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Democracy of the Billionaires


#1

Democracy of the Billionaires

Nomi Prins

Speaking of the need for citizen participation in our national politics in his finalState of the Union address, President Obama said, “Our brand of democracy is hard.” A more accurate characterization might have been: “Our brand of democracy is cold hard cash.”


#4

Thanks Nomi for all the facts and figures. It is good to know just what the quid and the pro quo are cooking up in the kitchen.


#9

Great framing of the Presidency as media-sporting event:

"And at this point, believe it or not, thanks to the Supreme Court’s Citizens United decision of 2010 and the super PACs that arose from it, all the billionaires aren’t even nailed down or faintly tapped out yet. In fact, some of them are already preparing to jump ship on their initial candidate of choice or reserving the really big bucks for closer to game time, when only two nominees will be duking it out for the White House."

Ain't that the truth!


#10

As the bipartisan elites and their Wall Street patrons rapidly embody nazi - fascist political & economic cultures, it is urgent for the Sanders movement to cultivate a nation-wide nexus of local democratic-republican-anarcho-syndicalist polities and economies/social ecologies. We already need to envision how we will replace the reactionaries, who will become increasingly blatant in their fasist convictions over this Spring & Summer. We need local political visions, organizations, and explorations of not only parliamentarian multi-partisan cultures, but also of comparative studies of these cultures and how well they enable and empower us to embrace and transition the Sixth Great Extinction as we devolve the US empire and grow the global anti-imperialism and global anti-profiteering culture. Finally, we need to with increasing dexterity envision and articulate the compelling alternatives to status quo culture in all its guises.


#11

Although I rarely watch TV, there is no way I will turn one on between Labor Day and Election Day 2016. I do not want to watch the biggest insult to human intelligence in history.


#12

I think you meant country. How about Canada for starts? I know, the fossil fuel interests have dominated their politics... filthy mammon, same as us. Maybe Trudeau can overcome that. But, getting back to your topic, they don't start wars of aggression, they have national health care, they are mostly really nice.


#15

To expand upon Nomi's analysis of Ted Cruz, a couple of years ago when Cruz was pushing to cut Medicare it was pointed out that Cruz doesn't need the taxpayer funded Cadillac medical insurance that comes with the Congresscritter package because his wife's Rolls Royce medical insurance that she gets for being a Goldman Sucks executive is so much better. Irony is that if Congress had not used billions of taxpayers' dollars to bail out Goldman, Cruz's wife would be unemployed. The taxpayer bailouts are funding Cruz's Rolls Royce medical insurance while he is pushing to destroy our medical insurance.


#17

Of all the commentary and news of campaign 2016, Nomi Prins has written the most definitive analysis of both the campaign and the American electorate to date. She even gives homage to Bernie's people's campaign and ironically has forecast its doom--because in the US of 2016 money talks and everything else just fades into irrelevance.


#18

When Salvador Allende was elected by the people in Chile in '73' a man the right had labeled falsely a socialist even a Marxist - supposedly Kissinger made the comment to affect that the people of Chile cannot be allowed to make such a mistake and the powers that be set about a plan to overthrow him and we all know what happened..
I cannot help but think that are now powers thinking along the same lines here in the US if Bernie Sanders was to get elected by the people..
For those who know of the attempt to overthrow FDR by wealthy interests in the 30's who's “New Deal” threatened their power this may not be so hard to believe..


#19

No, none of this was supposed to happen. Prof. Fukiyama declared "and end to history" because global capitalism had finally and forever prevailed, the US was and always would be the world's "lone superpower," and socialism and socialist movements were forever dead. I'm reminded of Mark Twain commenting on his own obituary. Shortly thereafter (post-Fukiyama) almost every S. American nation elected socialist or left-leaning leaders.

And last night, falling asleep with the tv on PBS only because no-one else was still on about Iowa, one of the long-standing beltway boobs that Charlie Rose surrounds himself with declared with rock-solid and immediate certainty "Sanders will never win the nomination or the Presidency." Same guy was probably pushing the fraud that no-one saw the 2008 collapse coming. I did, and I barely understand the difference between macroeconomics and macrobiotics.


#20

Art will play an important role. Bring on a new wave of zines.


#22

When people talk about democracy, they are usually referring to representative government. Of course it's all about money. Today, the rich have full representation, the middle class have quite a lot, the poor have absolutely no representation. Keep in mind that the poor view the middle class the way the middle class view the rich, for many of the same reasons. We're divided -- rich vs. middle class vs. poor. Big fish eats little fish, only to be eaten by bigger fish. I see no reason to expect this to change in the foreseeable future, regardless of how the 2016 election goes.

Each time in the past that the richest few were able to gain power over government, the masses -- poor and middle class, workers and the jobless -- united to successfully push back, to everyone's benefit. That can't happen this time.


#23

So the poor should vote for someone who promises to protect the advantages of the middle class -- just don't expect a crumb to trickle down? You can't buy a loaf of bread with promises of eventual jobs.


#24

Actually, even liberals embraced class-based fascist ideology, elevating the middle class and clearly no longer regarding the truly poor as legitimate human beings, deserving of the most basic human rights (per the UN's UDHR) of food and shelter. That's just the way it is. You want a revolution? OK, for whom, and for what? On organizing, think back: Occupy began as an extraordinary people's movement. But before we even had time to catch our breath, it was redefined (by Dem pols, liberal media, then many participants themselves) as a middle class movement alone. The rest of us walked away. Now what?