Bill Moyers/Michael Winship: Campaign Cash Is the Gift that Keeps on Giving
Published on Friday, June 15, 2012 by Common Dreams
Campaign Cash Is the Gift that Keeps on Giving
by Bill Moyers and Michael Winship
If youre visiting a candidate this summer and looking for a thoughtful Super PAC donors have money to spare, but it's democracy they're burning to the ground.house gift, might we suggest a nice Super PAC? Thanks to the Supreme Court and Citizens United, theyre all the rage among the mega-wealthy. All it takes is a little paperwork and a wad of cash and presto, you can have, as The Washington Post describes it, a highly customized, highly personalized political action committee.
Its easy -- Super PACs come in all amounts and party affiliations. You dont have to spend millions, although a gift that size certainly wont be turned aside. Cable TV tycoon Marc Nathanson got a Super PAC for his friend, longtime Democratic Congressman Howard Berman from California, and all it cost was $100,000. Down in North Carolina, Republican congressional candidate George Holding received a handsome Super PAC that includes $100,000 each from an aunt and uncle and a quarter of a million from a bunch of his cousins. Yes, nothing says family like a great big, homemade batch of campaign contributions.
You can start a Super PAC on your own or contribute to one that already exists. Super PACs are available for every kind of race presidential, congressional or statewide. But there are other ways you can help buy an election. Look at the Wisconsin recall campaign of Republican Governor Scott Walker. At least fourteen billionaires rushed to the support of the corporate rights favorite union basher. He outraised his Democratic opponent, Milwaukee Mayor Tom Barrett, by nearly eight to one. Most of his money came from out of state. More than sixty million dollars were spent, $45 million of it for Walker alone.
Here are just a few of the satisfied buyers:
Wisconsin billionaire Diane Hendricks contributed more than half a million dollars on Scott Walkers behalf. Her late husband built ABC Supply, Americas largest wholesale distributor of roofing, windows and siding. Fearful the United States might become a socialistic ideological nation, shes an ardent foe of unions and, in her words, taxing job creators. True to her aversion to taxes, she paid none in 2010, despite being worth, according to Forbes magazine, about $2.8 billion dollars. ...................(more)
The complete piece is at: http://www.commondreams.org/view/2012/06/15-4
xchrom
(108,903 posts)Uncle Joe
(58,426 posts)Thanks for the thread, marmar.