold campaign-finance law in 2003, opponents have won an accelerating series of victories against similar laws. The result has completely changed the world of campaign finance. Citizens United struck down limits on independent expenditures. SpeechNow made it possible for contributions to be largely hidden. Aggregate limits on personal contributions were swept away by McCutcheon v. FEC in 2014
  • For extremely wealthy donors who want to elect candidates and influence issues, their newfound power is a godsend. After spending $92 million on super PACs in 2012, Sheldon Adelson can summon any Republican candidate he wants and has their ears to discuss Israel, his pet issue.
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  • The Koch brothers have put together a coalition that intends to spend almost $1 billion in 2016. Some donors complained after McCutcheon that they'd no longer be able to hide behind limits when they didn't want to give, but the overall landscape has clearly shifted toward those writing the checks.
  • Members of Congress get the shaft, too, spending up to 12 hours a day dialing for dollars. The simple drag of having to do all that seems like a potent reason for candidates to push back
  • even as it fails to rise to the top of most voters' agendas, majorities of Democrats, Republicans, and independents have voiced concern about the corrupting influence of money in polls, and the public generally supports spending caps.
  • The candidates who are doing best at fundraising, or for whom super PACs are likely to raise money effectively, are staying tactfully quiet on the issue.
  • she also called last week for a constitutional amendment to create limits or mandate transparency for campaign cash.
  • Peter Schweizer has excited the political world with allegations of quid pro quos, in which foreign governments gave to the Clinton Foundation and Hillary Clinton, then serving as secretary of state, did them favors—essentially alleging bribery in foreign affairs
  • Shadowy organizations funded by multimillionaires, many of which scrupulously cover up their sources of donations, are going to pour huge amounts of money into trying to sway the democratic process—all in an attempt to prove that huge, insufficiently transparent infusions of cash from wealthy donors can corrupt a public servant’s policy decisions. Is this irony lost on the donors and the candidates they back, or does it simply not bother them?
Javier E

Supreme Court Case on Public Sector Union Fees Rouses Political Suspicions - The New Yo... - 0 views

  • Taking a page from the liberal playbook, Mr. Horowitz and others recommended that conservative donors support groups similar in their ambition and structure to public interest organizations, like the American Civil Liberties Union and the NAACP Legal Defense Fund, that had enjoyed great success in the 1960s and 1970s by actively looking for clients with potentially precedent-setting cases, then pouring resources into litigating them.
  • The Center for Individual Rights became one of the earliest public interest groups to grow out of this reassessment, focusing initially on defending academic free speech amid what it considered to be overweening political correctness. It began to attack affirmative action policies a few years late
  • That level of strategic savvy foreshadowed the more recent efforts of conservative political and policy groups.
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  • “The A.C.L.U. in our view was a great organization for a long time — it defended individual rights across the board without regard to the content of the views expressed,” Mr. Pell said in an interview. “We thought that there was room for a public interest law firm to pick up the original A.C.L.U. mission and amplify it.”
  • The Center for Individual Rights is embedded in the world of prominent conservative political donors as well, having received large contributions from the Sarah Scaife Foundation, the John M. Olin Foundation, and the Lynde and Harry Bradley Foundation, according to filings with the Internal Revenue Service.
  • Many of the center’s donors contribute to other groups that have been active in trying to curtail union activity. The Bradley Foundation’s president, Michael Grebe, has been one of the most important supporters for Gov. Scott Walker of Wisconsin.
  • Mr. Grebe said his organization has had an interest in challenging public employee unions for about 15 years, supporting groups that do so on the policy level. He said support for legal action in the same area was “a natural extension” of these efforts.
  • it is difficult to find evidence of a single coordinating body that has directed money toward the Center for Individual Rights and its legal campaign to allow public employees to opt out of union fees.
  • Mr. Piereson, in an interview, acknowledged that there was both considerable suspicion among conservatives toward public employee unions and frequent communication among donors and employees of organizations on the right about efforts to rein in these unions. But, he said, this did not amount to a conspiracy. He called the coordination “diffuse, decentralized.”
Javier E

He Beat Coronavirus. Now His Blood May Help Save Lives. - The New York Times - 0 views

  • Hackensack’s study is expected to expand as more volunteers who have been infected with the virus meet a crucial threshold: Candidates must be healthy for at least 14 days and free of all traces of the virus. Of more than 3,000 people who have offered to be donors, only 38 have met the initial screening criteria.
  • A donor’s blood must also have high levels of antibodies, proteins made by the immune system to attack the virus.
  • The antibody-rich blood product, known as convalescent plasma, has not yet been proven to help those sick with Covid-19, the disease caused by the coronavirus. “But this is one of the only treatments that we have at present,” the Mayo Clinic notes on its website.
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  • When his hospital asked for volunteers for a study of an emerging Covid-19 therapy, Dr. Planer was among the first to sign up. His blood carries an especially valuable quantity of antibodies, Dr. Donato said.
  • While there is no evidence that convalescent-plasma treatments can help with Covid-19, the technique has been used to fight other viruses, including Ebola, influenza and severe acute respiratory syndrome, or SARS.
  • Enthusiasm for the potential treatment grew after a paper published in the Journal of the American Medical Association on March 27 suggested that a small study of five critically ill patients in China had shown promising results.
  • The National Covid-19 Convalescent Plasma Project is a related effort that began several weeks ago as a clearinghouse for information and a way to match willing plasma donors with hospitals and doctors authorized to perform infusions.
  • In addition to being healthy and showing no signs of infection after testing positive for the virus, potential donors must satisfy all other requirements for giving blood.
ethanshilling

Why the G.O.P. Can't Quit Trump - The New York Times - 0 views

  • On Saturday, before a roomful of top Republican donors, former President Donald Trump called Senator Mitch McConnell a “stone cold loser” — and worse.
  • On Monday, Mr. Trump was rewarded with the first “Champion for Freedom” award, handed out by none other than the National Republican Senatorial Committee, the campaign finance arm of the Republican caucus that Mr. McConnell leads.
  • Big donors are beyond tired of Mr. Trump’s antics, but his small-dollar fund-raising is through the roof. If Mr. Trump is in a tug of war with the Republican establishment, he appears to have the upper hand — not just in the polls, but also in dollars.
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  • One establishment Republican insider with fears about Mr. Trump’s continued influence on the party told me today that the fund-raising totals were far more worrisome to moderate Republicans than his outlandish statements on Saturday — which felt like old hat.
  • “What surprised people and took them aback was the $85 million he raised,” the person said in a phone interview. “That is a bigger problem, frankly, than what he says.
  • It bears noting that the first quarter of the year, running from January through March, included the Jan. 6 insurrection at the U.S. Capitol and the fallout from Mr. Trump’s refusal to fully denounce the perpetrators.
  • Robert Cahaly, a Republican pollster and strategist, said that this trend was only the latest example of how Mr. Trump has shifted the power in Republican politics away from major corporations and establishment figures, and toward the grass roots — a demographic he firmly controls.
  • Even as two-thirds of Americans said in a CNN poll last month that they disapproved of how Mr. Trump had responded to the Jan. 6 attack, 63 percent of Republicans said he had responded to it well.
  • Mr. Trump’s command over small-dollar donors in the Republican base is enormous — as is his popularity. Which means that the very National Republican Senatorial Committee that gave Mr. Trump an award on Monday is holding its breath ahead of 2022.
  • Last week, the Senate Leadership Fund — a super PAC that funds Senate Republican campaigns — announced that it would back Ms. Murkowski in her bid for re-election.
carolinehayter

At least 1 person killed and 5 wounded after a shooting at a Texas office park, police ... - 0 views

  • GOP group tells online donors: Give every month or 'we will have…
  • One person was killed and at least five others were wounded -- four of them critically -- in a shooting at an industrial park in Bryan, Texas, on Thursday afternoon, police said.
  • Officers responded to the scene but the shooter was gone by the time officers got there, Buske said.
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  • He said police found at least one person dead and five people shot. Four of them were taken to the hospital in critical condition and the fifth was in "noncritical" condition, Buske said.
  • Police believe the gunman was an employee of the business, Buske said, and police are investigating the motive.
katherineharron

President Trump took photos, had roundtable with donors at fundraiser hours before test... - 0 views

  • President Donald Trump's big-dollar fundraiser at his New Jersey golf club went on as planned Thursday night despite the President and staff knowing he had been exposed to coronavirus.
  • Trump attended three events at the fundraiser: an indoor roundtable, an indoor VIP reception -- donors had a socially distant photo opportunity with him
  • Donors that gave $250,000 were able to participate in a roundtable, photo opportunity and reception with the President, according to the event invite.
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  • Three attendees told CNN that most people at the events were not wearing masks; all three say they have not been contacted by any contact tracers.
  • The decision to travel and participate in the fundraiser despite the knowledge of being exposed to the coronavirus is another example of the White House and administration's lackadaisical approach to mask wearing and Covid-19 prevention policies.
  • The decision was made to still hold the fundraiser despite Trump's exposure; attendees say they were not notified the President had been exposed to Covid-19.
  • If donors gave, or raised, $50,000, they were invited to a photo opportunity with Trump.
  • They said each individually conversed with Trump for less than a minute while the photo was taken and maintained six feet of distance. The attendees at the VIP reception did not wear masks, they said, but event staff did.
  • New Jersey resident Katherine Hermes told CNN that Trump stood at a podium, socially distant from the attendees, and held a question and answer session.
  • In response to the question about arrests and prosecutions, she remembers Trump responding that there was so much he couldn't tell the crowd.
  • "We unfortunately write today to notify you that, as you have probably seen, President Trump confirmed late last night that he and the First Lady were tested for COVID-19 and produced positive test results," the email, obtained by CNN, reads. "Out of an abundance of caution, we want to call this to your attention."
  • The two Texas attendees said they would be self-isolating and have been tested for coronavirus. Hermes told CNN she was only present for the outdoor speech, and would not quarantine or get tested, saying, "I was nowhere near the man."
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