(1) Grover Norquist calls out George Soros for going shopping in a market he didn't adequately research:
The one thing that surprised Norquist about Soros's appearance ... was the revelation that Soros had spent only twenty-seven million dollars during last year's election."That is so goofy," Norquist said."The guy is worth, what, seven billion dollars, and he tried to buy the Presidency on the cheap. He should have been in for two and a half billion dollars, for crying out loud. Twenty-seven million dollars -- that should have been ante money. What were they thinking?"
(From John Cassidy,"The Ringleader," The New Yorker August 1, 2005, 42-53, p. 50.)
Do historians pay enough attention to how much money comes from whom in Presidential elections?
(2) On an unrelated point in the same article, I'm pretty sure Tony Perkins would have prayed that every"lying tongue," not every"lion tongue," be cast down. (p. 49) But I await correction from Biblical cognoscenti among the readership.
comments powered by Disqus
Glen Raphael - 8/26/2005
Assuming continued economic growth and inflation, Eventually just about everybody in the future will be worth that much. The hard part for future historians will be figuring out how people lived on less than that.
Relative to the size of the economy or what government spends, Soros is barely getting by. Titans of industry a century ago were a lot richer than he.
Glen Raphael - 8/26/2005
Steve Levitt (author of Freakonomics) claims the corellation between campaign spending and winning mostly goes the other way around: good candidates who are likely to win /anyway/ find it easy to raise lots of money, but no amount of spending can save a bad candidate.
The relevant journal article is "Using Repeat Challengers to Estimate the Effect of Campaign Spending on Election Outcomes in the U.S. House." [Journal of Political Economy, 1994, 102(4), pp. 777-98]. pdf is here.
Eric Rauchway - 8/16/2005
Ah, but the estate tax wouldn't prevent Soros accruing wealth, just passing it on after passing on.
And anyway, I'm not sure I buy that it's inherently corrupt for one man to get that rich. That he should then buy disproportionate political influence, available only to the very rich, maybe; but is that more corrupt than, say, a hundred people pooling resources to buy disproportionate political influence?
Rick Shenkman - 8/15/2005
Reading your post I couldn't help but think that future historians are not going to know what to make of a society with such corrupted values that one man was said to be worth seven or more billion dollars.
And the Republicans want to junk the Estate Tax?
Are they kidding?
- Rubio Surges Into Second In New Hampshire
- Branstad Says Cruz Ran ‘Unethical’ Campaign
- Christie Highlights Santorum’s Endorsement of Rubio
- Portman Comes Out Against Trade Deal
- Megyn Kelly Gets a Book Deal
- A Big List of the Bad Things Clinton Has Done
- An Unambiguous Sign Sanders Won Last Night’s Debate
- Still Friends at the End
- Quote of the Day
- Trump Still Leads as Clinton Slips
- Clinton Can’t Shake Image as Wall Street’s Friend
- Maddow Doesn’t See Sanders Winning
- Why Does the Media Still Shield Chelsea Clinton?
- Bush Jokes His Mother May Have Abused Him
- Rubio Closes the Gap in New Hampshire
- Tourism spot for Colonial Williamsburg shocks some New Yorkers during Super Bowl 50 for use of 9/11 attack footage
- We asked 6 political scientists if Bernie Sanders would have a shot in a general election
- The price of oil has plummeted and with it Russia’s finances
- Legal scholars at Harvard debate Cruz’s eligibility to serve as president
- Has one of Sally Hemings’s siblings been neglected by history unfairly?
- Retired historian George Dennison remains on the payroll at the U. of Montana while faculty are cut
- The Atlantic profiles exciting ways to teach history
- LDS Church has gone from 0 to 4 historians specializing in women’s history
- American Historical Association protests Turkey’s crackdown on historians and other academics who signed a a petition critical of the Turkish government
- Israeli historian Yair Auron lays out details of a massacre in 1948