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Scott Walker’s Money Bags

Now, most people know what plutocracy is: the rule of the rich, political power controlled by the wealthy. Plutocracy is not an American word and wasn’t meant to become an American phenomenon – some of our founders deplored what they called “the veneration of wealth.” But plutocracy is here, and a pumped up Citigroup even boasted of coining a variation on the word— “plutonomy”, which describes an economic system where the privileged few make sure the rich get richer and that government helps them do it.

Bill Moyers

Our word of the day is plutonomy. Moyers defined it above as, “an economic system where the privileged few make sure the rich get richer and that government helps them do it.”

Plutonomy is well and alive in the Scott Walker’s Wisconsin. Let’s review.

The Wire on HBO is the greatest TV show of all time. Untouchable in my book.  One of the key things that the police did in that show was to “Follow the money.” It’s easy to catch small criminals for slip ups like the recent crimes exposed in Scott Walkers political circus. But to catch the puppet masters, you need to follow the money.

For example, this recent quote by billionaire David Koch

“What Scott Walker is doing with the public unions in Wisconsin is critically important. He’s an impressive guy and he’s very courageous,” Koch says after a benefit dinner of salmon and white wine. “If the unions win the recall, there will be no stopping union power.”

This is why David Koch and his brother, Charles, are bankrolling Scott Walker’s campaign. If these out of state rich guys are helping, then who else? Let’s look.

Gov. Scott Walker has shattered Wisconsin’s campaign fundraising records — and far outraised his opponents — with the help of big-money contributions from out-of-state donors, who helped the embattled GOP governor collect more than $12 million in just over a year as he faces a statewide recall effort.

Walker has brought in $12.1 million since the beginning of last year, with about $4.6 million of that raised during the most recent reporting period of Dec. 11 to Jan. 17, the date his opponents filed what they say was more than 1 million signatures on recall petitions against him.

“It’s the most ever raised by anyone running for state office,” said Mike McCabe of the election watchdog group Wisconsin Democracy Campaign. “And he’s just getting started.”

Scott Walker has raised a lot of money and fast. The reason why is that under Wisconsin state law the incumbent can raise unlimited amounts of money until the election is set into place.  This is part of the reason why Walker kept stalling and asking the courts for more time to review the recall signatures.  He knew we won’t be able to overturn enough, but he would be able to continue to raise money from his plutocrat overlords.

Between Jan. 13 and Jan. 17 alone, Walker brought in $1 million from four out-of-state donors, including $250,000 from billionaire Texas home builder Bob Perry. The governor now has received $500,000 from Perry, one of the main funders of the controversial “Swift Boat” ads that targeted 2004 presidential candidate Sen. John Kerry.

Walker also received $250,000 from David Humphreys of Tamko Building Products in Joplin, Mo., another $250,000 from Sarah Atkins of Tamko, and $250,000 from Stanley Herzog of Herzog Contracting, also of Missouri.

Since Jan. 1, Walker has received donations from 17 individuals who took advantage of the lack of the state’s typical $10,000 campaign finance limits. Those donors collectively have contributed about $1.6 million to Walker’s campaign, accounting for 66 percent of the $2.4 million Walker has raised from individuals this year.

17 people had donated 66 percent of Scott Walker’s funds.  17 people! Doesn’t it seem odd that only 17 people have this much power in Wisconsin and the fact that most are from out of state? This is plutonomy at its greatest.  These people want to see unions ended and they know the battle is on.  They are not supporting Walker for the greater good of Wisconsin; They are supporting Walker because they are interested in similar measures succeeding so as to protect their future profits. Anything that is anti-union is good for them. They know they would be better off in a world with no unions.  They would be able to exploit workers and raise their own profits.

This is why we have such a large gap in income inequality. We are allowing the few, rich to decide the fate of the working many.  Scott Walker is just going along for the ride on the money train.  Walker says he was inspired by Ronald Reagan to take the actions necessary to balance the budget.  (Which didn’t even work) I wish he would have watched this video first:

The state is struggling.  The economy is not recovering as fast as the rest of the United States.

Official statistics indicate that Wisconsin has lost jobs for six months in a row—from July to December 2011—for a total of 35,600 jobs lost in the second half of the year. This stands in dramatic contrast to consistent job growth at the national level. (It was in July 2011 that Governor Walker’s 2011-2013 State Budget went into effect.) No other state lost that many jobs. In fact, Wisconsin is one of only six states expected to experience a decline in economic growth over the next six months, according to a new report issued by the FederalReserve  Bank of Philadelphia.

Source

Schools are hurting, teachers are hurting, our students are hurting. This is all taking its toll on Wisconsin.  We need somebody who is accountable to all Wisconsinites and not beholden to the money of the rich corporatist plutocrats.

Koch said:

“We’ve gotten pretty good at this over the years. “We’ve spent a lot of money in Wisconsin. We’re going to spend more.”

Whose Wisconsin is it? It sure isn’t theirs and we won’t let them buy it.  Recall Walker!

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