Sunday, 17 June 2012

McCain says foreign money influencing US elections, sneaking in through super PACs

quote [ “That is a great deal of money. And, again, we need a level playing field and we need to go back to the realization that Teddy Roosevelt had: that we have to have a limit on the flow of money and that corporations are not people,” McCain said in an interview with PBS’ ”NewsHour”. McCain ... said the Supreme Court got it wrong in Citizens United, the court case that paved the way for super PACs. He called the decision “the most misguided, naive, uninformed, egregious decision of the United States Supreme Court, I think, in the 21st century.” ]

Yes.
This.

WASHINGTON — Sen. John McCain said in an interview posted online Friday that “foreign money” was helping fellow Republican Mitt Romney’s presidential hopes and singled out one of his ally’s most generous supporters.

McCain, the GOP’s 2008 presidential nominee, suggested casino magnate Sheldon Adelson’s $10 million contribution to a pro-Romney super PAC was a conduit for Adelson to use profits from properties in Macau to shape American elections. McCain also criticized the Supreme Court ruling that allows individuals and corporations to make such unlimited donations to nominally independent political action committees.

“That is a great deal of money. And, again, we need a level playing field and we need to go back to the realization that Teddy Roosevelt had: that we have to have a limit on the flow of money and that corporations are not people,” McCain said in an interview with PBS’ ”NewsHour”.

The comment about corporations was at odds with Romney, who last year told a heckler at the Iowa State Fair that “corporations are people, my friend.” Romney’s critics seized on the comment as proof the wealthy candidate favored businesses over individuals.

The NewsHour later released a transcript of an unaired portion of the interview where journalist Judy Woodruff reminded McCain of Romney’s comments about corporations and his seeming split with Romney.

“I think that in that context he was talking about they are made up of people and that’s true in that context,” McCain said. “But to be corporations for purposes of involving campaigns, to be treated the same as people, I just don’t agree with that.”

McCain, a Romney rival in 2008 and now one of his top supporters, said the Supreme Court got it wrong in Citizens United, the court case that paved the way for super PACs. He called the decision “the most misguided, naive, uninformed, egregious decision of the United States Supreme Court, I think, in the 21st century.”

“I just wish one of them had run for county sheriff,” McCain said of the justices.

McCain is a longtime critic of money’s outsized role in politics and, despite his support of Romney, worked with Democratic Sen. Russ Feingold on an overhaul of campaign finance laws in 2002 that limits donations to candidates. Those rules, though, do not apply to independent groups such as the one Adelson and his wife, Miriam, made this week to the pro-Romney Restore Our Future PAC.

McCain said Adelson earns his money through a global casino empire, and “much of Mr. Adelson’s casino profits that go to him come from this casino in Macau.

“Obviously, maybe in a roundabout way, foreign money is coming into an American campaign,” McCain said.

Foreign citizens cannot make political contributions to U.S. campaigns.

Adelson is head of the Sands Corp., which owns three casinos in Macau. His company also runs Las Vegas’ Venetian complex. Forbes has estimated that he is worth $24.9 billion.

Adelson previously supported former House Speaker Newt Gingrich’s presidential bid with more than $20 million that kept Gingrich’s candidacy alive.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
[politics] [by lilmookieesquire@1:17amGMT] [+10 Good]

Comments

bruceski said @ 1:57am GMT on 17th Jun
I saw that interview. McCain's not a guy I generally agree with but there are some issues like this which I feel do a lot for making them feel like his opinions rather than Party Line stuff. Bill Clinton's interview on the Newshour about a week ago felt similar, but that's kinda expected of ex-presidents.
willrogers said @ 10:57am GMT on 17th Jun [Score:2]
John McCain used to be like this quite consistently several years ago before the 2008 presidential election.

He worked with the quite liberal Russ Feingold on campaign finance reform, publicly repudiated divisive religious right figures like Jerry Falwell and Pat Robertson, repeatedly declined to sign Grover Norquist's pledge to never raise taxes, explicitly opposed tax cuts under W Bush and various other principled positions against his own party that led to him being called a "maverick." (Then again, he also did some incredibly shitty things during that same time, like the Keating Five shit, opposing MLK jr. Day as a federal holiday, and voting for the banking deregulations that caused the recent Great Recession)

He pretty much reversed all of these sensible positions in the run up to the 2008 election and has since become even more extreme and descended into craven opportunism like Romney. Obviously much of this is simply because he's pandering to an ever more extreme constituency, having to run against Tea Party crazies for his own senate seat, but it still makes him a shitheel.
azazel said @ 12:16pm GMT on 17th Jun
Keating Five?
willrogers said @ 11:59pm GMT on 17th Jun
The Keating Five were five United States Senators accused of corruption in 1989, igniting a major political scandal as part of the larger Savings and Loan crisis of the late 1980s and early 1990s. The five senators – Alan Cranston (Democrat of California), Dennis DeConcini (Democrat of Arizona), John Glenn (Democrat of Ohio), John McCain (Republican of Arizona), and Donald W. Riegle, Jr. (Democrat of Michigan) – were accused of improperly intervening in 1987 on behalf of Charles H. Keating, Jr., Chairman of the Lincoln Savings and Loan Association, which was the target of a regulatory investigation by the Federal Home Loan Bank Board (FHLBB). The FHLBB subsequently backed off taking action against Lincoln.

Lincoln Savings and Loan collapsed in 1989, at a cost of over $3 billion to the federal government. Some 23,000 Lincoln bondholders were defrauded and many investors lost their life savings. The substantial political contributions Keating had made to each of the senators, totaling $1.3 million, attracted considerable public and media attention. After a lengthy investigation, the Senate Ethics Committee determined in 1991 that Cranston, DeConcini, and Riegle had substantially and improperly interfered with the FHLBB's investigation of Lincoln Savings, with Cranston receiving a formal reprimand. Senators Glenn and McCain were cleared of having acted improperly but were criticized for having exercised "poor judgment".

All five senators served out their terms. Only Glenn and McCain ran for re-election, and they both retained their seats. McCain would go on to run for President of the United States twice, including being the Republican Party nominee in 2008.
Supreme_Coconut said @ 7:00pm GMT on 17th Jun [Score:1 Insightful]
He was better before 2002, really. There was some picture where he was shaking President W. Bush's hand with Karl Rove in the background that, to me, signaled the end of his maverick ways. Every so often the old McCain still shows up and makes me smile but he sold his soul to the Devil and it's hard to make amends from that.
Like Kormac says: "Betrayal can never be forgiven."
GordonGuano said @ 2:27am GMT on 17th Jun [Score:3 Good]
It bears repeating: this Adelson guy poured $20 million down the rathole that was the Newt Gingrich campaign as a warm-up. Newt. Fucking. Gingrich. You know, the guy who proved that shit can be piled at least 72 inches high. You could try to fight AIDS in Africa by handing out toddlers and Viagra to sufferers and sleep better than if you had tried to install that bloated satyr in the White House.
ComposerNate said @ 10:03am GMT on 17th Jun
Imagine Gingrich sharing a stage with the president, being given that honor despite. Or poor Santorum being mopped up, way over his head yet finding strength in not understanding why he's being laughed at. Or Ron Paul being sneered at, the bulk of his support coming from patient Democrats. Or Rick Perry just wanting to go home but knowing he's too handsome.
sanepride said @ 2:34am GMT on 17th Jun
Much as I despise Adelson, what difference does it make whether his money comes from Macao or Las Vegas? By referencing 'foreign money', my initial assumption was that he was talking about money from foreign governments... a different animal entirely.
lilmookieesquire said @ 2:49am GMT on 17th Jun
Politics aren't restrained to government.

Look at the US/CIA/drug trade. The US uses shell corporations to funnel money to their political interests etc. It's foolish to think the US is the only country doing that. The Citizens United leaves the doors wide open. It is a horrible ruling.

I'm rather shocked that the republicans are on board with something so "un-American".
GordonGuano said @ 3:49am GMT on 17th Jun [Score:3 Insightful]
They would stick their hand up Lenin's ass to work his jaw like a puppet if it meant a majority in the Senate.
lilmookieesquire said @ 3:58am GMT on 17th Jun
+1 funsightful.
dangerm00se said @ 2:36am GMT on 17th Jun [Score:3 Underrated]
I still wanna know if Corporations get 13th Amendment protections from being owned by other people, corporate or non.
theolypse said @ 4:16am GMT on 17th Jun
Perhaps a disgruntled ex-officer could demonstrate enough standing to push that argument after a hostile takeover.
swiggy said @ 3:39am GMT on 17th Jun [Score:3 Underrated]
Fuck-tons of money available to manipulate political powers, without oversight, and some of it's coming from foreign powers?

Imagine my complete and utter lack of surprise.
incpenners said @ 4:19am GMT on 17th Jun [Score:-5 Flamebait]
Praise Allah that the Democrats have too much integrity to raise and spend money for their political aims!
foobar said @ 4:34am GMT on 17th Jun
Don't blame me, I voted for Kodos.
Taleweaver said @ 2:54pm GMT on 17th Jun
Isn't that guy's name Koloth? I was under the impression that the Simpson aliens were named after two old Star Trek Klingons, Kang and Koloth.
sanepride said @ 1:09am GMT on 18th Jun
No, it was Kodos. Though he wasn't a Klingon, Kodos (the executioner) was also a character from the Star Trek TOS.
cb361 said @ 7:39am GMT on 18th Jun
The Brain Slug candidate is the only candidate to vote for.
mechanical contrivance said @ 12:09am GMT on 19th Jun
Nice hat.
swiggy said @ 5:51am GMT on 17th Jun [Score:5 Underrated]
Very telling that you took an apolitical comment about ubiquitous corruption and immediately sprung to defend your masters by attacking their enemies.
sua_sponte said @ 6:02am GMT on 17th Jun
McCain Has Senior Moment, Tells Truth
sua_sponte said @ 6:44am GMT on 17th Jun [Score:1 Original]
Did I mention that Mitt Romney should be fucked in the face by a herd of rhinos?
inkpenners said @ 9:14am GMT on 17th Jun
What a RINO
assbastard said @ 9:28am GMT on 17th Jun
Weren't you singing his praises about 4 years ago?
Inkpenis said @ 11:45am GMT on 17th Jun
Elifino.

(this is fun!)
incporners said @ 12:16pm GMT on 17th Jun [Score:-1 Unworthy Self Link]
I just filmed Bill Clinton getting a blowjob from Ted Kennedy in a car underwater. It turned me on.
scojam said @ 5:32pm GMT on 17th Jun
You can buy almost anything, the World Series, the Stanley Cup or the American election, if you have enough money. This is the very wealthy people's poker game and win or lose they gain no matter who they supported during the election or how much they lost bidding on the loser.
torinaga said @ 5:55pm GMT on 17th Jun
"The saying is, money talks; now, money is speech itself—
According to our own high court..."
--Robert Pinsky from his day in the newsroom as NPR's NewsPoet. Transcript here
structured_spirits said @ 8:24pm GMT on 17th Jun
Oh boo ho John McCain, now that the Israelis can just buy candidates through superpacks, I guess they won't be willing to give you as much to shill for them anymore. What a dick.

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