Saturday Reads: Posh Fundraisers, Bizarre Cults, and MorePosted: July 7, 2012
I have some excellent reads to share with you today.
Tomorrow is a big day for Mitt Romney. He’ll be in the Hamptons attending a series of fund raisers hosted by members of the top 1% of the top 1%, and he’s expected to collect $3 million by the time it’s all over.
Mr. Romney is expected to pull in $3 million from an event at the Creeks, the estate of Ronald O. Perelman, the billionaire financier and Revlon chairman, where tickets range from $5,000 for lunch to $25,000 for a V.I.P. photo reception. Another will be held at the home of Clifford M. Sobel, an ambassador to Brazil under President George W. Bush, and a final dinner will take place at the Southampton estate of the billionaire industrialist David H. Koch, where the going rate for entry is $75,000 a couple and $50,000 a person….
At Mr. Koch’s estate, the guests will be treated to one-of-a-kind scenery as they wait for face time with a possible president. Tucked into the Southampton dunes, Mr. Koch’s home is valued at about $18 million by the real estate Web site Zillow, which reports that it has seven bedrooms and nine bathrooms. Its backyard is the sea.
But the jewel of the day is Mr. Perelman’s. With 9 fireplaces, 40 rooms and an expansive wine cellar, his estate makes the Koch spread look modest by comparison. Sitting on 57 acres, it was built for the painter Albert Herter in 1899, and when it last went up for sale in 1991 (for $25 million), The New York Times described it as “the largest and most spectacular estate in the Village of East Hampton, with more than a mile of frontage on Georgica Pond and a view of the Atlantic Ocean beyond.” That article also said that an American Conifer Society Bulletin — for tree enthusiasts — had called its grounds “the eighth wonder of the horticultural world” and “the most outstanding private conifer collection in the United States, a living work of art.”
I wonder how that will go over in Ohio? The article says that Obama is skipping the ostentatious Hamptons fund raisers this year, but it provides descriptions previous ones hosted by Democrats. The Dems definitely attract better musical artists. But Republicans say they don’t need entertainment–they’re already excited by the prospect of throwing Obama out of the White House.
Justin Rubin of MoveOn.org has a piece at HuffPo about the Koch fundraiser. Some “progressives” plan to crash the party.
Mitt Romney may want to hide his Koch problem with the help of his super PACs, but all the cash in the world won’t be enough to stop our people power from exposing the truth. More than 7 million MoveOn members will be working hard every day between now and November to pull back the curtain and expose Romney’s 1% habit.
This Sunday, we’re staging our latest intervention. As Romney’s limo pulls up in front of David Koch’s Hamptons estate — where each $50,000 ticket will cost more than most people make in a year — our members will be there to greet him. We’ll band together with organizers and allies from a diverse array of groups united by our concern about the pernicious effects Koch cash is inflicting on our democracy.
No intervention is complete without a banner, and MoveOn’s 99airlines plane will be at the Hamptons fundraiser too, flying a banner overhead that points out the simple truth: “Mitt Romney has a Koch problem.” As more Americans find out, Romney’s Koch problem will just get worse.
At the Atlantic, Derek Thompson explains How the Richest 400 People in America Got So Rich. As you might have guessed already, they didn’t do it by actually, you know, working hard.
The New York Daily News has learned that Romney is already practicing for the first presidential debate, which is still 13 weeks away.
Romney sources told the Daily News that during a three-day retreat he hosted late last month for big-time Republican contributors and party mandarins at Park City, Utah, the candidate also found time to squeeze in the first two rounds of what staffers call “debate prep.”
Romney convened six to eight campaign aides around a conference table at the elegant Chateaux at Silver Lake. They sorted through a variety of topics sure to come up in the three Presidential debates, like the state of the economy and the war in Afghanistan, and kicked around the best “test responses” to questions they expect Obama and debate moderators will toss at the ex-Massachusetts governor.
More such encounters are expected over the summer, but what one source called “podium practices” with an Obama surrogate won’t happen for awhile — mainly because Romney doesn’t care for them all that much.
“There will be some role-playing but not as much as other Presidential candidates,” a Romney adviser said. “The traditional model doesn’t fit his style.”
Why doesn’t he just keep repeating that same non-response he used yesterday? That way he wouldn’t have to take a stand on anything.
If you haven’t had a chance to read it yet, please go check out Joseph Cannon’s post on Romney’s ties to “Spooks and Death Squads.” I don’t know how else to express my reaction: I was gobsmacked by it!
If you’re fascinated by cults, as I am, you should read this lengthy article from the Hollywood Reporter on Katie Holmes’ breakup with Tom Cruise and her desire to keep her daughter away from Scientology. Here’s just a teensy taste:
Unlike [Nicole] Kidman, who kept quiet during her divorce from Cruise and has rarely commented publicly about it since, Holmes already has made a statement of sorts by filing her petition in New York and saying she wants full legal custody and primary residential custody of their Suri.
“Katie could blow Scientology wide open,” says [Marty] Rathbun, who was in the church for 22 years before leaving in late 2004. Rathbun, who calls himself an “independent Scientologist” and writes a candid blog popular with former members, was Cruise’s auditor and handled Cruise’s divorce from Kidman.
“If Tom’s smart, he won’t fight her on anything, even custody. He should just try to settle his way out of it,” says Rathbun. “She could press this sole-custody issue and litigate it, and that would be the biggest nightmare in the Church of Scientology’s history. It would be a circus they couldn’t survive.”
And speaking of cults, Alternet explains Mormon underwear–who isn’t curious about that? Are Mormon Underwear Magic Between the Sheets?
It’s hard to get a balanced sample from active Mormons, because the Garments, as I said, are sacred, and catering to the curiosity of prurient outsiders would violate a covenant sworn during the same temple ceremony in which a Mormon gets authorized to wear the Garment. Unfortunately those who have been fantasizing about a romp in which layers of white cotton create the perfect sense of mystery (or bondage), exMormons offer few words of encouragement. Discomfort seems to be the predominant theme.
I was continuously battling wedgies–often in public; how the people would stare as I would try to wrestle crumpled material out of my crack. Lady DB
If you have ever worn the modern ones you should appreciate the distance these have come. When I first got married they came in a one piece get up with a wide neck so you could step into them. The back had a split crotch (not the kind in kinky panties) but this huge wide sloppy split that would separate under your clothes, leaving a draft in your nether region much of the time. The little panel they sew into the ladies special part was so poorly designed that it would roll and twist till you felt like you were skewered by a roll of old toilet paper. Insanad
Of all of the things about Mo-dom, the thing I miss the least is the underwear. Zapotec
Theologically, Mormon undergarments are said to be symbols of a covenant between God and the believer. Initiates pantomime their own death should they violate this sacred trust. The underwear have sacred symbols drawn from the Masonic Order into which Joseph Smith was initiated shortly before he proclaimed God’s desire that people wear the Garment. True believing Mormons avoid allowing Garments to touch the ground. They may cut off and burn the symbols when a Garment itself is worn out.
There’s much much more info at the link.
At Truthdig, Robert Scheer writes about the LIBOR scandal: The Crime of the Century.
Forget Bernie Madoff and Enron’s Ken Lay—they were mere amateurs in financial crime. The current Libor interest rate scandal, involving hundreds of trillions in international derivatives trade, shows how the really big boys play. And these guys will most likely not do the time because their kind rewrites the law before committing the crime.
Modern international bankers form a class of thieves the likes of which the world has never before seen. Or, indeed, imagined. The scandal over Libor—short for London interbank offered rate—has resulted in a huge fine for Barclays Bank and threatens to ensnare some of the world’s top financers. It reveals that behind the world’s financial edifice lies a reeking cesspool of unprecedented corruption. The modern-day robber barons pillage with a destructive abandon totally unfettered by law or conscience and on a scale that is almost impossible to comprehend.
How to explain a $450 million settlement for one bank whose defense, in a plea bargain worked out with regulators in London and Washington, is that every institution in their elite financial circle was doing it? Not just Barclays but JPMorgan Chase, Citigroup and others are now being investigated on suspicion of manipulating the Libor rate, so critical to a $700 trillion derivatives market.
Read the rest at the Truthdig.