Most Popular Choices
Share on Facebook 12 Printer Friendly Page More Sharing
OpEdNews Op Eds   

Are Republicans 'Crazy?' Not If You Follow the Money

By       (Page 1 of 3 pages)   2 comments
Message Richard Eskow
Become a Fan
  (15 fans)

(Image by Unknown Owner)   Details   DMCA

Their opponents shouldn't be too quick to call Republicans "crazy." It makes more sense to employ that time-honored investigative principle: Follow the money. Sure, they've said crazy things -- in their speeches and in their official platform. But, crazy?

Like a fox.

Take that "we built it" theme. Sure, they're lying about a selectively-edited phrase for political advantage. But why  this particular phrase? Because the President was defending government's role in building America's infrastructure, educating its children, and improving its technology.

They don't want those things anymore. The argument fell on deaf ears because GOP isn't really the "party of business." It's the the party of mega-business, of globalized multinational corporations. Those corporations don't need America any more. They don't need its roads, they don't need its technology, and they certainly don't need its educated middle-class workforce.

(See "An Old Industrial Era": GOP Platform Mocks Blue-Collar America, Declares It Dead.)

It's time to follow the money.

Money Source: Bankers

The rapid rise in the abuse of (c)(4) organization has allowed corporations and the mega-wealthy to inject hundreds of millions of dollars into election campaigns without revealing their identity. The Romney campaign has refused to follow Obama's lead by revealing the names of its "bundlers." But thanks to the efforts of the Sunlight Foundation, USA Today and others we know that 25 percent of them are Wall Street types who include:

Steve Schwarzman, who notoriously compared taxing billionaire hedge funders like himself the same way we tax teachers or firefighters to Hitler's invasion of Poland -- an invasion which resulted in the deaths of men, women and children in concentration camps;

Daniel Loeb, the self-entitled whiner we called the "Robespierre of the hedge fund revolution" after he issued an "investor letter" in which he described hedge fund billionaires as exploited "labor," a persecuted minority, and the victims of socialist-style wealth distribution -- which, as he fails to mentioned, somehow resulted in increased wealth inequity;

Bill Harrison, who engineered the creation of too-big-to-fail JPMorgan Chase and recently made an inept attempt to defend megabanks like his own Frankensteinian creation;

Executives from repeat corporate lawbreakers like JPMorgan Chase and Goldman Sachs, along with representatives from morally compromised and scandal-ridden accounting firms. (See  When Accountants Go Bad: Scandal-Plagued Firms Turn Out For Romney); and,

An executive from Barclays, the bank which has now admitted to illegal rate-fixing in the LIBOR scandal.

Their Money's Worth: The Bankers

Are these bankers and their fellow-travelers getting their money's worth?

A Republican President appointed Republican economist Ben Bernanke to run the Federal Reserve, only to have the Fed double down on policy that makes the rich richer at everyone else's expense. (Yes, Obama reappointed Bernanke. We'll get to that during their convention.)

Next Page  1  |  2  |  3

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Must Read 2   Well Said 2   Supported 1  
Rate It | View Ratings

Richard Eskow Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Host of 'The Breakdown,' Writer, and Senior Fellow, Campaign for America's Future

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
   (Opens new browser window)

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

How to Fix the Fed: Dismiss Dimon, Boot the Bankers, and Can the Corporations

The Top 12 Political Fallacies of 2012

Pawn: The Real George Zimmerman Story

What America Would Look Like If Libertarians Got Their Way

"His Own Man's" Man: Jeb Bush and the Return of Wolfowitz

"F" The Bureaucracy! The White House Can Help Homeowners Right Now

To View Comments or Join the Conversation:

Tell A Friend