When Fiscal Conservatism Is Also Fiscal Handoutism
Dough is for donate! Nicholas Confessore and Michael Luo write in The New York Times about generous Rick Perry donors who get generous state aid for their businesses and projects:
Two years ago, John McHale, an entrepreneur from Austin, Tex., who has given millions of dollars to Democratic candidates and causes, did something very unusual for him: he wrote a $50,000 check to a Republican candidate, Rick Perry, then seeking a third full term as governor of Texas. In September 2010, he did it again, catapulting himself into the top ranks of Mr. Perry's donors.Mr. McHale, a Perry spokesman said after the initial donation, "understands Governor Perry's leadership has made Texas a good place to do business."
Including, it turned out, for Mr. McHale's business interests and partners. In May 2010 an economic development fund administered by the governor's office handed $3 million to G-Con, a pharmaceutical start-up that Mr. McHale helped get off the ground. At least two other executives with connections to the firm had also given Mr. Perry tens of thousands of dollars.
Mr. Perry leapt into the Republican presidential primary this month preceded by his reputation as a thoroughbred fund-raiser. But a review of Mr. Perry's years in office reveals that one of his most potent fund-raising tools is the very government he heads.
'Pay-to-play culture'
Over three terms in office, Mr. Perry's administration has doled out grants, tax breaks, contracts and appointments to hundreds of his most generous supporters and their businesses. And they have helped Mr. Perry raise more money than any politician in Texas history, donations that have periodically raised eyebrows but, thanks to loose campaign finance laws and a business-friendly political culture dominated in recent years by Republicans, have only fueled Mr. Perry's ascent."Texas politics does have this amazing pay-to-play culture," said Harold Cook, a Democratic political consultant.
Here's Cody Willard on Marketwatch on "Rick Perry loves big government and other true political stories."







I'm not a fan of Perry chiefly because of Cameron Todd Wilingham, but for consideration I would like to offer this in the business persons defense.
http://mises.org/daily/1884
Abersouth at August 22, 2011 10:43 PM
So?
Who should he give the money to - his enemies?
Democracy minimizes this crap, and makes it transparent - it doesn't eliminate it.
Perry is a Federalist - which means he wants most such decisions to happen at the state level - opening them to closer scrutiny.
Unlike the Dems, we've never claimed messiah status for our politicians.
Ben David at August 22, 2011 10:52 PM
It's still amazing. This sort of thing is why the Governor of Texas cannot stop an execution. Jim & Miriam Ferguson were apparently selling clemency from the Governor's office.
Radwaste at August 23, 2011 2:06 AM
I am shocked...shocked to learn that Perry has been doing the same thing that all American politicians have been doing since 1776.
Nick at August 23, 2011 4:32 AM
There has to be a reason someone will spend millions of dollars to run for an office that pays 250,000 yr.
nuzltr2 at August 23, 2011 6:21 AM
Amy Alkon
http://www.advicegoddess.com/archives/2011/08/23/when_fiscal_con.html#comment-2435617">comment from nuzltr2The dividends go far beyond salary.
Amy Alkon
at August 23, 2011 6:32 AM
If I weren't at work and had more time, I could prep you a paper (with footnotes and references) covering DOZENs of things about Perry that would piss you off. I'd still rather have him as president than Obama, though.
ahw at August 23, 2011 7:35 AM
Amy Alkon
http://www.advicegoddess.com/archives/2011/08/23/when_fiscal_con.html#comment-2435700">comment from ahwI'd rather have my stay-at-home mom/former architect neighbor as president.
Amy Alkon
at August 23, 2011 7:41 AM
Well, there's always the write-in option...
ahw at August 23, 2011 7:50 AM
It's not just pay-to-play, sometimes it's extortion:
http://www.followthemoney.org/press/ReportView.phtml?r=405&ext=1
(The Perry-appointed head of the Texas Alcoholic Beverage Commission was soliciting money for the governor's campaign from bars and restaurants.)
ahw at August 23, 2011 8:04 AM
There has to be a reason someone will spend millions of dollars to run for an office that pays 250,000 yr.
And you're wrong. To understand most politicians and many of the rich, you have to understand that money itself means little to them beyond it buying access and power. This is a big reason politicians are so tone deaf to arguments about campaign contributions--they simply don't see it as greed and for them it really isn't; it's simply a means to get power. Another example are junkets--it's not the perk that these people enjoy, it's that they are hobnobbing with the other rich and powerful people.
(I should add that I'd rather have direct, blatant payoffs to donors than insidious backdoor things like agricultural subsidies to pay of ADM or passing laws changing how union votes are held. Moreover, I'd also prefer that quid-pro-quos stick--GE got favors and paid us back by moving a chunk of their x-ray business to China. As they say, if you are bought, stay bought and that goes both ways.)
Joe at August 23, 2011 8:39 AM
I'd still vote for Perry. He has his problems, but I'd happily vote for him over Obama, and him over Mitt Romney. He is electable.
Palin has her problems too, but I'd rather her than Perry because at least she's worked her way up from the bottom, owned her own business, knows the value of a dollar and sent people to jail in her State who were pretty brazen about their dealings with dirty political money (both Republicans and Democrats). But it probably won't happen because she has been tarnished, in some cases necessarily.
You can't always get what you wannnnt.....
Feebie at August 23, 2011 8:52 AM
Rick Perry is a bilious knave, the vile excretum from a newly unblocked southern portal of Texas, now plopped down on the national stage for our coast-to-coast revulsion.
Besides advocating the execution of Federal Reserve Board Chairman Ben Bernanke, Perry set up $675 million in Texas state "funds" that give taxpayer money to selected businesses. He has also tampered with funds inside the Texas States Teachers' pension system.
So far, Rick Perry looks like George Bush jr., minus the IQ or common decency.
BOTU at August 23, 2011 8:59 AM
Perry is corrupt, most pols are. BUT, he is swayable. He'll pass what his voters tell him too because he wants to keep his power. I'd take him over Obama any day. Or Palin, Or Bachmann. Or Paul. I rather wish we could have a governing council instead of a Pres. My dream team only, of course.
And Perry has never lost an election. The man can campaign like nobody's business. That's a big plus after McCain's incompetence.
momof4 at August 23, 2011 9:13 AM
The British tried that. It didn't work out.
Parliament turned out to be as rapacious and incompetent a ruler as any king ever was.
Britain ended up with a dictator (although Cromwell called himself the "Protector") and eventually the country brought back the monarchy.
==============================
Seriously? Again with the bodily fluids and anal obsession.
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...but if you try sometimes....
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Name the CEO of a Fortune 500 corporation in 1940. Name the president in 1940.
All incompetence aside, "Barry" will go down in history and all the schoolchildren will learn about him. Hugh McColl will be forgotten by all but the BofA historians in another 10 years.
And that power thing Joe mentioned.
Conan the Grammarian at August 23, 2011 9:41 AM
Don't get lost in the "how do you get businesses to re-locate to your state" arguments... while they are true to a certain extent... how much does it vary from state to state? Is that the way most states do business? How much has Perry himself influenced them, or is there some kind of sub-group under him that looks at who to give money to? These are all valid questions...
what is unfortunate in my mind is that we are way early into this thing, and already I kinda feel like we 're at that: "this person sucks less than the current person" blah, blah, blah.
I'm looking for a person I can vote FOR, rather than voting against someone, though I would certainly vote against lil' o... I don't think we need a guy like Herbert Hoover again...
SwissArmyD at August 23, 2011 10:06 AM
I don't know ... the vote against is looking pretty good.
From the LA Times:
http://latimesblogs.latimes.com/washington/2011/08/obama-national-debt.html
"That means the debt that our federal government owes a whole lot of somebodies including China has increased $4,247,000,000,000 in just 945 days. That's the fastest increase under any president ever."
and
"The nation's debt increased $4.9 trillion under President Bush too, btw. But it took him 2,648 days to do it. Obama will surpass that sum during this term."
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While not the greatest president we ever had, Hoover is unfaily maligned by revisionist historians seeking to put FDR in the best light.
In fact, FDR led the Hoover bashing in order to better sell his New Deal ("look at the mess I inherited") and implement sweeping social programs. Sound familiar.
Prior to succeeding him as president, FDR was one of Hoover's admirers, full of praise for the man who fed the starving poor of Europe and managed US agricultural output during World War I.
I'm actually in the middle of reading a biography of Hoover. I haven't reached his presidency yet (I just reached his appointment as Secretary of Commerce under Harding).
Conan the Grammarian at August 23, 2011 12:20 PM
"I'm looking for a person I can vote FOR, rather than voting against someone...."
Suicidal and Quixotic.
Feebie at August 23, 2011 12:48 PM
Chicago politics are nothing like Texas politics.
MarkD at August 23, 2011 12:49 PM
I'm not surprised by this news. There are a lot of ways this game is played.
Re: "I'd still vote for Perry. He has his problems, but I'd happily vote for him over Obama, and him over Mitt Romney. He is electable."
Last week, Perry expressed doubts about the human influence on global warming, and touted the fact that Texas allowed its schools to present creationism alongside evolution in its schools. In doing so, Perry put himself at the front of the pack of Republican politicians who've shown themselves to be poorly acquainted with the laws of nature. But that's also true about a sizeable segment of Republicans these days. They - and Perry - and Bachmann - believe things which aren't true and don't believe things which are. Neither is qualified to be the next president.
"Palin has her problems too, but I'd rather her than Perry" Now there's someone even less qualified than Perry to be Prez.
Iconoclast at August 23, 2011 6:18 PM
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