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Pete DeFazio

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2012 Billionaires of the Year

Since it's New Year's Eve, I thought we should honor those billionaires who had so much money they knew they could afford to step up and toss it away on wingnuts and Mitt Romney.

To their credit, these are the billionaires who put a lot of money up under the Klieg lights, rather than snuffling around the dark money labyrinth, though it is entirely possible they tossed at least as much out on the dark money trail as they did in the light.

To arrive at these numbers, I went through the top 50 Federal SuperPACs, downloaded the data, and captured anyone who gave $100,000 or more to right wing SuperPACs, whether for the primary or general election. These numbers would include only giving to federally disclosed SuperPACs, and not 501(c)(4) organizations or state contributions to specific candidates. While I'm certain we would discover many more dollars flowing through into state elections, that's a job that would take more hands than I have.

You can see the entire list here, but I'll list the top ten for your enjoyment. Some names you will know; others you won't. A couple came as a surprise to me.

  1. $43,325,000: Sheldon Adelson. Yes, our favorite Las Vegas billionaire wins the prize for the most generous buyouts in federal politics from primary through the general election. His name appeared at the top of nearly every conservative SuperPAC I reviewed. He was at every damn table in the election. What a guy.
  2. $41,825,000: Dr. Miriam Adelson. Sliding in just a couple of million under Sheldon, Mrs. Adelson was equally generous and to the same groups, for the most part. The Adelson daughters also did their part with a million or so each, but since we're looking on a per person, rather than per family basis, the Adelsons capture the Number One and Two spots on the hit parade.
  3. $29,200,000: Harold Simmons and Contran. Some checks came from Contran; others from Simmons. Since Simmons is the guy controlling Contran, he got credit for their contributions and his own, bringing him into the number three position. Simmons, you may recall, spent $4 million for the SwiftBoat operation against John Kerry in 2004. Back then, we thought that was an obscene amount of money. Now he doesn't even get the number one or two spot for nearly $30 million. Simmons wins the top Texas donor slot, though he's not the only Texan in our Top Ten.

    Annette Simmons kicked in $1.2 million to Rick Santorum, but doesn't make the top ten list for that, just a mere mention next to her husband's $29.2 million.

  4. $22,100,000: Bob Perry. Coming in fourth is our other favorite Texan, Bob Perry, builder, swiftboater and Texas billionaire, who would have you believe he's just a good ole boy who grew up and started building houses one day. Now Bob Perry is well known for his giving largesse to the Republican Governors' Association and state races, too. It's possible that if we were to tally those in, he'd lead the pack. But for this contest, he comes in at number 4.
  5. $13,090,000: J. Joe Ricketts. Yes, our favorite bigot, Romney pal, and TD Ameritrade founder takes the number 5 slot. Ricketts, you may recall, thought it would be really cool to revive the Reverend Wright smear in the 2012 elections. There was a proposal written up and everything, but then it came out in public and he abandoned that idea. He did, however, give a lot of money toward Dinesh D'Souza's hate flick. That isn't reflected here, since I'm sure it went through Americans for Prosperity or Citizens United.

    Ricketts is also the last of the eight-figure public billionaires on the list. Beginning with number six, there's a sharp decline in totals. I'm certain if we ever get any sunlight on 501(c)(4) organizations, we'd learn about lots more gifts from the same people to those organizations, but again...we're just looking at SuperPACs with federal disclosure now.

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For the first hour of the House of Representatives' day, representatives make floor speeches of anywhere from one to five minutes. The speeches are a way of getting specific objections into the record outside of debate, or memorializing someone (like Geraldine Ferraro this week), or discussing issues. Mostly, they go unnoticed by the public and the press.

It's really too bad they're ignored, because some of the best, most passionate, most fiery moments are made during these speeches, framing arguments and messages for both parties and moving forward agendas.

Today's winner of the best floor speech is Rep. Pete DeFazio (D-OR) for his ridicule of stupid GOP cuts to important and small programs in favor of defense spending and oil and farm subsidies.

DeFazio zooms in on the YouthBuild America program, which takes kids who have problems, have dropped out of high school and trains them to build homes for underprivileged, low-income families. They get counseling, job training, and spend a year honing those skills. Here's an excerpt from their fact sheet:

YouthBuild addresses several core needs of low-income neighborhoods including: housing, education, employment, crime prevention, and leadership development. The ultimate goal of the YouthBuild program is to help young Americans transform their own lives and their roles in society by contributing to better outcomes for their communities.

Now, we know why Republicans don't like this program. They don't like it because those now-trained, skilled young people will be able to have productive jobs and even (gasp!) join a trade union as they continue to hone their skills in the workplace. And of course, they really don't like any low-income folks receiving government assistance with housing and the like when it doesn't come as a selective gift from Those Who Have Money To Bestow As They Please.

Remember the Republican maxim. Memorize it: Love the fetus; abandon the child.

Full transcript follows:

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(h/t Heather at VideoCafe)

Woot! I love it when we get some plain-spoken truth on the House Floor. Such a refreshing change from the Republican lies and fear-mongering.

The Republican record defies their rhetoric. Remember their so-called Prescription Drug Benefit for Seniors passed in the dark of the night? No one read the bill, didn’t know what was in it. Cost 700 billion dollars ‘cause that was subsidizing the pharmaceutical and insurance industry. But now, they’re worried about costs. It gave the seniors a donut hole.

Now their concern is not about what they’re stating. It’s about their patrons in the insurance industry. Because this bill has real reforms of the worst abuses of the insurance industry. It takes away their unfair anti-trust immunity, so they can no longer collude to drive up premium prices or restrict coverages. The Republicans would continue the anti-trust exemption. This bill outlaws the unfair pre-existing condition restriction. Republicans would continue that for the insurance industry. This bill would not allow the industry to cancel your policy even though you’ve been paying your premiums when you get sick. It’s called recission. The Republicans allowed that abuse to continue. This bill, on our side, outlaws the small print that limits your lifetime coverage, which bankrupts families every day in America. The Republicans allow it to continue.

And that’s not enough. They’ve opened up a new loophole, their so-called national plan: a company would only be regulated by the laws of the state in which it was based when it sold you a policy. If you live in Oregon, but you bought a policy that was written--and oh, by the way, they expand the definition of state to include the territories in the Mariana Islands—so if you’ve got a problem, call the Mariana Islands Insurance Commissioner. That’s the Republican plan and profits to the insurance industry!