Wednesday, November 17, 2010

Making Money Cash




Corporate cash does funny things to people. Sen. Jim DeMint (R-SC) got into office by pledging to fight "special interests," but just a decade or so later, he's running one of the biggest special interest shows in Washington. It's easy to see the appeal. As the fancy funding backing the Tea Party demonstrates, big money buys big things—from elections to populist outrage.


In a piece for Mother Jones, Kate Sheppard details some of DeMint's serious campaign finance flip-floppery. During his first bid for Congress in 1998, DeMint denounced the Political Action Committee (PAC) mechanism as a tool deployed by "special interests" that "corrupts" the electoral process. But today, DeMint is the single most important figure and fundraiser for Senate Tea Party races. He has endorsed and pledged millions of dollars to support fringe right-wingers Senate candidates Christine O'Donnell (Delaware) and Rand Paul (Kentucky). DeMint has funneled this money through his own Political Action Committee (PAC) known as the Senate Conservatives Fund. DeMint even pledged to "fight for reforms that allow only individual contributions to campaigns."


But as I note in a blog for Campaign for America's Future, DeMint isn't the only power player pouring money into the Tea Party. DeMint's 12 Tea Party Senate candidates have reaped over $4.6 million from Wall Street for this election—excluding Wall Street cash that has been funneled through DeMint's PAC. So much for all that grassroots rage against bailed-out elites.


The Tea Party bubble


And Wall Street's new Tea Party investment might just be the next big economic bubble. Joshua Holland at AlterNet surveys the campaign contributions of America's bailout barons. The 23 firms that received at least $1 billion in bailout money from taxpayers spent $1.4 million on campaign contributions—in September alone.


And these are just campaign contributions, which are essentially unaffected by the high court's ruling in Citizens United v. Federal Election Commission. The real corporate money is running through front-groups that run their own ads—not the official campaigns operated by political candidates. And these front-groups don't have to disclose where their money comes from.


Writing for Campus Progress, Simeon Tally highlights a frightening trend toward secrecy in U.S. elections, fueled by the Supreme Court's Citizens United decision. Back in 2004, 98 percent of outside groups disclosed who their donors were. Today, that number is just 32 percent. We're not just fighting corporate money bombs, we're fighting secret corporate money bombs.


Who really has the advantage?


While there's been much debate over who really comes out on top thanks to the post-Citizens United rules, Jesse Zwick notes for The Washington Independent, these stories are only talking about direct campaign contributions. Some might argue that Democrats have an advantage in disclosed funding, but Republicans have a six-to-one advantage money flowing through outside groups.


But wait, there's more!



  • Check out Matthew Reichbach and Trip Jennings' reporting for The New Mexico Independent on the fact that all of this spending from outside groups usually means money from outside the states where candidates are running. Outside expenditures have swelled to $5 million in two New Mexico House races—both in relatively cheap media markets.

  • AlterNet has been running loads of stories on crooked corporate cash, covering everything from the U.S. Chamber of Commerce's dirty dealings with AIG to the political spending habits of bailed-out banks. Joshua Holland rounds up eight of the articles here for AlterNet.

  • Comic artist Matt Bors makes light of America's new "growth industries" at Campus Progress, pointing to makers of anonymous political attack ads.



Marc Theissen recently asked some very important questions about where the Service Employees International Union (SEIU) is getting the mountains of cash that it spends on Democrat political campaigns. He finds that it is coming from foreign sources, but the SEIU is refusing to yield to requests for transparency.



If the SEIU is getting the millions of dollars it is spending on Democrats from foreign sources, this should put a major dent in the alarmist claims that Obama has been making about the U.S. Chamber of Commerce supposedly getting its money from outside the country — a charge that was resoundingly refuted. After all, if one of Obama’s biggest left-wing campaign supporters is suffused with foreign cash, why should it be such a big deal if anyone else is?


Sadly, the Old Media will never play up this aspect of Obama’s hypocrisy, but that is another subject.


In any case, Theissen asked the SEIU where its political cash was coming from because federal financial reporting records seemed to prove that it could not have been coming solely from the dues of American union members. Since the SEIU has thousands of members in foreign nations, Theissen wondered how that factored in.



Initially the SEIU lied to him and claimed that “most” of its political cash came from domestic dues payers. But Theissen persisted with his doubts. It wasn’t long before the SEIU admitted that they were lying previously.


“Most” of the money the SEIU uses for “political purposes” does not come from [the union's Committee on Political Education] COPE (to which you must be a U.S. citizen or permanent legal resident to contribute). “Most” of the SEIU’s political spending, he now admits, comes from other accounts.


Theissen still has more questions, ones that the SEIU is still stonewalling.


And who funds those other accounts? “Our own members,” Youngdahl writes. Well, the SEIU’s members include foreign workers and — as an SEIU executive boasts in this video — illegal immigrants. Youngdahl has twice failed to answer my question, so I will ask it a third time: Do the SEIU’s foreign workers and illegal immigrant members (who are by definition foreign nationals) contribute any money to the accounts that the union uses for “political purposes”?


It seems pretty clear that the SEIU is using the dues from illegal workers in the U.S. and foreign workers for its domestic political operations and that those funds are directed solely toward Obama and his Democrats.


Hypocrites extraordinaire.




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Scripting <b>News</b>: Design challenge: River of <b>News</b> in HTML

The design challenge is this. GIven the latest HTML techniques, do a mockup of a great River of News. If it's really something new, I'll put the software behind it and make it live. Permanent link to this item in the archive. ...

Google <b>News</b> Blog: Credit where credit is due

News publishers and readers both benefit when journalists get proper credit for their work. That can be difficult, with news spreading so quickly and many websites syndicating articles to others. That's why we're experimenting with two ...

Nintendo hasn&#39;t discontinued Wii Speak Wii <b>News</b> - Page 1 <b>...</b>

Read our Wii news of Nintendo hasn't discontinued Wii Speak.


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Corporate cash does funny things to people. Sen. Jim DeMint (R-SC) got into office by pledging to fight "special interests," but just a decade or so later, he's running one of the biggest special interest shows in Washington. It's easy to see the appeal. As the fancy funding backing the Tea Party demonstrates, big money buys big things—from elections to populist outrage.


In a piece for Mother Jones, Kate Sheppard details some of DeMint's serious campaign finance flip-floppery. During his first bid for Congress in 1998, DeMint denounced the Political Action Committee (PAC) mechanism as a tool deployed by "special interests" that "corrupts" the electoral process. But today, DeMint is the single most important figure and fundraiser for Senate Tea Party races. He has endorsed and pledged millions of dollars to support fringe right-wingers Senate candidates Christine O'Donnell (Delaware) and Rand Paul (Kentucky). DeMint has funneled this money through his own Political Action Committee (PAC) known as the Senate Conservatives Fund. DeMint even pledged to "fight for reforms that allow only individual contributions to campaigns."


But as I note in a blog for Campaign for America's Future, DeMint isn't the only power player pouring money into the Tea Party. DeMint's 12 Tea Party Senate candidates have reaped over $4.6 million from Wall Street for this election—excluding Wall Street cash that has been funneled through DeMint's PAC. So much for all that grassroots rage against bailed-out elites.


The Tea Party bubble


And Wall Street's new Tea Party investment might just be the next big economic bubble. Joshua Holland at AlterNet surveys the campaign contributions of America's bailout barons. The 23 firms that received at least $1 billion in bailout money from taxpayers spent $1.4 million on campaign contributions—in September alone.


And these are just campaign contributions, which are essentially unaffected by the high court's ruling in Citizens United v. Federal Election Commission. The real corporate money is running through front-groups that run their own ads—not the official campaigns operated by political candidates. And these front-groups don't have to disclose where their money comes from.


Writing for Campus Progress, Simeon Tally highlights a frightening trend toward secrecy in U.S. elections, fueled by the Supreme Court's Citizens United decision. Back in 2004, 98 percent of outside groups disclosed who their donors were. Today, that number is just 32 percent. We're not just fighting corporate money bombs, we're fighting secret corporate money bombs.


Who really has the advantage?


While there's been much debate over who really comes out on top thanks to the post-Citizens United rules, Jesse Zwick notes for The Washington Independent, these stories are only talking about direct campaign contributions. Some might argue that Democrats have an advantage in disclosed funding, but Republicans have a six-to-one advantage money flowing through outside groups.


But wait, there's more!



  • Check out Matthew Reichbach and Trip Jennings' reporting for The New Mexico Independent on the fact that all of this spending from outside groups usually means money from outside the states where candidates are running. Outside expenditures have swelled to $5 million in two New Mexico House races—both in relatively cheap media markets.

  • AlterNet has been running loads of stories on crooked corporate cash, covering everything from the U.S. Chamber of Commerce's dirty dealings with AIG to the political spending habits of bailed-out banks. Joshua Holland rounds up eight of the articles here for AlterNet.

  • Comic artist Matt Bors makes light of America's new "growth industries" at Campus Progress, pointing to makers of anonymous political attack ads.



Marc Theissen recently asked some very important questions about where the Service Employees International Union (SEIU) is getting the mountains of cash that it spends on Democrat political campaigns. He finds that it is coming from foreign sources, but the SEIU is refusing to yield to requests for transparency.



If the SEIU is getting the millions of dollars it is spending on Democrats from foreign sources, this should put a major dent in the alarmist claims that Obama has been making about the U.S. Chamber of Commerce supposedly getting its money from outside the country — a charge that was resoundingly refuted. After all, if one of Obama’s biggest left-wing campaign supporters is suffused with foreign cash, why should it be such a big deal if anyone else is?


Sadly, the Old Media will never play up this aspect of Obama’s hypocrisy, but that is another subject.


In any case, Theissen asked the SEIU where its political cash was coming from because federal financial reporting records seemed to prove that it could not have been coming solely from the dues of American union members. Since the SEIU has thousands of members in foreign nations, Theissen wondered how that factored in.



Initially the SEIU lied to him and claimed that “most” of its political cash came from domestic dues payers. But Theissen persisted with his doubts. It wasn’t long before the SEIU admitted that they were lying previously.


“Most” of the money the SEIU uses for “political purposes” does not come from [the union's Committee on Political Education] COPE (to which you must be a U.S. citizen or permanent legal resident to contribute). “Most” of the SEIU’s political spending, he now admits, comes from other accounts.


Theissen still has more questions, ones that the SEIU is still stonewalling.


And who funds those other accounts? “Our own members,” Youngdahl writes. Well, the SEIU’s members include foreign workers and — as an SEIU executive boasts in this video — illegal immigrants. Youngdahl has twice failed to answer my question, so I will ask it a third time: Do the SEIU’s foreign workers and illegal immigrant members (who are by definition foreign nationals) contribute any money to the accounts that the union uses for “political purposes”?


It seems pretty clear that the SEIU is using the dues from illegal workers in the U.S. and foreign workers for its domestic political operations and that those funds are directed solely toward Obama and his Democrats.


Hypocrites extraordinaire.




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Scripting <b>News</b>: Design challenge: River of <b>News</b> in HTML

The design challenge is this. GIven the latest HTML techniques, do a mockup of a great River of News. If it's really something new, I'll put the software behind it and make it live. Permanent link to this item in the archive. ...

Google <b>News</b> Blog: Credit where credit is due

News publishers and readers both benefit when journalists get proper credit for their work. That can be difficult, with news spreading so quickly and many websites syndicating articles to others. That's why we're experimenting with two ...

Nintendo hasn&#39;t discontinued Wii Speak Wii <b>News</b> - Page 1 <b>...</b>

Read our Wii news of Nintendo hasn't discontinued Wii Speak.


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Scripting <b>News</b>: Design challenge: River of <b>News</b> in HTML

The design challenge is this. GIven the latest HTML techniques, do a mockup of a great River of News. If it's really something new, I'll put the software behind it and make it live. Permanent link to this item in the archive. ...

Google <b>News</b> Blog: Credit where credit is due

News publishers and readers both benefit when journalists get proper credit for their work. That can be difficult, with news spreading so quickly and many websites syndicating articles to others. That's why we're experimenting with two ...

Nintendo hasn&#39;t discontinued Wii Speak Wii <b>News</b> - Page 1 <b>...</b>

Read our Wii news of Nintendo hasn't discontinued Wii Speak.


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Corporate cash does funny things to people. Sen. Jim DeMint (R-SC) got into office by pledging to fight "special interests," but just a decade or so later, he's running one of the biggest special interest shows in Washington. It's easy to see the appeal. As the fancy funding backing the Tea Party demonstrates, big money buys big things—from elections to populist outrage.


In a piece for Mother Jones, Kate Sheppard details some of DeMint's serious campaign finance flip-floppery. During his first bid for Congress in 1998, DeMint denounced the Political Action Committee (PAC) mechanism as a tool deployed by "special interests" that "corrupts" the electoral process. But today, DeMint is the single most important figure and fundraiser for Senate Tea Party races. He has endorsed and pledged millions of dollars to support fringe right-wingers Senate candidates Christine O'Donnell (Delaware) and Rand Paul (Kentucky). DeMint has funneled this money through his own Political Action Committee (PAC) known as the Senate Conservatives Fund. DeMint even pledged to "fight for reforms that allow only individual contributions to campaigns."


But as I note in a blog for Campaign for America's Future, DeMint isn't the only power player pouring money into the Tea Party. DeMint's 12 Tea Party Senate candidates have reaped over $4.6 million from Wall Street for this election—excluding Wall Street cash that has been funneled through DeMint's PAC. So much for all that grassroots rage against bailed-out elites.


The Tea Party bubble


And Wall Street's new Tea Party investment might just be the next big economic bubble. Joshua Holland at AlterNet surveys the campaign contributions of America's bailout barons. The 23 firms that received at least $1 billion in bailout money from taxpayers spent $1.4 million on campaign contributions—in September alone.


And these are just campaign contributions, which are essentially unaffected by the high court's ruling in Citizens United v. Federal Election Commission. The real corporate money is running through front-groups that run their own ads—not the official campaigns operated by political candidates. And these front-groups don't have to disclose where their money comes from.


Writing for Campus Progress, Simeon Tally highlights a frightening trend toward secrecy in U.S. elections, fueled by the Supreme Court's Citizens United decision. Back in 2004, 98 percent of outside groups disclosed who their donors were. Today, that number is just 32 percent. We're not just fighting corporate money bombs, we're fighting secret corporate money bombs.


Who really has the advantage?


While there's been much debate over who really comes out on top thanks to the post-Citizens United rules, Jesse Zwick notes for The Washington Independent, these stories are only talking about direct campaign contributions. Some might argue that Democrats have an advantage in disclosed funding, but Republicans have a six-to-one advantage money flowing through outside groups.


But wait, there's more!



  • Check out Matthew Reichbach and Trip Jennings' reporting for The New Mexico Independent on the fact that all of this spending from outside groups usually means money from outside the states where candidates are running. Outside expenditures have swelled to $5 million in two New Mexico House races—both in relatively cheap media markets.

  • AlterNet has been running loads of stories on crooked corporate cash, covering everything from the U.S. Chamber of Commerce's dirty dealings with AIG to the political spending habits of bailed-out banks. Joshua Holland rounds up eight of the articles here for AlterNet.

  • Comic artist Matt Bors makes light of America's new "growth industries" at Campus Progress, pointing to makers of anonymous political attack ads.



Marc Theissen recently asked some very important questions about where the Service Employees International Union (SEIU) is getting the mountains of cash that it spends on Democrat political campaigns. He finds that it is coming from foreign sources, but the SEIU is refusing to yield to requests for transparency.



If the SEIU is getting the millions of dollars it is spending on Democrats from foreign sources, this should put a major dent in the alarmist claims that Obama has been making about the U.S. Chamber of Commerce supposedly getting its money from outside the country — a charge that was resoundingly refuted. After all, if one of Obama’s biggest left-wing campaign supporters is suffused with foreign cash, why should it be such a big deal if anyone else is?


Sadly, the Old Media will never play up this aspect of Obama’s hypocrisy, but that is another subject.


In any case, Theissen asked the SEIU where its political cash was coming from because federal financial reporting records seemed to prove that it could not have been coming solely from the dues of American union members. Since the SEIU has thousands of members in foreign nations, Theissen wondered how that factored in.



Initially the SEIU lied to him and claimed that “most” of its political cash came from domestic dues payers. But Theissen persisted with his doubts. It wasn’t long before the SEIU admitted that they were lying previously.


“Most” of the money the SEIU uses for “political purposes” does not come from [the union's Committee on Political Education] COPE (to which you must be a U.S. citizen or permanent legal resident to contribute). “Most” of the SEIU’s political spending, he now admits, comes from other accounts.


Theissen still has more questions, ones that the SEIU is still stonewalling.


And who funds those other accounts? “Our own members,” Youngdahl writes. Well, the SEIU’s members include foreign workers and — as an SEIU executive boasts in this video — illegal immigrants. Youngdahl has twice failed to answer my question, so I will ask it a third time: Do the SEIU’s foreign workers and illegal immigrant members (who are by definition foreign nationals) contribute any money to the accounts that the union uses for “political purposes”?


It seems pretty clear that the SEIU is using the dues from illegal workers in the U.S. and foreign workers for its domestic political operations and that those funds are directed solely toward Obama and his Democrats.


Hypocrites extraordinaire.




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Scripting <b>News</b>: Design challenge: River of <b>News</b> in HTML

The design challenge is this. GIven the latest HTML techniques, do a mockup of a great River of News. If it's really something new, I'll put the software behind it and make it live. Permanent link to this item in the archive. ...

Google <b>News</b> Blog: Credit where credit is due

News publishers and readers both benefit when journalists get proper credit for their work. That can be difficult, with news spreading so quickly and many websites syndicating articles to others. That's why we're experimenting with two ...

Nintendo hasn&#39;t discontinued Wii Speak Wii <b>News</b> - Page 1 <b>...</b>

Read our Wii news of Nintendo hasn't discontinued Wii Speak.


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$3,000 CASH in 2 DAYS! by cashsystem


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Scripting <b>News</b>: Design challenge: River of <b>News</b> in HTML

The design challenge is this. GIven the latest HTML techniques, do a mockup of a great River of News. If it's really something new, I'll put the software behind it and make it live. Permanent link to this item in the archive. ...

Google <b>News</b> Blog: Credit where credit is due

News publishers and readers both benefit when journalists get proper credit for their work. That can be difficult, with news spreading so quickly and many websites syndicating articles to others. That's why we're experimenting with two ...

Nintendo hasn&#39;t discontinued Wii Speak Wii <b>News</b> - Page 1 <b>...</b>

Read our Wii news of Nintendo hasn't discontinued Wii Speak.


bench craft company scam

Scripting <b>News</b>: Design challenge: River of <b>News</b> in HTML

The design challenge is this. GIven the latest HTML techniques, do a mockup of a great River of News. If it's really something new, I'll put the software behind it and make it live. Permanent link to this item in the archive. ...

Google <b>News</b> Blog: Credit where credit is due

News publishers and readers both benefit when journalists get proper credit for their work. That can be difficult, with news spreading so quickly and many websites syndicating articles to others. That's why we're experimenting with two ...

Nintendo hasn&#39;t discontinued Wii Speak Wii <b>News</b> - Page 1 <b>...</b>

Read our Wii news of Nintendo hasn't discontinued Wii Speak.


benchcraft company scam

Scripting <b>News</b>: Design challenge: River of <b>News</b> in HTML

The design challenge is this. GIven the latest HTML techniques, do a mockup of a great River of News. If it's really something new, I'll put the software behind it and make it live. Permanent link to this item in the archive. ...

Google <b>News</b> Blog: Credit where credit is due

News publishers and readers both benefit when journalists get proper credit for their work. That can be difficult, with news spreading so quickly and many websites syndicating articles to others. That's why we're experimenting with two ...

Nintendo hasn&#39;t discontinued Wii Speak Wii <b>News</b> - Page 1 <b>...</b>

Read our Wii news of Nintendo hasn't discontinued Wii Speak.


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