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Bob Edgar

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Mr. President: A Bit More Bold Please!

Posted: 01/24/2012 10:25 pm

The populist tone of President Obama's State of the Union speech was no surprise; since he went to Kansas last month to link his presidency to the "new nationalism" of Theodore Roosevelt, it has been clear that the president will seek reelection by casting himself as a champion of economic fairness.

Bully for him, as TR might say, and even better for the country if he can capture a bit of Roosevelt's energy and passion. We could use both those qualities in a president these days, as heirs of the corporate titans Roosevelt battled a century ago hold sway over Washington.

But watching Obama's address, I was struck by his failure to strike at the heart of what's wrong -- the enormous sums of money that special interests, particularly big corporations, have invested to buy our elections and the power that goes with them.

Thanks to the Supreme Court, in Citizens United and a string of other decisions, corporate and other special interest dollars now flow virtually unimpeded through our political system. The court's declaration that corporations are people and enjoy the same free speech rights most of us thought were reserved to individuals has put big money in control.

In Washington and most state capitals, political leaders have long understood that deep-pocketed donors can make and break their careers; now "SuperPACs," fueled by anonymously-donated corporate money, are allowing those politicians to keep their hands clean while their friends do the dirty work of tearing down their political opponents.

There are several ways to attack this stranglehold on our democracy; full disclosure of corporate contributions would help, and so would public financing of our elections. The president's call for a bill to stop the bundling of campaign contributions by lobbyists is another positive step, as is his call for a ban on insider trading by members of Congress.

But to really put people back in charge, we must force passage of a constitutional amendment that will permit sensible controls on corporate political spending.

An array of organizations and some courageous elected officials are pushing a variety of amendment proposals. All have merit, and polls suggest an amendment would have strong public support, but I'm convinced that none will move forward until voters demand it.

That's why Common Cause has launched Amend2012, a campaign to help voters speak where they're sure to be heard -- at the ballot box. We want to give voters the tools to put a voter initiative or referendum question on the ballot in as many states as possible so that the people can instruct their representatives and senators to pass an amendment and submit it to the states for ratification.

We understand that this is a heavy lift; amending the Constitution isn't easy and it shouldn't be. We may only get on the ballot in a few states this year and we know that it will take several years to get a vote in every state.

But we've made a start and we're determined to see it through. If the president and his Republican adversaries truly are serious about change in Washington, they'll join us.

 

Follow Bob Edgar on Twitter: www.twitter.com/BobEdgarCC

The populist tone of President Obama's State of the Union speech was no surprise; since he went to Kansas last month to link his presidency to the "new nationalism" of Theodore Roosevelt, it has been ...
The populist tone of President Obama's State of the Union speech was no surprise; since he went to Kansas last month to link his presidency to the "new nationalism" of Theodore Roosevelt, it has been ...
 
 
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LoneTree
Liberty is more precious than life.
12:43 AM on 01/26/2012
"But watching Obama's address, I was struck by his failure to strike at the heart of what's wrong -- the enormous sums of money that special interests, particularly big corporations, have invested to buy our elections and the power that goes with them."

A bit less dismay, if you please. Of course he didn't "strike at the heart of what's wrong". In 2008, Senator McCain accepted public financing of his (R) election campaign. Senator Obama 'opted out' of public financing and raised massive amounts of money for his (D) election campaign. One of Obama's advisors has mentioned raising a BILLION dollars for the '12 campaign.

I have voiced respect for President Obama when he's done right. On this topic, he IS the problem. Write to President Obama and demand that if the Republican nominee accepts public campaign financing, that he also accept public campaign financing.

Wait and see what kind of response you get.
11:49 PM on 01/25/2012
"full disclosure of corporate contributions would help, and so would public financing of our elections." "Stop the bundling of campaign contributions by lobbyists..." ""...A ban on insider trading by members of Congress." "A constitutional amendment that will permit sensible controls on corporate political spending."

I want to see a bill include all these things. They could call it "Elections for the People" Bill. But to make a slight change, I don't want to sensible controls on corporate election spending. I want to see NO corporate spending on elections. To take it a step further, I don't want unions to spend anything or non-profits. Only individual citizens should be able to contribute, and it should be a a sensible limit like $500.
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LoneTree
Liberty is more precious than life.
12:45 AM on 01/26/2012
We alreedy have something like that called "public financing". In '08 Senator McCain accepted public financing and the restrictions that includes. Senator Obama opted out,, avoided those restrictions, and raised MASSIVE amounts of money.

Let's see if President Obama participates in public financing for the '12 campaign.
01:19 AM on 01/26/2012
Yes, President Obama did opt out of public financing in 2008. However, when elections are not publicly funded, in this political climate, it is not advantageous to limit your funding sources. If you know that you will need, let's say, $500 million for your campaign, but you can only pull in $100 million through public financing, why would you go that route?

And to your point, even McCain eventually tried to withdrew from public financing through the Federal Election Commission because he saw it was disadvantageous.

As long as Citizens United is the law of the land, I doubt that ANYONE is going to rely on public financing. That's a death wish. Until there is a constitutional amendment repealing Citizens United, this country will be trapped in a money-laden death pit. So again, I hope that Congress or the next batch will implement a law requesting:

- full disclosure of corporate contributi­ons
- public financing of our elections.­
- End to the bundling of campaign contributi­ons by lobbyists
- ban on insider trading by members of Congress
- Repeal of Citizens United (I personally like Move to Amend's proposed amendment)
HUFFPOST SUPER USER
calm truth
03:08 PM on 01/25/2012
Obama is all talk and no action. I am underwhelmed by his lack of leadership. He is a talker not a doer. Frankly, I believe he wants the staus quo left in place. It serves re-election ambitions well. Nothing has changed in Washington with this President and another 4 years will bring more of the same. This should be clear to all by now.
12:50 AM on 01/26/2012
To each their own, but exactly how do you think gov't works? The President cannot wave a magical wand and change things by himself. It takes Congress, too. Obama and the 2008-2010 Congress actually got a lot accomplished. But, their new policies didn't necessarily go into effect during that time span, but have since benefited this country and will continue to as time goes on.

Unfortunately, they did not get the chance to pass as many bills as they would have liked during the past four years due to 1) a record number of filibusters by republicans, 2) luke-warm democrats in Congress, and 3) the impatience of the People who voted in waves of unintelligent, delusional Tea Party republicans to Congress. These past two years, the number of bills even geared towards helping the middle and lower class dramatically fell because obstructionist Congresspeople were submitting bills about nonsensical social issues like gay marriage and abortion. They didn't even have the common sense to raise our debt ceiling on debt we had already accrued. So, how can you really blame this mess all on Obama?

If you want to see change, then give Obama a Congress he can actually work with. Don't whine and trash the President. Look at and hold accountable the people who are standing in the way of him and other politicians who are trying to make our society better.
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HUFFPOST SUPER USER
Bombadillo22
Not all who wander are lost...
01:47 PM on 01/25/2012
"Watching Obama's address, I was struck by his failure to strike at the heart of what's wrong -- the enormous sums of money that special interests, particularly big corporations, have invested to buy our elections and the power that goes with them."

Then you must have missed Obama's past state of the Union where he berated none other than several of the judicial farces on the Supreme Court who cast the ill-fated, deciding votes in treasonous (IMHO), Citizens United, who came there, it seemed, only to lord their immutable status over the Executive Branch ( for all their detached status from justice, precedent, human service, or sudden fondness for corporations could confer on that decidedly, human and democratic occasion).

To jab at SCOTUS further would have been unproductive, if not un-presidential, (extra-SCOTUS measures have already been undertaken ) besides, the President ‘took it up a notch’ by lambasting congressional, ‘insider trading;’ that is to say, profiting from having privlidged, foreknowledge of monetary outcomes, and secret machinations of congress or doing the bidding of highest paying lobbyists, over that of voters--both likely end-games to Citizen’s United.
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LoneTree
Liberty is more precious than life.
12:46 AM on 01/26/2012
How about if he lambasted his own 'opt out' of public campaign financing in '08 so that he could raise unlimited funding against an opponent who stayed with public financing and the protections that includes?
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HUFFPOST SUPER USER
muck-raker
give me liberty or give me death
01:43 PM on 01/25/2012
Of the 1%, by the 1%, for the 1% "LETS BUY US A CONGRESSMAN
Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation’s income—an inequality even the wealthy will come to regret. It’s no use pretending that what has obviously happened has not in fact happened. The upper 1 percent of Americans are now taking in nearly a quarter of the nation’s income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has improved considerably. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent. One response might be to celebrate the ingenuity and drive that brought good fortune to these people, and to contend that a rising tide lifts all boats. That response would be misguided. While the top 1 percent have seen their incomes rise 18 percent over the past decade, those in the middle have actually seen their incomes fall. For men with only high-school degrees, the decline has been precipitous—12 percent in the last quarter-century alone. All the growth in recent decades—and more—has gone to those at the top
Much More: great read
http://www.vanityfair.com/society/features/2011/05/top-one-percent-201105
01:39 PM on 01/25/2012
When he was stumping for the job, he said he would get rid of hedge fund managers which would solve most of the problems. 3 years later, nothing has changed.
01:37 PM on 01/25/2012
Along with corporations we need to get union money out of elections. When it comes to damaging this economy unions have done more than any single corporation, even Walmart. Look at the state of Illinois to see the type of damage unions create along with corrupt politicians.
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Dahveed
step softly & speak easy
01:27 PM on 01/25/2012
Shyster Gheitner's face paired with Obama's during his "financial accountability" rhetoric conveys a certain incongruity, no?... the travesty of America's political system and its ongoing support of crony capitalism... on full display. Any Wallstreeters go to jail yet, Obama?
01:27 PM on 01/25/2012
There is nothing wrong with big corporations buying elections. There needs to be some counter balance against the big unions buying elections. Without big corporate money the unions would destroy the country via the democrats in under a decade just like what happened in the European countries over the last decade that embraced the union socialist model.
HUFFPOST SUPER USER
DJleary
01:21 PM on 01/25/2012
Nothing but a constutional amendment will come close to righting this. See Bernie Sanders if you are interested.
In the meantime- have you noticed the pose Obama has surrounded himself since day one.

BO=BS
12:45 PM on 01/25/2012
ta;l about a glass-half-empty response! apparently the president can press 99 outstanding issues, but if he misses the one this guy likes best, the whole thing is a waste of time. sheesh.
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BigBearcatBill
This is the real Bearcat - a Binturong
12:30 PM on 01/25/2012
With increasing number of homeless on the street, yes they are appearing on edges of parking lots of middle class area malls because the alleys, poor streets must be getting overcrowded, I recommend declaring a social / public health emergency (blame you know who, love to let you fill in the blank). Since it is real emergency (or will be soon if whoever is sitting on few $trillion keeps sitting on them), open up closed military bases and gov facilities that are safe to house them in. Get the rehab specialists there to evaluate and start helping these homeless prepare for a better life (always wondered what ex-Drill sargaents could do with their skills when retiring in around age 40 from military, team them with some training/social work experts). Give all Vets needing it this free housing and jobs with a new National Emergency Response and Public Parks Improvement team (remember we did not have enough response capability with all the disasters last year and that will happen sometime in future again, could be worse frequency). Do all this with emergency funding and if the repubs cry waste (as people get sicker and die in the streets as they become homeless for first times in life) tell them we would like you to help get some of that tax money back we lost when we lowered the richest 1% of American's tax rates below the republicans Eisenhower, Nixon, Ford, Reagan and Bush Sr. president's rates of taxing the rich.
12:26 PM on 01/25/2012
"Bold" from Obama? Not going to happen. Have you been paying attention for the past 3 years?
HUFFPOST SUPER USER
ckdogs
Veritas
12:25 PM on 01/25/2012
Candidates have to spend most of their time begging for money - and their benefactors expect a return on that money. This is the cancer in the body politic. I wish you well in your cause - but I fear that some things never change.
10:57 AM on 01/25/2012
There should also be limits on the amounts unions, and parfticularly public unions, can contribute to political campaigns. Since they work for the government, public employees have a conflict of interest that exceeds private corporations.
12:46 PM on 01/25/2012
no, they don't.