More stories

  • in

    Bloomberg and Other Billionaires Donated to Adams’s Legal-Defense Fund

    Mayor Eric Adams of New York set up the fund amid a broad federal corruption investigation into his campaign’s fund-raising practices.Mayor Eric Adams raised $732,000 in less than two months to pay for legal expenses related to a federal investigation into his campaign fund-raising, according to a filing submitted Tuesday.The contributors to Mr. Adams’s defense fund include an array of wealthy players in business and politics, among them at least four who have been described as billionaires: the former New York City mayor Michael Bloomberg, the Ukrainian-British oligarch Leonard Blavatnik, the real estate and fertilizer tycoon Alexander Rovt and the cryptocurrency investor Brock Pierce.The fund has so far spent $440,000, most of it on WilmerHale, the law firm Mr. Adams hired to represent him in the investigation, the filing shows.City law permits elected officials to set up defense funds to pay for expenses related to criminal or civil investigations that are unrelated to their government duties and cannot be paid for with public money. The funds can collect up to $5,000 per donor but are not permitted to solicit or receive contributions from anyone with city contracts or business before the city.The Eric Adams Legal Defense Trust was set up late last year after the F.B.I. searched the home of Brianna Suggs, who was then Mr. Adams’s chief campaign fund-raiser. It made its first filing with the city’s Conflicts of Interest Board on Tuesday.Mr. Adams, who unveiled his preliminary city budget on Tuesday, said the support had come from donors who appreciated his “life of service,” from his time as a transit police officer to his tenure as mayor.“They said, ‘We want to help,’” he said. “People have known my character, and they said, ‘We want to help.’”The four billionaires and their relatives contributed a total of $40,000 to the fund. Mr. Pierce, a former child actor who is now a cryptocurrency investor, has previously supported the mayor. Mr. Adams has praised cryptocurrency, and he flew on Mr. Pierce’s private jet to Puerto Rico shortly after he was elected mayor. Since his campaign, Mr. Adams has also nurtured a relationship with Mr. Bloomberg, who left City Hall at the end of 2013.Frank Carone, Mr. Adams’s first chief of staff and a longtime adviser, and his relatives pitched in $20,000, while Lori Fensterman, the wife of Mr. Carone’s former law partner, gave $5,000. The mayor himself gave two donations totaling $120.Among the other donors were Jenifer Rajkumar, a state assemblywoman from Queens and a close ally of Mr. Adams, who gave $2,500; Angelo Acquista, a pulmonologist and diet book author, and his wife, Svetlana Acquista, who gave Mr. Adams a total of $10,000; and Michael Cayre, an owner of Casa Cipriani who, with two family members, donated $15,000. Mr. Cayre recently organized a gala at the club that reportedly raised about $10 million for victims of the Oct. 7 Hamas attacks, with Mr. Adams in attendance. The bulk of the fund’s expenses so far, about $397,000, was paid to WilmerHale, where Mr. Adams’s defense team includes Brendan McGuire and Boyd Johnson, two former top prosecutors at the Southern District of New York, which is conducting the investigation along with the F.B.I. Mr. McGuire also formerly worked as Mr. Adams’s chief counsel in City Hall.The fund also paid $7,500 to Pitta L.L.P., a law firm whose co-managing partner, Vito Pitta, is overseeing the fund. It paid about $25,000 to two companies for “vetting and investigative services” and “forensic data collection.”The City Council authorized legal defense funds in 2019 after the Conflicts of Interest Board ruled that city gift restrictions prohibited Mr. Adams’s predecessor, Bill de Blasio, from soliciting more than $50 per donor to pay for legal bills he had accumulated during state and federal investigations into his fund-raising.The investigation into Mayor Adams’s fund-raising came into view in early November. On the same day as the search of Ms. Suggs’ home, F.B.I. agents also searched the New Jersey houses of Rana Abbasova, an aide in Mr. Adams’s international affairs office, and Cenk Ocal, a former Turkish Airlines executive who served on his transition team. A few days later, agents stopped Mr. Adams after a public event and seized several electronic devices from the mayor.Federal officials in Manhattan are examining whether the Turkish government conspired with Mr. Adams’s campaign to funnel donations into campaign coffers and whether Mr. Adams pressured Fire Department officials to sign off on a new high-rise Turkish consulate despite safety concerns.Neither Mr. Adams nor anyone else connected to the investigation has been accused of wrongdoing. The mayor and his representatives have said that he has followed the law scrupulously.On Tuesday, new campaign fund-raising disclosures for the 2025 mayor’s race also became public — the first such filings since the federal investigation into the Adams campaign came to light. They showed that Mr. Adams’s campaign raised $524,800 since July — a significantly lower figure than in the first half of 2023, when he raised $1.3 million.The mayor’s campaign received nearly 600 donations from lawyers and real estate leaders, but only about two dozen of the donations came after the Nov. 2 raid on the fund-raiser’s home. More

  • in

    Ron DeSantis, Nikki Haley and Politically Obtuse Plutocrats

    All Wall Street wants is a good hypocrite — someone who can convince the Republican base that he or she shares its extremism, but whose real priority is to enrich the 1 percent. Is that too much to ask?Apparently, yes.If you’re not a politics groupie, you may find the drama surrounding Nikki Haley, the former governor of South Carolina, puzzling. Until recently, few would have considered her a significant contender for the Republican presidential nomination — indeed, she arguably still isn’t. But toward the end of last year, she suddenly attracted a lot of support from the big money. Among those endorsing her were Jamie Dimon, the head of JPMorgan Chase, a new business-oriented super PAC called Independents Moving the Needle and the Koch political network.If this scramble sounds desperate, that’s because it is. And it looks even more desperate after Haley’s recent Civil War misadventures — first failing to name slavery as a reason the war happened, then clumsily trying to walk back her omission.But there is a logic behind this drama. What we’re witnessing are the death throes of a political strategy that served America’s plutocrats well for several decades but stopped working during the Obama years.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber?  More

  • in

    ‘Donald Trump Is No Moderate’

    More from our inbox:Poll on Biden’s Handling of the War in GazaWealthy Donors Seeking InfluenceHelping Lower-Income People Pay BillsMatt ChaseTo the Editor:Re “The Secret of Trump’s Appeal Isn’t Authoritarianism,” by Matthew Schmitz (Opinion guest essay, nytimes.com, Dec. 18):According to Mr. Schmitz, the key to understanding Donald Trump’s electoral appeal is not his authoritarianism but his moderation. There may have been some truth to this eight years ago, when Mr. Trump’s policy views were often poorly defined. However, it is clearly no longer true in 2023.On a wide range of issues, including immigration, climate change, health care and gun control, Mr. Trump has endorsed policies supported by the right wing of the Republican Party. And when it comes to abortion, whatever his recent public statements, while he was in office, he consistently appointed anti-abortion judges committed to overturning Roe v. Wade.As a result, Mr. Trump now appeals most strongly to the far right wing of the Republican Party. Donald Trump is no moderate.Alan AbramowitzAtlantaThe writer is professor emeritus of political science at Emory University.To the Editor:Matthew Schmitz’s longwinded guest essay still misses the point: The bottom line of Donald Trump’s appeal to his supporters is the permission to indulge their darkest impulses and harshest judgments of “the other” — everyone in the world outside of MAGA Nation.Rich LaytonPortland, Ore.To the Editor:Matthew Schmitz could not be more wrong. There is no universe in which Donald Trump is a moderate. Moderates do not gut the system that they have sworn to uphold. Moderates do not consider calling in the military against American citizens, as Mr. Trump did during the Black Lives Matter demonstrations. Moderates do not start riots when they lose elections.Trump voters are either fellow grifters or people who do not understand how government works and are taken in by his shtick: the incurious and the easily fooled. It’s as simple — and as dangerous — as that. We have work to do to make sure he will not regain office.Christine PotterValley Cottage, N.Y.To the Editor:I was shocked to read a piece that wasn’t the usual drone of let’s count all the ways that Donald Trump is a disaster for the country. I’m so grateful that you are actually inviting a broader variety of opinions. It is just as valuable to understand why Mr. Trump is loved as why he is hated.I read the article twice, and it was compelling at times. I’m still not a fan of Mr. Trump, but am grateful that finally your paper is respecting its readership to handle different perspectives.T. PalserCalgary, AlbertaTo the Editor:Matthew Schmitz seems to think that he needs to explain to us that people are willing to overlook the clearly authoritarian tendencies of a candidate if they like some of his policies. Thanks, Mr. Schmitz, but we’re already well aware of this. Italians liked Mussolini because he “made the trains run on time.”This is exactly our point. This is how dictatorships happen.Robert Stillman CohenNew YorkTo the Editor:When you have to argue that the secret to someone’s appeal isn’t authoritarianism, the secret to their appeal is authoritarianism.David D. TurnerClifton, N.J.Poll on Biden’s Handling of the War in GazaPresident Biden addressing the nation from the Oval Office after visiting Israel in October, following the breakout of its war against Hamas.Tom Brenner for The New York TimesTo the Editor:Re “Most Disapprove of Biden on Gaza, Survey Indicates” (front page, Dec. 19):You report that the people surveyed trusted Donald Trump to manage the Israeli-Palestinian conflict over President Biden by a margin of 46 percent to 38 percent. This is puzzling, since during his tenure as president, Mr. Trump was an extreme Israeli partisan. Indeed, everything he did with reference to the Middle East heavily favored Israel to the detriment of the Palestinians.Some of the actions that he undertook that were adverse to the Palestinians included: the appointment of an extreme Orthodox Jewish bankruptcy lawyer, who was an Israeli partisan, as ambassador to Israel; moving the American Embassy from Tel Aviv to Jerusalem, contrary to both decades of American policy and Palestinian opposition; terminating American contributions to the U.N. fund for Palestinians; supporting the Israeli settler movement; and negotiating the Abraham Accords without any consideration of Palestinian interests.Mr. Trump is one of the people least likely to fairly manage the Israeli-Palestinian conflict.Richard J. WeisbergNorwalk, Conn.To the Editor:The Biden administration is beginning to understand that while most Jewish Americans believe in Israel’s right to exist, this does not mean that American Jews overwhelmingly support the Israeli government’s relentless killing of innocent Palestinian civilians — at this point, more than 10,000 of them children.Increasingly, as the traumatized Israeli pursuit of Hamas costs more death and destruction, cracks are appearing in Jewish community support for the Biden administration’s military and political backing of the current Israeli government. President Biden is well advised to pay close attention to these cracks.As the article points out, nearly three-quarters of Jews historically vote Democratic. Unless Mr. Biden takes a harder line against the continued killings and steps up more boldly for a cease-fire, Democrats could lose Jewish votes.John CregerBerkeley, Calif.Wealthy Donors Seeking InfluenceHarvard University in Cambridge, Mass., on Tuesday.Adam Glanzman for The New York TimesTo the Editor:Re “College Turmoil Reveals a New Politics of Power” (news article, Dec. 15):Having spent a lifetime working for and with nonprofits, I am disgusted by wealthy donors who expect money to buy a voice in university affairs. Donations are gifts, not transactions, and I have always objected to 1) listing names of donors, whether on buildings or in concert programs, and 2) tax deductions for charitable donations.Yes, we will lose some ego-driven donors along the way, but we will eventually prevail by keeping it clean.Michael Rooke-LeySan FranciscoThe writer is a former law professor.Helping Lower-Income People Pay BillsJessica Jones and her three daughters moved in with Ms. Jones’s mother two years ago after her landlord did not renew the lease on a subsidized apartment. She said the displacement has wreaked family havoc.Elizabeth Bick for The New York TimesTo the Editor:Re “Soaring Rents Are Burdening Lower Incomes” (front page, Dec. 12):Congress should exempt the first $40,000 of income from the Social Security tax, which would immediately give lower-income families some relief.The lost income to the government should not be seen as lost but as support to allow people to stay in their existing apartments.This would also be the time to apply the Social Security tax to higher incomes that are currently exempt above $160,200. And to cap or reduce the excessive interest rate — which currently averages 24 percent — that many people pay on their credit card bills.Studies show that lower-income households use credit cards to buy necessities like food and to pay utility bills. Those interest rates often translate into money that ultimately ends up in the pockets of high-income people who are invested in the market.Let’s all give a little, so people can live with dignity.Ann L. SullivanPortsmouth, R.I. More

  • in

    Nikki Haley’s Views on Social Security

    More from our inbox:A Climate Protest at the OperaMore Trump Coverage? Brian Snyder/ReutersTo the Editor:Re “Haley Is Coming for Your Retirement,” by Paul Krugman (column, Nov. 28):Mr. Krugman is right in pointing out the inequality connected to proposals to raise the age at which one becomes eligible for Social Security. As he points out, the proposals are, “in effect, saying that the aging janitors must keep working (or be cast into extreme poverty) because rich bankers are living longer.”But it’s even worse than that. The problem of an impending shortfall of the Social Security Trust Fund is in significant part a consequence of our rising economic inequality. High-income people pay a smaller share of their income into Social Security because salary over $160,200 — the so-called “tax max” — is not subject to the Social Security tax.Also, there is no Social Security tax on income from capital (including dividends, interest, capital gains and rents), which tends to go to wealthy people. Consequently, as a larger and larger part of our national income goes to the rich, the share collected by the Social Security tax declines.The solution is not hard to envision: Raise the “tax max” and tax income from capital. Better yet, adopt a set of policies that would move us toward a more equal distribution of income.Arthur MacEwanCambridge, Mass.The writer is professor emeritus of economics at the University of Massachusetts Boston.To the Editor:As a member of Gen Z, I commend Nikki Haley for suggesting ideas to keep Social Security solvent. Raising the retirement age is not a pleasant thought, but tough times require tough decisions. Our national debt is at a record high, and interest repayments are reaching worrying levels. Changes have to be made if the country’s finances are to stay healthy. Numbers don’t lie.I, for one, do not expect to ever be able to collect Social Security, despite having paid 6.2 percent of my income into it over my entire working life. I would rather get rid of the tax altogether than continue to pretend that Social Security will still be around when I retire.I have absolutely zero faith that members of Congress will fix this problem; they have been kicking this can down the road for longer than I’ve been alive.Eric FuquaAtlantaTo the Editor:Paul Krugman’s piece on Nikki Haley makes it quite clear that she is far from the perfect candidate, but what it does not address is the critical role that she may play.The Economist recently described Donald Trump as the gravest danger to the world in 2024, and considering viable alternatives, apart from Nikki Haley, there is only one 81-year-old man with major failings of his own standing in Donald Trump’s way.Even with all her shortcomings, there are strong reasons to support Nikki Haley, as she may be best positioned to save our democracy and the world from Donald Trump.Jon LandauPhiladelphiaA Climate Protest at the OperaThe Metropolitan Opera House, center, at Lincoln Center.Kathy Willens/Associated PressTo the Editor:Re “Climate Protesters Interrupt Met Performance of Wagner’s ‘Tannhäuser’” (news article, nytimes.com, Dec. 1):The recent climate protest at the opera made my heart sink.I’m a climate activist. I’ve marched, I’ve lobbied, I’ve contacted legislators. I’m co-leader of a local chapter of Citizens’ Climate Lobby, a grass-roots organization that believes that effective change will come about through respectful dialogue — and the sheer force of numbers.I’m also a professional singer and an operagoer. And I cringe when I see protesters disrupt the arts to make their point. The very people who might be inclined to help contribute to the urgent cause of fighting global warming may well be sitting in that opera house. But these protesters chose to alienate them. How in the world is that productive?The most effective path toward change is to work with others, not against them. We need dedicated, respectful activists who do their work by finding common ground and then gently but insistently nudging all of us forward.What we don’t need is this kind of spectacle, which gives the rest of us climate activists a bad name, and serves as an affront to the music and art we all need to inspire us in a troubled world.Francesca Huemer KellyHighland Park, Ill.More Trump Coverage?For years, President Biden and Democrats have been happy to mostly ignore Donald J. Trump. But now their thinking appears to be changing as the 2024 election season begins to ramp up.Sophie Park for The New York Times, Doug Mills/The New York TimesTo the Editor:Re “Democrats Want Trump Plastered All Over the News” (news article, Nov. 22):How soon we forget. Think back to Wednesday morning, Nov. 9, 2016. Whether you supported and voted for Hillary Clinton or Donald Trump, you were likely shocked when you heard the final results.Now, Democrats are hoping that heavy media coverage of Mr. Trump, assuming he is the nominee, will remind Americans of his flawed character, his lies, his legal troubles and his hate-filled rhetoric, and this will repel them.But back in 2015 and 2016, Mr. Trump was far from invisible, enjoying plenty of media coverage: as a failed TV star and businessman, as a clown and an entertainer, not to be taken seriously. The polls at the time were suggesting that Mrs. Clinton was the heavy favorite, so many Americans either stayed home or voted for Mr. Trump as a joke or an anti-Hillary statement.Why would we think next year’s coverage won’t still focus on Mr. Trump’s entertainment value as much as on his lies, his threats and his crimes?Democrats may ask for more news coverage, but we should be careful what we wish for.Betsy FrankMattituck, N.Y. More

  • in

    Oprah Floated a 2020 Presidential Ticket With Mitt Romney, Book Says

    Ms. Winfrey wanted to form the independent ticket to stop Donald J. Trump, according to a forthcoming book. Mr. Romney listened to the pitch but passed on the idea, the biography says.Concerned that the Democratic field wasn’t up to the task of stopping President Donald J. Trump in 2020, Oprah Winfrey pitched Mitt Romney on the idea of running for president as an independent, with her as his running mate, according to a forthcoming biography of the Republican senator from Utah.Ms. Winfrey floated the unusual ticket in a phone call she placed to Mr. Romney’s wife, Ann Romney, in November 2019, according to an excerpt from the book, “Romney: A Reckoning,” that was shared with The New York Times.Mr. Romney at least listened to the idea. (It was Oprah calling, after all.) He “heard the pitch, and told her he was flattered, but that he’d have to pass,” the author, McKay Coppins of The Atlantic, writes.Liz Johnson, an aide to Mr. Romney, declined to comment on Monday. A spokeswoman for Ms. Winfrey said in a statement that she had urged Mr. Romney to run, but not with her.“In November 2019, Ms. Winfrey called Senator Romney to encourage him to run on an independent ticket,” the statement said. “She was not calling to be part of the ticket and was never considering running herself.”Mr. Coppins’s book was based on hours of interviews with Mr. Romney, as well as emails, texts and journals that the senator had been saving to potentially write a memoir. Realizing he could not be objective about himself, Mr. Romney has said he chose to have a journalist write about him instead.Ms. Winfrey’s interest in forming an independent ticket with Mr. Romney, which was reported on Monday by Axios, is among several dishy items from the book, which is to be released on Oct. 24.She has known the Romneys since 2012, when she interviewed them at their lakeside home in New Hampshire as Mr. Romney was running for president. Ms. Winfrey had also seen Ms. Romney at various social events, and was “especially fond” of her, according to the book.On the phone with Ms. Romney, Ms. Winfrey explained that Michael Bloomberg, the former New York City mayor, was preparing to enter the race and had approached her about joining his ticket. Before she decided, she wanted to gauge Mr. Romney’s interest.She doubted that Joseph R. Biden Jr. or Pete Buttigieg could beat Mr. Trump and was “certain” that Senator Elizabeth Warren of Massachusetts could not, according to the book.Ms. Romney responded that her husband would not run for president in 2020, either as a Republican or as an independent, Mr. Coppins writes. Mr. Romney also politely batted down the idea, according to the book.An aide to Mr. Bloomberg declined to comment.Ms. Winfrey has at times been mentioned as a potential presidential candidate herself.In 2018, after she delivered a rousing speech at the Golden Globes, some were clamoring for her to run. But she told “60 Minutes Overtime” that she would not become a candidate in 2020 even though “I had a lot of wealthy men calling, telling me that they would run my campaign and raise $1 billion for me.”“I am actually humbled by the fact that people think that I could be a leader of the free world, but it’s just not in my spirit,” she said. “It’s not in my DNA.”Mr. Romney, 76, recently announced that he would not seek re-election in 2024, saying he wanted to make way for a “new generation of leaders.” He strongly suggested that Mr. Trump and President Biden should also bow out, arguing that neither was effectively leading his party to confront the “critical challenges” the nation faces. More

  • in

    Biden Campaign Elevates a New Super PAC to Help 2024 Re-election Bid

    The president and his advisers are elevating a new super PAC, Future Forward, as their leading outside group to rake in cash from his wealthiest benefactors.President Biden and his advisers are elevating a new outside group as the leading super PAC to help re-elect him in 2024, making it the top destination for large sums of cash from supportive billionaires and multimillionaires.The blessing of the group, Future Forward, is a changing of the guard in the important world of big-money Democratic politics. Since the 2012 election, a different group, Priorities USA, has been the leading super PAC for Democratic presidential candidates.“In 2020, when they really appeared from nowhere and started placing advertising, the Biden campaign was impressed by the effectiveness of the ads and the overall rigorous testing that had clearly gone into the entire project,” Anita Dunn, a senior White House adviser to Mr. Biden, said of Future Forward. The group, she added, had “really earned its place as the pre-eminent super PAC supporting the Biden-Harris agenda and 2024 efforts.”On Friday, Mr. Biden’s campaign also announced a combined fund-raising total of more than $72 million for the second quarter alongside the Democratic National Committee and their joint fund-raising committee, a figure far greater than what Donald J. Trump raised. Future Forward has raised $50 million so far this year, the group said.Federal candidates cannot legally coordinate campaign strategy with super PACs, but officials in both parties have signaled their preferred entities for a decade. Super PACs can accept donations of unlimited size, unlike federal candidates, who must abide by contribution limits.Future Forward, which is led by Chauncey McLean, a former official on Barack Obama’s presidential campaigns, has kept a remarkably low profile for a super PAC that, along with an affiliated nonprofit arm, has raised nearly $400 million in the last five years.The group maintains a sparse website. Mr. McLean said that Future Forward had never sent out a news release trumpeting its activity, which has included producing more than 400 advertisements.“We keep a low profile because we’re just not the story, we’re just not important,” Mr. McLean said in a rare interview. “I just don’t see any reason for popping our head up. That’s not going to change.”The super PAC spent more than $130 million on what are known as independent expenditure ads in the 2020 race between Mr. Biden and Donald J. Trump. It was also a major spender in the midterm elections in three crucial battlegrounds: Arizona, Pennsylvania and Wisconsin.Mr. McLean, who is based in Seattle, said that the group planned to run “the largest presidential I.E. in history” and that his fund-raising goal was to collect “as much as humanly possible.”Ms. Dunn served as a consultant for Future Forward after Mr. Biden was inaugurated, according to her personal financial disclosure form. But she said she saw a key role in 2024 for other super PACs, including American Bridge, the party’s clearinghouse for opposition research, which also runs television ads.Ms. Dunn and other White House officials have attended American Bridge donor conferences this year. The shift away from Priorities USA has been telegraphed to donors for months, since before the group’s longtime leader, Guy Cecil, announced in March that he was stepping away. Priorities this spring announced a goal to spent $74 million on digital advertising in 2024.In a statement, Jennifer O’Malley Dillon, a White House deputy chief of staff and Mr. Biden’s 2020 campaign manager, said Future Forward had been “critical” in 2020 and would “again play a key role” in 2024.Unlike super PACs supporting Republican presidential candidates that have built on-the-ground organizations in early presidential nominating states, Future Forward will have a narrow focus on “research and advertising,” Mr. McLean said.Mr. Biden is dispatching Katie Petrelius, the finance director on his 2020 campaign and recently a White House aide, to Future Forward to help the group raise money.There are no immediate plans for Mr. Biden to headline any fund-raising events for the super PAC, but Ms. Dunn said such gatherings could occur in the future.Mr. Biden, like many Democrats in the party’s crowded 2020 presidential primary, initially resisted soliciting the support of a super PAC but backtracked in the fall of 2019, when his campaign was short on cash and needed more presence on the airwaves. (“To speak to the middle class, we need to reject the super PAC system,” Mr. Biden had said that April.)Both super PACs and nonprofit groups can accept unlimited donations, but only super PACs must disclose the names of their contributors. Future Forward’s largest disclosed contributor has been Dustin Moskovitz, a Facebook co-founder, who has given more than $50 million to the group since 2020.The group has also received millions of dollars from Stephen F. Mandel Jr., a Connecticut hedge fund manager; Karla Jurvetson, a California philanthropist; Eric Schmidt, the former Google executive; and Sam Bankman-Fried, the disgraced cryptocurrency exchange founder, who gave $5 million in October 2020.Mr. McLean said Future Forward would be “giving back any money associated with” Mr. Bankman-Fried. The group said it had also received $1.65 million from Mr. Bankman-Fried in its nonprofit arm. More

  • in

    Los ricos están más locos que tú y yo

    Robert F. Kennedy Jr. está delirando. Sus posturas son una mezcla de fantasías de derecha con remanentes del progresista que fue alguna vez: veneración al bitcoin, teorías de conspiración antivacunas, afirmaciones de que el Prozac ocasiona tiroteos masivos, oposición al apoyo estadounidense a Ucrania, pero además habla bien del seguro médico de pagador único. Si no fuera por su apellido, nadie le prestaría atención y, a pesar de ese apellido, tiene cero posibilidades de ganar la nominación presidencial demócrata.Sin embargo, ahora que la campaña de Ron DeSantis (con su lema: “Concienciados, inmigrantes, concienciados, ‘woke’”) parece estar derrapándose, de repente Kennedy está recibiendo el apoyo de algunos de los nombres más importantes de Silicon Valley. Jack Dorsey, fundador de Twitter, le dio su apoyo, mientras que otras figuras destacadas de la tecnología han organizado actos de recaudación de fondos en su nombre. Elon Musk, quien está en proceso de destruir lo que Dorsey construyó, fue su anfitrión en un evento en un Espacio de Twitter.Pero ¿qué nos dice todo esto sobre el papel de los multimillonarios de la industria tecnológica en la vida política moderna de Estados Unidos? Hace poco escribí sobre una serie de tech bros, algo así como hombres alfa de la tecnología, que se han convertido en truthers, quienes creen conocer la verdad, sobre la recesión y la inflación, y han insistido en que las noticias sobre la mejora de la economía son falsas (olvidé mencionar la declaración de Dorsey en 2021 de que la hiperinflación estaba “sucediendo”, ¿cómo va eso?). Lo que el pequeño auge de Kennedy en Silicon Valley muestra es que esto es en realidad parte de un fenómeno más amplio.Lo que parece atraer a algunos de los magnates de la tecnología a RFK Jr. es su gusto por llevar la contra, su contrarianismo: su desprecio por la sabiduría convencional y la opinión de los expertos. Así que antes de adentrarme en los aspectos específicos de los hombres de la tecnología de este momento político tan extraño, permítanme decir algunas cosas sobre llevar la contra.Un hecho triste pero cierto de la vida es que la mayoría de las veces, la sabiduría convencional y la opinión de los expertos están en lo correcto; sin embargo, puede que encontrar los puntos en los que se equivocan tenga grandes beneficios personales y sociales. El truco para conseguirlo consiste en mantener el equilibrio entre un escepticismo excesivo y una credulidad excesiva.Es muy fácil caer en el filo de la navaja en cualquier dirección. Cuando era un académico joven y ambicioso, solía reírme de los economistas mayores y aburridos cuya reacción ante cualquier idea nueva era: “Es banal, está mal y lo dije en 1962”. Estos días, a veces me preocupa haberme convertido en ese tipo.Por otra parte, como lo dice el economista Adam Ozimek, el contrarianismo reflexivo es una “droga que pudre el cerebro”. Quienes sucumben a esa droga “pierden la capacidad de juzgar a otros que consideran contrarios, se vuelven incapaces de distinguir las buenas pruebas de las malas, lo cual provoca un desapego total de la creencia que los lleva a aferrarse a modas contrarias de baja calidad”.Los hombres de la tecnología parecen ser en particular susceptibles a la podredumbre cerebral del contrarianismo. Su éxito financiero suele convencerlos de que son excepcionalmente brillantes, capaces de dominar al instante cualquier tema, sin necesidad de consultar a personas que realmente han trabajado duro para entender los problemas. Y en muchos casos, se hicieron ricos desafiando la sabiduría convencional, lo que los predispone a creer que ese desafío está justificado por dondequiera que se le mire.A esto hay que añadir el hecho de que una gran riqueza hace que sea demasiado fácil rodearse de personas que te dicen lo que quieres oír y validan tu creencia en tu propia brillantez, una suerte de versión intelectual del traje nuevo del emperador.Y si los hombres de la tecnología que llevan la contra hablan, es entre ellos. El empresario tecnológico y escritor Anil Dash nos dice que “es imposible exagerar el grado en que muchos directores ejecutivos de grandes empresas tecnológicas y capitalistas de riesgo se están radicalizando al vivir dentro de su propia burbuja cultural y social”. Llama a este fenómeno del capitalismo de riesgo, venture capitalism en inglés, “VC QAnon”, un concepto que me parece que ayuda a explicar muchas de las extrañas posturas adoptadas últimamente por los multimillonarios tecnológicos.Permítanme añadir una especulación personal. Pudiera parecer extraño ver a hombres de una inmensa riqueza e influencia creyéndose teorías de la conspiración sobre élites que dirigen el mundo. ¿No son ellos las élites? Pero sospecho que los hombres famosos y ricos pueden sentirse especialmente frustrados por su incapacidad para controlar los acontecimientos o incluso para evitar que la gente los ridiculice en internet. Así que en lugar de aceptar que el mundo es un lugar complicado que nadie puede controlar, son susceptibles a la idea de que hay conspiraciones secretas que los tienen en la mira.Aquí hay un precedente histórico. Viendo el descenso de Elon Musk, sé que no soy el único que piensa en Henry Ford, quien sigue siendo en muchos sentidos el ejemplo definitivo de empresario famoso e influyente y que también se convirtió en un teórico de la conspiración furibundo y antisemita. Incluso pagó la reimpresión de Los protocolos de los sabios de Sión, una falsificación que probablemente fue promovida por la policía secreta rusa (el tiempo es un círculo plano).En todo caso, lo que estamos viendo ahora es algo extraordinario. Podría decirse que la facción más alocada de la política estadounidense en este momento no son los obreros de gorra roja en los comedores; son los multimillonarios de la tecnología que viven en enormes mansiones y vuelan en jets privados. De cierto modo, es bastante divertido. Pero, por desgracia, esta gente tiene dinero suficiente para hacer mucho daño.Paul Krugman ha sido columnista de Opinión desde 2000 y también es profesor distinguido en el Centro de Graduados de la Universidad de la Ciudad de Nueva York. Ganó el Premio Nobel de Ciencias Económicas en 2008 por sus trabajos sobre comercio internacional y geografía económica. @PaulKrugman More

  • in

    The One Thing Trump Has That DeSantis Never Will

    Gov. Ron DeSantis of Florida is in a trap of his own devising. His path to the Republican presidential nomination depends on convincing Donald Trump’s base that he represents a more committed and disciplined version of the former president, that he shares their populist grievances and aims only to execute the Trump agenda with greater forcefulness and skill. But it also depends on convincing a G.O.P. elite grown weary of Mr. Trump’s erratic bombast (not to mention electoral losses and legal jeopardy) that he, Mr. DeSantis, represents a more responsible alternative: shrewd where Mr. Trump is reckless; bookish where Mr. Trump is philistine; scrupulous, cunning and detail-oriented where Mr. Trump is impetuous and easily bored. In short, to the base, Mr. DeSantis must be more Trump than Trump, and to the donors, less.Thus far, Mr. DeSantis has had greater success with party elites. By pairing aggressive stances on the culture wars with free-market economics and an appeal to his own competence and expertise, Mr. DeSantis has managed to corral key Republican megadonors, Murdoch media empire executives and conservative thought leaders from National Review to the Claremont Institute. He polls considerably higher than Mr. Trump with wealthy, college-educated, city- and suburb-dwelling Republicans. Mr. Trump, meanwhile, retains his grip on blue-collar, less educated and rural conservatives. For the G.O.P., the primary fight has begun to tell an all-too-familiar story: It’s the elites vs. the rabble.Mr. Trump, for his part, appears to have taken notice of this incipient class divide (and perhaps of the dearth of billionaires rushing to his aid). In the past few weeks, he has skewered Mr. DeSantis as a tool for “globalist” plutocrats and the Republican old guard. Since his indictment by a Manhattan grand jury, Mr. Trump has sought to further solidify his status as the indispensable people’s champion, attacked on all sides by a conspiracy of liberal elites. While donors and operatives may prefer a more housebroken populism, it is Mr. Trump’s surmise that large parts of the base still want the real thing, warts and all.If his wager pays off, it will be a sign not just of his continued dominance over the Republican Party but also of something deeper: an ongoing revolt against “the best and brightest,” the notion that only certain people, with certain talents, credentials and subject matter expertise, are capable of governing.During his second inaugural speech in Tallahassee in January, Mr. DeSantis embraced the culture wars pugilism that has made him a Fox News favorite; he railed against “open borders,” “identity essentialism,” the “coddling” of criminals and “attacking” of law enforcement. “Florida,” he reminded his audience, with a favored if clunky applause line, “is where woke goes to die!”But the real focus — as with his speech at the National Conservatism conference in Miami in September — was on results (a word he repeated). Mr. DeSantis promised competent leadership; “sanity” and “liberty” were his motifs. For most of the speech, the governor sounded very much the Reaganite conservative from central casting. “We said we would ensure that Florida taxed lightly, regulated reasonably and spent conservatively,” he said, “and we delivered.”In general, Mr. DeSantis’s populism is heavy on cultural grievances and light on economic ones. The maneuvers that tend to endear him to the nationalist crowd — flying a few dozen Venezuelan migrants from Texas to Martha’s Vineyard, attempting to ban “critical race theory” at public colleges and retaliating against Disney for criticizing his “Don’t Say Gay” bill — are carefully calibrated to burnish his populist bona fides without unduly provoking G.O.P. elites who long for a return to relative conservative normalcy.Indeed, Republican megadonors like the Koch family and the hedge fund billionaire Ken Griffin appear to admire Mr. DeSantis in spite of the populist firebrand he periodically plays on TV. Mr. Griffin recently told Politico’s Shia Kapos he aims, as Ms. Kapos described it, to “blunt” the populism that has turned some Republican politicians against the corporate world. Mr. Griffin gave $5 million to Mr. DeSantis’s re-election campaign.Mr. DeSantis’s principal claim to being Mr. Trump’s legitimate heir, perhaps, is his handling of the Covid pandemic in Florida. Mr. DeSantis depicts his decision to reopen the state and ban mask mandates as a bold move against technocrats and scientists, denizens of what he calls the “biomedical security state.”But his disdain for experts is selective. While deciding how to address the pandemic, Mr. DeSantis collaborated with the Stanford epidemiologist Jay Bhattacharya (“He’d read all the medical literature — all of it, not just the abstracts,” Dr. Bhattacharya told The New Yorker) and followed the recommendations of a group of epidemiologists from Stanford, Harvard and Oxford who pushed for a swifter reopening. Mr. DeSantis’s preference for their recommendations over those of Dr. Anthony Fauci and the Centers for Disease Control and Prevention doesn’t signify a rejection of expertise as such, only an embrace of alternative expertise. Mr. DeSantis wanted to save Florida’s tourism economy, and he found experts who would advise him to do so.In reality, Mr. DeSantis is not against elites, exactly; he aims merely to replace the current elite (in academia, corporations and government) with a more conservative one, with experts who have not been infected, as Mr. DeSantis likes to say, by “the woke mind virus.” The goal is not to do away with the technocratic oligarchy, but to repopulate it — with people like Ron DeSantis.Earlier generations of American thinkers had higher aspirations. “The reign of specialized expertise,” wrote the historian Christopher Lasch in 1994, “is the antithesis of democracy.” In the 19th century, European visitors were impressed (and unnerved) to find even farmers and laborers devouring periodicals and participating in the debating societies of early America. The defining feature of America’s democratic experiment, Mr. Lasch insisted, was “not the chance to rise in the social scale” but “the complete absence of a scale that clearly distinguished commoners from gentlemen.”Twentieth-century capitalism, Mr. Lasch thought, had resulted in a perilous maldistribution of intelligence and competence; experts had usurped governance, while the value of practical experience had plummeted.Mr. Lasch briefly came into vogue among conservatives during the Trump years, but they never grasped his central claim: that generating equality of competence would require economic redistribution.In his 2011 book, Mr. DeSantis railed against the “‘leveling’ spirit” that threatens to take hold in a republic, especially among the lower orders. His principal target in the book is “redistributive justice,” by which he apparently means any effort at all to share the benefits of economic growth more equitably — whether using government power to provide for the poor or to guarantee health care, higher wages or jobs.The essential ingredients of his worldview remain the same. Mr. DeSantis has adopted a populist idiom, but he has no more sympathy now than he did 12 years ago for the “‘leveling’ spirit” — the ethos of disdain for expertise that Mr. Trump embodied when he burst onto the national political stage in 2015. In fact, Mr. DeSantis’s posture represents a bulwark against it: an effort to convince G.O.P. voters that their enemies are cultural elites, rather than economic ones; that their liberty is imperiled, not by the existence of an oligarchy but by the oligarchs’ irksome cultural mores.Mr. DeSantis has honed an agenda that attacks progressive orthodoxies where they are most likely to affect and annoy conservative elites: gay and trans inclusion in suburban schools, diversity and equity in corporate bureaucracies, Black studies in A.P. classes and universities. None of these issues have any appreciable impact on the opportunities afforded to working-class people. And yet conservative elites treat it as an article of faith that these issues will motivate the average Republican voter.The conservative movement has staked its viability on the belief that Americans resent liberal elites because they’re “woke” and not because they wield so much power over other people’s lives. Their promise to replace the progressive elite with a conservative one — with men like Ron DeSantis — is premised on the idea that Americans are comfortablewith the notion that only certain men are fit to rule.Mr. Trump, despite what he sometimes represents, is no more likely than Mr. DeSantis to disrupt the American oligarchy. (As president, he largely let the plutocrats in his cabinet run the country.)Few politicians on either side appear eager to unleash — rather than contain — America’s leveling spirit, to give every American the means, and not merely the right, to rule themselves.To break through the elite standoff that is our culture war, politicians must resist the urge to designate a single leader, or group of leaders, distinguished by their brilliance, to shoulder the hard work of making America great. It would mean taking seriously a proverb frequently quoted by Barack Obama, but hardly embodied by his presidency: that “we are the ones we’ve been waiting for.” It would also mean, to quote a line from the Scottish essayist Thomas Carlyle favored by Christopher Lasch, that the goal of our republic — of any republic — should be to build “a whole world of heroes.”Sam Adler-Bell (@SamAdlerBell) is a writer and a co-host of “Know Your Enemy,” a podcast about the conservative movement.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More