"I never did give anybody hell. I just told the truth and they thought it was hell." Harry S. Truman
Wednesday, April 02, 2014
Bernie Sanders: Supreme Court is paving the way to an oligarchic society
Saturday, November 09, 2013
After Cuccinelli Loss, Conservatives Suddenly Realize Campaign Spending Is a Problem
Saturday, September 14, 2013
Secret Koch Fund Decries ‘Corporate Welfare’ And Stimulus But Funds Their Top Defender
1. The Export-Import Bank: The federal government’s official credit agency finances and insures foreign purchases of American goods for customers unable or unwilling to accept credit risk. Noting that much of the agency’s works aids Fortune 500 companies, Senator Bernie Sanders (I-VT) once described it as “corporate welfare at its worst.” But the Chamber strongly supports the Export-Import Bank, calling it “especially important to small- and medium-sized businesses.”2. The financial sector bailout: The 2008 Troubled Asset Relief Program (TARP), passed by Congress and signed by President George W. Bush, offered up to $700 billion to bail out the nation’s banking industry after the subprime lending crisis caused its meltdown. The Chamber “strongly supported the creation of TARP.”3. The auto industry bailout : Rejecting Mitt Romney’s call to “Let Detroit Go Bankrupt,” the Obama administration stepped in in 2009 with a bailout for the American automobile manufacturers— and helped save the industry. The Chamber lobbied heavily for the bill.4. The airline industry bailout: In 2001, after the 9/11 hijackings, President Bush moved quickly to bail out the struggling airline industry. In an October op-ed, the Chamber’s president noted that the move was well worth the cost. “Without the timely action from President Bush and Congress, which the U.S. Chamber of Commerce fully supported,” he wrote, “our airline industry–the envy of the world–would not have survived.”5. Ethanol subsidies: In a 2003 letter to President Bush, the Chamber enthusiastically backed a bill that would “boost job-creating highway capital investment spending while promoting the production and use of ethanol.” The
bill, which did not make it out of committee, aimed to assist ethanol producers by establishing a tax credit for ethanol production.
Thursday, January 17, 2013
Marco Rubio’s PAC Spends Five Times More On Overhead Than Political Contributions
Sen. Marco Rubio (R-FL)’s leadership PAC, the Reclaim America PAC, boldly lists its motto as “electing conservatives to the United States Senate.” But despite raising more than $1.6 million in the 2012 cycle, less than five percent of that money went to other political candidates.
Thursday, February 02, 2012
Michigan Democrats are taking 1st shot at corporate funding with proposed ethics, campaign finance reform
•Prohibits state elected officials from getting state grants, or soliciting campaign contributions while in a state facility.
Wednesday, January 11, 2012
Scott Walker accused of violating over 1,000 campaign finance laws
Saturday, May 01, 2010
Secretive Right-Wing Plutocrats Use Front Groups To Attack New Campaign Finance Disclosure Bill
The status quo of electioneering allows corporate powers, billionaires, and even domestic subsidiaries of foreign corporations to essentially manipulate American elections without ever revealing themselves. The DISCLOSE Act is a tremendous start at addressing this crisis of open democracy. But predictably, secretive right-wing power brokers are pushing back. As soon as Van Hollen’s bill was introduced, front groups funded by the most elusive conservative elite fired back, swiftly criticizing the new transparency requirements as a so-called threat to their First Amendment rights:
– U.S. Chamber of Commerce: The DISCLOSE Act “stifles free speech.” Chamber President Tom Donohue quickly issued a statement condemning the bill as an attempt to “silence constitutionally protected speech and abridge First Amendment rights.” Donohue may feel threatened because the DISCLOSE Act undermines the very purpose of the Chamber: to attack
progressive reforms while concealing the corporate money behind those attacks. For instance, the Chamber is running millions of dollars of ads against Wall Street reform, but the ads only say they are paid for by the U.S. Chamber of Commerce. In fact, some of the nation’s largest financial conglomerates, including banks bailed out by taxpayers like CitiGroup, are funding the Chamber and in doing so, are underwriting these ads. Last year, the Chamber ran nearly $100 million dollars in advertising against health reform, dwarfing any other group for or against the bills in Congress. However, the Chamber never revealed that health insurance companies were secretly paying for much of those ads.– Howie Rich’s Front Group: The DISCLOSE Act is “disclosure overkill.” The Center for Competitive Politics, one of real estate tycoon Howie Rich’s many anti-government front groups, quickly slammed the bill and absurdly argued that the “stand by your ad” mandate “provid[es] no informational benefit and reduc[es] the amount of available political speech” in an ad. This laughable claim that more disclosure gives less information is a cynical cover to help Rich stay behind closed doors as he operates a massive political machine from the perch of his SoHo apartment. Rich funds the right-wing attack group, Club for Growth, as well as the Sam Adams Alliance, the libertarian group that helped Eric Odom mastermind the very first tea party protests. A PBS expose on Rich found that he had funneled $7 million dollars into anti-government state initiatives throughout the country, while carefully hiding his identity and relationship to the “movement.”
– David and Charles Koch’s Front Group: The DISCLOSE Act is a “gambit to chill speech.” John Samples, a staffer at the Cato Institute — an anti-government think-tank founded by Charles Koch and funded still by David Koch — wrote an op-ed decrying the bill for curbing the speech of foreign-owned companies and for exposing the corporate backers of ads. David Koch funds Americans for Prosperity, which runs millions of dollars of attack ads against clean energy and health reform. But Americans for Prosperity bills itself as a grassroots citizens group, and never reveals that the Kochs founded the group and continues to finance it. The Koch brothers also fund a network of other secretive front groups and think tanks, but almost none of these right-wing groups openly bare the Koch name.
Notably, the Cato Institute, the Chamber of Commerce, and the Center for Competitive Politics filed amicus briefs to the Supreme Court to help knock down campaign finance laws in the Citizens United case.
The legislation also bars foreign corporations with domestic subsidiaries, federal contractors, and TARP recipients who have not repaid their funds from spending their money on politics.
