We have lost our democracy to a wealthy few

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Thom Hartmann A...
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Today – total SuperPAC spending this election cycle is set to top $100 million dollars – more proof that the oligarchs are trying to buy this year’s elections.  The general election has just barely started, and already outside spending this time around has dwarfed previous election years. 

In 2008 – total outside spending at this point was just $31 million dollars – Romney’s SuperPAC alone has beaten that number already.  And this year’s spending has passed all the outside spending in the 2004 election – even with all the swift boat ads against John Kerry that year.  Of the $100 million spent  - more than 90% of it has come from corporations, millionaires, and billionaires supporting the Republican Party. 

This year will be the ultimate test of people power versus money power.  That’s why it’s so crucial to stay organized and active over the next several months. 

Comments

camaroman
camaroman's picture
You got that right! Of then

You got that right! Of then 10 richest counties in America, most around DC, 7 voted overwhelmingly for Obama. Yes we have lost our democracy to wealthy liberal/progressives. Teh rich will support Romney but the super rich support Obama.

camaroman
camaroman's picture
In fact 22 of the 30 richest

In fact 22 of the 30 richest counties in Amerika voted overwhelmingly democrat in the 2008 election.

http://www.city-data.com/forum/politics-other-controversies/747697-22-top-30-wealthiest-counties-u.html

Yessir, the few wealthy that control Obama have stolen democracy.

antikakistocrat
antikakistocrat's picture
Yeah we've had the Bilderberg

Yeah we've had the Bilderberg Group stage every election since JFK.

Thanks for the update Thom.  

camaroman
camaroman's picture
More than 64 percent of

More than 64 percent of President Obama's itemized donations in the second quarter came from the nation's 41 Industrial Metropolis counties, which hold the biggest cities, and the 285 Monied Burb counties that sit around them.

http://www.pbs.org/newshour/rundown/2011/09/obamas-donor-support-footprint-for-2012.html

camaroman
camaroman's picture
Right, Anti. It really makes

Right, Anti. It really makes no difference which Bilderberg candidate the sheeple vote for, nothing is really going to change. The sheeple think they have a choice but in essence to elite puppeteers could care less which of their puppets gets elected.

CollegeConservative
CollegeConservative's picture
We lost democracy way before

We lost democracy way before that when have the country stoped paying income tax and 60% of the country geting some form of check the person who can promise the most goodies wins.

Art
Art's picture
Quote: We lost democracy way

Quote:
 We lost democracy way before that when have the country stoped paying income tax and 60% of the country geting some form of check the person who can promise the most goodies wins.
Do you think you could flesh that out a little bit. Just throwing these big memes out there doesn't tell us very much specifically about what you're saying. 

Why do you isolate Federal lifestyle taxes as a catagory separate from other kinds of taxes? What 60% of the country get a check from the Government? Are you taliking about Social Security benefits? Civil Service pension benefits? Federal tax loopholes for large Corporations? Federal subsidies for factory farmers? Federal matching funds for infrastructure spending?  Could you break these down some so we know exactly what you're talking about?

CollegeConservative
CollegeConservative's picture
Im talking individual income

Im talking individual income tax cause it makes up 50% of the federal revenue  so if you dont have a correlation to increase in government benefits and increase in their taxes. That being said 32.4% of the us population  depends on the fed for food stamps, health care and subsidized housing.  This rate goes even higher when you add the unemployment benefits, loan forgiveness, mortgage assistance programs which I could not fid data on but ill do further research.

drc2
Have you heard of David

Have you heard of David Graeber?  I had so hoped that you might be open to education or at least for the defense of your assertions against some facts other than economic statistics in the abstract.  His book, DEBT, questions the entire frame of the "Stupid Economy" electoral realism.  If you only want to appreciate why wealth has to be redistributed rather than aggregated in a functional economic system, think system.  Imbalances must be corrected, and the question for profit motive capitalism is how much the faith in aggressive personal interests will be "balanced" by the functions of the system.  

Any number of rational economists could explain this were you interested.  The promise of aggressive risk capitalism has always been that the price of greed will be less than the good it delivers.  Out of the slop and froth of the liberated market will come the blessings never possible were ends and outcomes planned and met by government.  Or was it the amazing efficiencies of competition driving out lower quality/value and rewarding those who produce the best products and services?  It is hard to remember which way this "system" is supposed to work--other than it has always promised to "lift all boats."   And lied.

When you look at the cost shifting accomplished by Corporate and the Elite from their previously high marginal incomes and regulated financial structures to the present, what you get does look like a lot of poor people depedent upon a relatively narrow strata of the political economy for their support.  We have a serious revenue problem because those tax cuts to the wealthy did not create jobs or spread prosperity.  As they pay less, we pay more and/or we lose the services we seemed able to afford quite nicely before.  When we look at other comparable societies, we pay more for less across the board.  Record profits, but employees need to take another hit.  Gap between the wealthy few and the rest deepens.  Would that it only widened.

Whatever you "learned" in college seems to have filled your mind with illusions and delusions instead of awareness.  Making money in dysfunction and entropy does not make it healthy.  Doing something of value may not pay well.  It is still more worth your time than doing things of no value for money.  The games played in finance are all about doing things of no value for money.  It is 'very smart, cynical and Republican' to like the idea of something for nothing at the top.  All the more reason to complain about it happening in reverse.

CollegeConservative
CollegeConservative's picture
That is the most pseudo

That is the most pseudo intellectual response i have ever heard.  I bring you facts you bring me broad generalist platitudes, if you cant support your argument with facts please dont speak.

Art
Art's picture
Well then, we'll have to

Well then, we'll have to deconstruct your thesis.

Quote:
Im talking individual income tax cause it makes up 50% of the federal revenue  so if you dont have a correlation to increase in government benefits and increase in their taxes.
"so if you dont have a correlation to increase in government benefits and increase in their taxes . . "Then, what? Your subordinate conjunction is missing a subordinate clause. I don't know what you're trying to say.  
Quote:
That being said 32.4% of the us population  depends on the fed for food stamps, health care and subsidized housing.
We have no way to know if that is a credible figure, but assuming it is, that doesn't seem that remarkable in a depression. With health care, are you talking about Medicare and VA Health care? Also, what's wrong with food stamps? They're a great benefit to farmers who produce too much food.
Quote:
This rate goes even higher when you add the unemployment benefits,
Wouldn't you expect a lot of [people using unemployment benefits in a depression?
Quote:
loan forgiveness, mortgage assistance programs which I could not fid data on but ill do further research.
Get back to us when you've looked into this. 

In the meantime, are you really sure that you want to tell us that 60%of the population gets a check from the Government for these kinds of things?

CollegeConservative
CollegeConservative's picture
Well i know that 60 includes

Well i know that 60 includes ss and medicare and medicade so I dont know what it is with out those.  What I mean by the correlation between taxes and benefits is two fold one that if you got more benifiets but your taxes go up for said benefits you will eventually come to the assumption that the money you are spending in taxes to pay for these benefits could give you better benifiets if you spent it yourself. Two that when you dont pay any tax that provides for half the revenue there is a disconect between the benifiet and its funding so that if i promise you something you dont think about how it will be paid for but what you will get because you have no stake in the majority of the funding .

Art
Art's picture
So. this is what you meant

So. this is what you meant when you wrote " We lost democracy way before that when have the country stoped paying income tax and 60% of the country geting some form of check the person who can promise the most goodies wins."? Why did you separate out just federal lifestyle taxes apart from all the other taxes people pay? Are these the only taxes that are of interest to you? Don't the others count as taxes? 

CollegeConservative
CollegeConservative's picture
Well cause when you total up

Well cause when you total up excise, gift,corporate, income and corporate taxes it makes up 67.7% of the federal revenue.  The other 32.3% is fica taxes which in truth is not a true tax because its your contribution to a a system you will eventually draw from. So in truth if all you pay is fica you are not contributing anything to upkeep and growth of the country your only paying in to your own social security acount.

Art
Art's picture
You don't count sales taxes,

You don't count sales taxes, property taxes, gasoline taxes excise taxes? All these other taxes that everybody pays to Government? Don't you consider anything but Federal income taxes?

CollegeConservative
CollegeConservative's picture
cause there is no federal

cause there is no federal sales tax or property tax Iam purely talking about federal taxes.

Art
Art's picture
[quote]That's kind of a

[quote]That's kind of a shame. If you want to talk about who pays taxes and who doesn't, you really need to talk about total Government. This article shows how the various income groupings pay taxes compared to their income. The graph at the bottom shows a slightly progressive curve. It shows that poor and lower income people by no means get off the hook for paying taxes. It really is not impressive that some people may get money back from the Federal in order to compensate for inordinately high payments to Government with other kinds of taxes.