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American Oligarchy: 400 Families Represent 50% Of Money Raised by 2016 Presidential Candidates So Far

Tyler Durden's picture




 

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Ever since I started this website in 2012, one of my primary objectives was to convince readers that the American system of government is nothing like what we are told in school and via the oligarch-owned mainstream media. That the country has become so captured and corrupted by sociopathic oligarchs, that a neo-feudal modern serfdom was emerging where the opportunities to enjoy rising standards of living for the vast majority of people was rapidly becoming a pipe dream.

I think many readers appreciated my warnings, but it wasn’t until an academic study from Princeton and Northwestern came out and factually proved it, that it become undeniable to many people. Here’s a brief excerpt from that post titled, New Report from Princeton and Northwestern Proves It: The U.S. is an Oligarchy:

Despite the seemingly strong empirical support in previous studies for theories of majoritarian democracy, our analyses suggest that majorities of the American public actually have little influence over the policies our government adopts. Americans do enjoy many features central to democratic governance, such as regular elections, freedom of speech and association, and a widespread (if still contested) franchise. But we believe that if policymaking is dominated by powerful business organizations and a small number of affluent Americans, then America’s claims to being a democratic society are seriously threatened.

Ever since that study came out, I’ve noticed more and more people publicly admitting that the U.S. in nothing more than an oligarchy. Even former U.S. President Jimmy Carter said it last week.

Meanwhile, just today, I came across the latest shocking proof of how bought and paid for “our” political system really is. We find out from the New York Times, that only 400 families account for nearly half of all spending on the 2016 Presidential election so far. The Dark Ages almost look democratic by comparison.

From the NY Times:

Fewer than four hundred families are responsible for almost half the money raised in the 2016 presidential campaign, a concentration of political donors that is unprecedented in the modern era.

 

The vast majority of the $388 million backing presidential candidates this year is being channeled to groups that can accept unlimited contributions in support of candidates from almost any source. The speed with which such “super PACs” can raise money — sometimes bringing in tens of millions of dollars from a few businesses or individuals in a matter of days — has allowed them to build enormous campaign war chests in a fraction of the time that it would take the candidates, who are restricted in how much they can accept from a single donor.

 

A New York Times analysis of Federal Election Commission reports and Internal Revenue Service records shows that the fund-raising arms race has made most of the presidential hopefuls deeply dependent on a small pool of the richest Americans.

And that’s exactly how the oligarchs like it.

To peruse the top donors in presidential politics is to take a cross section of the wealthiest 1 percent of Americans. At least 67 are billionaires or married to one, according to Forbes.

 

“In the donor world, it is primarily a love of economic freedom,” said Chart Westcott, a Dallas private equity investor who has contributed $200,000 to Unintimidated PAC, a group backing Gov. Scott Walker of Wisconsin. “That’s the biggest drive for most donors — more prosperity for the country as a whole, as well as for themselves.”

“More prosperity for the country as a whole…”

Really? Where is this widespread prosperity, at the end of the rainbow in a leprechaun’s hat?

Senator Ted Cruz of Texas, a favorite of the Tea Party movement, has raised the most cash from the fewest donors. A collection of super PACs supporting Mr. Cruz raised $37 million, nearly all of it from three families. Robert Mercer, a deeply private hedge fund investor from New York, contributed $11 million, making him the top known political donor in the country so far this election cycle.

Ted Cruz knows how to say the right things, but he knows where his bread is buttered.

But millions of dollars also came from corporate entities with no clear link to a known individual or business: One million-dollar donor to the pro-Bush super PAC is Jasper Reserves, a limited liability corporation established two years ago in West Virginia, where records provided few clues about its owners.

 

Big donors are not only patrons of the candidates but also confidantes, with great access to the candidates — and, sometimes, business before them.

 

Mr. Braman has previously subsidized Mr. Rubio’s salary, and employed his wife. Mr. Fernandez, who became a billionaire after building several health care companies, emailed with Mr. Bush often when he was governor of Florida to ask about doing business with the state, Mr. Bush’s emails show.

 

The largest single donation to America Leads, a group supporting Gov. Chris Christie of New Jersey, came from a Boston investor seeking to build a $4 billion casino resort there. At least five donors to Mr. Walker’s super PAC are companies that received hundreds of thousands of dollars in aid from Wisconsin’s economic development agency, according to state records.

 

“Are they going to return people’s phone calls? Yeah, I’m sure they’re going to return people’s phone calls,” Mr. Keating said. “But I don’t think it’s going to drive policy.”

Apparently Mr. Keating never heard of a little family called “The Clintons.”

 

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Tue, 08/04/2015 - 13:30 | 6390223 Bill of Rights
Bill of Rights's picture

Hope and Change baby....

Tue, 08/04/2015 - 13:35 | 6390250 froze25
froze25's picture

Go Rand Paul.

Tue, 08/04/2015 - 13:39 | 6390267 Professor Blunt
Professor Blunt's picture

Putting a competent captain at the helm is not going to save the ship thats already started down the waterfall.

Tue, 08/04/2015 - 13:48 | 6390327 froze25
froze25's picture

It only takes one executive order to rescind all the previous ones and abolish all the federal agencies.  Not that I think that will happen but that's all it takes.

Tue, 08/04/2015 - 14:00 | 6390394 Bunghole
Bunghole's picture

Aint gonna happen since Rand is taking his orders from Tel Aviv.  Did you miss his trip to the Wailing Wall?

He's controlled opposition.  Nothing more.

Tue, 08/04/2015 - 14:45 | 6390647 pods
pods's picture

His beanie wearing picture would have been better if he was deep throating a corn dog.

All these fucks can choke on a bag of dicks.

All the voters out there are like beaten wives, running around showing everyone how caring "their" guy is, that is, when he's not making them fuck his friends.

pods

Tue, 08/04/2015 - 19:26 | 6391668 Deathrips
Deathrips's picture

NeoFuedalism....2.0

 

Feudals on the menu

 

RIPS

Tue, 08/04/2015 - 15:03 | 6390727 Bush Baby
Bush Baby's picture

So let's see the list of 400

Tue, 08/04/2015 - 15:13 | 6390773 Chief Wonder Bread
Chief Wonder Bread's picture

The real issue is you can't count on the wealthiest of today as having the country's best interests at heart. When the Four Hundred was mostly WASP, you assumed if you were middle-class that their interests were reasonably aligned with your own. Not anymore.

Ask AIPAC why.

Tue, 08/04/2015 - 18:19 | 6391472 New_Meat
New_Meat's picture

Super-Pacs are People too!

Tue, 08/04/2015 - 13:50 | 6390337 SafelyGraze
SafelyGraze's picture

farrakhan has set his sights on 400 families

or not

harder to energize the listener by listing a buncha families

plus, they donate to charities

Tue, 08/04/2015 - 18:24 | 6391491 New_Meat
New_Meat's picture

Does Calypso Louie have a target list?  After his set of comments (more than just this), I'd bet he has a list of people he'd be interested in involving into the future, for future "opportunities".

- Ned

Tue, 08/04/2015 - 14:13 | 6390469 813kml
813kml's picture

I confess to being 50% of Lindsey Graham campaign funding, I mailed him a $5 check last week.

Tue, 08/04/2015 - 14:34 | 6390583 Obamamerica
Obamamerica's picture

Did he send you a pair of his panties for your donation?

Tue, 08/04/2015 - 14:58 | 6390709 samsara
samsara's picture

No,  He's still in the closet WITH his panties.

Tue, 08/04/2015 - 13:38 | 6390264 realmoney2015
realmoney2015's picture

Let's see who got the most money from small donorsd in 2012? Answer: Ron Paul. His 'money bombs' gave him millions and millions and they came from small donoations from everyday people.

Who is getting the most money from small donors in the 2016 campaign? Answer: Rand Paul. It's obvious that their hgameplan is going to be the same this year. Ignore and marginalize his campaign at every turn.

Tue, 08/04/2015 - 13:46 | 6390308 froze25
froze25's picture

The reason I support Rand is simply because having him be in the debates forces the Rank and  File Republicans to hear him chime in on issues and raise other issues on prime time TV.  I am a active member in the local Republican party simply so that I can get the ears of the electeds and the other party people.  I have seen them go from blind support of Peter King in 2009 to calling him a sell out traitor in 2014.  The Rank and file on the right in Long Island are waking up.  We just need to keep hammering the message.

Tue, 08/04/2015 - 14:09 | 6390451 MalteseFalcon
MalteseFalcon's picture

Sorry, but I see right through the Republican scam.  Which is to create a dozen or so candidates from various demographic groups and political shades, and get the attention of the otherwise disinterested.  These candidates, including Trump, are faux.  They are put up jobs.

Jeb Bush is your nominee.  Should I have said "spoiler alert"?

So I'm not wasting any time with the clowns in this circus.

Tue, 08/04/2015 - 14:14 | 6390473 Bunghole
Bunghole's picture

^^This^^

Tue, 08/04/2015 - 14:23 | 6390525 saints51
saints51's picture

Can't believe you were not attacked. People want a saviour and think it will be in man. Funny creatures when you grab popcorn and observe.

Tue, 08/04/2015 - 19:29 | 6391675 Deathrips
Deathrips's picture

They think the system is run by one man of their choice...what abunch of pathetic Losers.

 

RIPS

Tue, 08/04/2015 - 20:56 | 6391895 Chuck Walla
Chuck Walla's picture

Jeb Bush as savior. How nauseating.

FORWARD SOVIET!

Tue, 08/04/2015 - 16:32 | 6391092 hound dog vigilante
hound dog vigilante's picture

If you are right (and I think you are), then the sham two-party system will expire sooner rather than later. 

There is now a critical mass of informed+independent thinkers & doers of the conservative/libertarian/distributist variety, and another Bush candidacy will trigger the formation of a third/rogue party. Yes, this will empower the Left, but there is no other way for this to play-out... Leftist lemmings will toe the line, but independents are finished with the false logic/choice of "the lesser of two evils".

The GOP establishment has already tipped their hand - they are very comfortable with irrelevancy so long as oligarchy & incumbancy guarantees passage on the globalist ark + all the perks that go with it.

 

"Those that make peaceful revolution impossible make violent revolution inevitable"  - JFK

Tue, 08/04/2015 - 16:52 | 6391172 Bullionaire
Bullionaire's picture

Funny you would use the word "ark." Dual passport required, now boarding for Tel Aviv.

Tue, 08/04/2015 - 14:28 | 6390561 r00t61
r00t61's picture

Were you active in the (R) party in 2012 when they pulled out every dirty procedural trick in the book to block Ron Paul from the presidential nomination?

Tue, 08/04/2015 - 14:36 | 6390598 Obamamerica
Obamamerica's picture

Its good to have Rand, Ted, and Scott in the debate. Most importantly, The "Don", who does not need to take contributions from any corporate masters. 

 

I prefer to see Don as Prez. He can have Ted be his 1st Supreme Court pick, put Trey Gowdy as AG, and Scott Walker can be his VP. Rand Paul can be the new Sec of State.

 

Wouldn't that be a hoot!

Tue, 08/04/2015 - 18:34 | 6391521 New_Meat
New_Meat's picture

THE Donald would b a mighty bad follower to a mighty bad current administration.  Donald ain't no follower of "Law" let alone of the "Constitution".

I put "Constitution" into quotes not to disrespect the original document, rather, to piss on the current interpretations.

So: I'd like to see u hog-tied and being abused. Now, that might warrant a hoot.

- Ned

Tue, 08/04/2015 - 14:02 | 6390411 Crash N. Burn
Crash N. Burn's picture

"Let's see who got the most money from small donorsd in 2012? Answer: Ron Paul."

 

Let's see who recieved the most from small donors in 2016? Answer: Bernie Sanders.

"As of its most recent reporting, the campaign raised $15 million from 400,000 donations from 200,000 donors."

Bernie Sanders Is Out-Fundraising EVERY GOP Candidate, But..
Tue, 08/04/2015 - 16:54 | 6391186 Bullionaire
Bullionaire's picture

Just what we need. After a stealth socialist, an avowed socialist.

 

We're doomed.

Tue, 08/04/2015 - 18:38 | 6391535 New_Meat
New_Meat's picture

to both of u old dogz:

Let's appreciate Bernie for his honesty and plain spoken-ess.  And his wishing to close the borderz (for his union budz, but that is OK)

 

Tue, 08/04/2015 - 13:51 | 6390343 doctor10
doctor10's picture

We gonna need to know which other COUNTRY'S the remaining 50% is coming from.

Tue, 08/04/2015 - 16:04 | 6390971 rwe2late
rwe2late's picture

 The article seemed to suggest

that most of the remaining 50% came from corporations

with opaque ownership.

Tue, 08/04/2015 - 16:24 | 6391055 venturen
venturen's picture

always examples of donations to the GOP...where public and private unions donate the most money! Then of course there is the self funding Hillary Beast!

Tue, 08/04/2015 - 13:31 | 6390230 MFL8240
MFL8240's picture

This was caused by the Supreme Court!

Tue, 08/04/2015 - 13:36 | 6390252 Professor Blunt
Professor Blunt's picture

There still are checks and balances in government whether they are followed or not. To lay blame on one cabinet is severly underestimating the problem.

Tue, 08/04/2015 - 13:49 | 6390331 The Delicate Genius
The Delicate Genius's picture

not by Citizens United it wasnt,, if that's the Daily Kos-like misapprehension of that case you'r einclined to spread.

And Super PACs came out of some earlier case.

Donations by billionaires is a far larger problem than corporate donations.

corporations have shareholders, a board, consumers they dont want to tick off. They tend to give to both parties.

But guys like Sheldon Adelson and Haim Saban - Zionist pigs and warmongers, can give tens of millions to a Gingrich or the newly vile Randy Paul and Chris Fattie to try to buy the US Presidency for the sole purpose of endless wars for Ersatz Israel.

Tue, 08/04/2015 - 16:25 | 6391061 venturen
venturen's picture

ya and Soros, Buffet, Steyer are the good guys?

Tue, 08/04/2015 - 13:33 | 6390235 Professor Blunt
Professor Blunt's picture

Most of the money comes from only a few people because they know what the name of the game is. The funny part is how enfranchised people think they are.

Tue, 08/04/2015 - 13:34 | 6390243 KnuckleDragger-X
KnuckleDragger-X's picture

My idea is requiring Congress to only accept donations from within their state, NY and RI could both be fun.....

Tue, 08/04/2015 - 13:36 | 6390244 SandiaMan
SandiaMan's picture

Boycott their businesses.Oops I Forgot you can't boycott the military industrial complex.

Tue, 08/04/2015 - 13:42 | 6390288 chunga
chunga's picture

Lately ZH has been populated by a hootenanny of partisans cheerleading for their favorite crony politicians.

A boycott would be good. On "eLection day" cancel any appointments, turn off all internet, tv, media shit, go nowhere, buy nothing.

Tue, 08/04/2015 - 16:30 | 6391016 rwe2late
rwe2late's picture

 There are third party candidates, and possibly other issues on the ballot.

Voting for those candidates is likely a more visible protest than staying at home.

 

IF you absolutely refuse to vote as protest,

shouldn't you also make a sign "Protest, Don't Vote in rigged elections",

and picket a voting booth.

Otherwise, absent any visible protest and motive,

there is merely the impression of either lazy insouciance,

or possibly opposition to all voting, whether rigged or not.

Tue, 08/04/2015 - 13:37 | 6390247 JustObserving
JustObserving's picture

The best government money can buy

Carlin - The Real Owners Of America

"The real owners are the big wealthy business interests that control things and make all the important decisions. Forget the politicians, they're an irrelevancy. The politicians are put there to give you the idea that you have freedom of choice. You don't. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They've long since bought and paid for the Senate, the Congress, the statehouses, the city halls. They've got the judges in their back pockets. And they own all the big media companies, so that they control just about all of the news and information you hear. They've got you by the balls. They spend billions of dollars every year lobbying ­ lobbying to get what they want. Well, we know what they want; they want more for themselves and less for everybody else." 
 
"But I'll tell you what they don't want.  They don't want a population of citizens capable of critical thinking. They don't want well-informed, well-educated people capable of critical thinking. They're not interested in that. That doesn't help them. That's against their interests. They don't want people who are smart enough to sit around the kitchen table and figure out how badly they're getting fucked by a system that threw them overboard 30 fucking years ago. 
 
"You know what they want? Obedient workers ­ people who are just smart enough to run the machines and do the paperwork but just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, reduced benefits, the end of overtime and the vanishing pension that disappears the minute you go to collect it. And, now, they're coming for your Social Security. They want your fucking retirement money. They want it back, so they can give it to their criminal friends on Wall Street. And you know something? They'll get it. They'll get it all, sooner or later, because they own this fucking place. It's a big club, and you ain't in it. You and I are not in the big club."
 
"This country is finished."

Tue, 08/04/2015 - 13:37 | 6390258 large_wooden_badger
large_wooden_badger's picture

Dammit Tylers, where is the link to that bumper sticker? I want 100 of them.

Tue, 08/04/2015 - 13:37 | 6390259 NoDebt
NoDebt's picture

Small "suggested" homework assignment: read DeTocqueville, 'Democracy in America'.  

This may sound like pretty basic stuff for us old-heads but it's come to my attention that almost nobody younger than ~40 has ever been requred to read this throughout any of their schooling, including College.  I don't believe that's by accident, so do yourself a favor and read it if you've not had the pleasure before. 

 

Tue, 08/04/2015 - 13:52 | 6390351 Bunghole
Bunghole's picture

The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.

Classic DeTocqueville

Tue, 08/04/2015 - 14:39 | 6390609 Obamamerica
Obamamerica's picture

DeTocqueville has been replaced by 

Howard Zinn's "A People's History"
Tue, 08/04/2015 - 13:38 | 6390261 AccreditedEYE
AccreditedEYE's picture

The Big Crash was supposed to correct this. Those with the most amount of assets suffer most during such a storm. Don't change the game then the players never change either.

Tue, 08/04/2015 - 13:38 | 6390262 atthelake
atthelake's picture

Whores, every one.

Tue, 08/04/2015 - 13:39 | 6390270 decon
decon's picture

"The Dark Ages almost look democratic by comparison."

The system has been perverted to the point where it's pretty fucked up but statements like the above are beyond bombastic.  Reprinting this kind of shit really eats away at ZH's credibility.  By comparison making that statement during the Dark Ages would have earned you a pike up the ass.

Tue, 08/04/2015 - 13:40 | 6390273 Seasmoke
Seasmoke's picture

And how many of those 400 are Tribe members ?? Wow what are the odds. Then try and figure out the % of Tribe to population. And any rational person can only come up with something is really fucking wrong here !!!

Tue, 08/04/2015 - 13:40 | 6390277 SmittyinLA
SmittyinLA's picture

"Cruz raised $37 million nearly all from 3 families" 

You said that but not which families? 

Tue, 08/04/2015 - 14:15 | 6390482 Bunghole
Bunghole's picture

It's in the NYT link

Tue, 08/04/2015 - 13:41 | 6390284 Grinder74
Grinder74's picture

Maybe if we had elected the son of a poor villager from Kenya, things would be different now. /s

Tue, 08/04/2015 - 13:42 | 6390285 jcdenton
jcdenton's picture

And then there is the Big Four ..

Tue, 08/04/2015 - 13:43 | 6390292 saints51
saints51's picture

I consider a family warm and loving who helps others in a time of need. This is more of satan spawn who is lower than snake shit.

Tue, 08/04/2015 - 13:44 | 6390299 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

Along with the Global Economy, I control the Oligarchs, their clubs, their families, and their profits, and losses. Furthermore, I am in their Club, but they can't get into my Club unless they are invited, Mr. Kreiger.

Tue, 08/04/2015 - 13:44 | 6390300 Zarbo
Zarbo's picture

I want the bumper sticker.  I may not like your sticker's statement, but I believe in your right to stick it.

 

Tue, 08/04/2015 - 13:46 | 6390301 The Delicate Genius
The Delicate Genius's picture

‘Commentary’ says amount of US political money coming from Jews is ‘staggering’

http://mondoweiss.net/2012/03/commentary-says-amount-of-us-political-mon...

Jewish donors prominent in presidential campaign contributions

http://www.timesofisrael.com/jewish-donors-prominent-in-presidential-cam...

http://www.occidentaldissent.com/2009/10/30/jewish-power-campaign-contri...

When a highly ethnocentric group, largely loyal dually or primarily to a belligerent foreign state, which is only 2.5% of the population, is by various estimates 40-60% of private donations to BOTH of the only 2 major parties...

AND NO ONE WILL TALK ABOUT IT

You no longer have a democracy. You have a proxy ethnarchy.

One in which there more American Jews join the IDF than the US Army, one in which there are so many Jewish pro-Israel advocacy groups a group was formed out of the Presidents of some of them... a group which has -in JINSA - the only ethnic or religious DC think tank dedicated to co-promoting US and Israeli militarism as if the two vastly different states have perfectly aligned interests...

[JINSA Behind Drive To
Cover-Up Israeli Spy Scandal

http://www.rense.com/general18/jinsa.htm ]

and where most of all you can talk about absolutely anything you like except that group's power.

....

How to talk about Jewish money influencing politics without getting into trouble

http://www.theoccidentalobserver.net/2014/08/how-to-talk-about-jewish-mo...

Tue, 08/04/2015 - 13:49 | 6390332 Crocodile
Crocodile's picture

Let's guess; you hate the Jews and blame them for your problems.  People's inherited nature is the issue not the ethnicity; look at the correlation to the moral decline with the world decline.  The spiritual reality manifests in physical reality.  Man is born to trouble as the sparks fly upward.

Tue, 08/04/2015 - 14:19 | 6390383 The Delicate Genius
The Delicate Genius's picture

zzzzzz

get some new material. This rhetoric isn't going to work for you.

The massive contribution by a tiny group of people doesn't merit discussion because they're Jews?

Fuck you.

"TO SEE WHAT IS IN FRONT OF ONE'S NOSE REQUIRES A CONSTANT STRUGGLE."
-- George Orwell, 1946

"THERE IS NOTHING MORE FRIGHTENING THAN ACTIVE IGNORANCE."
-- Goethe

----------

"Wherever the Jews settled [in their Diaspora] one observes the development of anti-Semitism, or rather anti-Judaism ... If this hostility, this repugnance had been shown towards the Jews at one time or in one country only, it would be easy to account for the local cause of this sentiment. But this race has been the object of hatred with all nations amidst whom it settled. Inasmuch as the enemies of Jews belonged to diverse races, as they dwelled far apart from one another, were ruled by different laws and governed by opposite principles; as they had not the same customs and differed in spirit from one another, so that they could not possibly judge alike of any subject, it must needs be that the general causes of anti-Semitism have always resided in [the people of] Israel itself, and not in those who antagonized it."
Bernard Lazare,
French Jewish author and later Zionist, written at the turn of the 20th century,
Antisemitism. Its History and Causes. Britons Publishing Co., London, 1967

- http://radioislam.org/thetruth/antis.htm

-------

http://www.aishdas.org/avodah/faxes/mmOnNachriim.pdf

THE CAUSES OF HOSTILITY TOWARDS JEWS: A HISTORICAL OVERVIEW
http://holywar.org/jewishtr/02hos.htm

Tue, 08/04/2015 - 14:53 | 6390683 samsara
samsara's picture

Let me guess,  you take any statistical anomolies being brought up and turn it into a race/religious issue?

 

 

Tue, 08/04/2015 - 17:27 | 6391303 Money Boo Boo
Money Boo Boo's picture

do the math numbnutt!!

 

a statistical anomoly has meaning, there's is an idea that creates that anomoly which has meaning, ergo there is an issue which has to do with a certain group looking for certian powers and control.

 

just because the ideas are represented by numbers doesn't mean it is devoid of meaning

Tue, 08/04/2015 - 13:46 | 6390311 Crocodile
Crocodile's picture

Politicians and their masters motto's: "It is very GOOD for you as long as it is not for U.S.!" & "Since it is good for us, then it is NOT for you".

Tue, 08/04/2015 - 13:55 | 6390363 kchrisc
kchrisc's picture

The NY Times is really gloating over Zion's domination of the list of the top-400 purchasers of Zion's colonial governors.

Liberty is a demand. Tyranny is submission..

 

Save the "donations," and just "return."

Tue, 08/04/2015 - 13:56 | 6390375 The Delicate Genius
The Delicate Genius's picture

Why Are Russia and China (and Iran) Paramount Enemies For the U.S. Ruling Elite?

http://www.counterpunch.org/2014/05/23/why-are-russia-and-china-and-iran...

Tue, 08/04/2015 - 13:58 | 6390386 reader2010
reader2010's picture

 

 

"The lack of money is the root of all evil."

- Mark Twain

Tue, 08/04/2015 - 14:01 | 6390403 TrumpXVI
TrumpXVI's picture

We were never a democracy.  We were a republic.  The danger to democracy is mob rule.  The danger to a republic is that a small number of people (representatives) are vulnerable to being bought by the highest bidders....and apparently, that is exactly what has happened.

Tue, 08/04/2015 - 14:12 | 6390467 chunga
chunga's picture

The word "eager" works better than "vulnerable" At this stage it might be time to give mobs a chance.

Tue, 08/04/2015 - 14:39 | 6390607 doctor10
doctor10's picture

The whole key to preventing congress from being bought had to do with congressional apportionment-the number of individuals represented by a congressman.

 

The number of seats in the House of Representatives was fixed  around 1890's.  Seats have been added for states and territiories since such that presently it is limited at 435 seat (basically 1:700000-one congressman/seven hundred thousand citizens as of present)

 

Original congressional apportionment was set at 1:30000.

if adhered to today, this would be 10,000 congressional representatives. They would have to meet electronically from within their districts-far, far away form the temptations of K St lobbyists. their office would be accessible to their constituents

This alone would result in dilution of Oligarch power completely

 

Tue, 08/04/2015 - 15:15 | 6390785 TrumpXVI
TrumpXVI's picture

Good point...and I also agree with the "Mob Rule" comment at this point.

Tue, 08/04/2015 - 14:04 | 6390424 The Delicate Genius
The Delicate Genius's picture

The Shadow of Zog
(Exegesis of Besson)

By Israel Shamir

http://radioislam.org/thetruth/zog.htm

Tue, 08/04/2015 - 14:16 | 6390490 The Delicate Genius
The Delicate Genius's picture

Patriots’ Owner’s Wife Says Her Sons Could Fight for Israel, Not U.S.

http://mondoweiss.net/2008/03/the-jpost-asked

The New England Patriots and Israel
http://mondoweiss.net/2015/02/england-patriots-israel

Rob’t Kraft accuses Putin 8 years later– why now?
http://mondoweiss.net/2013/06/accuses-years-later

Patriots’ owner brings 20 NFL veterans to Netanyahu who calls on them to block Obama’s Iran deal
http://mondoweiss.net/2015/06/patriots-veterans-netanyahu

----
Billionaire Gingrich backer Adelson regrets he served in US instead of Israeli military
https://electronicintifada.net/blogs/ali-abunimah/billionaire-gingrich-b...

Newt Gingrich's sugar daddy not proud of serving America
http://www.dailykos.com/story/2012/02/22/1067105/-Gingrich-s-sugar-daddy...

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Tue, 08/04/2015 - 14:16 | 6390494 The Delicate Genius
The Delicate Genius's picture

By all means, let us have the dual loyalty debate
http://mondoweiss.net/2009/03/charles-lane-in-the-washington-post-correc...

Tue, 08/04/2015 - 15:13 | 6390769 fromthinair
fromthinair's picture

zh, nice post. good work by those who are  putting this together.

Tue, 08/04/2015 - 15:28 | 6390835 GoldenDonuts
GoldenDonuts's picture

Didn't you guys get the memo.  Money = Free Speach  There is absolutely nothing wrong with this.  It is certainly legal and moral.  /s

Tue, 08/04/2015 - 15:34 | 6390860 Dr. Acula
Dr. Acula's picture

This problem is uninteresting because there is no means to solve it. You can't fix stupid.

Even if USA collapses, new states will be reborn and follow the same path again.

Check back in a few hundred years when our AI descendants have supplanted us.

Tue, 08/04/2015 - 16:26 | 6391064 atlasRocked
atlasRocked's picture

The “Government Sold To Highest Bidder” 'Hoax.

To cite an exertion of 1/1000 the power of another force as the most dangerous issue, is to engage in intellectual pornography. 

http://www.teapartytribune.com/2015/08/04/the-government-sold-to-highest...

Tue, 08/04/2015 - 16:27 | 6391070 atlasRocked
atlasRocked's picture

Compare the Bids
So, over a 4 year cycle, the gov't is outbidding the private sector $8 trillion to $6B, a factor of 1000:1, 3 orders of magnitude.   The purchased power of business is therefore 1/1000, 0.1%, of influence on government.

In engineering, we used the technical term "mice nuts" to disregard such minuscule influences on behavior. To cite an exertion of 1/1000 the power of another force as the most dangerous issue, is to engage in intellectual pornography.   "Conscientious stupidity", as MLK opined about people pretending there was no racism in the laws of his day.

Tue, 08/04/2015 - 17:46 | 6391361 CTG_Sweden
CTG_Sweden's picture

I suspect that both the US and the rest of the world would benefit from American presidents with a less aggressive foreign policy.

 

Would the most powerful current super pacs approve of candidates like Nixon and Carter? In the 1970s, they were the mainstream alternatives. Today, they would perhaps not be considered as mainstream alternatives if they did not adapt themselves to the current political landscape. There was also a difference between George Bush Sr and George Bush Jr.

 

A new super pac that would support more moderate candidates like Carter and more old fashioned republicans would probably benefit America and the rest of the world. Ron Paul was probably too extreme to left-wing republicans and democrats. If 50 % of the electorate depends on subsidies from the government you cant´t say that you want to axe all of these subsidies without losing votes. If you want to reduce the subsidies to a substantial extent it is perhaps easier to reduce the excessive supply of labour and thereby increase wages. More savings and less consumption also makes people less dependent on subsidies. Death tax and capital gains taxes do not encourage more saving. But increased sales taxes may make people more inclined to save money. Legislation that forces producers to make more durable goods so that people don´t have to buy new cars and new refrigerators as frequently as now makes it easier for people to save money and become less dependent on the government. Negative real interest rates do not encourage people to save money.

 

The more people that get dependent on subsidies, the harder it is to reduce the subsidies. But most politicians and pundits who say they want to reduce the subsidies do not suggest a realistic strategy for accomplishing this goal. Poor people will vote for the politicians that give them subsidies. So you got to reduce the number of poor people. Or revoke their right to vote.

 

Tue, 08/04/2015 - 18:04 | 6391416 highwaytoserfdom
highwaytoserfdom's picture

Another trade war and another war..  Profit of the oligarchy.  No checks and balances probably never was....  This  is what the information revolution is all about....  good old open source journalism...  Now football, flags, fly overs sell tickets to "sweet Caroline" or Catch, Referee,fixed markets, FIFA, fixed sports, drug abuse, prison profit legal complex.      

USA USA USA    TAX is theft that simple.

http://www.reuters.com/investigates/special-report/scotus/

 

CHECKS AND BALANCES? Carlin had it about right  Then again the 247 FED private banks getting 6% with Libor, bond rates....  fixed   No checks and balances probably never was....  Freedom is Resistance

Tue, 08/04/2015 - 18:08 | 6391429 falak pema
falak pema's picture

If the Oligarchy owns the country by creating debt for government spend and wealth for themselves, the best way to cut their nuts is to make the bubble burst. 

By the looks of it Saud is doing just that by destroying the price of oil; all the while the lack of inflation brings on the financial deflationary collapse.

It may be that the China US war, now forseen by PCR, will eloign itslef if the financial crisis makes MIC bankrupt before they can start the shooting war in Asia. 

It happened to USSR it could happen to USA if the Sauds destablilize the Reserve before next election. 

Lets see how this plays out but the Shale + Hi-tech bubble could accelerate the fall of the house of cards. 

Tue, 08/04/2015 - 18:21 | 6391480 dojufitz
dojufitz's picture

Hello.......Ollie...........is that you?

Tue, 08/04/2015 - 19:44 | 6391717 Faeriedust
Faeriedust's picture

The Dark Ages were quite democratic -- most of the barbarian tribes elected their chieftains on a scale similar to that of a state governorship and most chieftains exercised powers roughly equal to those of a governor or President in our democracy.  That is, they were executives with wide perogatives and much latitude, but ultimately answerable to law and the combined political power of their top underlings.  Only in their case, severe malfeasance or failure in office was punishable by death.

The FEUDAL era, which is when the comparison to oligarchy is most appropriate, was not democratic at all.  It was, however, MUCH better-regulated than modern capitalism.  Powers of kings, nobles, and Church acted as effective checks and balances, and excessive expansion in any area was chopped off by prompt feedback loops.  Meanwhile although life was in general short, the serfs were able to pay for both rent and taxes with three ten-hour days of labor per week, leaving three days to feed themselves and take care of their homes and families, and one day dedicated to relaxation and entertainment.  Modern-day wage-slaves should take note that in addition, said serfs were covered by cradle-to-grave welfare provisions to the extent their society's total wealth and technology allowed.

On the downside, profit as profit, rather than fee-for-services, was considered blasphemy.  And lending money at interest was a capital crime, to the point that famous "alchemist" Nicholas Flaumel was safer pretending to have gotten his riches by summoning demons, than by money-lending. Oh, and false advertising and consumer fraud were usually capital crimes, too.  Such a harsh and unpleasant world, the Middle Ages!

 

Tue, 08/04/2015 - 23:39 | 6392316 falconflight
falconflight's picture

Senator Cruz campaign contributions are an open record that the author didnt' think necessary to post or link for some curious reason. If any candidate is in the big for the billionaires is Hillary the Rodan and Jeb.  Cruz's small contribution base is far higher than Jebs.   

https://www.opensecrets.org/pres16/candidate.php?id=N00033085

 

GOP candidates, especially those supported by the RNC, have lost much of their pervious contributions from the rank and file over the past 5 or so years.  Why?  Because the rank and file despise the lying collaborationist aspects of the GOProgs.

Wed, 08/05/2015 - 00:32 | 6392382 falconflight
falconflight's picture
Cruz: https://www.opensecrets.org/pres16/contrib.php?cycle=2016&id=N00033085&t... Election cycles covered: 2016

Select data type: 
   Federal data   State data    

Contributor Total Woodforest National Bank $75,200 Morgan Lewis LLP $68,850 Gibson, Dunn & Crutcher $52,950 Pachulski, Stang et al $41,000 Jennmar Corp $40,850 Redman Management $37,800 Ashford Hospitality Trust $35,000 Saulsbury Industries $34,400 Teligistics Inc $28,300 Avalon Advisors $27,500 Goldman Sachs $27,350 RIDA Development $27,000 Murray Energy $25,670 Cooper & Kirk $24,600 Baker & McKenzie $22,600 Make DC Listen $21,806 Mjb Medical Supplies $21,600 Gene By Gene $21,600 Surge Ventures $21,600 De Groote Financial $21,600 Cinemark USA $21,600 Vince Young Steakhouse $21,600 Now Specialties $21,600 McCombs Enterprises $21,600 JW Childs Assoc $21,600 Burgaflex $21,600 Triple-S Steel Holdings $21,600

This table lists the top donors to this candidate in the 2016 cycle. The money came from the organizations' PACstheir individual members, employees or owners; and those individuals' immediate families. At the federal level, the organizations themselves did not donate, as they are prohibited by law from doing so. Organization totals include subsidiaries and affiliates.

Why (and How) We Use Donors' Employer/Occupation Information

NOTE: Federal-level numbers are for the 2016 election cycle and based on Federal Election Commission data released electronically on Tuesday, July 21, 2015.

Feel free to distribute or cite this material, but please credit the Center for Responsive Politics. For permission to reprint for commercial uses, such as textbooks, contact the Center: info@crp.org

Wed, 08/05/2015 - 17:55 | 6395073 Prober
Prober's picture

Election outcomes

are determined by counting votes of the proletariat hordes,

which are bought with entitlement programs,

NOW MORE THAN 60% OF GOVERNMENT SPENDING

**** NOT ****

by amount of money donated to election campaigns.

WAKE UP STUPID SHIT-FOR-BRAINS SOCIALIST COLLECTIVIST VERMIN SCUM !!!!!!

Do NOT follow this link or you will be banned from the site!