This could be an interesting development in the 2016 race. Something we haven’t seen before.
Super PACs can spend whatever they want on ads, etc. so long as they do not coordinate with any specific candidate. They are a direct result of the Citizens United decision, of which we don’t have much of a beef. It’s way harder to buy elections than people think, and given the number of people entering the race for president (on the Republican side anyway) the current political money regime may actually be broadening the issue spectrum.
Saying this, we have an obligation to pay attention to who is throwing money around. Though it is hard to buy an election that doesn’t mean people won’t try.
Here is a list of the top “single donor super PACs” of 2014.
Terry McAuliffe is a Clinton era apparatchik from Syracuse and he wants the head political job in Richmond. He’s long coveted the position and was defeated 4 years ago in the primaries in his first quest. Now that he has the nomination however he is calling in his chips. Politico reports that McAuliffe recently met with Mr. Moneybagssodabanguncontrol, AKA Michael Bloomberg, AKA Mr. New York. Hooray.
The idea is that perhaps this little robot could fly from flower to flower pollinating plants in the same way that real bees do. We need the insects to grow food. With declining bee populations around the world this is a legitimate concern.
Also of legitimate concern is a drone the size of a penny which could perch itself on one’s windowsill. But I guess that’s why God invented fly swatters.
A great in-depth article on David Stockman, gadfly, revolutionary, Washington insider/outsider, and friend of Against Crony Capitalism.
The entire establishment hates Mr. Stockman because for the most part he is right, and that means bad things for the people who currently run the show.
Booz Allen is a company people rave about in Washington DC. Amazing benefits, very generous pay, and chock full of some of the best minds in the United States. It also is in the spook business. So what does that say?
First of all, end the Fed. Just had to say that. End it tomorrow. It is the source of the modern boom and bust cycle, extended the Great Depression, inflated the tech and housing bubbles, and has extended the Great Recession. (Some of its crimes.) Now “Mr. let’s end Glass-Steagall and blow up the world with derivatives” is unofficially throwing his hat in the ring for Fed Chairman. People of the world rejoice, a new dawn is breaking!
Though I have real issues Mayor Bloomberg, the publication which bares his name is often superb. We highlight their articles regularly at ACC.
But Bloomberg publishing has got a real problem on its hands. On Friday the story broke that reporters at the magazine and website may have had access to when bankers and traders from Goldman Sachs, The Federal Reserve, to the Vatican were online, and even what their keystrokes were. Pretty high quality information.
We have bike share in Washington DC and it seems to work pretty well. So long as the program is privately funded in New York I have no problem with it for the most part. (I believe the program is publicly funded in DC though, and the program in New York has still been decreed by city hall.) But Mike Bloomberg, New York’s Napoleon and Dietitian in Chief has decreed that if one is fat one may not use the bikes in the new program.
What is with this guy? He just thinks there is too much freedom. Guns, salt, soda, whatever. He knows best. The citizenry are to be tolerated to the degree that they are living annuities which keep the economy humming and that is about it.
Good information is the most valuable commodity one can posses. When good information comes from one of the most powerful entities in the known universe, the Federal Reserve, this is especially the case. Getting early access to whether the Fed will lower rates, raise rates, or keep them the same would be the ultimate advantage for an investor. Yesterday the world learned that such an advantage was given to some of the worlds largest banks, accidentally.
Sorry but Bill Mahr makes me laugh on occasion, such as in this clip.
People want desperately to think that things are not their fault. If you’re fat because you’ve spent a lifetime drinking Mountain Dew, it’s not your fault. It is society which has failed YOU. Those 2 liters were too easy to buy. The cups at 7-11, too big. You can’t be expected to control yourself, and that is why the people who are smarter than you, you know the government, must save you from yourself.
I’ve seen Mr. Bloomberg a few times in person. Each time he holds court and the people around him defer and genuflect. I get a very Napoleon like vibe from him.
I wonder if he, like Napoleon did, thinks that he is guided by a “shining star.” That Bloomberg’s will is fate, and fate is his will. New York is blessed to be under his rule.