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7 Plutocrats That Bankrolled the GOP Primary -- and What They Want in Return

Our elections have replaced horse racing as the sport of the nation's most obscenely wealthy.
 
 
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Leave it to Bill Moyers, one of America's most useful citizens, to sum up our country's present political plight in a  succinct metaphor: "Our elections have replaced horse racing as the sport of kings. These kings are multibillionaire, corporate moguls who by divine right--not of God, but [of the Supreme Court's] Citizens United decision--are now buying politicians like so much pricey horseflesh."

Pricey, indeed. In its disgraceful, democracy-crushing  judicial edict of January 2010, the Court took the big advantage that America's corporate elite already had in politics--and super-sized it. This is the first presidential election to be run under the rigged rules invented by the Court's five-man corporatist majority, and even though voting day is months away, we can already see the results of the thuggish power they bestowed on the moneyed few.

In this year's Republican nominating contests, a new, supremely-authorized critter not only arose, but instantly became the dominant force in the game, allowing a handful of extremely wealthy players to shove their selfish agenda ahead of all other interests in the election process:  SuperPACs! These are secretive money funnels that various political partisans have set up to take advantage of the Court's implausible finding that the Constitution allows corporations and super-rich individuals to put unlimited sums of money into "independent" campaigns to elect or defeat whomever they choose. (I should note that the justices' ruling was a model of fairness in that it also allows poor people to put unlimited amounts of their money into SuperPACs.)

These new entities amassed and spent vastly more than the campaigns of the actual candidates. Nearly all of this SuperPAC cash was used to flood the airwaves with biblical levels of nauseatingly negative attack ads, further debasing our nation's democratic process. Thanks for that, Supremes.

The Court's surreal rationale for allowing this special-interest distortion of elections was that SuperPACs would be entirely independent from the candidates they back. In his Citizens United opinion, Justice Anthony Kennedy blithely wrote: "We now conclude that independent expenditures, including those made by corporations, do not give rise to corruption or the appearance of corruption."

Wow, if ignorance is bliss, he must be ecstatic! Not only are SuperPACs and candidates tighter than the bark on a tree, but allowing unlimited special-interest money into campaigns is inherently corrupting.

Of course, these justices knew what they were doing: enthroning the wealthiest Americans, not merely to reign supreme over the political process, but also to control government. In a nation of 313 million people and an electorate of 217 million, fewer than a hundred über-wealthy individuals and corporations (a tiny fraction of a fraction of even the 1 percent) shaped the GOP presidential debate and nomination to their personal benefit.

While the conventional media dwelled on such sideshows as the snarling nastiness among some of the candidates and whether or not Romney could get any love from the GOP's hard-right, Bible-pounding, social-issues faction--the million-dollar-plus givers to the SuperPACs were having one-on-one conversations with each candidate "in quiet rooms" (as Mitt Romney so-genteelly  put it). There, they flexed their enormous money muscle to make certain that the core Republican agenda would be their own, squarely-focused on the narrow economic, financial, environ- mental, governmental, and international interests of the 0.01 percent.

As of May 4, this corporate clique had poured an unprecedented  $94 million into the SuperPACs of the leading five GOP contenders (with $52 million of that going to Renew Our Future, Romney's money funnel). This firepower was all the more potent because it was targeted at only the few thousand voters in each state who participated in the caucuses and primaries. And it bought just what the moneybags wanted--the lockstep commitment by all contenders that--no matter how they might differ on abortion, gay-bashing, and such--they would govern according to the Holy Kochian vision of a regulation-free, union-free, tax-free America. Thus, no matter which horse any of the multimillionaires and billionaires bet on, they would cash-in as winners, for this tiny group now owns one of America's two major parties (and, yes, often rents the other).

 
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