Greg Abbott’s Financial Contributors: Part Five. S. Reed Morian, Nancy Hunt and R. Steven Hicks
| September 9, 2014 | 10:18 pm | Action, Analysis, Local/State | Comments closed

By James Thompson

 

According to Project Vote Smart, S. Reed Morian is tied with Nancy Hunt and R. Steven Hicks as the seventh, eighth and ninth highest contributors to Greg Abbott’s campaign. They each contributed $150,000.

 

Forbes magazine describes Mr. Morian as follows: “S. Reed Morian joined the Board of Directors of GP Natural Resource Partners LLC in 2002. Mr. Morian has vast executive business experience having served as Chairman and Chief Executive Officer of several companies since the early 1980s and serving on the board of other companies. Mr. Morian has served as a member of the Board of Directors of the general partner of Western Pocahontas Properties Limited Partnership since 1986, New Gauley Coal Corporation since 1992 and the general partner of Great Northern Properties Limited Partnership since 1992. Mr. Morian worked for Dixie Chemical Company from 1971 to 2006 and served as its Chairman and Chief Executive Officer from 1981 to 2006. He has also served as Chairman, Chief Executive Officer and President of DX Holding Company since 1989. He formerly served on the Board of Directors for the Federal Reserve Bank of Dallas-Houston Branch from April 2003 until December 2008 and as a Director of Prosperity Bancshares, Inc. from March 2005 until April 2009.”

 

According to Texans for Public Justice, Mr. Morian contributed $372,500 to the campaign of Texas Gov. Rick Perry. Mr. Perry is currently under indictment for abuse of power. He is well-known for his thinly veiled to Texas seceding from the union. These references were seen by many as a throwback to the Confederacy.

 

Nancy Ann Hunt is the wife of Ray L. Hunt who was reviewed in a previous post on this website.

 

R. Steven Hicks is described by Forbes magazine as follows: “Mr. Hicks has served as a director of Gentiva since October 2013, when he was elected to the Board of Directors and appointed vice chairman of the Board of Directors in connection with our acquisition of Harden Healthcare Holdings, Inc. and in accordance with a Stockholders’ Agreement that Gentiva entered into with certain former stockholders of Harden Healthcare Holdings, including Mr. Hicks. Since 2000, Mr. Hicks has served as executive chairman of Capstar Partners, LLC, a private investment firm, which has invested in a broad range of industries including media and broadcasting, healthcare services, e-commerce, financial services and real estate. Prior to founding Capstar Partners, Mr. Hicks was active in the radio industry for many years and was the founder and chief executive officer of Capstar Broadcasting Corp., a leading consolidator of middle market radio stations across the United States. Mr. Hicks has served as a Regent on The University of Texas System Board of Regents since 2009 and currently serves as the board’s vice chairman. Mr. Hicks was appointed to serve on the Board of Directors of The University of Texas Investment Management Co. (UTIMCO) in 2011 and was reappointed in September 2013. Mr. Hicks was a director of HealthTronics, Inc. from 2004 to 2010.

 

Wikipedia writes about Mr. Hicks as follows: “Hicks bought his first radio station at the age of twenty-nine. He was the CEO of GulfStar Communications, Inc., from July 1987 to January 1997. Over the next 14 years, he acquired stations in Texas, Oklahoma, Louisiana, Tennessee, Mississippi, and South Carolina. He also co-founded and served as CEO of SFX Broadcasting, Inc. from November 1993 to May 1996, including the initial public offering of the stock in 1993.[4] In 1997, Hicks was named the Radio Executive of the Year and was ranked one of the 10 Most Powerful People in Radio by Radio Ink. In 1996, Ernst & Young named him Entrepreneur of the Year and recognized as Broadcaster of the Year by the Texas Association of Broadcasters.[1]

Later, he founded and served as chief executive officer of Capstar Broadcasting Corporation, which he also took public on the New York Stock Exchange in 1998. In 1999, Capstar Broadcasting merged with Chancellor Media Corp to form AMFM Inc. Hicks served as vice-chairman and chief executive officer of the new media division of AMFM. In 2000, AMFM was bought by radio station behemoth Clear Channel Communications. In December 2002, Hicks was appointed to the board of directors of XM.[5] On February 2, 2005, Hicks was appointed to the board of directors of sound equipment maker SLS International, Inc., a publicly trade company[6](the firm filed chapter 11 in 2009[7]).

In February 2009, Texas Governor Rick Perry appointed Hicks to a term on The University of Texas System Board of Regents.[1] He was confirmed by the Texas State Senate on April 1, 2009, took office the following day and his term expires February 1, 2011. He serves on the Facilities Planning and Construction Committee as well as the Student, Faculty, and Staff Campus Life Committee.”

Texas voters should consider these contributors to Greg Abbott’s campaign before casting a ballot in November.

Greg Abbott’s financial contributors: Part Four. Ray L. Hunt
| September 9, 2014 | 10:14 pm | Analysis, Local/State | Comments closed

by James Thompson

 

According to Project Vote Smart, Greg Abbott’s 6th highest campaign contributor is Ray L. Hunt. Mr. Hunt contributed $152,110. According to Forbes magazine, Mr. Hunt’s financial holdings add up to $6.3 billion. Forbes indicates Mr. Hunt, at 71, remains chairman and CEO of Hunt Consolidated. His son, Hunter Hunt, is the chief executive of Hunt Consolidated. Hunt Oil Company is one of the largest privately held oil companies in the US.

 

According to Texas Monthly, Mr. Hunt is one of H. L. Hunt’s 14 children. Forbes magazine writes:  “According to Forbes calculations Ray Lee is the richest of all his siblings, having built up a business empire over the past 40 years. His trophy assets include the iconic Reunion Tower and the shiny new headquarters of Hunt Consolidated in Dallas. Like his father, Hunt is deep into the oil business; Hunt Oil is one of the largest privately-held oil companies in the U.S. In 2011 he sold a one-third stake in his Texas Eagle Ford shale fields to Japan’s Marubeni for $1.3 billion. He also raised $600 million from banks that year to build a high-voltage power line in Texas that connects the state with Mexico’s power grid. He owns vast ranches, farmland and real estate developments across the west. Overseas, Hunt was one of the first U.S. oil companies to land an oil exploration deal in the Kurdish region of Iraq after the toppling of Saddam Hussein. He’s also leveraged his big balance sheet to partner on liquefied natural gas plants in Peru and Yemen (though terrorist attacks have plagued the latter project).”

 

Texas Monthly magazine writes about Mr. Hunt: “He occasionally makes the wrong kind of headlines, as in 2007, when he inked a deal with the regional Kurdish government to look for oil in northern Iraq. Iraqi Arabs were incensed that the Kurds were trying to shut them out, the State Department expressed annoyance that the agreement might undermine the fragile Iraqi government, and Bush critics accused Hunt—a longtime Bush family friend who’d recently given Southern Methodist University $35 million to purchase land for a presidential library and museum—of working a sweetheart deal. No matter. Earlier this year, Hunt Oil hit it big in Kurdistan and the Bush library and museum opened to great fanfare in University Park.”

 

Mr. Hunt is the owner of vast wealth across the globe. Clearly, he was born with a silver spoon in his mouth, the son of Texas oil wildcatter H. L. Hunt.

Texas voters should consider this contributor to Gregg Abbott’s campaign before casting their ballots in November.

Greg Abbott’s financial contributors: part 3. Bob J. Perry and Doylene Perry
| September 8, 2014 | 10:12 pm | Analysis, Local/State | Comments closed

by James Thompson

According to Project Vote Smart, Greg Abbott’s fourth and fifth highest campaign donors are Bob J. Perry and his wife Doylene Perry. Mr. Perry is deceased. According to the website: http://www.publicintegrity.org/2012/04/26/8466/donor-profile-bob-perry, Mr. Perry has a long list of right-wing politicians and right-wing political organizations to which he has contributed vast sums of money:

“Total contributions to super PACs: $23.5 million

  • $10 million to Restore Our Future (pro-Mitt Romney)
  • $8.5 million to American Crossroads (pro-Republican)
  • $1 million to the Congressional Leadership Fund (pro-Republican)
  • $1 million to Independence Virginia PAC (pro-George Allen)
  • $1 million to Club for Growth Action (pro-conservative)
  • $1 million to Freedom Fund North America (pro-Denny Rehberg; pro-Rick Berg)
  • $600,000 to Texas Conservatives Fund (pro-David Dewhurst)
  • $250,000 to Freedom PAC (pro-Connie Mack; pro-Allen West)
  • $100,000 to Make Us Great Again (pro-Rick Perry)
  • $15,000 to Maverick PAC USA (pro-Republican)

Notable federal hard money and 527 contributions:

  • $11.3 million to the Republican Governors Association
  • $160,000 to Citizens Club for Growth (2004-2005)
  • $4.4 million to Swift Boat Veterans for Truth (2004)
  • $1 million to Progress for America Voter Fund (2004)

Notable state-level contributions (see here):

  • $1.9 million to 177 Republican candidates in Texas (2012)
  • $1.5 million to Texas Republican Gov. Rick Perry (2010)
  • $200,000 to Pennsylvania Republican Gov. Tom Corbett (2010)”

 

According to Project Vote Smart, Mr. Perry contributed $185,000 and his wife contributed $175,000 to Greg Abbott’s campaign.

 

Texas voters should consider who are Greg Abbott’s major contributors before casting their ballots in November.

 

Greg Abbott financial contributors: part 2. Stuart West Stedman and Kenny A. Troutt
| September 8, 2014 | 9:49 pm | Analysis, Local/State | Comments closed

By James Thompson

 

According to Project Vote Smart, Houstonian Stuart Stedman is second on the list of highest contributors to the political campaign of Greg Abbott with a contribution of $200,000. He is tied with Kenny A. Troutt who also contributed $200,000.

 

According to a Houston Chronicle article, Stedman grew up in the wealthiest neighborhood in Houston, River Oaks and still resides there. He attended River Oaks elementary school according to the article and Kinkaid High School. Kinkaid is well known in Houston to be a college prep school for the wealthiest Houstonians. Various articles indicate that Stedman contributed $1 million to the University of Texas. According to BusinessWeek, Mr. Stedman is the president of Stedman West, Inc. The Stedman West, Inc. according to their website is “A family investment office responsible for the management of the assets of the Stedman and Wesley West families.”

 

Kenny A. Troutt according to Forbes magazine has a net worth of $1.5 billion. He owns one of the most expensive homes in the Dallas area at about $16.7 million according to D magazine. He was ranked 25th on the list of the Center for Responsive Politics’ list of top individual political contributors according to Forbes magazine.

 

Troutt is a major Republican donor, and has contributed to American Crossroads, Rick Perry, and Rick Santorum. Troutt’s son, Preston, has also donated to Republican Party candidates. American Crossroads was cofounded by the notorious Karl Rove and is a Republican Super PAC. Gov. Rick Perry is the current Republican governor of Texas who is well-known for his thinly veiled references to Texas seceding from the union. He recently called out 1000 National Guard troops and sent them to the Texas Mexico border in high drama. Rick Santorum is a notorious right-wing Republican Sen. from Pennsylvania who ran for and lost the Republican nomination for president.

 

Voters in Texas should connect the dots from the various financial contributions and political affiliations of Greg Abbott before casting their ballot in November.

Democracy Soiled: The Case against the US Ruling Class
| September 7, 2014 | 9:44 pm | Action, Analysis, Economy | Comments closed

– from Zoltan Zigedy is available at: http://zzs-blg.blogspot.com/

Reading the latest Wall Street Journal/NBC News opinion poll is like glimpsing a snapshot of an alien civilization. Surely these are not the opinions of the flag-waving, beer-guzzling US masses depicted on television and by the rest of popular culture. Surely this is not the world view of the self-absorbed, numbed populace, addicted to the NFL and movie weepers.

Are we to believe that nearly two out of three (62%) of those polled are dissatisfied with “America’s role in the world”? If most citizens are unhappy with the US government destabilizing Iraq, Libya, Syria, Ukraine, or supporting genocide in Palestine despite unrelenting media lies and government deception, then how do our leaders justify their acts? Why do innumerable and endless wars continue?
Why do almost two-thirds of those polled (64%) express dissatisfaction with the “state of the US economy”? Are they not following stock market euphoria? Are they not listening to pundits who have declared “recovery”? Aren’t US citizens paying attention to financial cheerleaders?
Why do three out of four (76%) of the people have no confidence that “life for our children’s generation will be better than it has been for us,” up from 60% in 2007?
Why the negativism? Why the pessimism? Why do over half (54%) of poll respondents believe that “[t]he widening income gap between the wealthy and everyone else is undermining the idea that every American has the opportunity for a better standard of living”?
How can our fellow citizens hold such bold, radical ideas? How have they escaped the constant beating of the drums of war and the ubiquitous celebration of prosperity and American grandeur?

The answer is really quite simple: they have lost confidence in politicians, the political system, and other key institutions…. to read the rest of the article, go to: http://zzs-blg.blogspot.com/

Greg Abbott’s campaign contributors: Part 1. Harold C. Simmons
| September 7, 2014 | 9:41 pm | Action, Analysis, Local/State | Comments closed

By James Thompson

 

Greg Abbott is the Republican Party’s nominee for governor of the state of Texas in the November, 2014 general election. In order to better understand the candidate, it is crucial to understand who is supporting him. Project Vote Smart http://votesmart.org/ lists his campaign contributors and this website will take on the task of helping voters to better understand the background of this candidate’s financial contributors.

 

The first contributor that Project Vote Smart lists is deceased billionaire Harold C. Simmons from Dallas who reportedly contributed $575,000 to candidate Abbott prior to his death. Mr. Simmons also called Pres. Obama “the most dangerous man in America.” According to Christopher Helman, of Forbes magazine, upon his death, Mr. Simmons controlled three companies with a combined market cap of $7.5 billion. He was an avowed libertarian and contributed heavily to gay rights and abortion rights organizations which contradicts Mr. Abbott’s far right anti-gay and anti-abortion agenda.

 

According to Mr. Helman, Mr. Simmons showed “an omnipresent eagerness to invest in the dirtiest of industries, in recent years one of his primary foci had been Waste Control Specialists, which successfully beat back opposition from environmentalists to open a low-level radioactive waste dump in Andrews, Texas, near the New Mexico border. So far thousands of tons of waste have been buried there.”

 

He was notorious for the number of lawsuits filed against him for massive contamination of the environment by the companies he controlled.

 

Texas voters should consider this financial contributor as well as all the others of candidate Greg Abbott before casting their ballot in November.

The counter revolution of 1776: A book review
| September 4, 2014 | 10:14 pm | Analysis, National | 1 Comment

By James Thompsoncounter-revolution of 1776

PHill1917@comcast.net

Dr. Gerald Horne, the Moores Professor of History & African-American studies at the University of Houston, has made a major contribution to the field of African-American history by publishing his book, The Counter-Revolution of 1776: Slave Resistance and the Origins of the United States of America.

This book elucidates the rebellious tendencies among Africans in the colonies leading up to the 1776 revolution. He shares a wealth of knowledge which clarifies our understanding of the social upheaval and the events which led up to the 1776 revolution.

This book stands in stark contrast to the typical “whitewashed” accounts of the 1776 revolution written by US historians. Most US students graduate from high school having been immersed in these “bleached” accounts thinking that the 1776 revolution consisted of a white man scurrying through the streets of Boston shrieking “The British are coming! The British are coming!”

Few US historians, with the exception of Herbert Aptheker and W.E.B. DuBois, have anything at all to say about Africans in North America. Professor Horne shines a light on this important but often ignored part of American history.

Karl Marx was one of the first to recognize the complexities and contradictions in the social system of the United States when he wrote: “In the United States of North America, every independent movement of the workers was paralyzed so long as slavery disfigured a part of the Republic. Labour cannot emancipate itself in the white skin where in the black it is branded. (Marx, Karl and Engels, Frederick, Collected Works, Vol. I, Ch. 10, Section 7, pg. 329).

Professor Horne’s book is timely

Dr. Horne’s book is timely in that it appears at the same time Treyvon Martin was murdered for wearing a hoodie, Michael Brown was shot dead by an Anglo police officer for walking in the street and Eric Garner was choked to death by an Anglo police officer. The book also appeared just about the time popular movies hit the screens to include Django and 12 Years a Slave.

Of course, all these events are occurring in the midst of the vilest, right wing bashing of the first African-American president of the United States. Reactionary racism has dominated the mass media in the United States for the past six years and much of the progressive left has responded by retreat into isolation. Perhaps Dr. Horne’s book will be a clarion call to action for people of conscience who oppose the repulsive, poisonous vitriol spewed out by the hysterical, red faced white fascists. Some analysts say that right-wingers constitute about 1/3 of the electorate of the USA.

The struggle between pro-slavery and anti-slavery forces

Professor Horne shines light on the intrigue which accompanied the development of the new Republic. He discusses the alliances that formed between the Africans, the British and the indigenous population in North America. He notes that the threat that these alliances posed to the slave-holding bourgeois class helped propel the colonists to revolution. Much more research is needed, but Professor Horne’s account of these developments may suggest that these anti-slavery tendencies among the Africans, British, and indigenous people as well as the anti-slavery tendencies among certain leaders of the colonists, and certain elements of the Spanish, French and Mexican governments may have been crucial to the development of the progressive movement in the United States. It is important to remember that Thomas Jefferson and Benjamin Franklin were opposed to slavery and were active in the struggle against slavery. Britain abolished the slave trade in 1807, and the United States followed close behind by abolishing the slave trade in 1808. Britain abolished slavery in 1833 and the United States followed in 1865, about 32 years later.

Dr. Herbert Aptheker wrote about the struggle between pro-slavery and anti-slavery elements in the development of the American Republic in a chapter on the Declaration of Independence: “The second major congressional revision of Jefferson’s document resulted in the excision of a long passage-more than 150 words-dealing with slavery and the slave trade. This passage appeared as the final, climactic, item in the listing of abominations brought upon the colonies by George III, justifying resistance to his forcible efforts to retain them. In this passage Jefferson excoriated the King for vetoing repeated colonial efforts to curtail or to ban the African slave trade and denounced not only the trade but the system of production which it served. Due to the heated objections of the delegates from slaveholding Georgia and South Carolina and the somewhat less intense objections from several delegates from Massachusetts, Connecticut, and Rhode Island, where slave trading had been an important business, this entire passage was excised. In the Declaration not a word is found of the slave trade, and slavery appears obliquely and very briefly in an attack on the King for having “excited domestic insurrections amongst us.” (Aptheker, Herbert, The American Revolution 1763-1783, International Publishers, New York, 1960, p. 101). Prof. Aptheker also wrote: “Especially striking is the fact that while the Declaration spoke of equality, liberty and the pursuit of happiness, 600,000 American slaves-slaves for life, who transmitted their status to all offspring, through the maternal line-were held to labor under the lash. It is indeed one of the most painful and yet most revealing facts in American history that the author of the Declaration of Independence was himself a slave owner (Ibid., p. 108).

Definition of revolution

It is important to note that both progressive and reactionary tendencies in the colonies interacted in such a way that it culminated in an anti-imperialist revolution. Lenin defined revolution as follows: “The passing of state power from one class to another is the first, the principal, the basic sign of a revolution, both in the strictly scientific and in the practical political meaning of that term.” (Lenin, V.I., Letters on Tactics (1918) Lenin Collected Works, Progress Publishers, 1964, Moscow, Volume 24, pp. 42-54). In the case of the American Revolution, state power passed from the feudalistic, aristocratic, bourgeois classes in Britain to the non-feudalistic, non-aristocratic, bourgeois class in the 13 colonies.

Definition of counterrevolution

Professor Horne argues that there were elements among the American revolutionaries who used the revolution opportunistically to postpone the abolition of slavery in North America. Some might argue that these reactionaries were actually counter-revolutionaries.

Counterrevolution may be defined as the passing of state power from an advanced class to a less advanced class, e.g. from the working class to the bourgeoisie. The 1917 Russian revolution was a passing of state power from the bourgeoisie to the proletariat. The end of the Soviet Union was a counter-revolution because state power passed from the working class to the bourgeoisie.

It could also be argued that the pro-slavery tendencies that Dr. Horne writes about may have been an important part of the development of the right wing and fascist tendencies in the United States in more recent years.

Revolution or counterrevolution

Others may argue that since the British aristocracy and bourgeoisie were overthrown in the colonies and state power passed to the bourgeois class in the colonies, the American Revolution was a revolution indeed according to Lenin’s definition i.e. the passing of state power.

In any case, the American Revolution, as any bourgeois revolution must be, was clearly contradictory and complex. These complexities and contradictions are still in effect to this day.

The liberation of slaves was essentially a humanitarian and democratic question since the passing of state power to the slaves is not essential to the concept of the liberation of slaves. This passing of state power is essential to the concept of revolution or counter-revolution. For example, in the middle of the 19th century in the USA there was a liberation of slaves under the regime of Abraham Lincoln, but there was no passing of state power from one class to another. There was merely a consolidation of state power in the bourgeoisie in the Northern states. Similar to the case of the slaves, in the Civil War there was no passing of state power to women, indigenous people and other sectors of the working class. Therefore these were not questions of revolution or counter-revolution, they were questions of liberty, humanitarianism and democracy.

The struggle between pro-slavery and anti-slavery elements laid the groundwork for the struggle between progressive and reactionary forces today.

Dr. Horne points out correctly that David Duke, a racist fascist, received a great deal of support in his campaign to be governor of Louisiana. He did win a majority of the Anglo vote in this race. However, it is important to remember that Duke did not win the election. Even in reactionary Louisiana, a coalition of moderate forces prevailed and repelled this repugnant Nazi.

In recent years we have seen a passing of state power from one sector of the bourgeois class, i.e. the liberal sector, to another sector of the bourgeoisie, i.e. the reactionary sector. Therefore, this passing of state power from one sector to another sector of the same class is not a revolution according to Lenin’s definition. Recently, the reactionary sector has succeeded in rolling back many reforms brought about during the Roosevelt years. Many civil liberties and social programs have been severely limited or eliminated altogether. Violent racist action has increased and many innocent workers and their family members have been slaughtered.

Some on the left confuse the concept of a proletarian revolution with the concept of revolution. It is important to remember that according to Lenin’s definition of revolution, the passing of state power can be from any class to any other class. Once again, the American revolution resulted in a passing of state power from the British bourgeoisie to the American bourgeoisie over the British colonies in North America. Therefore, the exclusion of African slaves, European women, European and Asian indentured servants, the indigenous and Latino populations of North America and other oppressed peoples does not preclude the regime change during the late 18th century from being a revolution.

Conclusion

Thanks to Professor Horne’s work, we now have a better understanding of the various components of the dialectical process in the struggle between proslavery and anti-slavery forces leading up to the foundation of the American Republic. We also can see that the struggle continues for a more perfect union between the reactionary and progressive forces today. Horne’s book enlightens us about the history of the struggle for African-American equality in the United States, the struggle against slavery, the struggle against racism as well as the roles these various struggles played in the development of the country.

Hopefully, many people will read this important book and it will raise their consciousness about the history of the United States of America. This could mark a turning point and further the development of a mass movement against racism, sexism and fascism. People will reject fascism and its negative ideology when they understand that it will lead to war and destruction (perhaps of the whole world). Horne’s book can contribute to this future positive turn of events.

PHill1917@comcast.net