If the Internet replaces the fund-raiser as the primary source of campaign cash for Democrats, that ought to increase our ability to pass laws that voters, as opposed to donors, like.
Ever since Tony Coehlo figured out that the only way to keep Congressional Democrats competitive in the money race was to sell out to Little Oil, we've been losing votes at the polls because things we'd like to do and that our constituents would like would cost too much in the way of contributions. Oil, financial services, telecommunications, entertainment, high tech, and various chunks of the health care and health-care finance industries have all be important parts of the Democratic donor base, and each has extracted its pound of legislative flesh.
That may be about to change.
Assume for the second that November goes well, with a big win for Obama and increased majorities in both Houses. Assume in addition that the Obama money machine can keep cranking even after he becomes President, and can substantially replace the usual big-money interests as a source of campaign funding for Congressional Democrats.
One implication of that ought to be that some popular (and in some cases populist) programs that Democrats have been shying away from since 1974 because they can't afford to lose the donors suddenly become possible.
So what's the list? What is it that the Democrats ought to do that they haven't been doing?
Here's my preliminary agenda. I'd be interested in suggested additions and subtractions. We're looking for stuff that (1) is good policy; (2) appeals to Democratic constituencies and (3) has been hard to do as result of donor power (as opposed to voter power).
1. Health care finance reform.
2. Taxing hedge fund "carried interest" as ordinary income. [List your own favorite outrageous tax code provision.]
3. Making cable TV operators common carriers charging regulated rates.
4. Bankruptcy un-reform.
5. Protecting credit card consumers from the various games the banks have been playing.
6. Protection of "fair use" against digital rights management.
7. Reversing the "Mickey Mouse Bill" extension of copyright to 99 years.
8. Making student loans a purely public program.
9. Reducing the concentration of media ownership.
10. Eliminating the indentured servant provision of the H(1)b visa, so that a visa-holder can work for any employer and isn't bound to the one which provided the visa.
11. Eliminating the protection for U.S. intellectual property holders in trade agreements. (Okay, so this one isn't especially popular. But the notion of making developing countries enforce our trademark and patent laws as a condition of trading with us is pretty damned unconscionable.)
12. Charging full freight for mineral and grazing rights on federal lands.
13. Limiting the capacity of sellers and employers to force consumers and workers to forgo lawsuits for an arbitration system rigged against the individual. (I'm not sure whether this should mean un-rigging the system or forbidding contracts under which people sign away, e.g., civil rights protections.)
14. Allowing federal agencies to make their data publicly available no matter what commercial data-reseller would lose money as a result.
15. Changes in agricultural policy. (As I understand it, much of the problem here is vote-driven rather than money-driven, but there must be some particular outrages that could be undone without losing many votes.)
16. Net neutrality.
That's a sample. Your suggestions?
Posted May 18, 2008 | 03:46 AM (EST)