RICH MAN POOR MAN: Mo’ Money, Mo’ Republican

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RELATED: Despite what you are hearing about Tea Party Populism and hopping mad Main Streeters, one thing is indisputable. The more money you make, the more likely you were to cast a ballot for Republicans in the 2010 elections. The GOP was swept into office by a green tide of affluence. MORE

RELATED: Who was the big winner in this week’s midterm election? The Republican Party? No. Former half-term Governor Sarah Palin? Not hardly. Speaker-in-waiting John Boehner? Nope. The Tea Party movement? Think again. Tuesday night’s big winner was undoubtedly Fox News. It did more than just about anyone to weaken President Obama, peel off Senate seats and wrestle control of the U.S. House of Representatives from Democrats. MORE

BILL MOYERs:  I urge you to seek out the recent edition of Harper’s Magazine. The former editor Roger D. Hodge brilliantly dissects how democracy has gone on sale in America. Ideally, he writes, our ballots purport to be expressions of political will, which we hope and pray will be translated into legislative and executive action by our pretended representatives. But voting is the beginning of civil virtue, not its end, and the focus of real power is elsewhere. Voters still “matter” of course, but only as raw material to be shaped by the actual form of political influence – money. The article is excerpted from Hodge’s new book, The Mendacity of Hope. In it he describes how America’s founding generation especially feared the kind of corruption that occurs when the private ends of a narrow faction succeed in capturing the engines of government. James Madison and many of his contemporaries knew this kind of corruption could consume the republic. Looking at history a tragic lens, they thought the life cycle of republics – their degeneration into anarchy, monarchy, or oligarchy – was inescapable. And they attempted to erect safeguards against it, hoping to prevent private and narrow personal interests from overriding those of the general public. They failed. Hardly a century passed after the ringing propositions of 1776 than America was engulfed in the gross materialism and political corruption of the First Gilded Age, when Big Money bought the government right out from under the voters. In their magisterial work on The Growth of the American Republic, the historians Morrison, Commager, and Leuchtenberg describe how in that era “privilege controlled politics,” and “the purchase of votes, the corruption of election officials, the bribing of legislatures, the lobbying of special bills, and the flagrant disregard of laws” threatened the very foundations of the country.” MORE

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