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Accountability general freedom government transparency moral hazard national politics & policies political challengers responsibility

Big-​Dollar Impact

Last Saturday, The Washington Post’s top-​of-​the-​front-​page headline blared, “50 donors with outside impact.”

If that doesn’t curdle your blood, readers were further warned of a new “Gilded Age.” Yes, in concentrated fundraising the Post heard “echoes of the end of the 19th century, when wealthy interests spent millions to help put former Ohio governor William McKinley in the White House.”

McKinley. The horror. The echoes.

Hopefully, self-​immolations can be kept to a bare minimum as Americans discover the report’s main (only) thrust: 41 percent of $607 million contributed to 2,300 super PACs this election cycle has come from just 50 donors … at least, if you also aggregate gifts from the relatives of these 50 folks and their business interests as well.

Isn’t that terrifying? Destructive of democracy? Are our elections simply being bought by the billionaires?

No. No. And no.

Any common sense analysis of this year’s presidential contests, both Republican and Democrat, must acknowledge that big money did not trump. Pun intended. Sen. Bernie Sanders is now outraising Hillary Clinton with millions of small donations — not “millionaires and billionaires.” Jeb Bush’s massive financial warchest made no discernible difference.  Even the Post concedes “the mixed impact that big-​money groups have had on the presidential contest so far.”

Mixed? Name a single state where “big spending” determined the outcome.

Ideas matter. And securing the resources to advance and advertise ideas obviously matters, too. Same goes for candidates — and their ideas.

More money, more campaign spending, means more ideas and candidacies can reach the political marketplace. That’s where voters, not big donors, do the deciding.

This is Common Sense. I’m Paul Jacob.


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Accountability folly government transparency ideological culture moral hazard national politics & policies

Money Means Nothing to Her

Campaign finance reform is surely dead … if Hillary Clinton is elected president.

Which would be good.

Not Clinton being elected, mind you. What would be good is the death of so-​called campaign finance reform — the kind supported by Democrats, including Sen. Bernie Sanders and Hillary Clinton. They insist on a constitutional amendment to partially repeal the First Amendment’s freedom of speech protection and give Congress awesome new powers to regulate their own and their opponents’ campaigns.

But wait — if Mrs. Clinton supports campaign finance reform, why would her election kill this seriously bad proposal?

Well, Hillary Clinton made it abundantly clear at last week’s Democratic presidential debate, as I explained this weekend at Townhall: large campaign contributions do not influence her in any way. Even a fat $15 million from Wall Street interests to her super PAC — or $225,000 a pop speeches paid by Goldman Sachs and their ilk — registers no corrupting effect whatsoever.

And those millions deposited in Clinton Foundation accounts from foreign governments?

They couldn’t possibly sway the steady former Secretary of State. Not even the smallest smidgen.

Just like there has never been corruption at the IRS.

Don’t believe Hillary? Then trust President Obama, who also gobbled up major Wall Street funding when he ran in 2008 and 2012. But again, according to her, “President Obama was not at all influenced when he made the decision to pass and sign Dodd-​Frank, the toughest regulations on Wall Street in many a year.”

Not. At. All.

So the solution to government corruption is simply to elect trustworthy, incorruptible candidates … like Hillary Clinton.

Well, call her half right.

This is Common Sense. I’m Paul Jacob.


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Accountability folly government transparency incumbents local leaders responsibility term limits

Incumbent Upon Heaven

Many who pledged to limit their terms in Congress have gotten elected and, then … actually kept their word. Yet, with the temptations of power, combined with the acute narcissism of politicians, not a few have flung their honor aside to break their promise.

Four years ago, Oklahoma Congressman Markwayne Mullin was a challenger, “who pledged repeatedly … not to serve more than six years in the House.” Okie voters limited their congressional reps to three terms (six years) via a ballot initiative back in 1994. Of course, the U.S. Supreme Court struck down that and 22 other state-​imposed congressional term limits laws just a year later.

NewsOK​.com reporter Chris Casteel asked Rep. Mullin if this coming term would, as Mullin vowed, be his last.

A simple yes or no question, eh?

Well, the incumbent’s response was less than unequivocal, “leaving open the possibility that he may run for a fourth term,” Casteel reported.

“Our position on this has not changed,” read Mullin’s official statement. “However, Christie and I will continue to seek the Lord’s guidance and do what is best for our family and the 2nd District of Oklahoma. The only election I am focused on right now is in 2016.”

Hmmm. Do you recall the Lord ever guiding anyone to break his word to the people?

What a dodge!

Mullin is like a burglar announcing, “I’m not sure if I’m going to rob your home when I get out of jail. That’s too far off in the future. But I’m seeking spiritual advice about it.”

Come to think of it, incumbent politicians and burglars have quite a lot in common.

But not Common Sense. I’m Paul Jacob.


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Accountability free trade & free markets general freedom government transparency moral hazard national politics & policies

Banking on Clinton

I’ve been tough on Bernie Sanders, the socialist Vermont Senator and Democratic Party presidential candidate. Why? Because socialism is — to quote a current GOP candidate — “a disaster.”

But I appreciate his campaign for showing former Secretary of State Hillary Clinton for what she is, the ultimate establishment insider.

Even while, as SNL parodied, she seeks to co-​opt Sanders’s progressivism.

Nowhere is Hillary’s have-​it-​both-​ways mode of operation more obvious than in regard to Big Finance. She attacks the big banks, promoting her “very aggressive plan to rein in Wall Street.” Yet, she is supported politically and has been enriched personally by Wall Street firms. In 2014 and 2015 alone, Mrs. Clinton was paid $11 million dollars for speeches to various groups, including these financial interests.

On the campaign trail, Bernie has been calling on Mrs. Clinton to release transcripts of her speeches to Wall Street firms:

She gets paid $225,000 for a speech. Now you know that is a lot of money for an hour speech.… It must be mind-​blowing speech, it must be a Shakespearean speech, it must be a speech that could educate and enlighten the entire world.

An anonymous attendee of Mrs. Clinton’s speeches to Goldman Sachs has characterized her remarks as “far from what she sounds like as a candidate now. She sounded more like a Goldman Sachs managing director.” Another said making the transcript public “would bury her against Sanders.”

Understandably, Hillary refuses … until every other living person who has ever spoken a word to anyone on Wall Street does so first.

At his rallies, Bernie now throws his empty hands up into the air to release his non-​existent speech transcripts.

This is Common Sense. I’m Paul Jacob.


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Accountability folly government transparency moral hazard national politics & policies responsibility

Unfair Reform?

I am sure we all think it would be great, other things being equal, to try to make many of life’s unfairnesses less … problematic. But most grown-​ups understand (or used to) that “life isn’t fair” is a truism for a reason.

So when Republican presidential candidate Donald Trump criticized his competing GOP hopefuls for wanting to reform Social Security and other so-​called “entitlements,” I was unimpressed.

“Every Republican wants to do a big number on Social Security,” Trump said last year, referencing Medicare and Medicaid as well. “And we can’t do that. And it’s not fair to the people that have been paying in for years and now all of the sudden they want to be cut.”

Not fair.

Well, yeah.

But the unfairness is not in fixing the system by raising retirement ages, etc. The real injustices lie in the past, with previous fixes and … “unfixes” — that put us in the fix we are currently in.

And not fixing it now will lead to further, more obvious “unfairness” in the future.

Trump is just avoiding responsibility. By not addressing the problem honestly, we do not make things or keep things fair. We make things worse.

Peter Suderman notes that Chris Christie’s endorsement of Trump, last week, puts the lie to the New Jersey governor’s much-​ballyhooed seriousness about entitlement reform.

Well, yeah.

But no major politician wants to handle it. For the problem shows how deep the unfairness runs in the American system.

That would require real leadership.

This is Common Sense. I’m Paul Jacob.


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Categories
Accountability general freedom government transparency initiative, referendum, and recall Regulating Protest responsibility too much government

Fake Emergencies & Genuine Democracy

Legislators aren’t honest.

Or maybe in Colorado and Oregon they just don’t understand the meaning of words … like “safety” and “emergency.” (Heck, there was once a politician unsure of what the meaning of the word “is” is.)

“The state constitution gives Coloradans the power to challenge news laws through citizen initiative,” explains the Independence Institute’s Mike Krause in a recent Freedom Minute video.

In order to force a popular vote, the referendum process requires citizens to submit petitions before the “effective date” of the new law. If a law is deemed truly “vital to public peace, health and safety,” however, the legislature may add what’s known as a “safety clause.” That puts the law into immediate effect … thereby blocking the people’s referendum power to petition that new law to the ballot.

Krause discloses that a majority of 2015 bills passed in Colorado contained so-​called safety clauses — 68 percent in the Senate and 55 percent in the House.

In Oregon, the tactic is referred to as an “emergency clause.” There, too, most bills are passed as emergencies to block any citizen response.

Tired of legislators using fake emergencies to disenfranchise voters, attorney Eric Winters drafted an initiative mandating a two-​thirds vote of both House and Senate for legislation with an emergency clause. Now a grassroots coalition has formed to petition his “No More Fake Emergencies Act” onto the ballot.

Last year, The Oregonian warned that by “abusing the emergency clause” and “attacking the prerogatives of voters,” legislators were inviting “a backlash.”

Taking the initiative, citizens will stop fake emergencies with genuine democracy.

This is Common Sense. I’m Paul Jacob.


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