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Forum Post: Corporate Lobbyists Manage Our Presidential Debates

Posted 7 years ago on Oct. 23, 2012, 5:03 p.m. EST by LeoYo (5909)
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Corporate Lobbyists Manage Our Presidential Debates

Tuesday, 23 October 2012 13:49 By Lee Fang, The Nation | Report

http://truth-out.org/news/item/12278-corporate-lobbyists-manage-our-presidential-debates

Three debates have gone by, and to this date, neither a candidate for president or vice president has been asked about some of the biggest issues facing voters this cycle.

Which candidate will prosecute the financial crimes that led to the disaster in 2008? Who has the best plan to deal with the climate crisis? Poll after poll shows Americans are frustrated with the corrosive levels of corruption and big money in DC, but the moderators have refused to bring it up ethics reform. America’s War on Drugs—which has contributed to tens of thousands of deaths in Mexico, racist stop-and-frisk policies in New York, and crackdowns on medical marijuana users across the country—is apparently too taboo of a topic as well.

Why are our debate moderators so reluctant to bring up controversial topics that affect the future of our country? What’s behind this wall of silence?

Maybe it’s worth considering that the men behind the nonprofit managing our presidential debate system are corporate lobbyists.

Take Mike McCury, the Democratic co-chair of the Commission on Presidential Debates. McCurry, a former White House press secretary for President Clinton, works as a Partner at Public Strategies Washington, a Beltway lobbying firm.

McCurry doesn’t disclose all of his clients, but his website lists a number of corporations, including Bain Capital, Bristol-Myers Squibb Co, Lockheed Martin Corporation, the US Chamber of Commerce and Anheuser-Busch. One could argue that McCurry’s work for the beer lobby—which benefits from not having to compete with other drugs, like marijuana—might be a conflict of interest given the debate’s refusal to bring up the failed War on Drugs. (McCurry’s lobbying client, Anheuser-Busch, also helped underwrite the last presidential debate, providing free beer to the journalists at the event.)

Worse, McCurry doesn’t even reveal his entire client list. I took a look at Department of Justice records, and McCurry’s company is also currently being paid over $132,026 to lobby for the Mexican government on issues relating to the Trans-Pacific Partnership trade negotiations. Wonder why none of the debates have covered the TPP—which could have huge implications for the economy?

Frank Fahrenkopf Jr, the Republican co-chair, is the head of a lobbying coalition of major casinos and related gambling industries. Fahrenkopf—who was paid $1,920,561 in 2010, according to IRS records—represents major firms like Las Vegas Sands Corp, MGM Resorts International, Morgan Stanley, KPMG and Goldman Sachs. Fahrenkopf’s group spends millions on K Street lobbyists and attorneys—retaining even Ropes & Gray, the law firm in charge of Romney’s non-blind trust—to influence federal policy on issues ranging from Internet gambling to tax and labor policy.

Americans deserve a real debate; one that shines a light on our biggest challenges and forces the candidates to draw real distinctions. It’s less than reassuring that we have K Street shills managing our only substantive public forum.

This story originally appeared in The Nation. Copyright © 2012 The Nation – distributed by Agence Global.

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Matt Taibbi and Chrystia Freeland on the One Percent's Power and Privileges

Tuesday, 23 October 2012 09:39 By Bill Moyers, Moyers & Co. | Report

http://truth-out.org/news/item/12268-matt-taibbi-and-chrystia-freeland-on-the-one-percents-power-and-privileges

The One Percent is not only increasing their share of wealth - they're using it to spread millions among political candidates who serve their interests. Example: Goldman Sachs, which gave more money than any other major American corporation to Barack Obama in 2008, is switching alliances this year; their employees have given $900,000 both to Mitt Romney's campaign and to the pro-Romney super PAC Restore Our Future. Why? Because, says the Wall Street Journal, the Goldman Sachs gang felt betrayed by President Obama's modest attempts at financial reform.

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[-] 1 points by hchc (3297) from Tampa, FL 7 years ago

An extremely interesting fact is Fox's Murdoch has donated more money to Obama than to Romney, and by a decent amount. Perhaps Obama is better ratings for Fox?

[-] 1 points by jrhirsch (4714) from Sun City, CA 7 years ago

What's your source?

[-] 0 points by hchc (3297) from Tampa, FL 7 years ago

http://www.politicususa.com/rupert-murdochs-news-corp-donated-59000-reelect-obama.html

Its such a tangeled mess of media and money in DC these days...Must get some of the D and R out of there and replace with different people who can stir the pot with no attachments to belonging to either of them.

[-] 1 points by jrhirsch (4714) from Sun City, CA 7 years ago

The newscorp donations weren't given directly by Murdoch. They were given by the employees or by Pacs. Obama received $380,000 in 2008 from newscorp employees and pacs, but only 98,000 so far in 2012.

http://www.opensecrets.org/orgs/recips.php?id=D000000227&type=P&state=&sort=A&cycle=2012