The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

On Media, Money and Membership

Posted on | May 18, 2011 | 27 Comments

“Since 2003, Soros has spent more than $48 million funding media properties, including the infrastructure of news — journalism schools, investigative journalism and even industry organizations.”
Dan Gainor, Vice President for Business and Culture, Media Research Center

Did Mitt Romney Mention That He Can Raise $10.25 Million in Eight Hours?
New York magazine

Arrogance, vanity and myopia are not traits particular to Republicans, and one might even suppose that perhaps liberals are more prone to such personality flaws. Nevertheless we are struck by the sharp contrast between how George Soros employs his wealth — to build a media infrastructure for advancing his broad political agenda — and how wealthy Republicans spend their own money: To advance the narrow personal ambition of Mitt Romney.

Why are rich Republicans so clueless? They are shoveling money at a candidate who suffers tepid support among the GOP grassroots and is therefore unlikely to win the nomination. The only purpose served by their contributions would be to pay salaries for Romney campaign staff and fees to Romney’s consultants, and to buy airtime to broadcast Romney’s campaign ads.

So Romney’s wealthy contributors are clueless as per the political landscape for the 2012 presidential campaign. But they are also clueless as to the entire question of how best to spend their money if — as we might reasonably suspect — their general desire is to advance the Republican cause. What Soros does with his money is infinitely smarter than what Republicans do with theirs.

It was my friend Jimmie Bise Jr. who pointed this out in September 2009: During a single three-month span of that year, Republicans contributed $4.3 million to the doomed campaign of Charlie Crist.

How’s that workin’ out for ya?

Jimmie has calculated — and I agree with his calculations — that you could run a pretty spiffy little conservative New Media operation for $500,000 a year if you knew what you were doing. But the problem is connecting (a) people with $500,000 to (b) people who know what they’re doing in terms of online news.

If you grant that Jimmie and I are correct about this estimate, do the math yourself: For the $4 million that the permatanned RINO Charlie Crist collected during that single three-month span of 2009, you could fund eight spiffy little New Media operations for a year (or four such operations for two years). And FEC contribution limits do not apply to people making “investments” in news operations, so that the rich Republicans would not be restricted in their generosity toward New Media, as they are toward political candidates.

Soros has figured this out. Rich Republicans have not.

Furthermore, consider how rich liberals are willing to act as “angels” toward their media pets. I made this point yesterday in regard to Tina Brown, who lost $80 million during two years as editor of Talk, after losing $40 million during a three-year period as editor of The New Yorker, and who has most recently pushed back the goalposts of projected profitability at the Daily Beast to somewhere between (a) three years and (b) when hell freezes over.

Does it not occur to you, my clever readers, that these are not merely business losses, but are in fact a sort of charitable endeavor to support the propagation of fashionable liberalism?

As our friend Da Tech Guy points out, “profit is not the goal of those who invest with Tina Brown”:

She is part of a club, an elite . . . 
[W]hen people invest in Tina Brown, their return is to be part of that “In” crowd. To be invited to the party, to be able to say to people: “Oh yes I was at that event with Tina, we met Bernard Henri-Levy and we had a marvelous time.”
It’s all about being a member, Invest in Tina Brown and you can hobnob with the great.

Yes, but what Pete overlooks is this: Being a magazine editor gave Brown enormous influence in deciding who belongs to the “in” crowd. And one hand washes the other: Does Mika Brzezinski crave favorable coverage from the Daily Beast? “Oh, let’s invite Tina Brown onto Morning Joe!”

Liberals think the rest of us are so stupid we can’t see how the game is played. And given the way Republicans waste their money on useless endeavors like Romney 2012, who can blame them for thinking we’re stupid?

Somebody hit my tip jar, and think about this: Even if a million of you would give me $20, that still wouldn’t equal the amount that Tina Brown lost during an average six months of producing Talk magazine.


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Comments

  • Anamika

    How is the free market working out for ya conservatives?

    When Ayn Rand’s free market championing  adaptation Atlas shrugged: Part 1 was ironically crushed at the free market, the right wing producers hilariously blamed the critics and the liberal media.

    You guys really crack me up.

  • Joe

    I’ll catch it on Netflix. 

    How are those, what is it now, dozen or so anti Iraq war movies doing in the box office? 

     

  • http://2011.ak4mc.us/ McGehee

     And how is the free market of ideas working out for you proglodytes?

    When voters reject ObamaCare and elect a tsunami of new free-market conservatives not only to Congress but to state legislatures in formerly deep-blue states, the left-wing punditocracy hilariously blames a couple of guys named Koch.

    You guys really crack me up.

  • Anonymous

    How is your ignorance of what “free market” means treating you? The conflation of “progressive” corporatism with free market liberalism would crack me up if it weren’t so sad.    

  • http://www.redstateeclectic.typepad.com AngelaTC

     What free market are you referring to?  There’s left in America these days.

  • Anonymous

    RSM, this is a great post, with several thought-provoking insights. I learn more at this site than I do most other media and/or blog sites.

    Between what you and Da Tech Guy wrote about the Tina Brown/Soros phenomena, you’re both really helping to put those trends in context.

    Conservatives/libertarians should be having some heavy discussions about this topic, but that raises the old dilemma: given the short-term stakes (Obamanation), political expediency would suggest that we get cooking immediately on this front, assuming that such efforts were actually supported (possibly, a big if, as you have astutely illustrated on many occasions).

    On the other hand, what we pursue out of immediate strategic necessity might have negative unintended consequences down the road - i.e., what are the implications of the right (more successfully) employing some of these media tactics?

    p.s., What are the tip jar policies? 

  • http://michellemalkin.com/2007/10/11/why-did-google-ban-anti-moveonorg-ads/ George Soros

    Couldn’t you find a photograph of me with my pinkie finger lifted to the corner of my mouth?   

  • Anamika

    The “Western initiative” regarding “free market economy” is a hoax based on a Ponzi scheme, presuming that resources are infinite. They are not, and hence some form of planning & overview is required by a govt. With the power to prohibit, stimulate and fund. Corporate capitalism nears its ultimate goal: the planet’s resources have been transformed into money that no longer can buy anything worthwhile. As a figure of speech, the planet is being plundered completely and as a result, is dying: sixth extinction underway.

    We are familiar with Ponzi schemes on the level of a particular operation, one particularly large and nasty one having sunk the re-entry of Albania into civil Western European society. To see the whole “free market economy” structure as a Ponzi scheme is liberating. It IS based on theoretically unlimited resources (infinite expansion) and seeing the ACTUAL limits approaching is now CASHING OUT, as smart Ponzi operators do.

    Ponzi schemes require so called “interest on loans”. The interest can be high enough to allow for leisure, IOW alienated from the basic requirements for other creatures: work to get food, drink and shelter (so get essential feedback from the environment and behave accordingly).

    Interestingly, Islam forbids such “getting paid without work (for society),” if i remember correctly, the Old Testament mentions that debts should be quitted every 7 years. The difference with theory and practice is rather large, so called “Islamic banks” have found a way around the interest while getting it nevertheless and how the Jewish state continues to cash in from the Holocaust needs no further comment. Whereas former currencies were referenced to measurable things (gold, silver – long ago, even salt), the US $ now is referenced to “stuff between the ears” ;-)

    The alternative to “free market economy” would have been “fair trade”, taking into account that for instance due to climatic differences, agricultural products should be grown in the best suitable climate. Growing them in Northern countries with the aid of (indirect) subsidies, artificial light and fertilizer solution (no soil) is about as environmentally unsound as possible.

    In 2006, Ken Lay’s move (death) to protect his assets may have been a smart one. His Enron co-conspirator Jeffrey Skilling got a stiff 24-year sentence and his wealth thereby liable to at least partial impoundment. By escaping via death, Lay has ensured that his heirs will have a better chance to hang on to the booty.

    Doesn’t this show, the law was made by plutocrats for plutocrats? Only a revolution might change the situation. 

  • R S McCain

    “What are the tip-jar policies?” 

    I’m not sure what that question means. You click the link and send me money via PayPal. What further “policy” needs explaining? If you have some specific question, just send me an e-mail.

  • R S McCain

    How is the free market working out for ya conservatives?

     
    In fact, Anamika, you have accidentally laid your finger on the crux of the problem: People on the Right will (a) donate enormous amounts for campaign politics, and yet (b) expect political news operations to be self-funding in the free market.

    Republican politicans are treated like charity cases, while conservative journalists are supposed to be rugged individuals and yet — this is what really galls me — GOP politicians look down their noses at journalists!

    All of which is to say that I believe the Right is viewing the problem through a warped lens. The success of conservative talk radio and Fox News alternative media ventures have further confused the Right as to the nature of the larger problem.

  • R S McCain

    How is the free market working out for ya conservatives?

     
    In fact, Anamika, you have accidentally laid your finger on the crux of the problem: People on the Right will (a) donate enormous amounts for campaign politics, and yet (b) expect political news operations to be self-funding in the free market.

    Republican politicans are treated like charity cases, while conservative journalists are supposed to be rugged individuals and yet — this is what really galls me — GOP politicians look down their noses at journalists!

    All of which is to say that I believe the Right is viewing the problem through a warped lens. The success of conservative talk radio and Fox News alternative media ventures have further confused the Right as to the nature of the larger problem.

  • ltw

    Oui deux!   A 501(C)Thru charitable organization are thèse fashionable propagation efforts.

  • DaveO

    RSM,

      This is nuance, but the Right isn’t looking through a warped lense, but the appointed leaders of the Right are. They understand rhetoric, but not action. They are consistently out-maneuvered by the left.

      The left has a viable template; and know where all those sticky, possibly illegal weakpoints are. Even Al Queda has a world-class information operations organization compared to Republicans.  Republicans hope for… less strident condemnation of all that they are, and all that they believe on Sunday Morning Talk Shows.

      Turning to your point of journalists being rugged individualists: we saw Armstrong Williams’s career shredded when his being paid by the folks he was promoting came to light. Are you recommending detonating the pretentions of journalistic ethics and requiring all journalists declare their allegiences? That’s more truth than the average journalist can handle.

  • http://thecampofthesaints.org Bob Belvedere

    Quoted from and Linked to at:
    The Stupid Parties

  • http://www.redstateeclectic.typepad.com AngelaTC

    So, if you already realized that we don’t have a free market, why did you ask us how we liked it?

     While I totally support the right of the Muslims not to charge interest on their loans, I also support the right of the bankers to do just that. Unless I’m borrowing, it’s not my business.

    You’ve hit the nail on the head – the free market worked quite well until the big growth in government sold it off piecemeal to special interests.    Then you followed it up with the fallacy of managed trade though, so apparently you’re still a tad confused.

    If it’s easier to grow crops somewhere else, then the resources here are best used for other endeavors.  There is a case to be made for adjusting for man made factors, like minimum wage laws and environmental regulations, but in reality all that does is stifle competition and protect special interests.

    The founders put tariffs in the constitution for a reason.

    While it is ridiculous to assume that markets can ever be 100% free,  one simple truth has been made clear over the long march of history.  The freeer the market, the more prosperous the people.

  • CalMark

    They don’t understand because they don’t want to.  They want to be part of the Establishment, and the Establishment is left-wing. 

    You’ve hit the nail on the head, RSM:  Conservatives’ biggest Achilles heel is publicity.  Our ideas resonate with the people, but for some reason, even our most sophisticated bonafide conservative leaders don’t “get” the publicity thing.

    Maybe you should make this your mission?

  • http://twitter.com/DaTechGuyblog Peter Ingemi

     Since Both Mr. McCain and Myself have managed to finance our endeavors via the free market rather than a sugar daddy (although sugar daddy like contributions will be happily accepted) apparently the free Market is working for us conservatives just fine thank you.

  • The Wondering Jew

    Stacy, James Burnham addressed much of this in his work The Managerial Revolution more than a half century ago.  The traditional right, with its power origins in the bourgeois small businessmen, community leaders, and other traditional keepers of the traditional American Constitutional order, was badly outflanked by the new power base of the internationalist managerial overclass. Much of the failure of modern conservatism can be traced to the fact that it misunderstood traditionalists power relations to this managerial overclass.  It saw itself, incorrectly, as conserving an old order rather than understanding that it must actually overthrow a new order run by the managerialists that had taken over society.  It made the mistake of being “conservative” where as what was required was a reactionary revolution.

    I share your frustration at the intellectual provincialism of many conservative funders.  I am very fortunate right now to be able to ply my trade at just about the top of the heap as far as conservative policy/intellectual organizations go– yet honestly my own position is far more precarious and marginal than your average tenured professor plugging away at a mediocre university.   The right’s funders unfortunately see politicians as the cause of political action whereas they are really the consequence of broad-based political activity that comes from the left’s stranglehold over journalism, academia, etc.

    Even when they attempt to found organizations, conservative funders usually expect a level of control over message and output that is not consistent with attracting really top-drawer talent and keeping it there. That is part of why, I suspect, you left the Washignton Times, and it is certainly why I have chosen to ply my trade at a prestigious, if non-tenuring organization that allows me a good degree of profesional freedom, rather than accept a greater amount of security at a conservative organization at the cost of my fundamental intellectual integrity.

  • Anamika

    We have not learn the lesson below as demonstrated by the
    recent real estate foreclosure scandal, in which thousands of foreclosure
    approval documents were signed without reading them all over the country. Greed
    gone mad is spreading over our financial sector. It’s killing the golden goose,
    and more than half of our deeply economically and politically ignorant
    electorate is cheering and giving the thumb down to the goose that feed them.

    Hegel
    on Wall Street
    : “We know that nearly all the financial
    conditions that led to the economic crisis were the same in Canada as they were
    in the United States with a single, glaring exception: Canada did not
    deregulate its banks and financial sector, and, as a consequence, Canada
    avoided the worst of the economic crisis that continues to warp the
    infrastructure of American life. Nothing but fierce and smart government
    regulation can head off another American economic crisis in the future. This is
    not a matter of “balancing” the interests of free-market
    inventiveness against the need for stability; nor is it a matter of a clash
    between the ideology of the free-market versus the ideology of government
    control. Nor is it, even, a matter of a choice between neo-liberal economic
    theory and neo-Keynesian theory. Rather, as Hegel would have insisted,
    regulation is the force of reason needed to undo the concoctions of
    fantasy.”

    It’s easy to relate this discussion to what I saw and heard concerning the BP
    disaster here in the States.

    I had not seen as such hysteria from all quarters since the 9/ll attack.

    People pointing fingers, making demands to “FIX THIS” and
    seemingly unwilling to consider the facts that there are no easy
    solutions. Gone are the days when John Wayne could ride in on horseback and tie
    everything up with a solution that makes everyone feel good, that ensures
    life  can go on without us (as a nation) making hard choices,  
    taking responsibility, reading the signs and adjusting  our lifestyles
    accordingly.

    In the US (and likely most everywhere else) people demand OTHERS take
    responsibility and *PAY* for their actions.

    Until that sense of outrage and this ‘insistence’ is turned inward, this
    hysteria and anger can only grow louder.

    Was there as much pressure to “fix this” just miles away when New
    Orleans was devastated;  in the sense the George Bush was blamed for the
    government’s failures, and never recovered politically; yes there was the
    public outcry “Get Here NOW!” and fix this.

    What makes this rather schizophrenic is that as much as the public demands
    government be able to immediately respond to and provide remedies and
    safeguards for any and all emergencies; there are also the attitudes that
    demand that government get out of people’s lives, allow the free market to be
    ‘free’ of government oversight, AND at the same time expect even lower taxes.

    I can’t imagine someone even considering public service in this impossible
    environment of completely unreasonable expectations and demands!

    Post-Katrina situation is indeed another good example.

    People insist on building their homes and businesses right next to the gulf
    where the threat of hurricanes arise every single year.

    They refuse considering NOT rebuilding, so dedicated are they to getting back
    to “life as before”. And tend to feel that they are OWED assistance
    from the government to be ‘made whole’.

    Same could be said of health care. There is the expectation that all people
    have the right to health care, that they should be able to have any life-saving
    procedure no matter the unbelievable costs; and at the same time don’t want to
    pay for it themselves, don’t want to be taxed for it, don’t want to sacrifice
    so that others may enjoy this ‘right’.

    It’s so crazy.

  • Lonesome George

    Did anyone ever tell you that you have a very sexy neck.  My name is George too.  Perhaps we can get together for drinks some time?  Here’s my photograph.   http://www.theepochtimes.com/n2/images/stories/large/2008/07/22/71305304George.jpg

  • Lonesome George

    Did anyone ever tell you that you have a very sexy neck.  My name is George too.  Perhaps we can get together for drinks some time?  Here’s my photograph.   http://www.theepochtimes.com/n2/images/stories/large/2008/07/22/71305304George.jpg

  • Tennwriter

    People like Rush Limbaugh, and too a lesser extent you, in a way, contribute to the problem.  Righties can point to Rush, and then say to all of us artists and journalists and novelists (moi) and tabletop game designers(moi again), and say ‘Why aren’t you like Rush or Peter?’

    There is so much that could be done for truly massive effect, and at such a modest cost in the Arts and Journalism.  Its just sad.

    A decent novel reaches people that can’t be reached by adds, and convinces them much more.  It gives them a story to explain their viewpoint , and it allows them to identify kindred hearts.

    Ayn Rand’s books do this for many.  The phrase ‘Who is John Galt?’ is the hyperlink in a mind leading to a story/arguement, and it ID’s Conservatives/Hardcore Bizness Types to each other.

    Now imagine a half-dozen books with similar influence, and one or two more popping up every year.  Some would only have influence for a year or two, and others would be quoted decades hence.

    If you could say ‘Who is Jan Jones?’ and everyone in th e know, and a lot of others instantly thought of a female heroine tortured unjustly by the Left Media…..just as Palin, Bachmann, and other Right Wing Females Stars have been tortured….that is useful.

    Do the same thing with Taxes.  Write  a tale of a gentle and noble rancher facing hordes of immigrants on a border….perhaps a fantasy novel.  And then when any Immigration Debate comes  up, our  side has a readdy made weapon.

    The Left used the Handmaid’s Tale for this.

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  • Winghunter

    Get these links in every persons eyes and Willard will announce his run WITH the Comrade In Chief much sooner;

    The Mitt Romney Report http://bit.ly/g5ZfiO

    Willard “Mitt” Romney http://bit.ly/bad8PI  

    True Romney http://www.trueromney.com

     

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