Election Day is behind us now (someone please tell Rep. Allen West [R-Fla.]), and there’s plenty to be happy about. Nov. 6, 2012, brought a wave of victories for working families and the defeat of some seriously scary candidates backed by billionaires and their deep pockets.
Fix the Debt bills itself as a “non-partisan movement to put America on a better fiscal and economic path.” However, the group touts a non-specific tax plan that members are calling “Simpson-Bowles Plus,” a plan that cuts Social Security and Medicare benefits, guts tax credits and benefits that many working families rely on, widens tax incentives for corporations to offshore jobs and lowers tax rates for corporations and the wealthy. Basically, it’s a wish list for millionaire CEOs!
A 2007 Boston Globe report on college admissions data that has been making the rounds on Twitter lately reveals that “about 15 percent of freshmen enrolled at America's highly selective colleges are white teens who failed to meet their institutions' minimum admissions standards,” most of whom “are students who gained admission through their ties to people the institution wanted to keep happy, with alumni, donors, faculty members, administrators and politicians topping the list.”
One of the key front groups for the 1 percent is Crossroads. “Crossroads” is actually multiple groups formed by former GOP operatives Karl Rove and Ed Gillespie, with the shared goal of electing anti-worker candidates. The most important entities within the Crossroads family are American Crossroads and Crossroads GPS.
We’ve been talking a lot lately about the current financial state of play in electoral politics. Despite the mega-finances poured into the current election cycle, working families have more power than they think—power at the polls.
Some folks have been trying to make political hay with the easy availability of union financial information. As noted in an earlier post, however, The Wall Street Journal’s methodology in “discovering” the levels of labor union spending was fatally flawed and painted a false (and politically advantageous) picture.
And now Steven Law, the president of American Crossroads, a Republican super PAC, is using ridiculous fictions to try to defend the activities of the Karl Rove-backed group, claiming that the hundreds of millions of dollars that American Crossroads will spend on the election will somehow be dwarfed by what unions will spend.
“There is simply a better payoff by courting seven-figure donors,” said Matt Schlapp, a former White House political director for George W. Bush, in a Politico story Tuesday.
The story, “Election 2012: The Myth of the Small Donor,” details the meteoric rise of the mega-donor. Multimillion-dollar donations from people like Sheldon Adelson, Frank VanderSloot and the Koch brothers are “quickly diminishing one of the few avenues—outside of voting—for average folks to shape elections, help determine candidates’ viability and affect the course of the country.”