September 27, 2003
Crony Capitalism
The Bushies bring a whole new meaning to the phrase "greed is good". A number of the more interesting stories in the news this week have covered some of the more egregious examples of how crony capitalism is working today.
Molly Ivins and Lou Dubose have recently released Bushwacked! which does a tremendous job of pulling together how GeeDubya (as they call him) personafies the ways wealth flows to those politically connected. Bush's faith in the market place is unbounded as is his own belief that he deserves his good fortune to be born who he is, with the accorded privileges that come with that position. As Bush said on July 9, 2002: In the long run, there is no capitalism without conscience; there is no wealth without character. And as Bush has wealth, of course, he also has the character that is endowed on those with wealth and his conscience is clear.
Molly and Lou point to the underlying bedrock belief that allows Bush and his friends to convince themselves of this truth.
There's a true-believerism about the free-marketeers that is genuinely unsettling, as though it were a cult or a religion in which certain fundamental assumptions are never questioned.
How the politcially connected are doing under Bush's administration is the topic of several posts in TalkingPointsMemo covering the wealth making that comes from conquering an oil-rich country. Nice work if you can get it, huh?
And I see that Josh has picked up on the other story that I found so telling today. There is something especially galling to see that the retirement funds of the Florida public school teachers are being used to bail out Edison schools, the company founded to privatize schools.
The three member board of trustees of the fund is chaired by Florida Governor Jeb Bush, a big supporter of privatized schools and a big supporter of Edison.
The brothers are good at greasing the palms of their friends, and are well-rewarded for their friendship.
Such a sweet deal.
Steve Gillard has an excellent post on this as well (you might need to scroll down).
Update: Uggabugga illustrates GeeDubya's friendships. Nicely done.
Posted by Mary at September 27, 2003 02:26 PM | TrackBackShrub is blowing it again! If he had bothered to do any studying while in school, he might have learned something from a master political machinist:
What tells in holdin your grip on your district is to go right down among the poor families and help them. I've got a regular system for this. If there's a fire in Ninth or Tenth or Eleventh Avenue, for example, any hour of the day or night, I'm usually there with some of my election district captains as soon as the fire engines. If a family is burned out I don't I don't ask them if they are Republicans or Democrats, and I don't refer them to the Charity Organization Society, which would investigate their case in a month or two and decide if they are worthy of help about the time they are dead from starvation. I just get quarters for them, buy clothes for them if their clothes were all burned up, and fix them up until they get things runnin' again. It's philanthropy, but it's politics too - mighty good politics. Who can tell me how many votes one of those fires brings me? The poor are the most grateful people in the world, and, let me tell you, they have more friends in their neighborhoods than the rich have in theirs...
Another thing, I can always get a deserving man a job. I make it a point to keep track of jobs, and it seldom happens that I don't have a few up my sleeve ready for use. I hear a young feller that's proud of his voice... I ask him to join our Glee Club. He comes up and sings, and he's a follower of Plunkitt for life. Another young feller gains a reputation as a baseball player in a vacant lot. I bring him into our baseball club. That fixes him. You'll find him working for my ticket at the polls next election. I rope them all in by givin' them opportunities to show off themselves off. I don't trouble them with political arguments.
--George Washington Plunkitt, Politician, New York, 1889
GeeDub is known for prizing loyalty. I guess he's very loyal to corruption?
Posted by: secret shopper jobs on September 28, 2003 09:21 PMYou might find this interesting. A few days ago the results of a Gallup poll were published in the NYT/AP Newswire. According the poll, which was cited favorably by Dick Cheney, a majority of Baghdad residents thought the liberation of Iraq was "worth it." Unfortunately, the newspaper articles (which I confess to having read online) did not include links to the raw data.
It is my policy to not mention polls where I have no access to the raw data or methodology.
Here is a story in the Washington Post explaining how the poll results were misrepresented. One of these days somebody should post about how poll results can be misconstrued or misrepresented.
Posted by: James R MacLean on September 29, 2003 12:40 AMHaving said that, I want to add that the NYT is frequently maligned unfairly. The Washington Post had a photo spread about the Iran-Iraq War which was chock-a-block full of errors and bizarre photo selections. A particularly egregious example was the photo caption which said, "In 1980 Saddam Hussein invaded his western neighbor Iran."
Posted by: James R MacLean on September 29, 2003 12:44 AM...Saddam Hussein invaded his western neighbor Iran.
Details, details. Actually, for that year, Iraq and Iran decided to switch places on the globe and Iran really was further west....
I question both the NYT and WaPo. The NYTimes reporters have been less than stellar for awhile. And I don't have much confidence that Bill Keller, Bush enthusiast, will encourage people to look closer. And WaPo was positively blood thirsty when beating the drums for war. Although their reporters seem to be working hard to get some real news. In my opinion, Krugman is worth the NYTimes especially when you throw in some of the other oped columnists like Maureen Dowd, but WaPo has done a better job of reporting on the Bush corruption despite the editorial collusion with the White House.
Posted by: Mary on September 29, 2003 02:12 AM