JB Williams- The True American maverick
Posted in DaleyGator Columnists on May 18th, 2008 by gatordougThe True American Maverick
The True American Maverick
The Facts about Institutional Campaign Funding
Written by JB Williams
©2008 USA
The 2008 Presidential election promises to make history no matter who wins. It will cost more than $1 Billion dollars to fill a $400,000 a year job and not one of the three remaining candidates is qualified for that job. Now that’s a history making event worthy of comment!
Every dollar is spent in an effort to buy a politician and every politician is for sale. There are only four types of political contributions.
The individual attempt to buy gifts from the public trough via Democratic Socialism
The individual effort to buy freedom and liberty and reverse Democratic Socialism
The institutional effort to buy commercial advantage in an increasingly over-regulated economy
The international effort to buy access to American assets for global use
Every penny spent on national campaigns represents an investment in one or more of these four categories. At the base, there are two opposing agendas. On one side are those seeking the rights to the earnings of others for personal gifts from and treasury and/or commercial advantage by way of government secured and protected monopolies for profit.
On the other side are those seeking the old American right to Life, Liberty and Happiness in a free-market of ideas, enterprise and individual earnings. These two concepts are always at war with each other and in modern politics, politicians pander to one side or the other, sometimes both, in pursuit of personal political power and wealth.
Despite campaign rhetoric, every candidate is for sale. The question is, - who is buying them and for which agenda? This is a study of the top 20 institutional political investors for each of the three remaining presidential candidates in the 2008 race - and you might be surprised to learn who is buying whom and why. Believe it - EVERY last penny is intended to “lobby” the recipient for future favor!
As you will see, the notion that “fat cat” corporate investors are not influencing every campaign is an outright lie. These are America ’s smartest investors. This money is not being spent for nothing.
Meet the Pros The most professional political investors are those smart enough to buy favor from all candidates so that no matter who wins the election, their favors are covered. In the top 20 institutional investors list, we find five such investors and to no surprise, all five are masters of investment strategy and they have only one political ideology, win no matter what. In order of contribution, they are…
| Goldman Sachs |
$1,118,601 |
11.5% |
48.7% |
39.8% |
| Citigroup Inc |
$944,800 |
21.8% |
35.1% |
43.1% |
| Morgan Stanley |
$781,372 |
16.0% |
32.5% |
51.6% |
| JP Morgan Chase & Co |
$753,122 |
16.4% |
47.0% |
36.6% |
| Lehman Brothers |
$680,557 |
14.5% |
45.9% |
39.6% |
| Total |
$4,278,452 |
McCain | Obama | Clinton |
These five institutional givers appear on the top 20 donors list for each of the three presidential candidates. And again, contrary to campaign rhetoric, you can see that these “fat cat” institutional investors favor Democrats Obama and Clinton, not capitalist Republican pig John McCain. So, one can conclude that these five companies belong in categories 1 and 3 above, but are hedging their bets to cover their favors no matter who wins the election. Obama is the big winner in this category.Meet the Democratic Socialist Ideologues These investors are driven by political ideologies and they invest only in those politicians who see things as they see them. They too hedge their bets a bit by funding all candidates who represent their ideology, in hopes that at least one of them will win. They do not fund across ideological lines to any degree. The following seven institutional givers appear only on Democrats Obama and Clinton top 20 donor lists.
| University of California |
$611,943 |
60.7% |
39.3% |
| National Amusements Inc |
$560,561 |
55.9% |
44.1% |
| Skadden, Arps et al |
$491,023 |
54.3% |
45.7% |
| Time Warner |
$452,878 |
54.3% |
45.7% |
| Kirkland & Ellis |
$383,527 |
49.8% |
50.2% |
| Microsoft Corp |
$373,662 |
52.5% |
47.5% |
| Latham & Watkins |
$364,479 |
54.9% |
45.1% |
| Total |
$3,238,073 |
Obama | Clinton |
This group firmly belongs to groups 1, 3 and 4 above and in their quest for commercial favor from Democratic Socialists in Washington , they clearly favor Obama. Obama wins this category.Meet the Anti-Obama Investors These four institutional investors support both Clinton and McCain, indicating some level of discomfort with Barack Obama, though the cause of that discomfort is not investigated here.
| Merrill Lynch |
$409,259 |
55.4% |
44.6% |
| Greenberg Traurig LLP |
$370,737 |
46.9% |
53.1% |
| PricewaterhouseCoopers |
$256,850 |
27.2% |
72.8% |
| Bear Stearns |
$234,990 |
34.1% |
65.9% |
| Total |
$1,271,836 |
McCain | Clinton |
In the anti-Obama camp, Clinton wins this category.
So far, we can see that capitalist Republican pig John McCain is not doing so well with “fat cat” corporate investors attempting to buy a politician. When we take a look at the top 20 for each candidate, here’s who is winning the race for “fat cat” corporate “lobby” campaign funds.
1st Place goes to Barack Obama - $5,716,902 (43.3%) 2nd Place goes to Hillary Clinton - $5,121,632 (38.8%)
3rd Place goes to John McCain – 2,376,705 (18%) Barack Obama is the clear winner among the top 20 political “fat cats.” But if we study the campaign totals from all institutional givers, Obama’s margin of victory is much larger than it appears here. Obama is by far the best funded political campaign of the season and as you can see, it isn’t all coming from poor little government dependent voters in $10.00 contributions as his campaign claims.To look even closer at the money in search of favor, we will look at the donors who have given exclusively to each campaign.
Obama’s Strongest Supporters These corporate donors support Obama exclusively… groups 1, 3 and 4.
| Google Inc |
$293,974 |
Most powerful Internet Search Engine | |
| Harvard University |
$292,441 |
Where Obama attended Law School | |
| Sidley Austin LLP |
$287,795 |
Global law firm with 1800 lawyers in 16 international offices | |
| Jones Day |
$245,875 |
2300 international lawyers around the globe | |
| Exelon Corp |
$229,861 |
Electric and Natural Gas Distribution and largest US Nuclear Operator | |
| Wilmerhale Llp |
$215,231 |
1000 lawyers in U.S., Europe and Asia | |
| University of Chicago |
$208,007 |
An “ethnically diverse” private coeducation institution |
Clinton’s Strongest Supporters These corporate donors are exclusively funding Clinton … groups 1, 3 and 4.
| DLA Piper |
$505,200 |
3,700 international lawyers in 64 offices in 25 countries | |
| EMILY’s List |
$323,567 |
dedicated to building a progressive America by electing pro-choice Democratic women | |
| Ernst & Young |
$164,525 |
a global leader in assurance, tax, transaction and advisory services. | |
| News Corp |
$152,550 |
Rupert Murdoch and “right-wing” FOX News Networks and Newspapers |
McCain’s Strongest Supporters These corporate donors appear exclusively on McCain’s top 20 list… groups 2 and 3.
| Blank Rome LLP |
$222,050 |
U.S. Law firm | |
| AT&T Inc |
$149,305 |
U.S. Telecommunications Company | |
| Credit Suisse Group |
$115,625 |
An international financial services group | |
| Univision Communications |
$87,000 |
Spanish Language Media Group serving U.S. Market | |
| Bank of New York Mellon |
$86,500 |
U.S. Asset Management Firm | |
| Blackstone Group |
$86,350 |
U.S. Investment Management Services | |
| IDT Corp |
$84,850 |
Long Distance Telecommunications Service | |
| Wachovia Corp |
$84,050 |
U.S. Personal and Commercial Financial Services Company | |
| MGM Mirage |
$76,100 |
U.S. Casino Operator | |
| Bridgewater Assoc |
$69,900 |
$150 billion International asset management company |
This group of political investors belongs to groups 2 and 3 above, seeking free open markets, capitalism and individual freedom to make individual choices. This is the only group McCain is winning.The Agendas are clear in the Donors Lists Obama’s support is coming largely from the “elitist” crowd of international lawyers, powerbrokers and ethnic organizations hoping to seat the second black president.
Clinton’s support is coming from the “elitist” crowd of international lawyers, powerbrokers, and pro-abortion women’s groups hoping to seat the former First Lady behind the Oval Office desk and turn Bill loose in his playpen again. McCain’s support is coming mostly from U.S. corporations seeking to protect free-market conditions. Though I can’t let the Spanish Language Media Group or the International asset manage company go without note, due to McCain’s ongoing support for open immigration laws and some form of amnesty for illegal migrants already living in America .Having said that, the stark differences in the donors list of top 20 for each candidate make the agenda’s behind each candidate glaringly obvious. Two candidates are raising money from elitist sources interested in global socialist international initiatives and one is funded largely by U.S. organizations interested in U.S. interests.
Again, a look at all of the institutional investors for these three candidates galvanizes this picture even further. Much more detail is available at www.OpenSecrets.org
An even Finer Point on Topic The ill-advised passage of McCain-Feingold resulted in the advent of the 527 organization, where millions more are poured into the election process in a completely unregulated and often untraceable form.
Democrats invented and lead the 527 fund-raising race by wide margin as well, money above and beyond all the direct campaign money reported here. The agendas of the three candidates come into crystal clear focus when you research the agenda’s of the 527 organization behind each candidate.
The Inescapable Conclusion All politicians are for sale. Every penny invested in any campaign has a purpose to it and an expected return attached to it. Rich “fat cats” are NOT leaning towards Republican McCain, but rather towards Barack Obama and Hillary Clinton. Rupert Murdoch and News Corp are not part of some “right-wing” propaganda machine since they are supporting Hillary Clinton for President.
And when it comes to “fat cat” elitist powerbrokers buying politicians, Barack Obama is hands down the clear favorite!
Keep these facts in mind as you listen to each candidate blame the other for selling out to corporate contributions, international interests and “fat cat” elitists….
The facts really do matter! If we continue to ignore them, we get what we deserve because as Forest Gump’s momma said, “stupid is as stupid does!”
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| A More Perfect Union Rests on a Balance of Ideas By Nancy Salvato “In framing a government which is to be administered by men over men, the great difficulty lies in this: you must first enable the government to control the governed; and in the next place oblige it to control itself.” – James Madison, Federalist #51 Classical Philosophy By reading the Greek historians Herodotus (484BC-425BC), Thucydides (460BC-395BC), known as the father of scientific history and political realism, Polybius (203BC-120BC), who wrote about political balance, and Plutarch (46AD-120AD) who emphasized the importance of virtue, and philosophers Plato (428BC-348BC), known for his theory of forms and Aristotle (384BC-322BC), who created a system of philosophy, and the Roman philosophers Cicero (106BC-43BC), the famous orator and historians such as Livy (59 BC – AD 17), the framers became well acquainted with the greatest thinkers of Greek and Roman civilizations. From Plato and Aristotle, “they learned about monarchical, aristocratic, and democratic constitutions, about oligarchies and democracies, about tyrannies and kingships, about the origin and nature of government, and about the polity—that regime described by Aristotle as essentially a limited democracy blending the monarchical, aristocratic, and democratic elements of government, in which the greatest political power is exercised by landholders.” From their extensive studies, they concluded, as indicated in Thomas Jefferson’s own words, that, “History informs us what bad government is.” A good constitution enables society to have a high degree of liberty, order, and justice. When people expect a perfect union instead of a more perfect union, this is when we’re headed for trouble. No country has ever attained perfect freedom, order, and justice for everyone, though some have tried to force such a goal. This sort of utopianism breeds disastrous consequences. Modern Political Philosophy Leo Strauss (1899-1973), a “political philosophy” professor, despised utopianism, an impossibly idealistic social theory of which modern day examples include Nazism and Communism. He was well acquainted with the danger wrought by any regime that aspired to global domination, having lived through the rise of Hitler and Stalin. Strauss spent most of his career teaching at the University of Chicago and studying the writings of the ancient Greeks. Strauss understood that America is founded on a mixture of classical (Greco-Roman), Biblical, and modern political philosophy which included the ideas of Machiavelli (1469-1527), whose Discourses on Livy explained how to start a republic with the necessary checks and balances, Hobbes (1588-1679), an English philosopher who wrote in Leviathan about the need for strong central authority, and Hume (1711-1776), a Scottish philosopher, who developed a naturalistic philosophy putting trust in human reason. Modern political philosophers were reacting to the dominant influence of revelation in their day. Their philosophies were rooted in science and reason. Biblical Philosophy Protestant biblical philosophers, such as Luther (1483-1546), who challenged the authority of the Papacy by writing that faith need not be mediated by the church, and Calvin (1509-1564), a French Protestant Theologian were, at first, authoritarian and gave sovereignty to the monarch. This was in contrast to Catholic theorists, who limited the power of Kings to preserve their own authority and the autonomy of the Church. Protestants, for obvious political reasons, enlisted the aid of the Kings to resist the Catholic Church. However, Protestant sects soon rejected the top-down ecclesiastical structure of power in favor of a bottom-up approach. Their own church was to be run by members of the congregation and they began to think of political authority in the same way. Anglicans were more politically conservative, favoring governmental authority, whereas Quakers tended toward more radical democratic ideas. Strauss learned much from his study of religion, classical, and modern political philosophy. He recognized that religion could be constructive or destructive, depending on the belief system. He also recognized religion’s role as a balance to moral relativism, the replacement of moral authority with progress and science. He focused his teachings on the tension that has evolved in western civilization between what he called “life in accordance with Revelation or the life according to Reason — Jerusalem versus Athens.” Strauss taught his students that the liberty that we take for granted and which stems from the mixture of classical, Biblical, and modern political philosophy is at risk not only from outside forces, but from swinging too far in the direction of the radical left and radical right wing factions in this country. Outside forces, such as radical Islamists, who use terrorism as a tool to wage violent Jihad against our country are not open to talk and persuasion. Militant and religious extremists inside our own country do great damage to individual freedom, as well. Know Thy Enemy Straussians are critics of multiculturalism. They believe this movement has contributed to a decline in education and that within this institution there is a need to revive a, “sense of citizenship and civic responsibility.” There is also a need to repair, “vital national institutions such as the armed forces,” so that we can protect ourselves from our outside enemies. But first we need to recognize our enemies. William Bennett said it best after 9/11, stating that we need a moral clarity so that we can recognize evil. |
Nancy Salvato is the President and Director of Constitutional Literacy Program for Basics Project, a non-profit, non-partisan 501(c)(3) research and educational project whose mission is to re-introduce the American public to the basic elements of our constitutional heritage while providing non-partisan, fact-based information on relevant socio-political issues important to our country, specifically the threats of aggressive Islamofascism and the American Fifth Column. She serves as the Assistant Provost for the American College of Education and as a Senior Editor for The New Media Journal. She is also a staff writer, for the New Media Alliance, Inc., a non-profit (501c3) coalition of writers and grass-roots media outlets, and a frequent contributing writer to The World & I educational magazine. |