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“Bernie Sanders’ Presidential Run Really Matters. Here’s Why”: The More Attention He gets, The More Attention Economic Inequality Gets

Vermont senator Bernie Sanders is officially running for president, meaning that there will be at least two contestants in the Democratic race (after what’s been going on in the city where he was mayor for eight years, Martin O’Malley may be reconsidering). I am obligated by law to point out that Sanders’ chances of beating Hillary Clinton are slight, but the question many have already raised is what effect his candidacy will have on Clinton. Will it pull her to the left? Give her room to run to the right? Force her into missteps? It might do any of those things, or none of them.

But Sanders could actually cause more headaches for the Republicans running for president — if he succeeds on focusing the campaign on his area of interest.

To understand why, you first have to know that Sanders’ candidacy will be almost entirely about economic issues. Advocacy for the interests of what we might call the non-wealthy has always been at the top of Sanders’ agenda and at the heart of his political identity. That’s the reason he’s finally running now, at the tail end of a long career: the national debate has moved in his direction, with issues like wage stagnation and inequality now being brought up even by some conservatives.

But as far as Hillary Clinton is concerned, that’s just fine. Bernie Sanders isn’t going to pull her to the left, because she was already moving that way. She’s talking about issues like inequality and criminal justice reform in terms that she might not have used 10 or 20 years ago, and in some cases she’s actually taking positions that she wouldn’t have then. As Greg and I have argued, whether this evolution is sincere isn’t particularly relevant, because she’s reflecting the consensus within her party, and if she becomes president her actions will follow along. The reason she doesn’t have to be pulled to the left by Sanders, O’Malley, or anyone else is that the entire environment around these issues has changed. Talking about them in more liberal terms isn’t just good for her in the primaries, it’s good for her in the general election, too.

Nevertheless, Sanders’ presence will concentrate the debate even more on economic issues, because that’s most of what he’ll be stressing. Every bit of attention he gets will serve to keep the economic discussion at the forefront. And you know who isn’t so happy about that? The Republican candidates.

They’ll all have their economic plans, of course, and will be happy to tell you why they’re superior. But the current debate on the economy puts them at a disadvantage. They know that they’re at odds with the public on many economic issues, like the minimum wage, paid vacation time, or increasing taxes on the wealthy. Though they’ve begun to talk about inequality, it’s obvious that they haven’t quite figured out how to address the issue without running up against their traditional advocacy for things like cutting upper-income taxes and reducing regulations on corporations and Wall Street.

When Sanders says, “We need an economy that works for all of us and not just for a handful of billionaires,” few voters disagree. Republicans say they want that, too, but the fact that some specific billionaires like Sheldon Adelson and the Koch brothers are so eagerly bankrolling their campaigns makes it an awkward argument for them to make.

And Sanders will draw attention to the billionaires funding Republican campaigns: At his presser today, he was asked about donations to the Clinton Foundation, and he pushed back by asking: Where are the conflicts of interests when the Koch brothers are spending hundreds of millions to influence the outcome of the presidential race? In other words, Sanders won’t only attack Clinton on the money question; he’ll helpfully point out that GOP attacks on this are rather questionable, given their own funding sources.

The best outcome for Republicans is if the campaign revolves around other issues where they might find more support for their positions and they can more easily attack Hillary Clinton. The more attention Bernie Sanders gets, the more attention economic inequality gets, which is something Republicans would rather avoid.

 

By: Paul Waldman, Senior Writer, The American Prospect; Contributor, The Plum Line, The Washington Post, April 30, 2015

May 1, 2015 Posted by | Bernie Sanders, Economic Inequality, Hillary Clinton | , , , , , , , , | 2 Comments

“Sheldon Adelson Will Not Be Ignored”: He May Have Built A Lot Of Casinos, But He Doesn’t Understand Much About Politics

Sheldon Adelson has never struck me as a brilliant guy, but I admit I don’t have much to go on in making that judgment. Maybe it’s the spectacularly ridiculous dyed-red combover that makes him seem like such a comical figure, but who knows. What we do know is that all—or almost all—Republican presidential candidates desperately want his money.

But it seems that Sheldon is seriously ticked off at Jeb Bush. Eliana Johnson of the National Review reports:

The bad blood between Bush and Adelson is relatively recent, and it deepened with the news that former secretary of state James Baker, a member of Bush’s foreign-policy advisory team, was set to address J Street, a left-wing pro-Israel organization founded to serve as the antithesis to the hawkish American Israel Public Affairs Committee (AIPAC).

J Street has routinely staked out liberal views anathema to those held by Adelson and his allies. Adelson sent word to Bush’s camp in Miami: Bush, he said, should tell Baker to cancel the speech. When Bush refused, a source describes Adelson as “rips***”; another says Adelson sent word that the move cost the Florida governor “a lot of money.”

Let’s keep in mind that there’s no question that any of the the Republican candidates will be anything less than fully supportive of the Likud vision for Israel’s future, which is Adelson’s top priority. You’d think that Adelson would be able to live with the fact that former secretary of state and longtime Republican macher James Baker spoke to a liberal group and also is one of what I presume are a dozen or more informal foreign policy advisers to Jeb Bush. But apparently not.

Jeb can live without Adelson’s money; he’s not having any trouble raising funds, and if he becomes the GOP nominee, Adelson will come around. But what’s unusual about this story is the fact that Adelson thinks he can tell presidential candidates whom their advisors can and can’t give a speech to.

That brings things down to an unusually specific level that we don’t ordinarily see. In this relationship, both the billionaire and the politician tell themselves a story in which everyone has the noblest of motives. The donor tells himself that his contributions are motivated solely by his concern for the country, and he only wants to help those who share his philosophy (and defeat those who don’t.) He doesn’t tell the politician what to think and do; he’s just there to offer his wise counsel as a successful businessman and concerned American. The politician might listen to him, or he might not, and when he usually does, that’s just evidence of how wise the billionaire is. The politician tells himself that his integrity is unsullied by money, since he makes his own decisions and is not swayed by the billionaire, even if he just happens to support all the things the billionaire wants.

Had Jeb actually told Baker not to go to J Street solely to make Adelson happy, it would have been hard for him to stay convinced that he was still pure. It’s because the question is so trivial that it necessitated standing up to Adelson.

Adelson may have built a lot of casinos, but I don’t think he understands much about politics, not only what works but which fights are worth having (this is, after all, a man who thought putting $20 million behind Newt Gingrich’s presidential campaign was a wise investment). Say what you will about Charles and David Koch, but I couldn’t see them making the same mistake.

 

By: Paul Waldman, Senior Writer, The American Prospect, April 29, 2015

April 30, 2015 Posted by | GOP Campaign Donors, Jeb Bush, Sheldon Adelson | , , , , , , | Leave a comment

“The Sheldon Adelson Primary”: The GOP Presidential Primary; A Brawl Of Billionaires?

There are few spectacles more absurd or horrifying (depending on your perspective) than a group of political leaders who want to be president of the United States trooping to the lair of a billionaire to genuflect before him in hopes of winning his favor — and, of course, his money.

If you’re looking for a symbol of what presidential politics has become, particularly in the Republican Party, look no further than the festival of grovelling that will occur this weekend in Las Vegas. Alex Isenstadt reports:

Before Iowa and New Hampshire, GOP candidates are competing in the Sheldon Adelson primary, and some will travel to his posh Venetian hotel in Las Vegas this weekend in hopes of winning it. But one candidate — Marco Rubio — has emerged as the clear front-runner, according to nearly a half-dozen sources close to the multibillionaire casino mogul.

In recent weeks, Adelson, who spent $100 million on the 2012 campaign and could easily match that figure in 2016, has told friends that he views the Florida senator, whose hawkish defense views and unwavering support for Israel align with his own, as a fresh face who is “the future of the Republican Party.” He has also said that Rubio’s Cuban heritage and youth would give the party a strong opportunity to expand its brand and win the White House.

Adelson came to many people’s attention when he dropped $20 million in a vain attempt to get Newt Gingrich the GOP nomination in 2012, an effort doomed by the identity of his chosen candidate. It’s a good reminder that money is a necessary but not sufficient requirement for winning the primary. I suppose there might be some level of funding that could propel even someone as ridiculous as Gingrich to victory, but whatever it is — $200 million? $500 million? — it’s more than even someone like Adelson is going to spend in a primary, particularly when there are other billionaires out there doing the same thing.

We may be about to see an unprecedented arms race among Republican plutocrats. The Koch brothers are supposedly leaning toward Scott Walker, though they haven’t made a final decision; they’ll be holding their own audition for candidates this summer. Ted Cruz is backed by a hedge fund magnate named Robert Mercer; investment manager Foster Friess will once again keep Rick Santorum funded, as he did in 2012.

But the real question isn’t whether a candidate can find the one donor that will bring him to victory, it’s what happens when the next president takes office.

All this money — not just the volume but the way it’s being moved around — is making a mockery of our already porous campaign finance laws. One of the last restrictions on funding that the Supreme Court has left standing is the limit on direct contributions to candidates. This year, if you’re a billionaire, you can only give Jeb Bush’s presidential campaign $2,700 for the primary and $2,700 for the general election, because everyone agrees it would be inherently corrupting if you could just write him a check for $1 million or $10 million or $100 million.

But that won’t stop you. Here’s what you can do. You can go over to the Right to Rise PAC, which exists in order to make Jeb Bush president, and write it a check for that $1 million. And since Jeb is not officially a candidate, he can raise money for the PAC, and plan and shape its strategy for the election. After he declares himself a candidate he will no longer be allowed to coordinate with it, but by then the preparatory work will be done.

Which is why, in an unprecedented move, Bush has decided to outsource entire sectors of his campaign to the PAC, like advertising and ground organizing, while the official campaign will do far less. It could well be the future of presidential campaign organization. Election law expert Rick Hasen explains why this is so troubling:

In the old days (think the days of the fundraising of Bush’s brother, George W. Bush), the main way of gaining influence was by becoming a campaign bundler. Bundlers not only give the maximum few thousand dollars to the candidate’s campaign; they also get friends, relatives, and acquaintances to do the same. Now, one doesn’t have to become a bundler for the campaign to curry favor: One can simply write a check for $1 million or more to Right to Rise.

By signaling that Right to Rise is his campaign arm, Jeb Bush has broken down the wall between his super PAC and his campaign committee in the eyes of donors. Preventing coordination and preserving independence was one of the last walls that were left.

The next step will be simply handing $1 million checks to candidates. Right now that’s still illegal, but campaign finance opponents will challenge those candidate contribution limits as ineffective since (the Bush campaign will show) super PACs can serve almost the same purpose. Indeed, campaign lawyer Jim Bopp (the brains behind the Citizens United lawsuit) signaled as much this week, arguing that the way to take unaccountable money out of politics is to let individuals give whatever they want directly to candidates.

I suspect Hasen is right about this: Democrats are going to say that 2016 shows we need stronger campaign finance laws, while Republicans will say 2016 shows that the laws are toothless and irrelevant, so we might as well just remove the restrictions altogether.

The candidates themselves probably aren’t too worried about getting attacked as bought and paid for. They see the benefit they’ll get from being backed by a donor like the Kochs or Adelson on the one hand, and the bad press they’ll get from seeming like they’re in the pocket of a billionaire on the other hand, and say it’s a deal worth taking. What’s a few reporters’ questions that can easily be batted away (“I’m grateful for the support of any American who shares my vision for the future”) against all that cash?

“Dark money” — cash which is channeled through shadowy groups, obscuring where it originally came from — is extremely worrisome. But this new development is something else entirely. Sure, we’ll maintain the fiction that these PACs are “independent” and therefore there’s no corrupting influence associated with that money. But if you actually believe that at the end of a campaign in which he was showered with eight or nine figures worth of casino money, President Rubio wouldn’t be particularly open to hearing what Sheldon Adelson has to say about, say, internet gambling (which the magnate has worked hard to stamp out), I’d have to wonder whether you get to drink rainbows and ride unicorns on the fantasy planet you live on.

 

By: Paul Waldman, Senior Writer, The American Prospect; Contributor, The Plum Line Blog, The Washington Post, April 23, 2015

April 24, 2015 Posted by | Campaign Financing, GOP Presidential Candidates, Plutocrats, Sheldon Adelson | , , , , , , , | Leave a comment

“Koch Brothers Eye 2016 Favorite”: David Koch Talked About The Wisconsin Governor As If His Primary Success Was Simply Assumed

Presidential candidates are always eager to earn support from voters, but with nine months remaining until anyone casts a primary ballot, White House hopefuls have a slightly different focus at this stage in the process. As the race gets underway in earnest, the goal isn’t just to get public backing, but rather, to get support from a specific group of mega-donors.

And in the world of national Republican politics, the Koch brothers have few rivals.

Charles G. and David H. Koch, the influential and big-spending conservative donors, appear to have a favorite in the race for the Republican presidential nomination: Gov. Scott Walker of Wisconsin.

On Monday, at a fund-raising event in Manhattan for the New York State Republican Party, David Koch told donors that he and his brother, who oversee one of the biggest private political organizations in the country, believed that Mr. Walker would be the Republican nominee.

According to the New York Times’ report, David Koch talked about the Wisconsin governor as if his primary success was simply assumed: “When the primaries are over and Scott Walker gets the nomination…” he joked.

The article noted two other attendees who said they heard Koch go further, describing the Republican Wisconsinite as the candidate who should get the GOP nomination.

It’s worth emphasizing that Koch, following the Times’ reporting, issued a written statement, describing Walker as “terrific,” but stressing, “I am not endorsing or supporting any candidate for president at this point in time.”

The statement doesn’t necessarily contradict the reporting. It’s entirely possible, for example,  that the Kochs will remain officially neutral during the nominating process, while also privately acknowledging their preference for Walker while talking to allies behind closed doors.

And if that’s the case, it’s a major advantage for the far-right governor over his rivals. The Kochs not only carry an enormous wallet, they oversee a large political operation and enjoy broad credibility among conservative activists and donors.

A Koch endorsement, even if private, matters, especially as candidates search for ways to stand out in a crowded field.

That said, if the reporting is accurate and the Kochs are partial towards Walker, that doesn’t necessarily mean the governor will have the same kind of relationship with his billionaire benefactors as other recent candidates.

We’ve grown accustomed to thinking about Republicans and their billionaires as a kind of dynamic duo – we see the candidate, but we know he has a partner that’s largely responsible for bankrolling his candidacy. In 2012, it was Sheldon Adelson backing Newt Gingrich, while Foster Friess supported Rick Santorum. This year, Robert Mercer has partnered with Ted Cruz, while Norman Braman helps bankroll Marco Rubio.

Don’t expect a comparable relationship between the Kochs and Walker, at least not at this stage. If the powerful billionaire brothers intend to stay officially neutral, then Walker may look forward to the Kochs’ backing in a general election, but he’ll need others to finance his primary fight.

 

By: Steve Benen, The Maddow Blog, April 21, 2015

April 22, 2015 Posted by | GOP Campaign Donors, GOP Presidential Candidates, Scott Walker | , , , , , , | 1 Comment

“Heightening Inequality To Even More Astronomical Levels”: If Inequality Worries Republicans, Why Do They Keep Making It Worse?

You can tell things have gotten very bad when the issue of economic inequality — a serious national problem mostly ignored for more than three decades — is suddenly in political vogue. And you can be sure things have gotten very, very bad when Republicans — who usually insist that inequality is natural, inevitable, even beneficial — suddenly claim they’re worried about it, too.

As the 2016 contenders officially declare their intentions, all of them seem aware that voters want to restore a vestige of fairness to the American economy. Regardless of personal ideology or political reliance on plutocratic billionaires, every presidential candidate must, at the very least, display concern for working families, single mothers, indebted students, and everyone struggling to achieve or maintain a decent living.

Yet how concerned are they, really? In the video that announced her candidacy, Hillary Clinton spoke briefly but bluntly: “Americans have fought their way back from tough economic times, but the deck is still stacked in favor of those at the top. Everyday Americans need a champion, and I want to be that champion.” The only Democrat in the race so far, Clinton realizes that a populist agenda will be required to excite her party base — and to answer those who regard her as too wealthy and too well connected to empathize with the downtrodden.

That unflattering portrait omits many relevant facts about Clinton’s life, from her own modest origins to her many years of advocacy for the disadvantaged, especially women and children. She spoke out publicly about economic fairness long before doing so became politically fashionable, both as a United States senator and during her last presidential campaign. Now the skeptics can listen and decide for themselves.

But voters should also listen closely to the Republicans who mock Clinton’s populism and assert that they are the true spokesmen for the working class. What do they propose to address inequality? And how “authentic” is their concern?

At least two of the Republican candidates, Senator Rand Paul (R-KY) and Senator Ted Cruz (R-TX), want to institute a so-called flat tax — which would severely exacerbate inequality by reducing tax levies on the wealthy and increasing the burden on everyone else. Such plans would cost the Treasury an annual amount estimated between $700 billion and $1 trillion. Yet Paul and Cruz insist that they will simultaneously slash taxes, increase defense spending, and balance the budget — and so does Senator Marco Rubio (R-FL), who proposes his own regressive tax breaks for the rich.

Those promises are mathematically impossible — unless, perhaps, the federal government permanently ended all discretionary spending on student aid, unemployment insurance, health care, veterans benefits, environmental protection, food safety, and dozens of other programs necessary to working- and middle-class families. Somehow they never mention that part.

While decrying economic inequality, Republicans tend not to emphasize their other proposed giveaways that would benefit wealthy donors, such as Paul’s plan to end capital gains taxes, or Rubio’s plan to end not only all taxes on capital gains but on interest and inherited estates, too — leaving only wage earners to be taxed. Schemes like this delight the Koch brothers precisely because they would heighten inequality to an even more astronomical level.

Although Republicans often mention the “right to rise,” as Jeb Bush would put it, they’re hostile to any measure that would actually elevate the incomes of those at the bottom — for example, increasing the minimum wage. Indeed, they tend to be opposed to the very idea of a legislated wage floor because, as Rubio once said, “I don’t think a minimum-wage law works.”

The Florida senator’s economic knowledge is as weak as his budgetary arithmetic. The most recent studies show that in states without a minimum- wage law, inequality is considerably worse than in states with a minimum wage that is at least a dollar above the federal minimum.

But don’t worry, Rubio says he knows a better way to reduce inequality than either higher wages or fairer taxes. Instead, for people languishing in low-wage jobs, government should “incentivize the creation of innovations in education that are accessible.”

So he offers something for everyone: The wealthy get still more big tax cuts; and the not-so-wealthy get a few phrases of incomprehensible, pseudo-wonkish jargon.

 

By: Joe Conason, Editer in Chief, The National Memo, April 18, 2015

April 19, 2015 Posted by | Economic Inequality, Minimum Wage, Republicans | , , , , , , , , | Leave a comment