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Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Tuesday, December 20, 2011

Money and Bahamian politics: What role will money play in The Bahamas’ 2012 general election


Money Politics


Money and politics


By Ian G. Strachan
Nassau, The Bahamas



What role will money play in The Bahamas’ 2012 general election?  Does the party with the most money always win Bahamian elections?  That is the feeling of many observers.  Money will be spent, of course.  Lots of it.  But we will have absolutely no idea where this money comes from.  And that is the way Hubert Ingraham and Perry Christie want it.

Is the U.S. government, through some company, funding one political party over the other in our election?  Is the Chinese government bankrolling a party’s election campaign?  Which Lyford Cay residents are backing political campaigns and which campaigns?  Which private businessmen, Bahamian or expatriate, are making campaign contributions, and how much?  Are numbers houses backing candidates?  Drug lords?  Which lawyers are ‘borrowing’ money from their local and international clients to finance political campaigns?  And what will all this mean in terms of the new government’s choices when in office?  How will we, the citizens ever know, truly know, how the decisions regarding our tax dollars, present and future, are being made and the extent to which campaign contributors are shaping those decisions?

 

The issue in other countries

Ronald Sanders, in a piece called “Caribbean electorates: Not for sale”, wrote recently that, “General elections in St. Lucia and Guyana on November 28 have raised serious questions about the financing of campaigns and the unfair use of state resources by governing political parties to gain an advantage over their opponents.  In St. Lucia, it is alleged that a significant portion of the United Workers Party (UWP) campaign funds came from Taiwan.  The UWP was the ruling party at the time of the elections and the then leader of the opposition and leader of the St. Lucia Labour Party (SLP), Kenny Anthony, had engaged in a public row with the Taiwanese Ambassador over his blatant interference in the electoral politics of the island.  In Guyana, it is claimed that the ruling People’s Progressive Party/Civic (PPP/C) outspent its three rivals by a sizeable margin in the elections campaign.”

Interestingly, in a 2010 case called Citizens United v. The Federal Election Commission, the United States Supreme Court made a ruling that essentially repealed mechanisms that had been put in place by the U.S. Congress and Senate to control the power of big money to shape U.S. elections, via the Bipartisan Campaign Reform Act of 2002 among others.  Even with those laws in place, the 2008 election of Barack Obama had been the most expensive in U.S. history.  Obama’s campaign budget alone was three-quarters of a billion dollars.  The figure is likely to reach a billion in 2012.

The Citizens United ruling, which passed on a 5-4 vote in the Supreme Court, states that it is unconstitutional to deny corporations and unions the right to the First Amendment, or “free speech”, which includes the right to fund political campaign ads.  This essentially treats corporations as people.

Former President Jimmy Carter called the ruling “one of the stupidest rulings ever consummated or perpetrated on the American people”.  In an interview with Tavis Smiley in 2010, he went on to say, “It is a complete transformation or change of what our country has done ever since it was founded.  That is, to try to put some restraint on the massive infusion of money into the political campaign.  And also to have those who do make the contributions legally identified.  You can make it in secret now... When I ran against Gerald Ford in 1976, he and I used public money.  We used a $2 per person check off.  $26 million total.  And when I ran against Ronald Reagan four years later (1980), we did the same thing.”

President Barack Obama himself has been highly critical of the ruling, calling it “a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans”.

Obama said further, “They can buy millions of dollars worth of TV ads – and worst of all, they don’t even have to reveal who’s actually paying for the ads.  Instead, a group can hide behind a name like ‘Citizens for a Better Future’, even if a more accurate name would be ‘Companies for Weaker Oversight’.  These shadow groups are already forming and building war chests of tens of millions of dollars to influence the fall elections.

“Now, imagine the power this will give special interests over politicians.  Corporate lobbyists will be able to tell members of Congress if they don’t vote the right way, they will face an onslaught of negative ads in their next campaign.  And all too often, no one will actually know who’s really behind those ads.”

The reality, however, is that despite receiving over 60 percent of his campaign funding from people who gave less than $1,000 each, Obama could not have won the 2008 election if not for “the tens of millions that lobbyists, PACs, corporations, Wall Street, and labor unions shove into a presidential candidate’s campaign coffers”.  This is according to political analyst Earl Hutchinson, who concludes that “the bitter reality [is] that politics is a hard, dirty, cash-soaked game, and those with the most cash will always have the edge.”

 

A system open to abuse

No less than in the U.S., our politicians and our Parliament are bought and sold.  We are not allowed to know who is doing the buying, but we know who is doing the selling.

The perverting power of money doesn’t end with general elections.  Many, as our prime minister recently admitted (with tongue in cheek, I can only assume), are entering politics as a means of economic advancement.

“It is sad to see that we have moved to a place in our history when many who seek to offer themselves for election to the House are motivated by the desire to achieve personal success and not by a dedication of service to others – that is the general public," he said.

The fact is that the corrupt culture of our politics makes it very difficult for a politician to do otherwise.  The people ‘shake down’ the representative at every opportunity.   He/she is expected to be financial godfather for all his/her supporters and even for those who didn’t give support, not just in order to get elected, but throughout his/her term in office.  This burden cannot possibly be sustained by an MP’s salary; particularly an MP with his/her own children to house, feed and educate.  This opens the door to the temptation: MPs seek to repay themselves through unofficial means sometimes just to avoid bankruptcy.  Even MPs who were financially successful before being elected run the risk of suffering financially when in office because their pay is miniscule when compared to what they made in private life.  Accustomed to a certain standard of living and somewhat embittered by the constant begging of constituents, some politicians find ways to feather their nests by personally profiting from the awarding of contracts, etc.  That is to say nothing of the men and women who conclude that there is no way for them to attain the lifestyle they desire period – unless they enter politics as a career and make it their business to take advantage of the largesse of the state.

Michael Parenti, noted American author of the book “Democracy for the Few”, asserts that “to curb the power of the moneyed interests and lobbyists, minor-party as well as major-party candidates should be provided with public financing.  In addition, a strict cap should be placed on campaign spending by all candidates and supporters, with no loopholes allowed”.

Politicians can feel insulted; corporations and lobbyists may label it undemocratic, but transparency is the best safeguard of democracy that we can have.

Still other politicians have made so many enemies that they must ensure they are financially ‘set for life’ because their enemies, once in power, will make sure that neither they, nor their children, nor their children’s children will ever enjoy a single opportunity.

We know it’s happening but we can’t find the evidence very easily.  The Public Disclosure Act of 1976 isn’t worth the paper it was written on.

Obviously this situation cries out for reform.  The problem is the people who suffer most from this state of affairs (the general public) don’t understand that they suffer.  They pay for this corruption in ways they don’t understand.  In ways that far outweigh the measly bribes they are able to squeeze out of their elected representatives at election time and on the rare occasions they catch them on the street.  Without enlightened leadership, the system will go on perpetuating itself.

 

• IAN STRACHAN is Associate Professor of English at The College of The Bahamas. You can write him at: strachantalk@gmail.com

Dec 19, 2011

thenassauguardian

Monday, October 10, 2005

Beware of Nigerian Fraudsters and Thieves Online

Nigerian Crooks are Busy Online in Search of Gullible People to Rob, Swing, and Swindle


Scam Alert!

African Diplomat Warns About Nigerian Fraud Schemes


By Candia Dames

candiadames@hotmail.com

Nassau, The Bahamas

10 October 2005


If you are among the many Bahamians receiving e-mails from Nigerians almost daily inviting you to assist in the transfer or investment of hundreds of millions of dollars, authorities say there is a good chance that you are being invited to participate in a fraudulent scheme.


Nigerian High Commissioner to The Bahamas Habib Elabor reminded when he appeared on the Love 97 programme, "Jones and Company", which aired on Sunday that "it takes two to tango."


"As they say in law, the thief and the man who agrees to keep stolen property are equally guilty of theft," Mr. Elabor said.


"We know that there are thieves in Nigeria who have stolen our money, kept this money in Western banks and when we now ask the West to release this money to Nigeria they are refusing to do that.


"How do you explain [that]?  Is it Nigeria that is corrupt or those people who are abetting in this corruption?"


Bahamian police said recently that in 2002, a Bahamian businessman reported that he was scammed out of thousands of dollars and threatened by the Internet perpetrators.


Police eventually advised the man to change his e-mail address and telephone contact.


"These people who are involved in this type of scam act on the greed of individuals that they pitch the business idea to.  It’s amazing that in this day and age persons are being swindled out of money by advanced thieves," Assistant Superintendent of Police Drexel Cartwright told The Bahama Journal recently.


In an earlier report on this matter, The Journal released details of one of these e-mails in which an individual, who identified himself as a Nigerian and claimed to be a financial controller of Nigerian National Petroleum Corporation, pitched a business investment.


He invited the receiver to transfer $120,000 to a Nigerian account for a private investment, which would accumulate up to $120 million.


The letter also requested personal information from the individual including a personal address, phone contact, bank address and account number.


The letter states that after the deposit is received the Nigerian will meet with the investor to finalize the transaction.


Mr. Elabor expressed surprise that some people could be so "gullible" that they actually act on such offers.


The High Commissioner, who is also the Nigerian diplomat in Cuba, said about three weeks ago a Bahamian man came to meet him in Havana and informed that he was getting involved in an investment involving hundreds of millions of dollars with Nigerian partners.


"I [asked] this man, ‘did you execute a contract in Nigeria?  Where’s the proof?  Who are your Nigerian partners?’  Under our law there is no way you would execute a contract of such magnitude without having Nigerian partners.  He could not point out who his partners were," Mr. Elabor said.


"I said ‘If you want to pursue this matter, I would advise our government to listen to you.  But if it turns out you are [aiding and abetting] people with criminal intensions, you too could face [our] law’.  That is how we ended it."


Mr. Elabor said he gave the Bahamian man a copy of the advisory that the Nigerian central bank has been issuing throughout the Western press.


"If anyone is in doubt [he or she] should refer such letters to the embassy,"  he said.  "Don’t ever succumb to the temptation that is inherent in these letters."