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WATCH: More Money, Less Democracy

Posted: 09/24/2012 10:20 am

Like everyone else, I watched the movie of the week, that clandestine video from Mitt Romney's fundraiser in Florida. I thought, we now have a record of what our modern day, wealthy gentry really thinks about the rest of us, and it's not pretty.

On the other hand, it's also not news. If you had reported as long as some of us have on winner-take-all politics and the unenlightened assumptions of the moneyed class, you wouldn't find the remarks of Romney and his pals all that exceptional. The resentment, disdain and contempt with which they privately view those beneath them are an old story.


The video, in fact, called to mind our first Gilded Age, back in the late 19th century when the celebrated New York dandy of the time, Frederick Townsend Martin, summed up the era when he declared, "We are the rich; we own America; we got it, God knows how, but we intend to keep it."

And so they do, as that glitzy gathering in Florida reminds us. You could see and hear one of the guests ask Mitt Romney:

AUDIENCE MEMBER: But what do we do? Just tell us what we can help....

MITT ROMNEY: Frankly, what I need you to do is to raise millions of dollars, because the president's going to have about $800 to $900 million. And that's -- that's by far the most important thing you could do.

The governor's being truthful there, because as we heard from Trevor Potter, money rules these campaigns. If there were more secret videos from other candidates, we would see them in equally compromised positions -- bowing and scraping in their infernal pursuit of campaign cash, bending over backwards to suffer the advice that the privileged think their money entitles them.

And I do mean both parties. Not far from this studio the other night, at a Manhattan fundraiser hosted by Jay-Z and Beyoncé, President Obama joked, "If somebody here has a $10 million check -- I can't solicit it from you, but feel free to use it wisely." At least, I think he was joking. Obama and Romney alike now shape their schedules as much around moneymaking events as rallies and town halls. They'll change the campaign jet's flight plan and make a special landing just for the cold, hard cash.

This, folks, is a racket, plain and simple. All that spending by the parties, corporations, super PACs and other outside groups will push political ad spending up this year by half a billion dollars, 25 percent higher than 2010. The biggest increase in history. That prompted the CEO of CBS, Leslie Moonves, to lick his chops and tell investors last December, "There's going to be a lot of money spent. I'm not saying that's the best thing for America, but it's not a bad thing for the CBS Corporation."

So we journalists can't stop reporting on this, even though we're often told, "Please. Change the subject. Everyone's tired of this one." I'm not so sure. Trevor Potter sees a groundswell for rooting the money out of politics, as Americans come to see that this is the one reform that enables other reforms. And two polls released in the last few days report large majorities, as many as eight in ten of you, are in favor of clamping down on the amount of money that corporations, the super-rich and those shadowy outside groups are pouring into the campaigns. It's up to all of us to put a sign on every lawn and stoop in the land: "Our democracy is not for sale."

That's why next week we'll investigate yet another way in which corporate forces and their political allies are flying underneath the public's radar, with the help of a front group that goes by the innocent-sounding name, ALEC.

 
 
 

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Like everyone else, I watched the movie of the week, that clandestine video from Mitt Romney's fundraiser in Florida. I thought, we now have a record of what our modern day, wealthy gentry really thin...
Like everyone else, I watched the movie of the week, that clandestine video from Mitt Romney's fundraiser in Florida. I thought, we now have a record of what our modern day, wealthy gentry really thin...
 
 
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06:24 PM on 09/25/2012
It would be much easier to limit the effectiveness of the money than to limit the amount of it....control the amount of television ad buys....the viewers would appreciate it!
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Annoula
Enough about me!
12:14 PM on 09/25/2012
WONDERFUL SHOW, Bill!
As usual!
One can't help but remember the words of justice of the Supreme Court, Louis Brandeis, who wrote in 1897, "we may have a democracy or we may have great wealth concentrated in the hands of a few, but we cannot have both."
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HUFFPOST SUPER USER
JimBobPete
If "less is more", is more worth less?
09:38 AM on 09/27/2012
But, one of the freedoms in democracy, is the freedom to act greedily, -to aquire private property/richess/great wealth. It is this freedom to aquire great wealth, that tickles our greedy bone in us all, that makes democracy so appealing, that even makes us willing to die for, -To defend democracy/part greed.!
01:30 AM on 09/25/2012
I really love your work, Bill. It's nice to see that a real journalist still exists in the sea of talking heads devoid of journalistic integrity.

Please keep it up, as your work raises the level of our political discourse in this country. You do a great job of pointing out the purveyors of the most insidious of lies, the 'half-truths' that so many hide behind while boldly proclaiming them to be facts.

Thank you sir!
12:28 AM on 09/25/2012
The greatest voter fraud that goes completely unreported is is the uber rich voting in every state, perhaps every county, that they own property in. Is there any law preventing them from doing this?
This would give an uber rich person 435 votes, 1 for member of the House and Senate. And a vote for each state legislative member. Somebody please tell me that this illegal!
12:26 AM on 09/25/2012
love bill moyers... he's so consistent... the glass is always 3/4 empty
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12:22 AM on 09/25/2012
Continued voting for the corporate-controlled two-party duopoly isn't going to end the tsunami of money that has washed over the political landscape. Those in power will not work against their own interests.

Three options to take back control by We, the People:

o MASSIVE and PEACEFUL movement like civil rights
o Second PEACEFUL revolution like Serbia's overthrow of Slobodan Milošević, led by Otpor
o Second "blood and bullets" revolution

The first reform after regaining control must be publicly financed campaigns with NO contributions from:

o corporations
o unions
o PACs and SuperPACs
o professional lobbyists
o tax-exempt organizations
o individuals

The cost would be far cheaper than rebuilding the country after a second revolution.

"This struggle may be a moral one, or it may be a physical one, and it may be both moral and physical, but it must be a struggle. Power concedes nothing without a demand. It never did and it never will. Find out just what any people will quietly submit to and you have found out the exact measure of injustice and wrong which will be imposed upon them."

— Frederick Douglass, 1857
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moAb
"when bad men combine, the good must associate”
12:10 AM on 09/25/2012
Love you Mr Moyers; have for years. You are a real 'truth sayer'.
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Aesops
Appearances often are deceiving
11:12 AM on 09/25/2012
Sad that those words are expressed in quotations today..
10:55 PM on 09/24/2012
We all cynically wonder how politicians can create jobs. They've created a billion-dollar industry right before our eyes! What're you complaining about??
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JimBobPete
If "less is more", is more worth less?
08:17 AM on 09/27/2012
Please, name the industry.!
10:54 PM on 09/24/2012
It's still democracy, but simply a different kind. Call it the "one dollar, one vote" model.
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pappyvet
My God, it's full of stars!
10:38 PM on 09/24/2012
"We can have democracy in this country,
or we can have great wealth
concentrated in the hands of a few,
but we can’t have both."Justice Louis D. Brandeis
10:21 PM on 09/24/2012
If so many American hadn't become so stupid and obedient, then I don't think the cash would rule the elections so completely. I really feel like the source of the problem is elite education, in the sense that most voters don't get any. Accelerating from Reagan's period, the bulk of the public schools have been turned into medium-security indoctrination and obedience-training centers where the main goal is to produce docile consumers of advertised toothpaste and advertised politicians.

I feel sorry for the eyeballs and eardrums of the voters in any contested district or swing state. The flood of baby-eating DemocRAT ads leading up to the election is going to be painful. Not yet sure about anti-Obama ads. If Romney's campaign is dead enough, the SuperPAC money may be directed towards such black holes as Michele Bachmann...
09:14 PM on 09/24/2012
Wow, television commercials sure are scary, aren't they?
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vetxcl
01:00 AM on 09/25/2012
Why waste time watching them?
heterodoxlibertarian
bleeding heart libertarian
08:32 PM on 09/24/2012
Money is speech and restricting expenditures restricts speech. Opponents of this idea twist themselves into pretzels trying to deny it but it's obvious. Just think about it- if the government made a law saying you could never donate to any political cause ever again would it not be restricting your speech? Of course it would.
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11:46 PM on 09/24/2012
Most of the speech is dominated by the most wealthy. What the hell is all this PAC spending all about; he who dies with the most money wins?
The wealthy only get one vote each, regardless of their donations, but the amount of wealth they throw at politicians will determine how their strongly and effectively their speech determines the recipient's actions while in office, and you can bet your first million it won't be to benefit any of the 99% of America.
heterodoxlibertarian
bleeding heart libertarian
01:15 AM on 09/25/2012
People who are wealthy will always have a greater ability to reach people. Just like they'll always have a greater ability to have nice houses, cars, good food, great clothes, and more attractive mates. In a free society, you don't deny people the benefits of the wealth they've acquired so long as it's been acquired voluntarily. Now it's just not true that he who has the most money wins. In many instances, candidates have spent a lot of money only to see their campaign go absolutely nowhere. The reality is that the wealthy will always find ways to get their way. Campaign finance laws don't restrict their ability to do so. What they do is make it harder for candidates with unorthodox ideas to get their message out and it protects incumbents with conventional views. Eugene McCarthy, the great liberal hero, managed to get his anti-war message out only because of loose campaign finance laws which allowed a few rich liberal donors to bankroll his campaign. The only way to remove undue corporate influence is to restore free market principles and have a seperation betweeen state and economics.
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Aesops
Appearances often are deceiving
11:15 AM on 09/25/2012
Yes, but context always helps as well. Last time I checked, speaking out loud didn't involve reaching into my wallet to see how much "free speech' I had left.
heterodoxlibertarian
bleeding heart libertarian
01:24 PM on 09/25/2012
You misunderstand or misrepresent my point. I'm not saying money is free speech in that pieces of paper are speech. Rather, money plays a major role in disseminating expression so restrictions on money are restrictions on speech. Everyone has an equal right to speak freely but some people, because of resources, can exercise that right in a more impactful way but the right is still equal.
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Ben Roth
Interests include politics, history, world affairs
07:53 PM on 09/24/2012
Bill Moyers is a National Treasure
I'm sure that this is not a universally accepted position. However, it is the truth!
What is interesting, are his is comments regarding the Romney video, nothing ever changes.
Greed conquers all. Here, we literally have people who are addicted to wealth even when
they know that that this addiction has the potenial to kill them and theirs. Look at Bernie, he's really not much different than the entire banking community except he stole from some very rich people.
We haven't seen the end of bad bankers. The are addicted and their addiction will eventually be their undoing.
Romney and many like him aren't bankers but they are criminals with a wealth addiction. Every corporate "takeover" is a fraud (felony). The money to execute the take over is borrowed in bad faith using as few of the Corporation's assests as possible for collateral. More money is borrowed, assets are sold off, and the takeover Executives pay themselves huge salaries and bonuses, and then fire themselves. The shell of the corporation is left for Chapter 11 and the lawyers, and the workers and stock holders are out of luck. There are hundreds of variations, but the scam never changes. What is amazing is the tollerance shown these people. In the gambling world, you skim a nickle and you're a deadman.
No one has a answer, but, "it was the best of times and worst of times" might be a good lead in.
07:47 PM on 09/24/2012
Here's my question: Where is the outrage at the sheer and unbridled injustice of the current state of affairs? People are so quick to play judge, jury and executioner when issues such as breast feeding on the cover of Time or the latest Lohan's meltdown or the parenting tactics of the honey boos come up -- yet when it comes to the issues that actually matter the most to us all -- crickets.

I understand the increasing need for all forms of escapism during this mess, but we seriously need to rouse this sleeping monster as it's beginning to rot from the inside out and stew on its own fetid dung heap.
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11:48 PM on 09/24/2012
Wow, and yeah......faved.