Superrich Donors Turn Our Democracy Into Their
Plutocracy
By Jim Hightower
August 14, 2015 "Information
Clearing House" -
Once upon a time in our Good Ol' US-of-A,
presidential contenders and their political parties had to raise the
funds needed to make the race. How quaint.
But for the 2016 run, this quaint way of selecting
our candidates is no longer the case, thanks to the Supreme Court's
malicious meddling in the democratic process in its reckless
Citizens United decision. In that decision, the five members of the
Corporate Cabal decreed that "non-candidate" campaigns can take
unlimited sums of money directly from corporations. Therefore a very
few wealthy powers can pour money into these murky political
operations and gain unwarranted plutocratic power over the election
process.
And looking at the fundraising numbers, those
wealthy powers have definitely taken charge of the electoral game.
These very special interests, who have their own presidential
agendas, now put up the vast majority of funds and run their own
private campaigns to elect someone who will do their bidding.
So far, of over $400 million raised to back
candidates of either party in next year's race, half of the money
has come from a pool of only about 400 people — and two-thirds of
their cash went not to candidates directly but to corporate-run
super PACs. To get a get a grasp at what this looks like, take a
peek at the super PACs supporting Ted Cruz. Of the $37 million they
have raised, $36 million was pumped in by only three interests — a
New York hedge fund manager, a corporate plunderer living in Puerto
Rico and the owners of a franking operation who've pocketed billions
from the explosive use of this destructive drilling technology.
So while Jeb Bush, Ted Cruz, Scott Walker and gang
are the candidates, the driving forces in this election have names
like Robert Mercer, Norman Braman, Diane Hendricks, Dan and Farris
Wilks, Toby Neugebauer and Miguel Fernandez.
Who are these people? They are part of a small but
powerful coterie of multimillionaire corporate executives and
billionaires who fund secretive presidential super PACs that can
determine who gets nominated.
These elephantine funders play politics like some
superrich, heavy-betting gamblers play roulette — putting enormous
piles of chips on a name in hopes of getting lucky, then cashing in
for governmental favors.Let's take a look
at the funders:
—Robert Mercer, chief of the Renaissance
Technologies hedge fund, has already put more than $11 million into
Ted Cruz's SuperPAC.
—Norman Braman, former owner of the Philadelphia
Eagle's football team, has $5 million down on Marco Rubio
—Diane Hendricks, the billionaire owner of a
roofing outfit and a staunch anti-worker activist, is betting $5
million on Scott Walker, as are the Koch Brothers.
—Mike Fernandez, a billionaire investor in
health-care corporations, has backed Jeb Bush with $3 million.
—Ronald Cameron, an Arkansas poultry baron, is
into Mike Huckabee for $3 million.
These shadowy super PACs amount to exclusive
political casinos, with only a handful of million-dollar-plus
players dominating each one (including the one behind Hillary
Clinton's campaign). These few people are not merely "big donors" —
they are owners , with full access to their candidate and an
owner's prerogative to shape the candidate's policies and messages.
But one of these new players assures us that
they're not buying candidates for corporate and personal gain, but
"primarily (for) a love economic freedom."
Sure, sweetheart — all you want is the "economic
freedom" to pollute, defraud, exploit, rob and otherwise harm
anything and anyone standing between you and another dollar in
profit. The problem with the GOP presidential debates is that the
wrong people are on stage. These treacherous few donors are using
their bags of cash to pervert American democracy into rank
plutocracy. Why not put them on stage and make each one answer
pointed questions about what special favors they're trying to buy?
To find out more about Jim Hightower, and read
features by other Creators Syndicate writers and cartoonists, visit
the Creators Web page at
www.creators.com .
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