Thursday, February 20, 2020

Republican Oligarch Bloomberg Explains Why He Would Never Win A Presidential Race

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Yesterday, in his often excoriating music business newsletter, Bob Lefsetz set his sites on... oligarchs in politics. "You’ve got to be rich," he wrote. "And it always comes down to who you know." That could've easily been the opening lines about a music business post. But not when he turned to the powerful dons who run the Nevada Culinary Union who "bargained for a blue chip health care plan" and have basically said SCREW YOU to anyone who doesn't have a plan as good. (NOTE: Medicare-for-All is better than any union-negotiated healthcare plan and for that matter, better than any healthcare plan offered to corporate presidents in any U.S. company.) Anyway, Lefsetz was quickly on to two detestable targets: Trump and Bloomberg, two beneficiaries of skillful marketing. "Trump," he wrote "won by being a renegade. By talking about how the government does not work and the game is rigged. The government has issues, but one thing’s for sure, the game is rigged. Let’s see, all the people Trump pardoned/commuted today… It’s not like they had public defenders, it’s not like they didn’t have the right to appeal, they were convicted, fair and square, there’s a system, based on laws, and if you sacrifice the law…you’ve got chaos. Which is what we’ve got today... [O]ne thing is for certain, if you’re not rich, you don’t count, you have no voice. Because they don’t want to let you have one. Oh, they’ll let you call in to talk shows, they’ll get you fighting about secondary issues, but they won’t let you challenge the system, which is imperfect but works just fine for them. Which brings me to last night’s John Oliver show, wherein he makes the case for Medicare for all:





Oliver goes through all the negative talking points, blows them away, and if you’re not for Medicare for all after you watch this, you’re greedy or, like members of the Culinary Union, have a blue chip policy.

But there can be no change.

But change happens. The last twenty years have been all about change. Digital disruption. It’s always outsiders with a creaky new way that is cheap and pooh-poohed that ultimately triumphs and kills what came before. Why can’t this happen in politics?

BECAUSE THOSE IN POWER DON’T WANT IT TO!

I’ll vote for any Democrat against Trump. But I must say, the DNC and the media are bending over backward to hand it to Michael Bloomberg. Today the polls came out and the stories were all about Bloomberg’s surge, when Sanders surged way ahead of the field.

Selective reporting.

It used to be different. There was the Fairness Doctrine, making sure the limited news outlets presented both sides.

And if you owned a megaphone, a newspaper, TV or radio station, you were powerful.

You’re less powerful today.


Those in power, the elite, hate technology, even though they selectively use it. I listened to NPR tonight wherein they sang the virtues of the independent bookstore, saying the digital book was neutered. But the sycophantic host even admitted he showroomed the Ron Chernow book on Ulysses S. Grant and bought the digital copy, because the physical book was just too heavy.

This is the establishment, they like it how it was, even though it’s no longer this way.

I get it if you’re a member of the Republican elite. The money and perks have always flowed upward. But the Democratic elite? They have contempt for those below them, believe they know better, spread their own disinformation in pursuit of their goals. There can be change, just as long as they don’t lose out.

And you wonder why the rank and file voted for Trump.

So it all comes down to hope. If Bloomberg is elected, we’ll get rid of the orange menace. But will the fundamental problems of this country be addressed? Of course not, because Bloomberg doesn’t even know how the hoi polloi live.

So Blagojevich broke the law. We don’t want our elected officials selling Senate seats. But we live in a country where our President can lean on Ukraine to neuter the campaign of Joe Biden, which he successfully did!

Mitt Romney did the right thing, and he was excoriated by the right, but…they still love him in Utah, because their society is built on the family and helping one another, morality.

Bernard Kerik was caught red-handed, as was Eddie DeBartolo, Jr. Commit a blue collar crime and you’re screwed, there’s a camera everywhere, you’re going up the river. But white collar crime is seen as less bad, these are good people, we don’t want to ruin their lives, like the judge said in the Stanford rape case. SO WHY DID THEY DO THIS?

That’s what you’ve got to ask. These people thought they were invulnerable, they’d been getting away with bending the rules for years, it’s just that this time they got caught. Whereas you’re lucky if you can get probation on the first offense.




So there’s a different legal system for the rich and poor. And unlike in the old days, the rich no longer worry about the optics. Trump doesn’t care how it looks, Kerik working with the Donald’s henchman Giuliani, Blagojevich appearing on The Apprentice, he just does what he feels like, with a vengeance, vindictively.

Susan Collins told us Trump learned a lesson…yeah, that he can do whatever he wants!



As for those who support him, it’s less about him than the tribe on the other side. They hate Democrats so much, they’ll endorse the behavior of any Republican, just ask the evangelicals.

So if you live online, you see contrary opinions.

But big media has told us it’s all cranks and their opinions don’t count. Meanwhile, Breitbart and the Daily Caller got Trump elected. Who cares about veracity, that demonstrates power.

And although the right decries authoritarianism in China, it refuses to publicize any story it doesn’t agree with, that doesn’t reinforce its position.

So, you can be an outsider, you can have the illusion of power, because you vote.

But for the first time in my life I’m starting to wonder if it matters. If we organize and come up with a contrary candidate, our own opinion, they shut us right down. Bernie Sanders is a socialist who loves Russia and will ruin the economy, after eliminating Democratic coattails.

Meanwhile, Trump is a guy who really loves Putin, and endorses/enables socialism for the rich, with low taxes, the carried interest rule, government handouts, but somehow that’s different.

It isn’t about Bernie Sanders the man, it’s about what he’s saying, telling the truth in a world where that is abhorred. The everyday person got screwed, and the playing field must be leveled, while everybody is taken care of while they get back on their feet.

But those on both the right and left say this can’t be so. Change must be gradual, and you know there can’t be change because the government is gridlocked, and you’re asking the impossible anyway.

Meanwhile, let’s hand the nomination to a billionaire who just recently was a Republican, who changed the law so he could serve a third term as mayor, who made the elites feel safe while his police force threw those less privileged up against the wall.

But that’s overlooked. Even the sexism. Because this is the guy the elites want, because he’ll just be the anti-Trump, who cares if he gets anything done.

And their plan is working. I was with three twentysomethings just now, all were Bernie fans, now they’re behind Bloomberg, the media has convinced them, they’re defeated. Even though it’s their future at risk.

So what we’ve found is despite our numbers, we ain’t got much power. Even if Bernie Sanders wins a primary, he loses. The owners of this country want it this way.

As for Michael Milken… Wasn’t he the first guy to make so much money on Wall Street? Isn’t he evidence of the basic problem? By pardoning him aren’t we endorsing this kind of behavior, especially if you employ your riches that remain for good causes?

It’s depressing. And everybody is telling us we know nothing and should do what they say. And however it plays out, they’re not gonna lose, but we are.

Meanwhile, we’re fighting each other for scraps and most have no idea how the game is really played anyway. Everybody believes they’re gonna be a successful entrepreneur, become a billionaire. Someone else did it, so why can’t they?

Because that other person had wealthy parents who gave them the best education at institutions where you can make relationships that pay dividends down the road. You never had a chance. And today, both parties are doing their best to snuff whatever light, whatever hope remains, out.

And you wonder why there’s a rash of suicides.





"I'm not a dictionary, but I know what words mean. And I'm not a clock, but I know what time it is." That was from Richard Eskow in his post for Common Dreams earlier this month, Of Course Bloomberg's an Oligarch-- and He's Coming For Your Social Security. "By any common definition," he wrote, "Bloomberg’s an oligarch. He wants to buy your vote. Based on his record, he’s also coming for your Social Security.
An “oligarch,” according to the Cambridge American Dictionary, is “one of a small group of powerful people who control a country or an industry.”

Is Michael Bloomberg such a person? Maybe he’s just really rich and doesn’t control that much. But let's have some background.

With an estimated net worth of more than $60 billion, Bloomberg is the twelfth-richest person on the planet and the ninth-richest person in the United States. That’s a pretty small group of people. But do they control the country? Ferguson et al. found that campaign cash drives election outcomes. That means campaign donors largely control the process.

Gilens and Page found that wealthy people and interests usually get what they want. The rest of us usually don’t, unless what we want is also what they want. The fact that progressives like some of Bloomberg’s positions doesn’t undermine these findings. In fact, it reinforces them.

Bloomberg hasn’t just given money to a number of campaigns. He also controls a media empire. In true oligarchical fashion, he decreed years ago that his news outlets would not cover his political career. He said recently that it would not cover his rivals’ campaigns, either-- a move that drew criticism from journalists and an ethics professor. Less than a month later, however, Bloomberg News violated that edict by running a hit piece against Bernie Sanders and Elizabeth Warren.

That’s oligarchical behavior.

Bloomberg’s own political history is an exercise in the use of oligarchical wealth to change electoral outcomes. He was unpopular when he first ran for mayor of New York-- a situation he rectified by dramatically outspending his rivals. Even so, Bloomberg only eked out a two-point victory against Democrat Mark Green in his first mayoral race, after outspending him five to one.

The argument between Turner and Johnson involved another compelling example of Bloomberg-as-oligarch. The DNC’s rules said each candidate had to have a minimum number of donors to quality for the debate stage. That rule wasn’t overruled for Cory Booker or Julian Castro, despite calls for greater diversity in the race. But it was overturned for Bloomberg, who had donated more than $1 million to the DNC and a related organization a few short weeks before.


Will Michael Bloomberg Cut Your Social Security?

If you thought there were problems with Joe Biden’s Social Security record, wait until you see Bloomberg’s. His record of espousing austerity economics has including a special enthusiasm for cutting Medicare and Social Security.

As he told Face the Nation in 2013:
No program to reduce the deficit makes any sense whatsoever unless you address the issue of entitlements, Medicare, Medicaid, Social Security, interest payment on the debt, which you can't touch, and defense spending. Everything else is tiny compared to that.
Bloomberg has called for raising the retirement age, a move that would cut Social Security benefits for all retirees and create physical hardship for many older workers.

These are bad ideas. They make for even worse politics. Voters love Social Security. A Pew study released in March 2019 found that “74 percent of Americans say Social Security benefits should not be reduced in any way.”

And voters don’t like entitlement cuts, or the Bloomberg-endorsed thinking behind them. That can be seen in a GBAO/Center for American Progress survey conducted in October 2019. Less than half of Republicans, one-third of Democrats, and roughly one-third of independents agreed with the Bloomberg-like statement that “our national debt is way too high, and we need to cut government spending on the biggest programs like Social Security, Medicare, and Medicaid.”




Trump has given Democrats an opening on Social Security. His administration is currently engaged in a de factor program to cut Social Security disability benefits, by forcing millions of disabled people to endure the punishing process of eligibility screening as often as every six months. Newsweek reports that the Social Security Administration concluded that this would lead to $2.6 billion in benefit cuts and an additional 2.6 million case reviews between 2020 and 2029. It’s a brutal assault on the health and security of a vulnerable population.

Trump also said he intends to pursue additional cuts to Social Security, Medicare, and Medicaid after the upcoming election, when he no longer has to worry about public opinion. Worse, he did so at the annual gathering of billionaires in Davos. That reinforces the perception that he’s imposing hardship on the majority to help a privileged few.

Most leading Democrats understand that there is wide support for protecting and expanding Social Security. Most leading candidates-- including Joe Biden-- have offered some form of Social Security expansion. House Speaker Nancy Pelosi has embraced the idea in principle. There’s an opportunity here-- if Bloomberg doesn’t stop them from taking it.

...Given his virtually unlimited resources, Bloomberg could theoretically win both the nomination and the presidency. By my calculation, Bloomberg could pay the same “unit price” he paid to make himself mayor of New York-- $88 per voter-- and make himself president for $12 billion. He’d even have $50 billion set aside for a rainy day.

The nomination would presumably cost less than the presidency, so he has a better shot at that. But it would be a bad look for the Democrats to become the first party in modern history whose candidate openly bought the nomination. But then, Bloomberg’s used to getting the rules changed just for him. When he wanted to run for a third term as mayor, Bloomberg used all the tools at his disposal (one of which led to an ethics complaint) to change the city’s rules. Once he got what he wanted, Bloomberg then pushed to change the rules back. It seems that some privileges should be labeled, “for oligarchs only.”





Am I saying that all the members of Congress who have endorsed Bloomberg are corrupt and should be defeated in primaries? Pretty much. YES! Right now there are a dozen of them, 10 Blue Dogs and New Dems and one-- Bobby Rush-- an outright criminal who takes bribes from everyone, not just Bloomberg. All these members should have the guts to withdraw their endorsements of Bloomberg today after his disqualifying performance last night. Instead, this morning, 3 other money-hungry Democrats endorsed him-- Blue Dog walking cesspool Josh Gottheimer (NJ), Pete Aguilar (New Dem-CA) and Nita Lowey, who is retiring from Congress and knows she'll never have to face the voters again.
Harley Rouda (New Dem-CA)- F
Juan Vargas (New Dem)- D
Scott Peters (New Dem-CA)- F
Stephanie Murphy (Blue Dog-FL)- F
Ted Deutch (FL)- C
Lucy McBath (New Dem-GA)- F
Bobby Rush (IL)- B
Haley Stevens (New Dem-MI)- F
Mikie Sherrill (Blue Dog-NJ)- F
Gregory Meeks (New Dem-NY)- F
Max Rose (Blue Dog-NY)- F
Ben McAdams (Blue Dog-UT)- F





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2 Comments:

At 1:13 PM, Anonymous Anonymous said...

Michael Milken is the guy who created the market for junk bonds, which were used to allow people to buy healthy companies with a massive pile of debt, pay themselves big payouts, slash long term capital expenditures and other spending, raid the company's pension fund if possible, and ultimately wreck the companies to make themselves richer.

 
At 1:58 PM, Anonymous Anonymous said...

Milken's only crime is he did it too early for obamanation to let him skate on it.

anyone who calls SSI, Medicare and Medicaid "entitlements" is not worthy of any lefty's vote. period.

 

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