Mitt Romney
The Supreme Court created a monster
Romney's successful Super PAC shows how much big money will control elections in the post-Citizens United era
(Credit: AP Photo/Stephan Savoia) If Mitt Romney becomes president I’m to blame. Ten years ago I ran for the Democratic nomination for governor of Massachusetts — which would have given me the opportunity to whip Mitt Romney’s ass in the general election,
I blew it. In the final week of the primary I was neck and neck with the state treasurer, but then my money ran out, which meant my TV ads stopped. Declining the suggestion of my campaign manager to take out a second mortgage on my home, I frantically phoned anyone I could find who hadn’t yet contributed $500, the maximum state law allowed. I didn’t raise beans. In the end, the treasurer won the primary, Romney won the general election and became governor, and I went back to being a professor.
But my fantasy of beating Romney may be nothing more than a fantasy because Romney had — and still has — something I never did, and I’m not referring to his gleaming white teeth, carefully-coiffed hairline or height. He has money, and he has connections to much more money.
Mitt Romney was and is the candidate of big money.
In the last weeks before the just-completed Iowa caucuses, Romney spent over $3 million relentlessly torpedoing Newt Gingrich — cutting Gingrich’s support by half and hurtling him from first place to fourth. But Romney kept his fingerprints off the torpedo. Technically the money didn’t even come from his campaign.
It came from a Super PAC called “Restore Our Future,” which can sop up unlimited amounts from a few hugely wealthy donors without even disclosing their names. That’s because “Restore Our Future” is officially independent of the Romney campaign — although its chief fundraiser comes out of Romney’s finance team, its key political strategist was political director of Romney’s 2008 presidential campaign, its treasurer is Romney’s former chief counsel and its media whiz had been part of Romney’s media team.
“Restore Our Future” is to Mitt Romney’s campaign as the dark side of the moon is to the moon. And it reveals the grotesque result of the Supreme Court’s decision a year ago in Citizen United vs the Federal Election Commission, which reversed more than a century of efforts to curb the influence of big money on politics.
If income and wealth in America were as widely shared as in the first three decades after World War II, we’d have less reason to worry. But now, with an almost unprecedented concentration of money at the very top, Citizens United invites the worst corruption our democracy has witnessed since the Gilded Age.
Other candidates have quietly set up Super PACs of their own, but his unique ties to big money enable Romney to take most advantage of the Court’s scurrilous invitation.
The New York Times reports New York hedge-fund managers and Boston financiers contributed almost $30 million to “Restore Our Future” before the Iowa caucuses. And “Restore Our Future’s” faux independence has allowed Romney to publicly distance himself from them, their money and the dirty work that their money has bought.
More than anyone else running for president, Mitt Romney personifies the top 1 percent in America — actually, the top one-tenth of one percent. It’s not just his four homes and estimated $200 million fortune, not just his wheeling and dealing in leveraged-buyouts and private equity, not even the jobless refugees of his financial maneuvers that makes him the Gordon Gekko of presidential aspirants.
It’s his connections to the epicenters of big money in America — especially to top executives and financiers in the habit of investing for handsome returns. And there are almost no better returns than those found in tax benefits, government subsidies, loan guarantees, bailouts, regulatory exemptions, federal contracts and trade deals generating hundreds of millions if not billions of dollars a year.
Romney, in other words, is the candidate Citizens United created, the creature given life by the Supreme Court playing Dr. Frankenstein. Romney is the true son of Scalia, Roberts, Kennedy, Thomas and Alito.
Given what the Court has wrought, my conscience is less burdened. Had I whipped Romney’s ass ten years ago I might only have delayed his awakening. But I fear for the country.
Robert Reich, one of the nation’s leading experts on work and the economy, is Chancellor’s Professor of Public Policy at the Goldman School of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. Time Magazine has named him one of the ten most effective cabinet secretaries of the last century. He has written 13 books, including his latest best-seller, “Aftershock: The Next Economy and America’s Future;” “The Work of Nations,” which has been translated into 22 languages; and his newest, an e-book, “Beyond Outrage.” His syndicated columns, television appearances, and public radio commentaries reach millions of people each week. He is also a founding editor of the American Prospect magazine, and Chairman of the citizen’s group Common Cause. His widely-read blog can be found at www.robertreich.org. More Robert Reich.
With friends like Trump
The birther bully doubles down on Obama lies, insults CNN's Blitzer and makes it clear that he's using Mitt Romney
Mitt Romney and Donald Trump(Credit: AP) “That was a big steaming plate of shit spaghetti Trump just deposited on CNN for his supposed friend Romney,” apostate Republican David Frum wrote on Twitter Tuesday afternoon. I couldn’t say it any better.
On the day he’s hosting a supposed $2 million fundraiser for Mitt Romney in Las Vegas, Donald Trump doubled down – wait, is it tripled down? – on his birther nonsense in a hilarious interview with CNN’s Wolf Blitzer. The normally deferential Blitzer wound up telling Trump: “Donald, Donald, you’re beginning to look a little ridiculous.”
Continue Reading CloseJoan Walsh is Salon's editor at large. More Joan Walsh.
Birthers cheer for Trump
Orly Taitz and Joseph Farah tell Salon they're thrilled with the attention the mogul has brought to their theory
Mitt Romney walks past Donald Trump's airplane as he arrives in Las Vegas on Tuesday. (Credit: AP/Mary Altaffer) There are many theories about why Mitt Romney is embracing Donald Trump, especially after Trump reaffirmed his conviction to CNN this afternoon that President Obama was not born in the United States. But what do the real birthers think of the sudden, renewed attention? We spoke to some of the theory’s top advocates to find out.
Continue Reading CloseAlex Seitz-Wald is Salon's political reporter. Email him at aseitz-wald@salon.com, and follow him on Twitter @aseitzwald. More Alex Seitz-Wald.
Romney flips on coal
The GOP nominee attacked Obama over coal on Tuesday, but he once wanted greater regulation
Mitt Romney in Craig, Colo., on Tuesday. (Credit: AP) Mitt Romney’s campaign swung through the coal town of Craig, Colorado, today so that the candidate could slam President Obama for supposedly killing the coal industry, even though Romney pursued his own regulations against coal companies as governor of Massachusetts.
“He’s going after energy. He’s made it harder to get coal out of the ground,” Romney said. “I’m not going to forget communities like this across the country that are hurting right now under this president.”
Continue Reading CloseAlex Seitz-Wald is Salon's political reporter. Email him at aseitz-wald@salon.com, and follow him on Twitter @aseitzwald. More Alex Seitz-Wald.
Obama campaign raps Romney on Trump rhetoric
McCain has yet to speak out against "Birthers"
Republican presidential candidate, former Massachusetts Gov. Mitt Romney, looks out the campaign charter airplane window during the flight between San Diego and Hayden, Co., Monday, May 28, 2012. (AP Photo/Mary Altaffer)(Credit: AP) WASHINGTON (AP) — President Barack Obama’s re-election campaign is releasing a television advertisement accusing Mitt Romney of failing to stand up to “the voices of extremism” in his party.
The ad was released Tuesday as Romney was poised to clinch the Republican presidential nomination in the Texas primary. It takes the former Massachusetts governor to task for failing to speak out against real estate mogul Donald Trump, a supporter who has consistently charged that Obama is not a U.S. citizen.
The commercial opens by showing 2008 nominee John McCain brushing aside a woman who raised the citizenship issue at a town hall-style meeting, and asks, “Why won’t Mitt Romney do the same?”
A Romney aide is shown telling a TV interviewer that “a candidate can’t be responsible for everything a supporter has said.”
Romney advisor stands by Trump
Kevin Madden says the GOP candidate will still appear with the birther mogul, even though they disagree
Donald Trump (Credit: Reuters/David Moir) Despite the fact that Donald Trump reaffirmed today that he’s pretty sure President Obama “was born in Kenya,” Mitt Romney advisor Kevin Madden defended an upcoming joint fundraiser in Las Vegas today, arguing that Romney shouldn’t be held responsible for Trump’s birtherism.
In an interview with MSNBC’s Andrea Mitchell, Madden noted that Romney has publicly repudiated the birther myth in the past, and would do it again, but stopped short of saying that the candidate will do it in Trump’s presence.
Continue Reading CloseAlex Seitz-Wald is Salon's political reporter. Email him at aseitz-wald@salon.com, and follow him on Twitter @aseitzwald. More Alex Seitz-Wald.
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