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2016 Election Cycle Led By Billionaire Donors

Nicola Hahn writes: The pluralist stance of American politics contends that true power in the United States has been constitutionally vested in "the people" through mechanisms like the electoral process, freedom of speech, and the ability to establish political parties. The traditional view is that these aspects of our political system result in a broad distribution of power that prevents any one faction from gaining an inordinate amount of influence. And today the New York Times has revealed the shortcomings of this narrative by publishing the names of the 158 wealthy families that have donated almost half of the money spent towards the 2016 presidential race. This group of donors is primarily Republican and is dominated by interests in the banking industry. These facts lend credence to the idea that national policy making is influenced heavily by a relatively small group of people. That the American body politic is largely controlled by a deep state.

21 of 370 comments (clear)

  1. Umm by ArmoredDragon · · Score: 3, Insightful

    Unless they're directly buying votes, then that remains true. I'm not sure why we're equating advertising dollars with votes, because they aren't the same thing.

    Take for example the Colorado state senate recall election a few years back: 11 times the amount of money was spent lobbying in favor of the incumbents as there was for the newcomers, yet the incumbents lost anyways.

    Larry Lessig found this out the hard way, he assumed (very stupidly I might add) that he could just buy votes for his mayday campaign. Instead he found out that every candidate he spent money on that won was already likely to win anyways, and the rest lost.

    1. Re:Umm by Mendy · · Score: 5, Insightful

      Unless they're directly buying votes, then that remains true. I'm not sure why we're equating advertising dollars with votes, because they aren't the same thing.

      The point I think is that once elected representatives are more likely to legislate in favour of their donors than their constituents.

    2. Re:Umm by l0n3s0m3phr34k · · Score: 5, Insightful

      No, the majority of Americans think Progressivism is some type of car insurance company, and socialism is Hitler, Stalin, and Satan all rolled up into one. They want their government "run like a business" but then also scream when that "company" has "layoffs". A corporation has zero ethics and zero empathy, and only is concerned with quarterly dividends...I don't understand why anyone would want their government run like that.

  2. Numbers, please? by jeffb+(2.718) · · Score: 2, Insightful

    According to the FEC, contributions to Democrats so far total US$64.2 million, while contributions to Republicans total US$61.2 million. Hillary Clinton has received US$47.1 million, more than the top three Republican candidates combined. (Not surprising, given the fragmentation of the Republican field).

    The summary's breathless implication that "rich Republican bankers are buying the Presidency" doesn't appear to reflect the facts.

    1. Re:Numbers, please? by Anonymous Coward · · Score: 5, Insightful

      You're looking at money received directly by campaigns, which are subject to fairly strict limits ($2,600 from an individual to any one candidate, for example). The NY Times article is about political donations given by individuals and families, which can go to PACs; many of these donations are unlimited, by ruling of the Supreme Court:

      https://en.wikipedia.org/wiki/Campaign_finance_in_the_United_States

    2. Re:Numbers, please? by Anonymous Coward · · Score: 2, Insightful

      Yeah, bankers are widely known for their lobbying for regulation (seriously asking: are you fucking high?)

  3. And that's why I'm backing Sanders by GerryGilmore · · Score: 5, Insightful

    Once you get past the Pavlovian reaction to "socialist", you'll find that he is the only candidate NOT dropping to his knees in front of the latest batch of plutocrats. If nor no other reason, a victory for him would be a victory for democracy remaining in the hands of the people.

    1. Re:And that's why I'm backing Sanders by JustAnotherOldGuy · · Score: 5, Insightful

      I would be viewed as holding to a number of relatively conservative and libertarian views, but this man has my respect.

      Same here for the most part, and that's why I'm going to vote for him. He's been consistent on his views for the last 30 years and that is something you just don't see among 99.999999999% of politicians.

      He voted against the war and against the PATRIOT act, and that counts for something in my book. Those were two incredibly unpopular positions to take, but now he's been vindicated for having the courage not to go along with the masses. .

      --
      Just cruising through this digital world at 33 1/3 rpm...
    2. Re:And that's why I'm backing Sanders by skam240 · · Score: 4, Insightful

      I love the "class warfare" narrative for the Left that has become fashionable amoung the Right. Pointing out that for the last half century that wealth inequality has increased while the middle class has shrunk and that maybe we should do something about that is not class warfare. Anyone who has received half a political science education can tell you that massive wealth inequality is one of the most significant threats to successful republican governance.

      The Left points to this and says "hey, this threatens not only our way of life but the stability of the republic" and then advocates policies that actually make a small difference. Our Right just keeps advocating policy that will heep even more money onto a wealthy class of citizens who are wealthier then they have ever been in American history.

      In fact, I think one might be able to make the case that it is our conservatives who are engaged in class warfare.

      --
      I ignore Anonymous Coward posts. If you want to discuss something, that's awesome. Log in.
    3. Re:And that's why I'm backing Sanders by Kohath · · Score: 2, Insightful

      Yay, finger-pointing! This will totally solve our problems.

      One style of politics is to divide people into groups, tell them they should hate each other, and then gain power by organizing one group against the other. One argument against "class warfare" in the US is that we never had European-style "classes", and Americans shouldn't be divided up that way for the benefit of power-hungry would-be organization leaders.

      Your argument seems to be the opposite: we should hate those other Americans in those other classes. Support your local politician! He's fighting for YOU! (Against your fellow Americans, over money someone else earned.).

    4. Re:And that's why I'm backing Sanders by PatientZero · · Score: 4, Insightful

      Dividing people into groups, and encouraging and widening the divisions, hyping up the hostility to gain power organizing one group against the other is almost the definition of evil.

      And this is exactly what the wealthy are doing—claiming that the poor are trying to steal their hard-earned cash—while the poor are merely arguing for a return to a time when we had a large, healthy middle class. You can lament the use of the term "class" all you want; it's simply a distinction to talk about degrees of wealth and opportunity.

      Trying to bring people together, finding common ground, encouraging peace and empathy is the opposite.

      And this is what people seeking equality and justice are calling for. Everyone should have an opportunity to make a decent living without working three jobs, to provide a solid education for their children, and start a business if that's what drives them. Unfortunately, too many people don't have access to that life, one which they would have had forty years ago.

      And i said absolutly nothing about "hating" others ...

      Of course not.

      But still you decided to say, "Your argument seems to be the opposite: we should hate those other Americans in those other classes" anyway because . . . it's intellectually honest to put words in someone else's mouth as long as you're making a point? Sure, that makes sense, as much as the rest of your argument.

      --
      Freedom to fear. Freedom from thought. Freedom to kill.
      I guess the War on Terror really is about freedom!
  4. Re:Billionaire Donors... So what?! by queazocotal · · Score: 4, Insightful

    And this is precisely why the advertising industry doesn't exist.

  5. Re:Billionaire Donors... So what?! by alvinrod · · Score: 5, Insightful
    Douglas Adams explained it rather succinctly:

    “It comes from a very ancient democracy, you see..."
    "You mean, it comes from a world of lizards?"
    "No," said Ford, who by this time was a little more rational and coherent than he had been, having finally had the coffee forced down him, "nothing so simple. Nothing anything like so straightforward. On its world, the people are people. The leaders are lizards. The people hate the lizards and the lizards rule the people."
    "Odd," said Arthur, "I thought you said it was a democracy."
    "I did," said Ford. "It is."
    "So," said Arthur, hoping he wasn't sounding ridiculously obtuse, "why don't people get rid of the lizards?"
    "It honestly doesn't occur to them," said Ford. "They've all got the vote, so they all pretty much assume that the government they've voted in more or less approximates to the government they want."
    "You mean they actually vote for the lizards?"
    "Oh yes," said Ford with a shrug, "of course."
    "But," said Arthur, going for the big one again, "why?"
    "Because if they didn't vote for a lizard," said Ford, "the wrong lizard might get in. Got any gin?"
    "What?"
    "I said," said Ford, with an increasing air of urgency creeping into his voice, "have you got any gin?"
    "I'll look. Tell me about the lizards."
    Ford shrugged again.
    "Some people say that the lizards are the best thing that ever happenned to them," he said. "They're completely wrong of course, completely and utterly wrong, but someone's got to say it."
    "But that's terrible," said Arthur.
    "Listen, bud," said Ford, "if I had one Altairian dollar for every time I heard one bit of the Universe look at another bit of the Universe and say 'That's terrible' I wouldn't be sitting here like a lemon looking for a gin.”

    For all man's accomplishments, we're still largely at a tribal stage where we will instinctively protect the in-group even when it makes no rational sense to do so. It's millions of years of evolutionary baggage that we need to overcome as we move forward.

  6. Re:Same way it has always been by ShanghaiBill · · Score: 1, Insightful

    You'd have to be dumb to think otherwise....

    Exactly. It is disgusting how President Romney was able to buy his way into office. Here in California, both Governor Whitman and Senator Fiorina were swept into office by spending millions of their own fortunes along with plenty of corporate contributions. Yup, the people have no power, and you would have to be dumb to think otherwise.

  7. Re:Billionaire Donors... So what?! by maeka · · Score: 2, Insightful

    Ahh, another self-described Homo economicus.

    Where would Slashdot be without the powerful man who is 100% rational, informed, and pulled themselves up by their bootstraps.

  8. Re:$900 Million from the Koch Brothers by dcollins117 · · Score: 4, Insightful

    The Koch Brothers do not believe in climate change, or in any public policy that would do anything to mitigate it.

    Oh, the Koch Brothers believe in climate change, alright. They realize how damaging the reality is to their business interests. That's why they funnel so much money in to conservative candidates and PR groups to create the false impression that there is serious scientific debate.

    Suzanne Goldenberg of the London Guardian reports that "conservative billionaires used a secretive funding route to channel nearly $120 million . . . to more than 100 groups casting doubt about the science behind climate change," helping to "build a vast network of think tanks and activist groups working to a single purpose: to redefine climate change from neutral scientific fact to a highly polarizing 'wedge issue' for hardcore conservatives."

    What pleases me is that no amount of money can keep the current set of Republican presidential candidates from self-destructing every time they open their mouths. The GOP should heed Bobby Jindal's advice to "stop being the stupid party."

  9. Apathy is our enemy by 140Mandak262Jamuna · · Score: 5, Insightful
    The real danger to the democracy is the apathy of the people. In 90% of the house districts the low turn out primary is the real election. The districts are so blue/red that even a lamp post running as the Democrat/Republican will win the general election. The turn out in general election is a very underwhelming 50% of eligible voters and it drops to stunning 15 to 20% for the primaries. And you need 50%+1 in the primaries.

    So people elected by 15% of the eligible population ends up as the Representative. No wonder they don't listen to you. You did not elect them. 85% of America did not elect them. You find it in the polls. 85% of America has negative opinion of their Reps.

    If mere 15% more people arm themselves with facts, start showing up in the polling booth, register as independents to vote for the best candidate from either party, the influence of money on the politics will wane. Don't blame the rich people for being jerks. Blame the non-so-rich people for being lazy and ignorant.

    --
    sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
  10. Mod parent up. by khasim · · Score: 4, Insightful

    If you want to change the system then you have to be involved a lot sooner than voting day.

    And it all starts at the grassroots level.

    Don't simply vote for the "lesser evil" in your local elections. Get out and help campaign for someone whom you could actually support.

    Get your friends together and form your own voting bloc.

    Schedule time to meet with the candidates. Even the ones who "have no chance".

    MAKE the change instead of waiting for someone who's already bought to do so for you. Because that isn't going to work.

  11. Re:It's their money, and they pay most of the taxe by PatientZero · · Score: 5, Insightful

    I understand class warfare and envy, and how much it annoys people who sit around and watch TV that others have more money than they do.

    That's a generalization that is sometimes fair, sometimes not. . . . Anyway, by making this bald generalization, you definitely have the [all wealth is justly earned] shtick down.

    And with that first comment, you perfectly demonstrate your complete lack of understanding of the desire for a just society. Up until the seventies, the blue collar middle class grew and thrived. People could work a single job and buy a house, raise a family, live a modest lifestyle, and be perfectly content. But since then those with wealth used it to undermine that culture, and thus began the decades-long erosion of the middle class and working families, all while those with wealth saw their prospects improve.

    Now you have families where both parents work two or three jobs and still can't improve their economic outlook. There's much less opportunity to start a business. I'm not saying none, but much, much less. People just want a chance to give their children more than they had, to take risks to get ahead, to see their labor rewarded. Instead of taxing the rich more I'd much rather see a livable wage—or better still—a basic income guarantee that would bring these opportunities back to all of society.

    --
    Freedom to fear. Freedom from thought. Freedom to kill.
    I guess the War on Terror really is about freedom!
  12. Real news: MSM is reporting on it by anyaristow · · Score: 5, Insightful

    The real news is that the mainstream media (NYT) is reporting on it. Also, that money is influential is obvious, but the degree to which it is influential is finally being measured. With numbers backing up observation, and MSM exposure, something may have to be done about it.

    Online tech forums are fond of saying the MSM is a puppet of government. Here we have an instance where it isn't.

    That's news for nerds.

  13. I know my state rep, city council member. Wall St by raymorris · · Score: 4, Insightful

    When Wall Street paid for Senator Clinton's campaign, she "represented" 20 million New Yorkers, and saw 0.000001% of them face-to-face. She DID spend face time with Wall Street bankers, she didn't spend (unscripted) face-to-face time with "normal" people. Senators generally don't do that much.

    My state representative represents 167,000 people, is my neighbor, and sees me once a week at church.

    Who do you think is more influenced by Wall Street bankers vs influenced by people like you and I - my neighbor, who is my state rep and sits two rows down at church, or my federal senator? My state rep has never met any of the Wall street bankers who bankroll federal candidates.

    At an even more local level, my city councilman represents a district of about 8,000 people. He's my daughter-in-law's brother. I have his phone number. He's also never met a Wall Street banker.