This book helps identify and explain how the new federal campaign finance rules changed the way campaigns were run and paid for in 2012, along with shifting the balance of power from political parties to third-party interest groups.
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NATIONAL BESTSELLER ONE OF THE NEW YORK TIMES 10 BEST BOOKS OF THE YEAR Who are the immensely wealthy right-wing ideologues shaping the fate of America today? From the bestselling author of The Dark Side, an electrifying work of investigative journalism that uncovers the agenda of this powerful group. In her new preface, Jane Mayer discusses the results of the most recent election and Donald Trump's victory, and how, despite much discussion to the contrary, this was a huge victory for the billionaires who have been pouring money in the American political system. Why is America living in an age of profound and widening economic inequality? Why have even modest attempts to address climate change been defeated again and again? Why do hedge-fund billionaires pay a far lower tax rate than middle-class workers? In a riveting and indelible feat of reporting, Jane Mayer illuminates the history of an elite cadre of plutocrats—headed by the Kochs, the Scaifes, the Olins, and the Bradleys—who have bankrolled a systematic plan to fundamentally alter the American political system. Mayer traces a byzantine trail of billions of dollars spent by the network, revealing a staggering conglomeration of think tanks, academic institutions, media groups, courthouses, and government allies that have fallen under their sphere of influence. Drawing from hundreds of exclusive interviews, as well as extensive scrutiny of public records, private papers, and court proceedings, Mayer provides vivid portraits of the secretive figures behind the new American oligarchy and a searing look at the carefully concealed agendas steering the nation. Dark Money is an essential book for anyone who cares about the future of American democracy. National Book Critics Circle Award Finalist LA Times Book Prize Finalist PEN/Jean Stein Book Award Finalist Shortlisted for the Lukas Prize
What if you discovered foreigners were donating to the campaigns of American politicians? Jacob Stearne wants to find a wife, start a family, and settle down. He’s doing his best to impress his date when a stranger is murdered in his driveway. He tries to follow a clue the dying man left but the cops collar him as the murder suspect. He must track the real assassins before the detectives lock him up with the criminally insane. All the clues point to someone at the symposium his boss will attend. The intricate plotting in Sabel Security novels creates a world you’ll love to get lost in — Pat Chapman His boss, Pia Sabel, and her father attend the symposium for top corporate executives. They are happily mingling with other CEOs when a lobbyist is found dead. Pia quickly uncovers the real purpose of the gathering: to pump foreign cash into the hands of American politicians. Outraged, she sets out to expose the oligarchs, autocrats and terrorists buying senators. Then her father is kidnapped. Before she realizes the size of the hornet’s nest she kicked over, she’s ducking mercenaries and assassins. Can Jacob and Pia clean up international corruption or will they be the next to die? Pia Sabel reminds me of a young Eve Dallas, or a tragic Daenerys, always driven to succeed — Ingrid Anderson Praise for Seeley James’ Sabel Security series Jacob Stearne is Jack Reacher … without the sanity — Paul Westmoreland The twists in Seeley James stories are better than Steve Berry, Tom Clancy, or John Sandford — David Gormer Jacob and his sidekick god, Mercury are two of the best characters ever created — Secret World Book Club Plenty of edge of the seat suspense, a splash of well-timed humor, and adventures that leave you wanting more — Susan Gainoutdinov You can feel them facing evil, staring it in the face and saying, "Bring it on!" — Ann Graham Get the book today that predicts the headlines of tomorrow.
Dark Money by Jane Mayer | Summary & Analysis Preview: Dark Money by Jane Mayer profiles the wealthy donors who have funded and established organizations to promote libertarian ideals, particularly the brothers Charles and David Koch. They and their two other brothers were raised by parents who promoted free-market capitalism and were suspicious of anything related or sympathetic to Communism. The four Koch brothers inherited portions of their father’s oil business, and later Charles and David conspired to buy out their other brothers’ portions of the company… PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book. Inside this Instaread Summary of Dark Money · Overview of the book · Important People · Key Takeaways · Analysis of Key Takeaways
The last president election was a stunning political upset when Donald Trump, a billionaire businessman won in a political coup, with no experience whatsoever. But along with this outsider, on the night of his victory, longtime conservative operator David Koch was standing, and smiling, amid a throng of revelers on the eve of November 8, 2016. In her electrifying and much-lauded, bestselling book, Jane Mayer reveals that the era of the Koch brothers and big money in American politics is far from over, despite how much discussion there is to the contrary. Rather, the secret figures behind the moneyed American oligarchy continue to wield tremendous influence over the political agendas of the Trump administration, the Republican Party today, the radical Right, and all corridors of power in Washington. A Vintage Shorts Selection. An ebook short.
This dissertation, broadly, focuses on how the ability to make political donations anonymously changed American politics. Culminating the 2010 Citizens United v. FEC decision, the rise of nonprofit corporations as a conduit for campaign money means that a large portion of spending in American elections cannot be connected to any individual donors creating a system akin to the Australian ballot for money in politics. I explore how this change affected three facets of American politics; how donors behave when they can give anonymously, how being able to shield ones donors affects the type of candidates an interest group supports and finally how the legal green-light for nonprofits to spend in elections changed which nonprofit organizations became financially involved with each other. First, I developed a complete accounting of grants made between nonprofit organizations built from over 2 million digitized IRS forms made public in the summer of 2016 as the result of a lawsuit. My dissertation is not only the first project that examines these filings at scale, but also the first time this full network has been mapped. Using a network science algorithm that partitions the full graph into meaningful communities, I develop a theory of what I term dark parties or groups of nonprofits linked financially that make independent expenditures in Congressional elections. Next, I show that while dark money organizations form networks similar to those of traditional political parties, the types of candidates they prefer are vastly different. In a chapter of my dissertation, I show that these organizations prefer candidates farther from the ideological center and are especially active during the primary elections that traditional parties tend to eschew. Using a mixed-methods approach, I show that being able to give anonymously has important consequences not just for interest group behavior, but for donor behavior as well. I examine a list of donors that I uncovered from court filings to a nationally active dark money organization that spent on two ballot initiatives in California during the 2012 election. This list is the only publicly available list of dark money donors in circulation today and the first time such a list is studied by an academic researcher. I show that the donors to this organization, which supported two conservative positions, were much more liberal in their non-anonymous political giving than donors who gave transparently. This finding shows that the ability to obscure ones identity lets a donor behave differently than they would when their donations are subject to public scrutiny. Finally, while ample literature on the effects of disclosure exists, examinations into the motivations of why donors choose anonymity in their political giving remains unstudied. I present two survey experiments that seek to answer this question. First, I present survey results from the 2018 Cooperative Congressional Election Study that show that past giving to candidates from the opposite party that one normally supports correlates with an increased willingness to pay a premium to keep one's political giving secret. Next, turning to another survey experiment, I find that potential voters are more likely to react negatively to an actual argument by opponents of a ballot measure when they know the names of the actual donors to a dark money group that opposed it. Combined, these results indicate both a social pressure rationale for obscuring one's political giving and a strategic goal of distancing an electoral campaign from controversial donors. Taken as a whole, this research answers a broader question related to the balance of power between political parties and interest groups. Political parties perform a myriad of functions crucial to the maintenance of government that our democracy as presently conceived would be unthinkable without them. Despite their ubiquity, however, parties are notoriously hard to define. Parties exist beyond the formal structure of party officers and official state chapters, encompassing a myriad of outside actors who while not bearing the official stamp of the organization are crucial to its mission. The balance of power between these interest groups broadly defined and the formal party organizations are dictated by a myriad of factors--such as legal limitations, resource constraints and differing electoral goals.
In 1940 few Americans had heard of mutual funds. Today U.S. mutual funds are the largest financial industry in the world, with over 88 million shareholders and over $11 trillion in assets. New and updated to reflect the crash of 2008, Matthew Fink's latest book, The Rise of Mutual Funds: An Insider's View, Second Edition describes the developments that have produced mutual funds' long history of success. Among these developments are: * formation of the first mutual funds in the roaring 20s * how the 1929 stock market crash, a disaster for most financial institutions, spurred the growth of mutual funds * establishment in 1934, over FDR's objection, of the United States Securities and Exchange Commission, the federal agency that regulates mutual funds * enactment of the Revenue Act of 1936, the tax law that saved mutual funds from extinction * passage of the Investment Company Act of 1940, the "constitution" of the mutual fund industry * the creation in 1972 of money market funds, which totally changed the mutual fund industry and the entire U.S. financial system *enactment of the Employee Retirement Income Security Act of 1974, which created Individual Retirement Accounts * the accidental development of 401(k) plans, which have revolutionized the way Americans save for retirement * the 2003 trading abuses, the greatest scandal ever in the history of the mutual fund industry Many events have never been discussed in detail; others have been discussed in works on other subjects. This is the first book that pulls together the many strands of mutual funds' unique history, written by an expert who draws on forty years of personal experience in the fund industry.
Looks at the history of Black filmmakers, and shows how the motion picture industry controls and influences Black films