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Posts Tagged ‘oligarchy

“I know no safe depository of the ultimate powers of the society but the people themselves”*…

 

When you think about politics these days, it’s hard to avoid focusing on Donald Trump’s remarkable rise to power and his even more remarkable presidency. It’s even harder to avoid thinking about the scandals swirling around him day to day. It’s not that I don’t think these are important. But they are not the subject of today’s talk.  In this talk, I want to look at the big picture. In this picture, Trump is merely a symptom. He is a symptom of a serious problem with our political and constitutional system.

Because Trump’s method is to provoke outrage and fluster his opponents, many people have wondered whether we are currently in some sort of constitutional crisis.  We are not. Rather, we are in a period of constitutional rot

Yale Law professor Jack Balkin on the importance of not missing the forest for the trees: “Trumping the Constitution.”

[image above, sourced here]

* “I know no safe depository of the ultimate powers of the society but the people themselves ; and if we think them not enlightened enough to exercise their control with a wholesome discretion, the remedy is not to take it from them, but to inform their discretion by education. This is the true corrective of abuses of constitutional power.”   – Thomas Jefferson

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As we batten down the hatches, we might recall that it was on this date in 1788 that the eleven states voted to adopt the new U.S. Constitution, and it was formally ratified; it went into effect on March 4 of the following year.  The two remaining states ratified by 1790.

Page one of the original copy of the Constitution

source

 

Written by LW

June 21, 2017 at 1:01 am

“Those in power must spend a lot of their time laughing at us”*…

 

LittleSis— the opposite of Big Brother–is a free database of who-knows-who at the heights of business and government.

It’s a kind of “involuntary Facebook of the 1%”…

We’re a grassroots watchdog network connecting the dots between the world’s most powerful people and organizations…  We bring transparency to influential social networks by tracking the key relationships of politicians, business leaders, lobbyists, financiers, and their affiliated institutions. We help answer questions such as:

  • Who do the wealthiest Americans donate their money to?
  • Where did White House officials work before they were appointed?
  • Which lobbyists are married to politicians? Who do they lobby for?

All of this information is public, but scattered. We bring it together in one place. Our data derives from government filings, news articles, and other reputable sources. Some data sets are updated automatically; the rest is filled in by our user community.

The database is large; at this writing:

And as the explanation above suggests, it’s growing.

Readers might do well to browse.  If, as a recent Princeton study suggests, the U.S. is no longer a democracy, but an oligarchy, it’d be wise to meet the new bosses.

* Alice Walker

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As we contemplate cronyism, we might recall that it was on this date in 1884 that the brokerage firm of Grant & Ward, in which former President Ulysses S. Grant was a partner, failed under the weight of $16,725,466 worth of debts.  The firm, founded in 1881, had done well at first, bolstered by the salesmanship of Ferdinand Ward– “The Young Napoleon of Finance”– and by Grant’s name.  The former president bragged to friends that he was worth two and a half million dollars, and family members and friends poured money into the firm.  But Grant was largely disengaged from the company’s business (he later argued in his autobiography), often signing papers without reading them.  In the event, it turned out that Ward was running a Ponzi scheme (before Ponzi had given the technique its name).  Ward was eventually convicted of fraud and served six years at Sing Sing.  Grant was financially ruined, but was bailed out by William Henry Vanderbilt, who paid off Grant’s debts, and by Mark Twain, whose generous offer for Grant’s autobiography financed the ex-President’s final years.

Frederick Opper’s treatment of “Young Napoleon” Ward, published during Ward’s trial

 source

 

Written by LW

May 6, 2014 at 1:01 am

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