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      Week-end Wrap – Political Economy – December 5, 2021 by Tony Wikrent The pandemic and (de)population policy Background: Henry Kissinger’s December 1974 National Security Study Memorandum 200, Implications of Worldwide Population Growth for U.S. Security and Overseas Interests (NSSM 200) “Omicron’s Message” [Nonzero, via Naked Capitalism Water Cooler 12-2-202 […]
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Thursday: Rove makes a point

MC Rove dances at the WH Correspondents Dinner in 2006.  A date that will live in infamy.

MC Rove dances at the WH Correspondents Dinner in 2006. A date that will live in infamy.

Karl Rove says that McCain couldn’t compete against Obama’s money advantage.  Karl forgets that the media also fellated Obama while destroying the intellect of Sarah Palin, the DOW took a dive at a most conveeeeenient moment (Thanks, Wall Street!) and Flight Jacket Thrill Bush had the lowest approval rating in history.  It’s quite possible that Dennis Kucinich could have won against McCain.

Ok, maybe not Dennis.

Obama continued his lucky streak in November.  He has an uncanny knack for winning on everything but merit.  Karl says “follow the money” in his column in the WSJ called McCain Couldn’t Compete with Obama’s Money.  Hmmm, you could read more than one meaning into that headline.  But let us assume tha Karl is referring to the $250,000,000 advantage Obama had in October and November and the fact that *today*, both campaigns have to spill the beans to the FEC about where it all came from.

On May 31, as the general election began in earnest, the Obama campaign and the Democratic National Committee had a combined $47 million in cash, while the McCain campaign and the Republican National Committee had a combined $85 million.

Between then and Oct. 15, the Obama/DNC juggernaut raised $658.7 million. I estimate today’s reports will show Mr. Obama, the DNC and two other Obama fund-raising vehicles raised an additional $120 million to $140 million in October and November, giving them a total of between $827 million and $847 million in funds for the general election.

Nearly a billion dollars.  Imagine how many foreclosed properties in Chicago that would have saved.

How did Mr. Obama use his massive spending advantage?

He buried Mr. McCain on TV. Nielsen, the audience measurement firm, reports that between June and Election Day, Mr. Obama had a 3-to-2 advantage over Mr. McCain on network TV buys. And Mr. Obama’s edge was likely larger on local cable TV, which Nielsen doesn’t monitor.

Whoa!  That’s a lot of ad time to fast forward through on the DVR.  Karl is giving too much credit to ad time.  It may have given Obama the air of inevitability but I don’t think it would have worked so well if there weren’t other factors in his favor.  I think Karl doesn’t want you to pay much attention tot he other factors that I mentioned above.  The Republicans were WILDLY unpopular.  If it weren’t for Rove, Obama could have never have carried it off.

Then Karl gets to the point: McCain was hoisted on his own petard.  One can almost detect a note of glee that McCain was done in by his own campaign finance reform.  Karl pronounces it dead and predicts that no candidate will ever make the mistake of going with public financing again.  It’s going to be one giant pool of money for each side. There will be ad buys the likes of which we have never seen, GOTV efforts that will annoy even the most committed voters, a Greek temple for every pol.

But the fact remains that Obama got only about 1/4 of his money from small donors of $200 or less.  The rest came from the same fat cats that have always contributed to campaigns, except that *this* year, they switched parties to the tune of about $500,000,000.  That’s a lot of money from untraceable debit cards.  Karl must be secretly admiring Obama.  Maybe he’s seen Obama in a Flight Jacket.  Heck, for all we know, he gave David Axlerod the idea to use the prepaid debit cards in the first place.  It could happen.

Karl is right about one thing though: we need to see where the money came from.  In this day and age, there is simply no excuse for not being able to publish this information instantly.  The technology is there.  Let’s see just how much money those fictional characters pitched in and by what means.  It’s only fair, especially now that Bill Clinton has had to cough up the list of donors to his library. In fact, Obama would look like a hypocrite if he didn’t let us examine his books. I mean, we *PUMAs* know what a corrupt politician Obama is but the rest of the progressive blogosphere who went on ad nauseum about how resilient Obama was to corporate cash will not believe it until they see proof.  Ok, they might not see it even then but maybe we can get them to shut up about the Clinton library and Global Initiative, which looks positively modest and beneficent at this point compared to Obama’s obscene amount of campaign cash.

The end does NOT justify the means, Obots.  Obama ruined our primary system, our campaign finance system and our right to self-determination.  He’s really no better than Bush and Rove in that respect.  He may be the president next year but we will remind ourselves *daily* about how he got there.

It ain’t pretty.

One more thing:

I found this video on Design*Sponge, one of my new favorite sites.  It takes you through the process of making homemade peppermint marshmallows.  What a great idea for a cold Saturday afternoon in December.