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03.26 Natural gas leaks from power plants, refineries, 100 times greater than thought

03.25 THE PLANT NEXT DOOR

03.25 Colorado Youth Score Decisive Legal Victory Against Fracking Industry

03.25 Keystone XL: Trump issues permit to begin construction of pipeline ["Stupid is as stupid does." –Forrest Gump]

03.25 Rotavirus vaccine could save lives of almost 500,000 children a year

News Media Matters

03.27 PBS is the only network reporting on climate change. Trump wants to cut it

Daily: FAIR Blog
The Daily Howler

US Politics, Policy & 'Culture'

03.29 With House Vote, GOP Puts Your Personal Online Data Up for Sale [not just loss of privacy, its new data gathering that could be used to hurt you]

03.29 Soybeans could surpass corn plantings amid solvency concerns for US farmers

03.29 America has never seen a party less caring than 21st-century Republicans [an immoral, sociopathic focus]

03.29 America's deportation squads want to expel our neighbours. We are saying no

03.28 The Feuding Kleptocrats

03.28 Trump signs four bills to roll back Obama-era regulations

03.28 A white supremacist slew a man in Manhattan. Why is the president silent?

03.28 Is the US facing an epidemic of 'deaths of despair'? These researchers say yes

03.28 The Trump Administration’s War on Science

03.27 How the Disappearing Middle Class Threatens Our Democracy [Citizen's United ruling is ruining America]

03.27 How the Disappearing Middle Class Threatens Our Democracy

03.27 'Whoa, Whoa, Whoa': Sanders Says Democrats' Intransigence Is Solution, Not Problem [videos]

03.27 The DLC Lives: "Third Way" Democrats Are Trying to Push the Party Rightward

03.27 Donald Trump's dizzying Time magazine interview was 'Trumpspeak' on display

03.27 Protesters target Connecticut's uber wealthy with 'tax bills' in bid to end loophole

03.27 'People aren't spending': stores close doors in 'oversaturated' US retail market

Justice Matters

03.29 HOW THE WHITE HOUSE AND REPUBLICANS BLEW UP THE HOUSE RUSSIA INVESTIGATION [FBI's investigation continues (until AG Sessions figures out a way to stop it?)]

03.24 TRUMP’S RUSSIA PROBLEM IS FAR FROM MARGINAL

High Crimes?

03.29 Spanish court to investigate Syrian 'state terrorism' by Assad regime

03.26 Iraq suspends Mosul offensive after coalition airstrike atrocity

03.25 The US Is Bombing Syria So Much That Watchdogs Can't Keep Up

03.25 Mosul's children were shouting beneath the rubble. Nobody came

Economics, Crony Capitalism

03.29 Richard Posner: “The Real Corruption Is the Ownership of Congress by the Rich”

03.25 Wall Street First

03.23 Bank that lent $300m to Trump linked to Russian money laundering scam

International

03.29 Donald Trump, Lost in Africa

03.29 An Unholy Alliance

03.29 Millions are on the brink of starvation in east Africa. We must act fast [food delivery is very difficult]

03.29 Broken promises for the children of Bangui abused by peacekeepers

03.29 'They take us very seriously now': how co-operatives could take back Kampala [organized co-ops could raise employment wherever corporations won't invest]

03.28 Negotiations to ban nuclear weapons begin, but Australia joins US boycott

03.27 Two Years of Uncertainty: Europe Prepares for Tough Brexit Negotiations

03.27 Left Behind: Germany's Race to Catch Up in the Startup World

03.27 A Wounded Metropolis: London in the Age of Terror and Brexit

03.26 Foreign companies flock to build nuclear plants in the UK [what could go wrong?]

03.26 Congolese militia decapitates more than 40 policemen as violence grows

03.26 Africans are rising - we can hold our leaders to account and build a better kind of future

03.26 Rise of Hindu ‘extremist’ spooks Muslim minority in India’s heartland

03.26 Marine Le Pen and Emmanuel Macron face off for the soul of France

03.26 'A runaway crisis': Argentina activists aid shanty towns state has left behind

03.26 In war-scarred Gaza, water pollution behind health woes

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  Print view: Dollar Dreams from 'Dollar Bill' Bradley
BOOK REVIEW:

Dollar Dreams from 'Dollar Bill' Bradley

by Gerald E. Scorse
Bradley’s book, We Can All Do Better, has an early chapter, "Uprooting the Root of All Evil," that examines the corruption of politics by checkbooks.

Dollars deliver messages in a new book by “Dollar Bill” Bradley, and the former Rhodes scholar, NBA star, U.S. Senator and presidential candidate has no doubt where the dollars should and shouldn’t be going. They should be pouring FDR-style into job creation, and they shouldn’t be donated to politicians, especially dollars from corporations.

Bradley’s book, We Can All Do Better, has an early chapter, "Uprooting the Root of All Evil," that examines the corruption of politics by checkbooks. “At the core of the Washington culture is money,” the chapter begins. “It burdens politicians with the need to raise it. And when they’ve raised it, it compromises them.”

Bradley writes that he spent $1.68 million running for the Senate in 1978. In 2000, running for the same New Jersey seat, Jon Corzine spent more than $62 million, “most of it his own." While Bradley is scalding about Citizens United, he says the Supreme Court’s wrong-headedness on political donations actually took root in Buckley vs. Valeo in 1976. In that decision “the Court said that the money spent by an individual on his or her own political campaign was political speech, protected under the free-speech clause of the Constitution, and therefore could not be limited. This opened the floodgates for rich people [e.g., Corzine] to finance their own efforts.”

It defies common sense, Bradley says. “In Buckley, the Supreme Court said in effect that it was just fine that the candidate with little money only has a megaphone while the candidate with a lot of money has a microphone.” This laid the groundwork for the corporations-are-people Citizens United ruling, under which “the Supreme Court has approved unlimited contributions by super PACs than can steal elections through widely broadcast lies.”

The black-robed Supreme Court may be clueless and tone-deaf, but ordinary white collar and blue collar workers can easily connect the dots. As Bradley puts it, “There is something fundamentally wrong when a lobbyist—whether representing business or labor—comes to a legislator’s office to plead his client’s case and then four hours later appears at the legislator’s fund-raiser in a nearby restaurant with a $10,000 check. The link between money and policy must be broken.”

What needs to be established (re-established, really) is the link between government spending and job creation: “When it comes to proposed federal action to create jobs, every dollar spent in the current environment of declining confidence in government should go to the establishment of a specific job; people have to see the connection between their tax dollars and job creation....When a government’s credibility has been damaged for whatever reason, it cannot shrink from boldness. It must act in a big way to generate more jobs with a short-term, mid-term and long-term strategy.”

Bradley lays out ideas for all three periods, and he draws on his own childhood to invoke the direct federal job creation that took place under FDR:

“What most people remember about President Franklin Roosevelt’s response to the Great Depression are the Works Progress Administration, the Public Works Administration and the Civilian Conservation Corps, which created jobs for Americans in building schools, parks, roads, dams, bridges. In the small town in Missouri where I grew up, the high school was a PWA project built in 1939. Today, over seventy years later, it stands as a testimony to far-sighted government leadership. We need new public investment in public goods that will last another seventy years....The New America Foundation study estimates that a $1.2 trillion investment in much-needed infrastructure over a five-year period would generate 5.52 million jobs in each year of the program. There is no other stimulus that could create so many jobs and leave behind a seventy-year foundation for economic growth. Given low interest rates, there will never be a cheaper time to float thirty-year reconstruction bonds. Government-subsidized personal consumption (i.e., tax cuts) in the current climate of debt de-leveraging cannot work; public investment that directly creates jobs can.”

Twenty-two state attorneys general, joined by Senators John McCain (R-AZ) and Sheldon Whitehouse (D-OH), have lined up behind a Montana challenge to Citizens United.

Is there any hope for more stimulus spending? For campaign finance reform? It’s hard to imagine the former; as for the latter, it’s easy to imagine but another matter to pull off. Twenty-two state attorneys general, joined by Senators John McCain (R-AZ) and Sheldon Whitehouse (D-OH), have lined up behind a Montana challenge to Citizens United. Bradley’s best-case solution would supersede Buckley and Citizens United with a constitutional amendment “stating that federal, state and local governments can limit the total amount of spending in a political campaign....If that were combined with public financing for whatever amount was permitted by the campaign finance laws, we would have returned government to the people.”

Right now, though, we’re nowhere near returning government to the people; right now we’re heading into the most expensive presidential campaign in U.S. history, bent on handing over government to those with the most dollars.


Copyright 2012 Gerald E. Scorse. Op-eds by the author have appeared on numerous websites and in major newspapers.



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This story was published on June 7, 2012.

 

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