Showing posts with label democracy. Show all posts
Showing posts with label democracy. Show all posts
Wednesday, August 27, 2008
Friday, December 14, 2007
The Price Tag for the Republican Nomination? US$19.5B

Mitt Romney's VC Firm to Buy Clear Channel
What would it cost to buy the support of just about every nationally syndicated neocon talk show host in America? About $19.5 billion, which is what Mitt Romney's private equity firm, Bain Capital, and Thomas H. Lee Partners have agreed to pay in a leveraged buyout agreement with Clear Channel Communications, the largest radio station owner in the country. This is part of a negotiation that has been pending for over a year.
Clear Channel owns more than 1,100 full-power AM, FM, and shortwave radio stations, twelve radio channels on XM Satellite Radio, and more than 30 television stations in the United States. Premiere Radio Networks, which is the largest syndication company in the United States, is a wholly owned subsidiary of Clear Channel and is home to Rush Limbaugh, Glenn Beck, and many others. Sean Hannity recently signed a large multi-market contract with Clear Channel, as well.
From an anonymous email:
"I'll bet those hosts won't reveal that conflict of interest, but it's worth noting when you hear them begin hyping Romney, which has already begun. A lot of GOP supporters will support whomever they are told to support, so be prepared for a big push for Romney. On the bright side, Romney has more vulnerabilities than Rudy, based on his record. Look at this as the GOP establishment doing us a favor. Rich men can bankroll their own campaigns (a la John Kerry), but it takes a special breed to use investors' money to buy entire networks that can operate as passive wings of a presidential campaign."
It should be noted that Mitt Romney, while no longer the CEO, remains a silent partner of Bain Capital.
More.
Despite pseudo-libertarian pep-talks, capitalism/ free market *does not* equate to democracy.
A democracy only works with education, freedom of the press and individual rights. When corporations buy, bribe and twist the system, democracy breaks down. Capitalism is great, but with oversight. What is capitalism's objective, by definition? Profit. What is the ultimate way to maximize profits? Slavery, even if masqueraded as a life of impoverished servitude where the banks are the ones who own your house, your car, etc.
Monday, December 03, 2007
Hacking the Presidential Vote

Today, that contempt for democracy is on display again. In California right now, there is a naked, out-in-the-open ploy to rig the 2008 presidential election -- and it may succeed.
Today, the Republicans are trying to exploit the discontent with the Electoral College among Americans in a way that would rig the system in their favor. At the moment, every state apart from Maine and Nebraska hands out its Electoral College votes according to a winner-takes-all system. This means that if 51 percent of people in California vote Democrat, the Democrats get 100 percent of California's electoral votes; if 51 percent of people in Texas vote Republican, the Republicans get 100 percent of Texas' electoral votes.
The Republicans want to change this -- but in only one Democrat-leaning state. California has gone Democratic in presidential elections since 1988, and winning the sunny state is essential if the Democrats are going to retake the White House. So the Republicans have now begun a plan to break up California's Electoral College votes and award a huge chunk of them to their side.
...
If this were being done in every state, everywhere, it would be an improvement. California's forgotten Republicans would be represented in the Electoral College, and so would Texas' forgotten Democrats. But by doing it in California alone, they are simply giving the Republicans a massive electoral gift. Suddenly it would be extremely hard for a Democrat ever to win the White House; they would need a landslide victory everywhere else to counter this vast structural imbalance against them on the West Coast.
But then constitutional scholars realized there was another way. The Constitution only requires that each state must "appoint" its presidential electors "in such manner as the legislature thereof may direct." That leaves a glimmer of hope. The Campaign for a National Popular Vote is campaigning for every state simply to commit its delegates to the Electoral College to vote 100 per cent for the candidate who wins the popular vote.
This would render the Electoral College a forgotten technicality. It's very revealing that when the California state Senate voted to introduce this genuinely democratic system last year, the Republican governor, Arnold Schwarzenegger, vetoed it, with the support of his party.
More.
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