Have you ever looked at older homes, especially the ones built before home loans became widely available? Note how small they were and how few features they had. Then notice a home built a few years later after essentially buying a home on credit became the norm. Notice a huge difference in included features and size? The same goes for cars, computers, and ...publicity machines. You can buy on credit something much nicer than you can get by paying for it with what you have on hand.
Denizens of the Hollywood closet and other celebrities with something to hide have spent some of the millions they have been paid in order to hire publicists, lawyers, and handlers who have been meticulously trained to hide from the public things about a public person the public person doesn't want the public to know. If they could hide Jodie Foster's gay lover and make people believe Britney Spears was a virgin until about the time she released her second album.....they can hide the excessive monetary demands, alcoholism, and compulsive shopping of any Republican candidate's ex-wife, if her story's good enough and she wants to re-fight her divorce in the media. But these guys aren't cheap.
All the setting up of 527s, all the research, all the following candidates around with a video camera waiting for them to say "macaca," is not something people do out of the goodness of their hearts or belief in "the cause." It is so much more than your average political campaign can afford using their own coffers. Either there has been the largest convergence between otherwise hard-nosed businesspeople to throw the resources of their entire businesses towards some seriously anti-business candidates out of some 1960s nostalgia.... or the Democrats have bought their media machine on credit. How far would a promise of White House access go towards paying the publicists' bills?
This whole network, the whole Shadow Party was brought together under the Clintons in order to usher in a Clinton Restoration. The deals with investors and media were struck with the Clintons, not the Obamas. This is why I believe that barring a complete turnaround in the primaries, Hillary Clinton will end up being the nominee. The various elements of the media machine cannot trust Obama to hold to the same promises in 2009 that the Clintons might have given them in 2005, and the credit of the Democrat Party with its media wing could be at stake if Hillary Clinton is not the nominee.
The Achilles heel here is that all of those publicists, lawyers, researchers, and even investors like George Soros are going to want a return on this investment, i.e. access to the highest levels of government, and scoring the ultimate client at 1600 Pennsylvania Avenue.
So what happens if the GOP unites behind their candidate and wins? Those businesspeople would have spent a whole lot of resources for no return. The Democrat Party would finally become a bad credit risk, and would have to pay cash up front in order to do business with the same publicity and research firms in 2010 or 2012 that in 2008 are working on credit and a promise. This puts the fight between Republicans and Democrats on a much more even level, and allows good conservative candidates to stop hiding on the back bench in fear of a billion-dollar smear machine. So let's hold our noses this year and ruin the Democrats' credit, so they will actually have to pay for their good press and opponents' bad press like any other respectable politicians. Can we agree on that?
Tuesday, February 12, 2008
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