Right Wing Fighter

Category: Money in Politics

A Little More About Money in Politics

I was just thinking about Theodore Roosevelt’s administration and his trust busting. Much of his administration was spent attacking money in politics and big business’s control of the government.

Roosevelt’s tenure stretched from 1901 to 1909. In this era, the Republican party was supreme. And in the Republican party business was supreme. Most of the party bosses, the men that controlled the day-to-day affairs of the party, were rich businessmen. The chairman of the GOP, Mark A. Hanna, was an iron magnate. The boss of Republican politics in New York, Thomas Collier Platt, was also a rich businessman.

In addition to this, men like J. P. Morgan, who were wealthy beyond anything they could ever spend, were courted endlessly both for money and advice. Chiefly the advice was sought in order to get the money. But it was still sought.

Back then money in politics was obvious, because there weren’t the same finance laws like we have now. Now they have to funnel their money through Super PACs and “advocacy groups.” This does a lot to hide them from the public. As such, political issues appear to be more intellectual than they really are. This gives a layer of authenticity to our present day politics that it doesn’t deserve.

Why are the Political Parties in America so Balanced?

I’ve been wondering for a long time why our political parties are so balanced power-wise. I kept wondering, “why don’t these guys go for the knockout blow?” Issues like immigration reform, for instance, are very popular. So why didn’t they reach for them?

I believe the answer is this: big money keeps them balanced. Just like Julius Caesar kept the tribes of Gaul fighting each other, so to big money keeps the parties more or less equal in strength. Being equal, big money can easily tip the one against the other, should one get too strong.

So for instance, let’s say big money keeps the Republicans from going after immigration reform and also from America First foreign policy. The GOP of course know nothing of this as a plan, and thinks this is merely what big money wants as a matter of philosophy. Thus the Republicans are kept in a weak position with the voters. And if they get out of line with big money, say they want to reform banking laws, then big money can throw more money into the Democratic camp to push them back.

Basically, big money keeps the armies roughly the same size. And when it wants to tip the scales, it gives one of them more ammunition. A lot more.

Mitt Romney must have appeared to them the perfect candidate. Being the definition of corporate businessman, he also inclined to let others do his thinking for him. As such, he was both on the side of business from the start and easy to manipulate.

That explains why he was able to raise the staggering sum of 1.1 billion dollars for his campaign. For contrast, Bush and Kerry combined raised 880 million dollars in 2004.

When you maintain the balance of power, you control events. If forces are equal, it only takes a slight push one way or the other to tip events. This, I believe, is what big money is doing.