General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe enshittification of politics
The "enshittification of the Internet" is a phrase to describe what has happened to the Internet over the last twenty years or so. Back in the mid-aughts, "disruptive" companies like Facebook, Netflix, Amazon, etc. released lean, free/low-cost products, which became very popular. During this time, these companies took massive financial losses just so they could grab as much market share as possible. Once they'd sucked in as many users as they could, they had to start making money, and so their services declined in quality while becoming ever-more loaded with ads (even if you're paying for the service) and regular price increases. (Side note: I believe these money-grubbing practices go a long way towards explaining why so many people are down on the economy these days.)
The enshittification of politics is the logical conclusion of Congress's failure to enact campaign finance reform and turbocharged by the radical Supreme Court's Citizen's United decision. With no limit on how much money can be spent on U.S. elections, the sums required to run just get higher and higher -- it's essentially an arms race. Politicians in high-profile races can no longer run a campaign with just small donor contributions. They HAVE to take big donor money, or they might as well not bother.
2008 election cycle (prior to Citizens United)
2024 election cycle
This obviously gives big donors a massive amount of leverage over politicians. Politicians cannot compete without their money, so they're forced to take it. Then, if the politician doesn't do what the big donor wants, the big donor simply kills their campaign by withdrawing their money. It's insanely corrupt.
Follow the money and connect the dots...
May 6, 2024: US Crypto Super PACs Have Raised More Than $100 Million, Report Says
Only two other political groups, or super PACs, have raised more money than the crypto sector this election cycle, Public Citizen said. The money raised by crypto-backed super PACs shows how crypto companies are hoping to influence policies in their favor as the industry is facing increased scrutiny from regulators such as the Securities and Exchange Commission, as well as lawmakers.
May 26, 2024: As crypto cash floods Washington, Congress eyes gentler regulations
June 29, 2024: Binance must face bulk of US SEC crypto lawsuit, judge rules
The decision by Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia deals a blow to Binance, which had asked the court to toss the SEC's lawsuit that alleges Binance and its founder and former CEO Changpeng Zhao broke securities laws.
July 2, 2024: IRS Issues Crypto Broker Regulations
(snip)
Werfel also mentioned how the new rules will ensure high net worth individuals (HNIs) do not evade taxes using cryptocurrencies and other digital assets.
July 12, 2024: Cryptocurrency is One of The Most Overlooked Threats Against our Democracy
Theyve announced that they will spend significant money in the Montana, Ohio, Michigan, and Maryland Senate racescrucial states that will decide who controls Congress.
July 12, 2024: Democratic Party strangling itself': Rage at donors 'bribing politicians' to oust Biden
July 13, 2024: Wanna-be oligarchs. Silicon Valley and Crypto bros are major players in this election.
Citizens need to keep an eye on this!
They are part of the big money donors trying to turn Dems away from Biden in order to get Crypto deregulated. If they succeed, the consequences are completely unpredictable. They stand to take over banking, and replace the dollar as an international currency. Could also usher in collapse of currencies, and a wave of untraceable financial crime.
July 18, 2024: Some threads: Polling and the Crypto boys
- BlueLabs received funding from Sequoia Capital, a Silicon Valley venture tech firm that funds crypto start-ups. https://www.opensecrets.org/campaign-expenditures/vendor?vendor=BlueLabs+Analytics
(snip)
(Rep. Jim) Himes was the first to start the un-nominate Biden ball rolling. He is a former Goldman Sachs banker, and advocate for the US central bank to adopt digital currency.
July 18, 2024: Trump Requests $844,600 for Fundraiser Seat at Bitcoin Conference
(snip)
Attendance will be limited to 100 to 150 donors, who will enjoy drinks and hors doeuvres while mingling with influential guests, according to the email. Following the reception, guests will get front-row seats to watch Trump deliver a speech on Bitcoin, the message added.
July 18, 2024: The Silicon Valley realignment leading tech titans to Trump
July 19, 2024: Tech/Crypto Bros bought Nate Silver "pollster"
July 19, 2024: Fmr Rep Sean Patrick Maloney former chr of DCCC is now a big cryto bro & may be behind today's anti-Biden text messages
(snip)
On the same day that Biden publicly announced Maloneys nomination last May, cryptocurrency trading platform Coinbase announced their appointment of Maloney to their five-person Global Advisory Council. Less than a month later, the Securities and Exchange Commission charged Coinbase with operating as an unregistered securities exchange
In other words, it's not Biden's age that these big donors have a problem with, it's his policies (increase taxes on the rich, regulate cryptocurrencies). They want him out, and replaced with someone more friendly to their interests.
I think this is as good an explanation as any for why some highly experienced Democratic politicians are suddenly acting as if they know nothing whatsoever about politics. The strategic buffoonery of trying to toss out your incumbent president through a month-long campaign of leaks to the media and "death by a thousand cuts" announcements makes a lot more sense if you consider that these Democrats are under serious behind-the-scenes pressure to do this, or their campaigns are essentially over.
We keep hearing stories about how Democrats are worried that if Biden stays in, we'll lose control of the House, or the Senate. We've been led to believe that Democrats are concerned about Biden being a drag on down-ticket races. But what if it's even more straightforward than that? What if the real reason for their concern is that if they don't follow the orders of the billionaires, the billionaires will simply pull their funding and leave our candidates high and dry?
If only we had a non-complicit media who might be interested in investigating this further. But of course, they're part of the problem. The people who run media companies ALSO make massive campaign contributions to politicians. Not only that, but they benefit from these insanely huge sums of money flowing through our political system in the form of ad dollars, which are a major windfall for media companies. It is in their interest to not only keep this system alive, but to milk it for as much as they can. There's a reason why political campaigns in this country are now multi-year, 365 days a year, 24/7 activities.
It sure seems like there is some major extortion going on here behind the scenes.
Doc Sportello
(7,879 posts)Damning expose that lays out the case perfectly. I hope this gets spread far and wide.
Edit to add: this is who/what Biden needs to run against. Tech bros vulture capitalism, including the repubs VP choice and his horrible history as the prime target.
Don't quit, Joe. Your country needs you!
flying_wahini
(7,637 posts)Thanks Earl. You have outdone yourself.
Can I PLEASE share?
EarlG
(22,371 posts)There's a "Share" button on the OP specifically for this purpose -- or share it however you like, of course.
Celerity
(46,154 posts)karin_sj
(1,027 posts)That's a lot of people. Makes me wonder if Biden had kept quiet about cryptocurrency, taxing the rich, and his plans to reform the Supreme Court, if we might be in a different place today. I think that those three campaign promises have made some powerful people very uncomfortable. I can't believe how many democrats are on that list. Are any of them who are NOT pushing for Biden to step down not on that list? Notice that Bernie's not on there, nor Elizabeth Warren, nor AOC... Really disheartening to see some of my favorites on that list.
ChazII
(6,277 posts)he is listed as 'Strongly supportive'.
Bev54
(11,282 posts)To Pres Biden and First Lady, VP Harris and Biden campaign. I explained a bit about the group and said they can research the group before opening the link but it needs to be read. I hope more people will do so. I added the Sean Patrick Maloney connection as well.
Please have others do the same, President Biden and his allies need to read this.
OneGrassRoot
(23,308 posts)Bettie
(16,723 posts)They are trying to buy our government.
They don't want Biden because he can't be bought.
Too bad a minority of our congresspersons can be.
msfiddlestix
(7,566 posts)Thank you so much for this carefully laid out background.
I feel like this needs to be required reading for the current times we're in.
If I could, I'd pin it !
ms liberty
(9,467 posts)And thank you, EarlG for laying it out so clearly!
bigtree
(88,645 posts)Ninga
(8,480 posts)All of us need to forward this as widely as possible.
dobleremolque
(816 posts)And remember, Carlin's observations were more than 10 years ago.
So what can we DO about it? What action can we take as individuals and voters who are not billionaires? I'm working on Democratic GOTV projects, but I feel like I'm trying to bail out a sinking boat with a teaspoon. It's really really hard not to despair.
Biophilic
(4,352 posts)How scary this all is. I honestly dont want to be part of when America loses its democracy.
Hugin
(34,221 posts)Im gonna bask in this for a bit.
Silent Type
(5,315 posts)fine with Biden until the debate. At that point things changed.
With that said, definitely don't like the idea of big donors having this much influence on a presidential -- or any other -- election. Hope some day, we can get the big money out of politics along with criminals and vile candidates like trump.
Ninga
(8,480 posts)were indeed the Cryptocurrency Billionaires, who were ready to pull current polling out of their back pockets and Bidens poor debate made it easier. The work put into this explanation is verified via the timeline, names, and links. I have no doubt Earl is spot on, hit the true target. .
Silent Type
(5,315 posts)Doc Sportello
(7,879 posts)I will counteract your unsubstantiated claim with facts:
snip
"Billionaires from coast to coast are putting their influence and money behind Donald Trump, a wave of support that is helping the former president narrow his fundraising gap with President Joe Biden and seize new momentum in his race for the White House.
Some have already donated millions to his campaign, some have announced plans to do so, and some are only saying for now that they will vote for him.Trump, meanwhile, is returning the favor. He is reportedly promising to make policy changes that would help their businesses and perhaps even rely on them as advisers if he returns to the White House. The Wall Street Journal reported Wednesday that Trump and Tesla (TSLA) CEO Elon Musk have discussed a formal advisory role for the billionaire if Trump should win.
https://finance.yahoo.com/news/prominent-billionaires-from-wall-street-to-silicon-valley-are-warming-up-to-donald-trump-080018971.html
***
Paywall but here's the headline which explains it - and it was written BEFORE the debate:
Trump Outraises Biden in May as Billionaires Cut Big Checks
https://www.bloomberg.com/news/articles/2024-06-21/trump-outraises-biden-in-may-as-billionaires-start-giving-big?embedded-checkout=true
***
Sorry, you're going to have to make up something else to defend the tech bros trying to take over our government.
Silent Type
(5,315 posts)We are talking about Democratic donors. I still believe Biden was doing relatively well up until debate.
Doc Sportello
(7,879 posts)So wrong again. Not even a good try. Your premise was wrong and is still wrong.
Silent Type
(5,315 posts)is about Republicans opening up their wallets for trump. Not a big surprise.
The article is not about former Democratic donors switching to trump.
Doc Sportello
(7,879 posts)But now I remember you. Pointless to go on.
Silent Type
(5,315 posts)Response to Silent Type (Reply #108)
wnylib This message was self-deleted by its author.
Response to Silent Type (Reply #21)
wnylib This message was self-deleted by its author.
Kali
(55,453 posts)could they have just been waiting for a stumble?
Demsrule86
(70,542 posts)EarlG
(22,371 posts)But I think the reason that this just seems so weird to everyone right now is that the political fallout from the bad debate could have been easily overcome if the entire party had worked in unison to counteract it. And instead, we're still doing this shit, almost a month later.
First, Biden had a bad performance at the debate. Like, really bad. That's fair. There were already questions about his age, and there were definitely rumblings of concern among both the party and voters following the debate.
But he was then asked to perform a series of tests -- do an interview, now do a press conference, now get out on the campaign trail and talk to voters, now do another interview, now do another press conference, now speak to the nation about how Trump almost got assassinated. And he did all that, and quite effectively, while maintaining the entire time that he was not going to drop out.
But instead of the calls for him to drop out getting quieter, they got louder. Every day that Biden has been out there proving that the debate was an anomaly and he is in fact up to the job, there's been a steady drip-drip-drip of Democratic politicians coming out and saying he should drop out. It's been almost a month since the debate, and they're still playing this game. Even while polls are showing that Biden is still most certainly in the race, and may even be improving his position.
From a political point of view, it makes no sense. Why try to take down your own candidate -- and keep trying to take him down -- when he is clearly stating that he's not going anywhere? But from a financial standpoint, it makes all the sense in the world. If you have big donors calling you and telling you that if you don't ditch Biden, the money spigot is getting turned off, that is not just an incentive, but an imperative. You HAVE to listen, or you're screwed.
I think it's why some of the Democrats, like Sherrod Brown, have put out statements that sound almost like hostage videos:
I agree with the many Ohioans who have reached out to me. At this critical time, our full attention must return to these important issues. I think the President should end his campaign."
Brown knows that just by releasing this statement, he's adding to the pressure on Biden. But he doesn't say anything at all about Biden's fitness or ability to serve -- it's like he's trying to tell Biden to drop out in the weakest way possible. Almost as if he needs to placate someone important, but he's not very happy about it...
Sneederbunk
(14,850 posts)Nullifiers had to wait until debate, which was their hook. However, Biden rebounded and performed well. Nullifiers are incongruous.
Sympthsical
(9,832 posts)And sometimes, when you can't treat the disease, you focus on what you can treat.
We're having palliative discussions almost. It's interesting to observe at least.
Lifeafter70
(309 posts)It is what he said in regards to his platform and policies. His performance gave them the excuse to start the narrative they needed to further their goal. That goal is a candidate who is corporate friendly. To hell with the working class, we should be grateful for whatever crumbs the toss our way.
Silent Type
(5,315 posts)I don't and doubt they are either.
Lifeafter70
(309 posts)Do not support her. This has been made clear with the talk of a " mini primary" if it was not about policy and all about his age that would not have been suggested. It's about his policies.
Silent Type
(5,315 posts)know any of them, but it doesn't sound like they are saying they are no longer supporting Democrats.
Lifeafter70
(309 posts)That's not a full throated support for Harris. It is certainly not in support of Biden's agenda. I'm of the age when they taught critical thinking in highschool. Lived long enough to know a bait and switch when I see one.
Silent Type
(5,315 posts)Lifeafter70
(309 posts)The donors you are referring to are not who he is taking about. So I'm done talking in circles with you.
orangecrush
(20,870 posts)Demsrule86
(70,542 posts)Biden on the other hand is likely to beat Trump. I know with media hysteria, it may seem otherwise but that's it. CNN had a short post today about how voters who just don't understand were still supporting Biden and he would not leave the race. How dare we ruin their plans .
Also, I will kick this. There is a plan to boycott big news starting tomorrow for a week. I am going to do it. Let's show these arrogant bastards what people can do. Spread the word and show them that they need us to watch their crappy shows and we will not be lied to or manipulated.
Silent Type
(5,315 posts)dawg
(10,687 posts)The money gives wealthy donors leverage over candidates, but it also gives candidates leverage over the media.
Not many for-profit companies are willing to risk losing half of that money pile by telling a few inconvenient truths. Hence the "bothsidersism" and "normalization".
The love of money is the root of all evil.
usonian
(12,092 posts)A bit more:
https://democraticunderground.com/100219185477
Schumpeter at the economist.
Tech bros love J.D. Vance. Many CEOs are scared stiff
Their first gripe is over cryptocurrencies and the blockchain. (Regulation)
Next come concerns about Mr Bidens efforts to regulate artificial intelligence (ai). ... They say the order provides an unfair advantage to tech giants, which have vastly more resources to deal with red tape. (Both sides of the aisle have expressed concern)
The third, and most immediate, concern is Mr Bidens latest budget proposal, which includes a 25% tax on unrealised capital gains for those with over $100m of wealth. (Proposal)
Although bosses may like the sound of tax cuts and deregulation, they fear further descent into protectionism and political chaos. There are Mr Trumps tariff threats, echoed by Mr Vance, that risk inflaming trade wars, and the spectre of mass deportation of immigrants, which may exacerbate labour shortages. There is economic populism: Were done catering to Wall Street, Mr Vance thundered.
https://archive.ph/Tyofv or
https://www.economist.com/business/2024/07/17/tech-bros-love-jd-vance-many-ceos-are-scared-stiff
Tech Bro's have completely taken over the GOP.
Don't let it happen here!
--------------
This was from a reply someone made at Hacker News.
The OP merely linked to the article at The Economist, and was flagged to oblivion in the VC-friendly forum.
I hope with all my heart that Joe and Kamala triumph over this "Chicken Coup" attempt.
Worst case, Joe might want to back off (for now) from the capital gains tax proposal, which seems to have the billioniaire class in a gunpowder plot. OR NOT.
To them I say:
OFF WITH THEIR HOODS!
The "ELEPHANT" in the room is that the conspirators, and the "billion dollar computer model" that said Joe would lose to this despicable piece of shit.
APPARENTLY DIDN'T COME UP WITH AN ALTERNATIVE.
Oops, replace the leader with ABSOLUTELY NOBODY.
It's like shooting your horse and trying to win the race with a goat.
The value of data and projections is NOT the money you paid for them.
It's their predictive value, which you know the day after the election.
These are the only recognizable names I could imagine who have not committed 100% to Biden and Harris
Joe Manchin?
Stella Artois?
Mark Cuban?
LeBron James? ( oops, busy)
Merrick Garland?
Abigail Disney?
Michael Bloomberg?
Arnold Schwarzenegger?
And Kindly note that the support from Bernie Sanders and AOC AND Elizabeth Warren tells me
That this is right wing fuckery.
Do I want some unknown nominee?
Here's a fact:
When it comes to beating Trump ...
THAN BIDEN
And here's how to pass the torch.
WHERE THE SUN DON'T SHINE
niyad
(117,679 posts)highplainsdem
(51,299 posts)moondust
(20,282 posts)I don't follow EU politics too closely but I never hear of BIG MONEY corrupting their politics. I've wondered if that's because of their multiparty systems that would seem to be harder to manipulate and corrupt than a two-party/binary system. Maybe the Europeans are just politically smarter and more egalitarian than Americans. And less corrupted by predatory capitalism.
Liberté, égalité, fraternité.
EarlG
(22,371 posts)How much can political parties spend at general elections?
Limits only apply to party spending during the 365 days before polling day known as the regulated period For the last general election on 4 July 2024, the regulated period began on 6 July 2023. Each party can spend £54,010 for each constituency that they contest. A party that chooses to contest all 632 seats in Great Britain at the election will therefore be able to spend just over £34m.
The maximum amount that a political party can spend if it contests every single seat in the UK is about $44 million. Meanwhile in the US we are about to spend over $10 BILLION on this year's elections.
They also have laws in the UK about media coverage of elections, and laws preventing the reporting of polls on election day itself.
If we tried this here, the Supreme Court would call it a violation of the First Amendment.
Prairie Gates
(2,136 posts)It would get in the way of their 8 weeks of paid vacation.
pansypoo53219
(21,443 posts)Wild blueberry
(6,984 posts)Thank you for this, EarlG.
A terrific post!
PortTack
(33,901 posts)littlemissmartypants
(23,647 posts)Thanks, EarlG. Well done! ❤️
Lifeafter70
(309 posts)Posted a few times it is about his policy not his age. Just the fact that not only are the asking him to step down but they are now passing over Harris by suggesting a mini primary. It's the platform and policies.
littlemissmartypants
(23,647 posts)How do we fight this???
orwell
(7,852 posts)...and endemic to the ratfuckery that is rampant today.
In this age of unlimited information we are becoming an Idiocracy.
It has always been "follow the money", but now more than ever that path is obscured by mountains of complexity and algorithm driven disinfo targeting.
Most people do not understand how much they are being manipulated and how effective it is.
Drink your Brawndo...it's got electrolytes!
Thanks for the detailed post.
BumRushDaShow
(137,149 posts)Only you could come up with a word like that!
littlemissmartypants
(23,647 posts)BumRushDaShow
(137,149 posts)littlemissmartypants
(23,647 posts)He has taken a know word and expanded its definition. He definitely deserves credit for that.
❤️
BumRushDaShow
(137,149 posts)Exactly my point! Not unlike this -
(where he famously personifies that march towards the enshittification" ).
littlemissmartypants
(23,647 posts)I actually think someone should edit Wikipedia to include his definition! Wouldn't that be something!
❤️
EarlG
(22,371 posts)I referenced the original usage in my opening paragraph.
littlemissmartypants
(23,647 posts)Not to down play or criticize your post at all.
I think it should be sent out everywhere as a LTTE.
It would certainly be a great DU GOTV project if you were to ask each of us willing to do so.
Change you moniker and replace it with "The Democratic Underground" and I'd fire it off to as many places as I can find. But only with your permission.
As for the difference in the contextual usage, I don't think that the degradation of goods and the degradation of the voting process are much different actually. I certainly see similarly.
Thanks again! We'll done! ❤️
BumRushDaShow
(137,149 posts)is spot on!!
littlemissmartypants
(23,647 posts)4dog
(513 posts)for those who would like to sample his present- and future-oriented thinking, go to https://pluralistic.net/ or search for Cory Doctorow.
littlemissmartypants
(23,647 posts)Qutzupalotl
(14,837 posts)BumRushDaShow
(137,149 posts)BootinUp
(48,273 posts)I think it is critically important that we beat this little revolt down. C R I T I C A L.
Botany
(71,686 posts)The bottom line is that crypto currency is basically worthless but it is bringing in
billions of dollars of real money from suckers who invest in it and President Joe
wants to stop that scam so the crypto people are all in trying to stop President
Biden.
And looky here bogus polls which are backed by Russia, Rupert Murdoch, and
Manafort are being used to drive the Joe must go movement.
https://www.democraticunderground.com/100219193600
WarGamer
(14,083 posts)Inflation... right?
ancianita
(37,606 posts)Tech bros will not be ruled by democracy but instead intend to run their own privatized government.
Yours is a much needed and important historical review of where we are as tech world goes "all your bases are belong to us."
Thank you.
littlemissmartypants
(23,647 posts)ancianita
(37,606 posts)littlemissmartypants
(23,647 posts)2000 something....
Pinback
(12,609 posts)I knew Maloney primarily as the guy who presided over the loss of the House majority in 2022 (including his own seat! ). I didnt know of his involvement with the cryptocurrency industry.
Supposedly he was forced to sever any official relationship with the crypto lobby when Sen. Warren pressured him during the confirmation process for his appointment to OECD:
https://www.politico.com/news/2024/02/14/elizabeth-warren-wins-crypto-recusals-from-biden-nominee-00141390
But who knows how cozy a relationship he still may have with Coinbase?
BTW, former Atlanta mayor Keisha Lance Bottoms is affiliated with Coinbase and a Biden campaign advisor
(https://www.tradingview.com/news/cointelegraph:2173693b5094b:0-coinbase-global-adviser-to-join-president-biden-s-reelection-campaign/ )
Their efforts to keep regulators at nay will only intensify.
LudwigPastorius
(10,222 posts)a handful of elected officials in Congress, our party has been corrupted nearly beyond our ability to do anything about it?
How are you going to reconcile that with the Core Principles stating that divisive attacks against Democrats are not welcome, and the rule not to vilify members of the Democratic coalition or imply that they are fake Democrats?
There have been quite a few posts lately calling people like Nancy Pelosi, Adam Schiff, and Chuck Schumer traitors, and what you wrote doesnt address that. If anything, it could encourage this sort of thing to continue.
Ninga
(8,480 posts)Earl wrote a compelling argument and provided attribution.
EarlG
(22,371 posts)All signs indicate that the debate furor should have died down by now, after Biden made a whole bunch of successful appearances, and then we had the RNC with Trump's horrible speech doing him no favors. Biden has done everything asked of him, and the political landscape has changed since the debate. Despite this, the pressure on Biden is not declining -- it's increasing.
I'm not saying these Democrats are taking bribes. I'm not saying that some of them don't genuinely believe that Biden is going to be a drag on down ticket races, based on non-financial factors.
I'm saying that this there are extra-political forces applying pressure to this race, using the vast sums of money at their disposal to apply both carrot and stick to Democratic politicians, who unfortunately have no means to do anything about it.
I mean, House and Senate Democrats SHOULD panic, and rightly so, if a handful of rich donors suddenly tell them that they're only going to have half the funds (or less) that they were expecting to run their races this year. If that happens, it really could cause us to lose the House and Senate. But that's the fault of the big donors and the shitty system we have, not Joe Biden.
NBachers
(17,747 posts)to our senses if we- and they- can pull this election out and win.
bluestarone
(17,827 posts)Billionaires will destroy our country. I hated CRYPTO from the very beginning.
4dog
(513 posts)Ninga
(8,480 posts)benfranklin1776
(6,503 posts)This lays out the money trail in excruciating detail. The critical takeaway though is this has royally pissed off the voters who selected President Biden overwhelmingly and in the calculus of these financial puppeteers we dont matter except that we sure as hell do. WE are EVERYTHING and WE possess the power to defeat those undermining him and supporting the most abhorrent scumbag to ever hold that office so if WE use our righteous anger at this overt subversion of the democratic process then WE can kick these fascist puppet masters asses back to the primordial depths of their nihilistic netherworld from which they slithered.
joanbarnes
(1,845 posts)Of course they all connect. Thank you EarlG.
liberalmuse
(18,823 posts)This needs to be posted on every political platform.
Think. Again.
(14,943 posts)NewHendoLib
(60,285 posts)KS Toronado
(18,595 posts)Enough with the guy with the most money wins, nothing fair about our current system.
SouthBayDem
(32,410 posts)Thank you so much Earl!
DENVERPOPS
(9,553 posts)Thank you!!!!!
Oneironaut
(5,715 posts)We badly need low campaign contribution limits. If we did, we wouldnt have this astroturfed anti-Biden stuff happening. Half of these people dont even care if the US stays a Democracy.
Grolph_
(111 posts)It will always disappoint you in the end. So much human motivation is based on obtaining a few more pieces of silver.
It is the media that tells us a presidential campaign will cost $1B. That is the entry fee to even get mentioned during the nightly news. If you don't have the cash, you are not a serious candidate.
I believe I heard a house seat averages $7M. For $180K/year job?
The wealthy are buying this country, the Supremes say it is OK.
Do what they say or they will withhold their funds.
If the Republicans take control, there will be "closing papers" instead of an inauguration.
President Biden and VP Harris are the only option that will help those of us who have to worry about how much money is in the account today.
We need campaign financing reform that the Supremes cannot overrule.
Yo_Mama_Been_Loggin
(112,349 posts)They don't even pretend to be ethical today.
Hermit-The-Prog
(36,125 posts)This election will either cement the power of the filthy rich to control this country, or be the beginning of taking it back by voters.
Koch and the billionaires have been training the judges* and politicians while slowly turning bits and pieces of government in their favor.
*
To put the success into perspective, MacLean points to the fact that Henry Manne, whom Buchanan was instrumental in hiring, created legal programs for law professors and federal judges which could boast that by 1990 two of every five sitting federal judges had participated. 40 percent of the U.S. federal judiciary, writes MacLean, had been treated to a Koch-backed curriculum.
https://www.ineteconomics.org/perspectives/blog/meet-the-economist-behind-the-one-percents-stealth-takeover-of-america
ismnotwasm
(42,351 posts)Its very, very difficult
Duncan Grant
(8,388 posts)I cant tell you how happy I am to see a critical analysis with citations, links, and evidence. Excellent!
ibegurpard
(16,804 posts)drray23
(7,775 posts)In a newspaper and then get invited to discuss it on morning Joe or Lawrence o donnel.
I don't know if you could get it published but it's worth a read by a much larger audience than just democratic underground.
chia
(2,320 posts)Let's keep this on top of the page!
Bev54
(11,282 posts)I hope everyone will send a copy to the president, first lady, vice president and to Biden's campaign office. This needs to be read.
Ninga
(8,480 posts)Demsrule86
(70,542 posts)calling for his ouster. Our Republic is at stake.
Thank you for providing us with this information and all the work it took to gather it!!
misanthrope
(7,877 posts)As I've said, the United States is no stranger to oligarchy and anyone with a familiarity of its history would know that.
LeftInTX
(28,787 posts)These crypto-bros are high stakes gamblers too. Traditional Democratic megadonors are generally not high risk takers. These professional gamblers just want to create anarchy.
GreenWave
(8,391 posts)aocommunalpunch
(4,323 posts)Too many think Dems are somehow immune from the corrupting influence of money and donations. Ive been yelling about it for years, so nice to see others jump into the water. We all work for who pays us. Guess who pays modern politicians? Without the money out, this will continue. Bank on it. Literally.
OldBaldy1701E
(5,718 posts)When was politics not shitty? It has always been a cutthroat, no holds barred, knockdown drag out and I have seen nothing to make me feel that this has changed at all.
Of course there is extortion. When your entire reality is based on money, then money really can do anything. We let this happen because we are programmed to believe that money is the only thing any human wants and what all humans kill and die for. Those who have it are now making sure a progressive mentality does not take hold of the party and, by extension, the country. Progressives want equality. Progressives want protections from greedy, vulturistic businesses. Progressives want quality controls and accountability. The wealthy don't want that. At all.
But, above all else, progressives want to show that there are other options in this country besides being rich or dying while making someone else rich. Those who expect us to worship them because they have the majority of the things know that their claim to power would disappear. So, they are trying to make sure that does not happen. Even if it destroys the nation as it now exists.
Because, face facts, if those fascists win, ultimate greed will still be in fashion and will still be encouraged. So, for the wealthy and their sycophants in this country, not a whole lot will change, now will it?
PatrickforB
(14,911 posts)one big, huge, shit-ificated, billionaire/Wall Street SQUEEZE.
This is raw greed and it is disgustingly banal.
TygrBright
(20,917 posts)bromeando
(60 posts)These rich donors can buy the politicians but they can't buy a patriot's vote.
Botany
(71,686 posts).... the Washington Post, the lead story on
MSNBC, and CNN.
Thank You Earl this outstanding work.
Yorkie Mom
(16,520 posts)It seems that you think that the only reason democrats are asking Biden to step aside is because of money and your well documented timeline.
Do you think this has nothing to do with Biden's health?
As the owner and admin your opinion means a lot.
EarlG
(22,371 posts)his doctors keep giving very transparent and comprehensive reports on how hes doing, and they dont seem concerned.
Anything else for example, the idea that some Democrats know something about his health that theyre not telling us for some reason seems like speculation to me.
You ask a good question though
I think it speaks to the fact that so much of what is flooding the zone out there right now is just rumormongering.
There are still firm facts in play for example, Bidens doctors reports that we can point to and say, this is true. If there is evidence to the contrary, then we can evaluate it/when its made public. We just have to see it.
Yorkie Mom
(16,520 posts)For me, it's a wait and see. I can't wrap my head around them (top dems) doing what they are unless they think there is a health issue, and a serious one at that. I guess we'll know soon one way or the other because the statements coming out seem to be more direct.
DemonGoddess
(4,827 posts)Thank you!
yellowdogintexas
(22,636 posts)Especially the part about the rich CEOs and so on wanting him out because of the very good things he wants to do (which will make them make a teeny bit less money)
Thank you for this !!!
summer_in_TX
(3,021 posts)I'd just run across a thread on Twitter | X that goes right along with this. I'd posted part of the thread here: https://www.democraticunderground.com/?com=view_post&forum=1002&pid=19198132
The kicker in what she (Dr. Lisa Corrigan) was her last point:
"The Dump Biden convo is the GameStop short squeeze of election season."
orangecrush
(20,870 posts)Battling this bullshit even here, as we have been seeing.
I remember the purges of yesteryear.
Perhaps that would put a stop to the attempted dragging down of the ticket.
I hope I'm not out of line for saying so, and if I am, I sincerely apologize.
https://www.democraticunderground.com/100219180095
applegrove
(121,335 posts)take on Biden's age where the majority of voters, 70%, think Biden is too old. I doubt very much Nanci Pelosi is driven by big donors. Plus if Biden stays on he can brag that is how he'd handle an insurrection. With relentless steel.
S/V Loner
(9,072 posts)They are hedging their bets so, no matter who gets elected, they come out winners. It was, and always had been, about the money.
Blue Full Moon
(639 posts)Corporate personhood the base cause.
Peacetrain
(23,559 posts)Thank You Earl G for doing that and the links.. much appreciated
SocialDemocrat61
(2,149 posts)Yo_Mama_Been_Loggin
(112,349 posts)It allows money to anonymously change hands.
Pepsidog
(6,290 posts)He basically said it was a crypto play but I didnt understand the implications. Great reporting here.
nuxvomica
(12,731 posts)Talking about how Biden needs to step down and rhapsodizing about how Biden mentored him, sometimes with 3-hour breakfast meetings, to show how fond he is of the president. He was one of the earliest to call for Biden stepping down and has been a huge supporter of cryptocurrency, enjoying an "A" rating from "Stands with Crypto".
...
Linda ladeewolf
(220 posts)Ive been reading bits and pieces of this for months and couldnt tie it all together. My memory is not what it used to be, but my instincts still work. It all felt like a huge conspiracy and I hate conspiracies. I could see something but just couldnt hang on to the thread long enough to connect the dots.
We need to get big money out of the election system. We need desperately to overturn citizens United! We need to tax churches and any organizations that interfere in our elections and government. We need especially to tax the wealthy and all corporations heavily so they dont have the money to buy our government. We need to make lobbying illegal as well. We need to raise the minimum wage to a livable amount so it doesnt matter how corporations try to stiff us. Putting a ceiling on rents and gas prices and passing a few rules on corporations wouldnt hurt either. Like if you sell to Americans as an American corp you must be based in America and hire American Citizens, not sure how that would fly, but we do need it. First of all we need to expand the Supreme Court and get those ethics rules in place, with penalties!
I hope this doesnt sound to silly.
FakeNoose
(34,598 posts)Thank you Earl G - this is masterful!
ultralite001
(1,021 posts)It is often errantly repurposed outside its original intent.
Cambridge Analyticas data seemed to disappear when its twisted relationship w/ Facebook bore serious scrutiny. CA had grand crypto plans + so much user data
+ crypto has some nefarious underpinnings promoted by equally questionable advocates
The relationships of politics bros w/ tech bros + crypto bros + media bros is enough to give me nightmares about the future
https://www.scmp.com/news/hong-kong/economy/article/2142342/cryptocurrency-linking-cambridge-analytica-and-macaus-most
https://www.thestreet.com/crypto/innovation/former-cambridge-analytica-director-personal-data-advocate-praises-blockchain-tech
dchill
(39,583 posts)If all else fails, EarlG for President!
Erda
(127 posts)I just emailed Rachel Maddow's tip line and asked her to examine the connection between this effort to oust President Biden and crypto-currency regulations a second Biden term might try to implement.
Is there a way to get the information in your post to the general public through a media outlet - perhaps Rachel Maddow, 60 Minutes, Lawrence O'Donnell, the Lincoln Project, the Seneca Project - and also to politicians like Elizabeth Warren, Bernie Sanders, AOC (if they don't know this already)?
obamanut2012
(27,295 posts)To a wider audience.
Maeve
(42,732 posts)DontBelieveEastisEas
(1,004 posts)These same dynamics were in play before the debate. And it is not just the "Donor Class", the "Media class" and "Democratic Officials Class".
Posts like these, I think, unfairly stigmatize our Democratic Leaders and attribute ulterior motives that to them.
I see lots of Media that say Biden should stay in the race. There are many journalist that have pride in the honesty of their reporting.
If there was a replacement, the replacement would likely be a lot like Biden.
And If you think they suddenly found a better way to undermine Dems chances and are jumping on the opportunity, you should take a look at what those chances would be otherwise.
Donors like Cloony are not hoping that Dems lose. Everyday people are not hoping that Dems lose.
When looking for reasons, it would be better to just look at it simply.
EarlG
(22,371 posts)I'm suggesting that they've been put in an impossible position because of America's completely broken and corrupt campaign finance system.
Due to the amount of money in politics, Democrats cannot compete without big money donors. This means that big money donors get to call the shots, and we normal voters get shut out of the process.
If you're in Democratic leadership, and you get told by a number of big donors that if you don't call for Biden to step down, they'll pull funding from 30 House races, what are you supposed to do?
There may well be elected Democrats who are completely unaffected by this dynamic -- they really believe that we have a better chance of beating Donald Trump by ditching Biden and selecting someone else. Personally I think that's political suicide, but they can have that opinion.
But it seems obvious that there's much more to it than that. Wavering Democrats demanded that Biden jump through a series of hoops -- do a press conference, do an interview, get back out on the campaign trail -- and he's done all that. Biden's bad debate is now ancient history in political terms. Yet not only are the calls for him to step down getting louder, it's more obviously apparent that this is all being driven by big donors, rather than rank and file Democrats.
July 4, 2024:
After several days of quiet griping and hoping that President Biden would abandon his re-election campaign on his own, many wealthy Democratic donors are trying to take matters into their own hands.
Wielding their fortunes as both carrot and stick, donors have undertaken a number of initiatives to pressure Mr. Biden to step down from the top of the ticket and help lay the groundwork for an alternate candidate.
The efforts some coordinated, some conflicting and others still nascent expose a remarkable and growing rift between the partys contributor class and its standard-bearer that could have an impact on down-ballot races, whether or not the donors influence Mr. Bidens decision.
https://www.nytimes.com/2024/07/04/us/politics/biden-donors.html
July 17, 2024:
If you dont publicly call for Biden to step aside, you are not getting a dime from me, said Tom Strickler, the founder of Hollywood talent agency WME, to New Mexico Senator Martin Heinrichs team last Thursday. Strickler said he had been planning to financially support seven of the most vulnerable Democratic senators, but would not be doing so because they still backed Bidens candidacy.
Its a message that Ive encouraged my friends to send as well, Strickler said. If you back Biden, you will lose our support. Over and out.
https://newrepublic.com/post/183957/megadonors-plotting-change-biden-mind
July 20:
A mysterious new political action committee has spent $36,000 on ads urging President Joe Biden to leave the 2024 race, including in his home state, Delaware, during "Morning Joe," his favorite television program.
Pass the Torch PAC was created July 9, according to records from the Federal Election Commission, 12 days after Biden's disastrous debate against Donald Trump, during which the president appeared to lose his train of thought and failed to counter his opponent's statements.
Aaron Regunberg, a former Democratic state lawmaker from Rhode Island, told USA TODAY he is a co-founder of the group but declined to say who is financing it.
https://www.democraticunderground.com/10143275837
Meanwhile, July 21 (today):
Democratic Party chairs of seven critical battleground states Sunday reaffirmed their support for President Joe Biden, urging their fellow Democrats to focus on beating former President Donald Trump while many in the party are trying to push Biden to drop out.
In an open letter to Democrats obtained by USA TODAY, the party chairs argued Democrats have a unified message of "freedom, democracy, and an economy that works for working people" that can beat Trump's "MAGA threat of abortion bans, dictatorship, and giveaways to billionaires."
"But right now, many voters arent hearing that from our party. We understand the anxiety. But the best antidote to political anxiety is taking action," they wrote in the letter. "When we all lend our voices to contrasting the Democratic vision from Biden-Harris straight down the ticket with the MAGA nightmare, we win."
The letter is signed by state Democratic Party chairs Ben Wilker of Wisconsin, Lavora Barnes of Michigan, Sharif Street of Pennsylvania, Anderson Clayton of North Carolina, Nikema Williams of Georgia, Yolanda Bejarano of Arizona and Daniele Monroe-Moreno of Nevada. The seven states are likely to decide the outcome of the 2024 election.
https://www.democraticunderground.com/10143276269
DontBelieveEastisEas
(1,004 posts)We want Dems to win with all of our heart and soul.
You claim that it is not driven by rank and file Democrats.
Do you have data on what rank and file Democrats are asking for?
When I posted the percentages of their opinions in recent polling, you locked the thread!
As for as asking him to do successful press conferences, and interviews, the results of those are, of course, subjective.
Biden's bad debate is not ancient history in political terms, some things have legs.
Talitha
(7,224 posts)Don't let it slide out of sight.
JohnSJ
(94,641 posts)Marcus IM
(3,001 posts)When govts of Latin America want to distance themselves from all the US corruption, how does the same media react? What propaganda is propelled?
DICTATOR FOR LIFE headlines, with reams of corporate propaganda written.
Swallowed whole - hook, line, and sinker.
As much as I hate it, there's an iota of schedenfraude for some of the Latin American and Caribbean victims of US RW corporate propaganda, and it's corrupting political influence.
Chickens... roosting.
Justice matters.
(7,278 posts)The supposed "red wave" every "polls" were showing before the elections turned out to be a "flop wave" ...
Republicans were predicted to take both the House and Senate by big margins "polls" but they barely took the House by thin margins.
Thanks!
LetMyPeopleVote
(151,454 posts)This is a well researched and great post. Thank you for sharing
Warpy
(112,696 posts)It's a hostile takeover attempt by people we don't want anywhere near our government.
RESIST.
Initech
(101,004 posts)Nobody cares about your stupid made up fake money!
Spazito
(52,973 posts)Thank you so much for this, it makes what's going on make sense for the first time.
Wow! Thank you! This is the focus needed.
Campaign finance reform STAT.
Kali
(55,453 posts)Last edited Sun Jul 21, 2024, 02:50 PM - Edit history (1)
OMG
Now, we move on. But it doesn't change the fact that our campaign finance system is still royally fucked.
REFORM seems like it should be our watchword going forward. Supreme Court, campaign finanace... you name it.
Dark money has badly corrupted our political system.
this is all so crazy. I hope we can pull this off. maybe it will work out. if we all work hard and do our parts.
jaxexpat
(7,387 posts)You know, some people would even go to war, even one with tens of millions of casualties, if the money was in it.
Truth is hard to swallow so let's simply throw it away is the basic politic of today.
LiberalLovinLug
(14,292 posts)liberalla
(9,708 posts)Thank you EarlG. I appreciate your hard work putting this together.