Monday, March 10, 2014

Worry About Presidential, Congressional, Party Power: Ha —Think Much Bigger

Over Last 14 Years
(2014 only to date)

Election Date: November 4, 2014
(Think hard about that)

Short segment (3 minutes) follows from NBC News — an absolute eye-opener but not for many of us who already saw this coming. It will get a whole lot worse. Data comes from Open Secrets here (great site).

Many people worry about presidential power (i.e., Executive over reach they say), which I address below (the following post), but that is nothing compared to the USSC money rulings now totally out of control along with a handful of billionaires bent on trying to buy and own the country for their own personal benefit — and not the general good of us all.

A few more facts - from my personal tracking on this subject:

Fact: Less than 200 people provided funds (about 80% of the total) towards the so-called “Super PAC” money in 2012. 

Half of those money providers were from three billionaires: David and Charles Koch and Sheldon Adelson. 

The Koch brothers alone spent about $407 million, and Sheldon Adelson dropped $100 million. Their top candidates did not win, but that massive amount money helped their choices stay on top and beat off lesser-funded or independently wealthy candidates while keeping the field uneven and certainly unfair.  

Now in 2014 already this early, the “For Sale” sign is clearly out again all over DC and countryside in state capitals. And, the “Fat Cat” checkbooks are full and being opened by itchy fingers.

Why is that? Basically, it is due in large part following that awful Citizens United v. the FEC (5-4) ruling in 2010. The ruling that many predicted “opened up the flood gates of Hell for big money to flow in.” 

The Koch’s and Adelson and a few others (very few I might add) are excellent examples. 

Do your own research while keeping these two quotes in mind:

From Andrew Carnegie in “Gospel of Wealth" (sit while reading this one):  “Average Americans should welcome the concentration of wealth in the hands of a few ... because of their superior wisdom, experience, and ability to be rich would ensure benefits for all of us.” 

My favorite is from former Justice John Paul Stevens in his dissent of Citizens United: “This ruling threatens to undermine the integrity of elected institutions across the Nation. The path the Court has taken to reach its outcome will, I fear, do damage to this institution.”  

Truer words were never spoken by Justice Stevens.

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