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US Politics Mega-thread - Page 2440

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Read the rules in the OP before posting, please.

In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up!

NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious.
Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action.
CannonsNCarriers
Profile Joined April 2010
United States638 Posts
Last Edited: 2015-10-27 21:12:13
October 27 2015 21:09 GMT
#48781
Speaking as a Liberal, I really hated Citizen's United (CU) as a decision and feared its consequences for the country. But having seen how it actually worked out, I am much less concerned. CU has effectively destroyed the Republican party as a governing entity.

The Republican congress can no longer put up consistently conservative, effective politicians anymore (Boehner/Cantor/McCarthy). Republicans are now wholly beholden to ideologically driven lunatics who find everything in the world to be insufficiently conservative. The link to CU here is that the Super PACs have been sniping out all the effective negotiators of the Republican party for being impure and insufficiently conservative because they committed the unforgivable sin of negotiating with Democrats. These CU powered Super PACs have taken scalp after scalp until now the Republican congress depends on Democrats to pass actual governance legislation (see my link above, team Pelosi will put up all the votes for the big deal Wednesday). Compare the effectiveness of a real Republican politician like McConnel or Boehner to one of the Super PAC era whack jobs like Cruz or that Jordan imbecile from the house freedom caucus.

Moreover, the Super PAC managers spend like 4 out of 5 of the dollars they receive on their own salaries. I don't mind that they take money from the vicious and evil minded rich and pocket it for themselves. And the consequences have been the destruction of the Republican party, which I also don't mind.
Dun tuch my cheezbrgr
DickMcFanny
Profile Blog Joined September 2015
Ireland1076 Posts
October 27 2015 21:14 GMT
#48782
Well even if they haven't refined the process of buying elections quite yet, you can be sure that the next election will be decided by special interest groups.

Though it doesn't get more corrupt than Bush 2, and he made it without Citizens United (though not legitimately...)
| (• ◡•)|╯ ╰(❍ᴥ❍ʋ)
Bagration
Profile Blog Joined October 2011
United States18282 Posts
Last Edited: 2015-10-27 21:32:30
October 27 2015 21:29 GMT
#48783
On October 28 2015 06:09 CannonsNCarriers wrote:
Speaking as a Liberal, I really hated Citizen's United (CU) as a decision and feared its consequences for the country. But having seen how it actually worked out, I am much less concerned. CU has effectively destroyed the Republican party as a governing entity.

The Republican congress can no longer put up consistently conservative, effective politicians anymore (Boehner/Cantor/McCarthy). Republicans are now wholly beholden to ideologically driven lunatics who find everything in the world to be insufficiently conservative. The link to CU here is that the Super PACs have been sniping out all the effective negotiators of the Republican party for being impure and insufficiently conservative because they committed the unforgivable sin of negotiating with Democrats. These CU powered Super PACs have taken scalp after scalp until now the Republican congress depends on Democrats to pass actual governance legislation (see my link above, team Pelosi will put up all the votes for the big deal Wednesday). Compare the effectiveness of a real Republican politician like McConnel or Boehner to one of the Super PAC era whack jobs like Cruz or that Jordan imbecile from the house freedom caucus.

Moreover, the Super PAC managers spend like 4 out of 5 of the dollars they receive on their own salaries. I don't mind that they take money from the vicious and evil minded rich and pocket it for themselves. And the consequences have been the destruction of the Republican party, which I also don't mind.


At the same time, they've elected lunatics into Congress to a point where Congress has become incapable to effective governance. Things like sequestering and government shutdowns are having a very real economic impact, because we elected some zealots like Cruz and etc.

Looking at the Republican primary, I've realized how stupid the average American voter is. Maybe income inequality is a good thing - got to keep those silly idiots in their impoverished place, while they vote in candidates that give the laughing billionaires above additional tax breaks.
Team Slayers, Axiom-Acer and Vile forever
always_winter
Profile Joined February 2015
United States195 Posts
October 27 2015 21:43 GMT
#48784
Speaking as a liberal, you're not concerned with Citizens United and John Boehner is an effective politician? Does. Not. Compute.

The Republican race is quite literally a sprint to the right to see which puppet can have the privilege of being fondled by the old wrinkly hands of the Koch brothers. Citizens United is one of the most abhorrent abridgements of popular sovereignty in American history.

John Boehner personally orchestrated the government shutdown, opposed every piece of Democratic legislation brought before Congress, and only after his departure did Senate Republicans take steps to avert the shutdown.

I don't know what kind of leaves you've been smoking off the trees you're hugging, but they don't seem very liberal to me nor do they seem rooted in reality.
cLutZ
Profile Joined November 2010
United States19574 Posts
October 27 2015 21:43 GMT
#48785
On October 28 2015 05:52 farvacola wrote:
It's really not that unrealistic. Many things need to fall into place first, but the Supreme Court justices that Sanders appoints will be anti-Citizens United, there'll be injury in fact guaranteed given the repetitive nature of elections and the sheer volume of money spent via CU's holding and authorization, and you better believe that a host of very capable lawyers will be looking to bring such a case before the Supreme Court. It would only be a matter of time. But no, Sanders himself cannot overturn CU, he can merely put the people who can into power.


He also needs to appoint justices that are capable of distinguishing The New York times from an advertisement placed in the NYT and from a startup blog and a lone pamphleteer. Or Fox News from an ad run on Fox News from a movie the is OnDemand.

Remember that Citizens United is a group that was prosecuted/had an injunction imposed against them by the FEC because they tried to run a documentary about Hillary Clinton in theaters and OnDemand during the Democratic primaries. How this is distinguishable from an Op-Ed in the NYT or a favorable/unfavorable interview on CBS (or an SNL appearance) without engaging in viewpoint discrimination is something you need to be able to articulate from first principals. And I have actually never seen that done, particularly in the Citizens United dissents.
Freeeeeeedom
CannonsNCarriers
Profile Joined April 2010
United States638 Posts
October 27 2015 21:57 GMT
#48786
On October 28 2015 06:43 always_winter wrote:
Speaking as a liberal, you're not concerned with Citizens United and John Boehner is an effective politician? Does. Not. Compute.

The Republican race is quite literally a sprint to the right to see which puppet can have the privilege of being fondled by the old wrinkly hands of the Koch brothers. Citizens United is one of the most abhorrent abridgements of popular sovereignty in American history.

John Boehner personally orchestrated the government shutdown, opposed every piece of Democratic legislation brought before Congress, and only after his departure did Senate Republicans take steps to avert the shutdown.

I don't know what kind of leaves you've been smoking off the trees you're hugging, but they don't seem very liberal to me nor do they seem rooted in reality.


Well, that is my point. Boehner is getting the toss. Boehner was effective, terrible, and he did real damage. As a Liberal (or "Team Democrat" if you prefer), I don't mind his destruction. CU has forced him and his chosen successors out, and will soon cripple McConnell. In return, Boehner has decided that the house freedom caucus is so vile and dangerous that he has to take a huge deal with the Democrats. CU hasn't helped conservatism here, it has instead hamstrung its best champions.

Even further, the Super PACs provide illusions of grandeur and cripple establishment politicians. See Walker and Perry's collapsed campaigns whilst their Super PACs were richly funded. They thought they had real campaigns, but burnt out terribly when they couldn't use the PAC money.
Dun tuch my cheezbrgr
zlefin
Profile Blog Joined October 2012
United States7689 Posts
October 27 2015 22:02 GMT
#48787
On October 28 2015 06:43 cLutZ wrote:
Show nested quote +
On October 28 2015 05:52 farvacola wrote:
It's really not that unrealistic. Many things need to fall into place first, but the Supreme Court justices that Sanders appoints will be anti-Citizens United, there'll be injury in fact guaranteed given the repetitive nature of elections and the sheer volume of money spent via CU's holding and authorization, and you better believe that a host of very capable lawyers will be looking to bring such a case before the Supreme Court. It would only be a matter of time. But no, Sanders himself cannot overturn CU, he can merely put the people who can into power.


He also needs to appoint justices that are capable of distinguishing The New York times from an advertisement placed in the NYT and from a startup blog and a lone pamphleteer. Or Fox News from an ad run on Fox News from a movie the is OnDemand.

Remember that Citizens United is a group that was prosecuted/had an injunction imposed against them by the FEC because they tried to run a documentary about Hillary Clinton in theaters and OnDemand during the Democratic primaries. How this is distinguishable from an Op-Ed in the NYT or a favorable/unfavorable interview on CBS (or an SNL appearance) without engaging in viewpoint discrimination is something you need to be able to articulate from first principals. And I have actually never seen that done, particularly in the Citizens United dissents.

I'm not quite clear on where you're coming from on this.
Could you clarify your point/stance?
Great read: http://shorensteincenter.org/news-coverage-2016-general-election/ great book on democracy: http://press.princeton.edu/titles/10671.html zlefin is grumpier due to long term illness. Ignoring some users.
Danglars
Profile Blog Joined August 2010
United States12133 Posts
October 27 2015 22:10 GMT
#48788
On October 28 2015 00:22 {CC}StealthBlue wrote:
Show nested quote +
WASHINGTON (AP) — Congressional leaders are throwing their collective weight behind a hard-won, two-year bipartisan budget plan aimed at heading off a looming government debt crisis and forestalling a government shutdown in December.

The pact, which would take these volatile issues off the table until after the 2016 presidential election, emerged in behind-the-scenes negotiations late Monday on Capitol Hill. It-would give both the Pentagon and domestic agencies $80 billion in debt relief in exchange for cuts elsewhere in the budget.

The deal represents one last accommodation between President Barack Obama and departing House Speaker John Boehner, but whether it succeeds depends in great measure on the reception it gets from restive House Republicans, including the arch-conservatives who forced the Ohio Republican out.


"This is again just the umpteenth time that you have this big, huge deal that'll last for two years and we were told nothing about it and in fact even today, were not given the details," said Rep. John Fleming, R-La. "And were probably going to have to vote on it in less than 48 hours." A vote could come as early as Wednesday in the House.

The measure was to be discussed further at a GOP meeting Tuesday morning. Boehner hoped to get it passed before Rep. Paul Ryan's election as his successor, expected Thursday

Boehner had promised to clear away as much business as possible before handing his speaker's gavel to Ryan, R-Wis. The newly-assembled budget plan would restore order to Washington and remove the threat of budget and debt chaos — a premier goal of congressional Republicans like Senate Majority Leader Mitch McConnell of Kentucky, a key architect of the pact.

Capitol Hill Democrats are likely to solidly support the agreement, although it gives greater budget relief to the Pentagon than it does domestic programs.

The legislation would suspend the current $18.1 trillion debt limit through March 2017. The budget portion would increase the current "caps" on total agency spending by $50 billion in 2016 and $30 billion in 2017, offset by savings elsewhere in the budget. And it would permit about $16 billion to be added on top of that in 2016, classified as war funding, with a comparable boost in 2017.

It also would clean up expected problems in Social Security and Medicare by fixing a shortfall looming next year in Social Security payments to the disabled, as well as a large increase in Medicare premiums and deductibles for doctors' visits and other outpatient care.


Source

Ram it through! 48 hours is fine if you include words like "hard-won" and "behind the scenes negotiations." It's hard to find anything Obama compromised on (Boehner negotiation tactics) and see what savings are elsewhere, but it's not like anybody not politically connected has had time to read it. Truly the bedrock of a functioning republic.
Great armies come from happy zealots, and happy zealots come from California!
TL+ Member
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
October 27 2015 22:26 GMT
#48789
Can I just say Bernie Sanders rocked on the Charlie Rose show.
"Smokey, this is not 'Nam, this is bowling. There are rules."
notesfromunderground
Profile Blog Joined September 2015
188 Posts
October 27 2015 22:27 GMT
#48790
I just finished watching it. Bernie is great, Charlie is sort of a moron but I appreciate that he at least aspires to intellectual seriousness.
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
October 27 2015 22:41 GMT
#48791
In a speech to a meeting of police chiefs, President Obama defended the job of police departments across the country, called for tougher gun laws and said the United States criminal justice system needs reform.

"Too often, law enforcement gets scapegoated for the broader failures of our society and criminal justice system," Obama said at a meeting of the International Association of Chiefs of Police in Chicago. "I know that you do your jobs with distinction no matter the challenges you face. That's part of wearing the badge. But we can't expect you to contain and control problems that the rest of us aren't willing to face or do anything about – problems ranging from substandard education to a shortage of jobs and opportunity, from an absence of drug treatment programs to laws that result in it being easier in too many neighborhoods for a young person to purchase a gun than a book."

Obama spoke just as the White House sought to distance itself from comments made by FBI Director James Comey. As we reported, Comey linked the recent rise in violent crime in some cities to less aggressive policing that he said may be due to the increased scrutiny officers have faced after a rash of high-profile police killings of black men.

According to the Associated Press, White House Deputy Press Secretary Eric Schultz told reporters traveling with Obama that it is not clear that crime has spiked nationwide.

"The available body of evidence does not support the notion that law enforcement officers around the country are shying away from doing their job," Schultz said.

In his speech, Obama said that he rejected a narrative that frames the relationship between officers and the communities they police as "us" and "them."

American police forces, he said, have made communities safer, and that's something every American should take pride in.


Source
"Smokey, this is not 'Nam, this is bowling. There are rules."
cLutZ
Profile Joined November 2010
United States19574 Posts
October 27 2015 22:47 GMT
#48792
On October 28 2015 07:02 zlefin wrote:
Show nested quote +
On October 28 2015 06:43 cLutZ wrote:
On October 28 2015 05:52 farvacola wrote:
It's really not that unrealistic. Many things need to fall into place first, but the Supreme Court justices that Sanders appoints will be anti-Citizens United, there'll be injury in fact guaranteed given the repetitive nature of elections and the sheer volume of money spent via CU's holding and authorization, and you better believe that a host of very capable lawyers will be looking to bring such a case before the Supreme Court. It would only be a matter of time. But no, Sanders himself cannot overturn CU, he can merely put the people who can into power.


He also needs to appoint justices that are capable of distinguishing The New York times from an advertisement placed in the NYT and from a startup blog and a lone pamphleteer. Or Fox News from an ad run on Fox News from a movie the is OnDemand.

Remember that Citizens United is a group that was prosecuted/had an injunction imposed against them by the FEC because they tried to run a documentary about Hillary Clinton in theaters and OnDemand during the Democratic primaries. How this is distinguishable from an Op-Ed in the NYT or a favorable/unfavorable interview on CBS (or an SNL appearance) without engaging in viewpoint discrimination is something you need to be able to articulate from first principals. And I have actually never seen that done, particularly in the Citizens United dissents.

I'm not quite clear on where you're coming from on this.
Could you clarify your point/stance?


# 1. Citizens United is a group that was prosecuted by the FEC because they tried to run a documentary about Hillary Clinton in theaters and OnDemand during the Democratic primaries. In other words, if they lost the case, there is no principled reason for any party to be able to release or run a documentary on a candidate during election season. What is a documentary? Should 60 minutes be banned from running a piece on Hillary? Whats the difference?

# 2. Almost all of our press consists of corporations. They expend resources to distribute information. PACs and SuperPACs expend resources to distribute information. An Op-Ed or Positive article on, for instance, Hillary Clinton, run in the NYTs is just as valuable, or more valuable than an advertisement run in the pages, or on the NYT website run by a pro-Clinton SuperPAC. Media coverage, under a principled system, should be treated as an in-kind contribution to a candidate. Do you disagree?

# 3. If you somehow want to distinguish "press" by what standard? Who constitutes the press? Who decides? What enforcement mechanism?
Freeeeeeedom
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
October 27 2015 22:53 GMT
#48793
WASHINGTON -- Although outgoing House Speaker John Boehner may be reluctant to acknowledge it, the latest budget deal between Congress and the White House includes a provision that will require wealthy Americans to turn over more money to the IRS.

Boehner claimed Tuesday that the deal doesn't increase taxes. Whether that's an accurate statement depends on how one defines the term "tax increase." The federal government has three basic ways it can increase its tax revenues: raise tax rates, eliminate loopholes and deductions, or ramp up IRS enforcement of existing tax laws. The latest budget deal took what's behind Door No. 3.

The proposed deal is expected to generate $11 billion in new federal revenue from what both sides are calling "tax compliance" measures, including $9 billion from new auditing standards for hedge funds, law firms and other business partnerships. In plain English, that means the IRS is going to be getting more money by improving its tax collection policies for rich people.

It's an open secret in Washington that a lot of wealthy people don't pay all of the taxes they owe. But figuring out who is taking advantage of perfectly legal tax deductions and who is illegally dodging payments can be a difficult and costly endeavor. It's particularly hard when people have their money tied up in a large business partnership, because the existing rules for auditing partnerships are old and designed for relatively simple businesses.

Under existing law, if the IRS thinks a firm has been skimping on its payments, it can't just look at a single tax filing for the business and calculate what it owes; it has to audit the individual tax returns of every single partner involved in the business. That's not a big deal for a local bakery or flower shop with two or three partners. But many far more complex operations -- hedge funds, law firms and other things that pay rich people lots of money -- can have hundreds or even thousands of partners, making it extremely difficult for the IRS to show that money is being held up.

A 2014 GAO report found that, as of 2011, there were more than 10,000 businesses with at least 100 partners, and more than 500 businesses with at least 100,000 partners. And the large partnership structure is particularly appealing for many firms precisely because it is harder to track tax chicanery than if the company were simply organized as a corporation, which can be audited at the corporate level. The number of large partnerships more than tripled from 2002 to 2011.

The change included in the budget would eliminate those more complicated auditing rules for partnerships and allow the IRS to audit them once, at the partnership level, without fussing with hundreds or thousands of other tax returns.


Source
"Smokey, this is not 'Nam, this is bowling. There are rules."
notesfromunderground
Profile Blog Joined September 2015
188 Posts
Last Edited: 2015-10-27 22:56:37
October 27 2015 22:53 GMT
#48794
He's got a point. It's very difficult to keep people from spending money. People find sneaky ways to move money around and pay one another. That's why we should focus less on some idea that we can regulate away the symptoms of the problem and focus on the problem itself - let's redistribute the wealth and start publicly funding elections, and then we don't have to worry about elections being corrupted by the super-rich

Or we can just use social media to organize ourselves politically and then we don't even need the money, because social media is pretty much free. I think that's what we're doing right now

(Also - do you think the NYT is conspiring with Hillary Clinton? Or is it just a case of tacit collusion and shared interests? I want to hear from all of you on your views regarding 'conspiracy as such' on my blog: http://www.teamliquid.net/blogs/497442-conspiracies#1)
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
Last Edited: 2015-10-27 23:01:19
October 27 2015 23:00 GMT
#48795
Say you bought health insurance through the federal health exchange, paid the premiums and followed the rules.

And then say you start having pain in your hands. Your doctor refers you to a rheumatologist to test for arthritis.

But when you search for the specialist, there isn't one there.

That happens more often than you'd think. In fact, as many as 14 percent of health plans sold on the federal government's insurance exchange are missing doctors in at least one common specialty from their networks, according to a study published Tuesday in JAMA, the journal of the American Medical Association, by researchers at Harvard's T.H. Chan School of Public Health.

The means patients may find themselves facing big medical bills for care they thought they had bought insurance to cover.

The researchers reviewed 135 health plans in the 34 states that sell health insurance through the federal marketplace and found that 19 of them lacked in-network specialists in some areas. The most common missing specialties were psychiatry, rheumatology and endocrinology.

"If somebody needed to access a psychiatrist or a rheumatologist, or they had a thyroid disorder and needed an endocrinologist, they would not be able to find an in-network specialist to care for them," says Stephen Dorner, a medical student who was an author of the study while he earned his master's degree at Harvard.

Dorner and his colleagues searched for specialists within 50 miles and 100 miles of the most populous city where each plan was offered. Some plans lacked specialists such as dermatologists and oncologists in the narrow radius but included them farther away.

The Affordable Care Act requires that health insurance plans have enough doctors in their networks to ensure that their customers can get the health care they need.


Source
"Smokey, this is not 'Nam, this is bowling. There are rules."
cLutZ
Profile Joined November 2010
United States19574 Posts
October 27 2015 23:17 GMT
#48796
On October 28 2015 07:53 notesfromunderground wrote:
He's got a point. It's very difficult to keep people from spending money. People find sneaky ways to move money around and pay one another. That's why we should focus less on some idea that we can regulate away the symptoms of the problem and focus on the problem itself - let's redistribute the wealth and start publicly funding elections, and then we don't have to worry about elections being corrupted by the super-rich

Or we can just use social media to organize ourselves politically and then we don't even need the money, because social media is pretty much free. I think that's what we're doing right now

(Also - do you think the NYT is conspiring with Hillary Clinton? Or is it just a case of tacit collusion and shared interests? I want to hear from all of you on your views regarding 'conspiracy as such' on my blog: http://www.teamliquid.net/blogs/497442-conspiracies#1)


That was just an example. I could just as easily said Trump and CNN (did you see how much extra talking time he got in the debate!!111). I honestly have no ideas about your blog, its too vague, and I'm burned out.
Freeeeeeedom
TheTenthDoc
Profile Blog Joined February 2011
United States9561 Posts
Last Edited: 2015-10-27 23:24:53
October 27 2015 23:22 GMT
#48797
On October 28 2015 07:53 notesfromunderground wrote:
He's got a point. It's very difficult to keep people from spending money. People find sneaky ways to move money around and pay one another. That's why we should focus less on some idea that we can regulate away the symptoms of the problem and focus on the problem itself - let's redistribute the wealth and start publicly funding elections, and then we don't have to worry about elections being corrupted by the super-rich

Or we can just use social media to organize ourselves politically and then we don't even need the money, because social media is pretty much free. I think that's what we're doing right now

(Also - do you think the NYT is conspiring with Hillary Clinton? Or is it just a case of tacit collusion and shared interests? I want to hear from all of you on your views regarding 'conspiracy as such' on my blog: http://www.teamliquid.net/blogs/497442-conspiracies#1)


If you use public funding personal funding of campaigns needs to go too. SCOTUS will probably need to lose three members before that happens though (and/or a constitutional amendment). If an amendment does happen that kills CU through some absurd process that would likely require the use of mind-altering chemicals on states, it needs to account for that as well.

I don't think 2/3 of states in a country that believes rich people deserve longer lives than poor people will ever decide that rich people don't deserve an advantage of poor people in political campaigns though. If money can buy life it's not too scandalous to let it buy political power.
notesfromunderground
Profile Blog Joined September 2015
188 Posts
Last Edited: 2015-10-27 23:31:11
October 27 2015 23:27 GMT
#48798
Here's the point. You are quite right that it's going to be tricky to distinguish between the different things that count as 'political speech' in order to enforce the overturning of CU. (It's a similar problem to the regulation of financial activity - there's simply no rigorous way to distinguish between financial speculation and a legitimate hedge; it can't be done).

Do we get a judge to decide whether or not, when the NYT acts as Clinton's lapdog, they are engaging in political speech or simply doing journalism? What's the difference? Partly, it hinges on the question of collusion, or the existence of 'backroom deals.' Under the present way of doing things, the PACs are allowed to raise unlimited funds so long as they 'don't coordinate with the campaigns.' Of course, everyone knows that actually, they do this. Do they do this by having secret meetings that they deny, or simply by winking at each other and colluding tacitly? When does something cross the line and become "a conspiracy"? Does it matter?

The point of the blog is that I'm interested in the way that people invoke the idea of "conspiracy" in political discourse. If I make a claim (Say, that the US equities market is essentially a ponzi scheme), and then somebody says that it's a "conspiracy theory" - what tacit assumptions underly this claim? Are we assuming as a dogma that, in fact, there are no conspiracies? Is the idea that powerful elites (who all know each other, go to each others parties, send their kids to the same schools, eat at the same restaurants) would cooperate in order to promote their shared interests really that absurd? Is it absurd that the ownership of the NYT and Clinton would be working together in order to promote their shared class interests? At what point would this become a "conspiracy"? Secret tapes of the editorial board meeting with campaign advisors and planning their misinformation?

So it's directly connected to this question of campaign finance, as I hope you can see.
notesfromunderground
Profile Blog Joined September 2015
188 Posts
October 27 2015 23:38 GMT
#48799
I think the lesson to be drawn here is that it is impossible to outlaw Power. You cannot pass a law which prohibits those with Power from exercising it. What you have to do instead is get some of your own Power and use it to contest that of your enemy.

So ultimately, the idea of "repealing citizen's united" as a panacea for representative democracy in the new gilded age of mass media is a red herring. In the same way that "regulating wall st" is a naive fantasy. I hope what I'm saying makes sense to some readers.
CannonsNCarriers
Profile Joined April 2010
United States638 Posts
Last Edited: 2015-10-28 00:22:27
October 28 2015 00:21 GMT
#48800
On October 28 2015 08:38 notesfromunderground wrote:
I think the lesson to be drawn here is that it is impossible to outlaw Power. You cannot pass a law which prohibits those with Power from exercising it. What you have to do instead is get some of your own Power and use it to contest that of your enemy.

So ultimately, the idea of "repealing citizen's united" as a panacea for representative democracy in the new gilded age of mass media is a red herring. In the same way that "regulating wall st" is a naive fantasy. I hope what I'm saying makes sense to some readers.


I agree with your point on CU. I think it is consistent with what I put up in my posts above. Money in politics will always find a way, but that might not be that bad. Democratic donors seem to get their money's worth whilst Republican donors are wrecking the Republican party.

On Wall Street I also agree that regulators will never be able to keep Financiers in check. Regulators will always be using laws written after the last crash, whilst the new crash is always going to be some new innovative financial product.

But what would you think about a stiff transaction tax and/or a stiff tax on financial institutions of a certain size? Like it or not, the FEDGOV will always choose to bail out a large enough financial institution on the brink of failure. Think about it this way, what is worse: (1) Wall Street guys get an unfair bailout or (2) Main Street guys lose their jobs as markets fail on Wall Street. Politicians will always (justifiably) pick (1) as main street guys losing their jobs is more unfair than Wall Street guys getting bailed out. Transaction taxes and progressive revenue taxes would weaken the financial superpowers and serve as a pseudo-insurance payment for the reality that politicians will always pick (1).
Dun tuch my cheezbrgr
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