Latest / Earn Your Leisure / Who Really Runs Politics: Understanding Super PACs
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- 0:01Speaker 1: Earners. What's up.
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- 1:04Speaker 2: can keep pushing your vision forward. This episode is brought
- 1:10Speaker 2: to you by P and C Bank, a lot of
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- 1:51Speaker 3: I want to talk about, you know, what this political
- 1:55Speaker 3: funding situation really is and who's really moving a needle
- 2:00Speaker 3: because they put they put thirty million on you, right.
- 2:06Speaker 1: Yeah, I was.
- 2:10Speaker 2: I was taken aback by that. I was telling the
- 2:12Speaker 2: guys right before the shows they have an ad that's
- 2:15Speaker 2: attacking to more bollmen. I'm like, that's the friend of
- 2:17Speaker 2: the show.
- 2:17Speaker 3: So all right, they put they put they put thirty
- 2:20Speaker 3: million on you. So what does this mean? Break this
- 2:22Speaker 3: down and layman term for the people to understand, you know,
- 2:27Speaker 3: how big money is really influencing elections.
- 2:33Speaker 1: No, absolutely, especially in congressional elections. So one quick point
- 2:38Speaker 1: of clarification, the election is not weeks away, it's actually
- 2:42Speaker 1: days away. So the first day of early voting is
- 2:46Speaker 1: this Saturday. So that's Saturday, June fifteenth, literally six days away,
- 2:52Speaker 1: and so we're treating the first day of early voting
- 2:54Speaker 1: as as election day. So please get out there and
- 2:58Speaker 1: vote everyone who's watching. So, when you run for office
- 3:02Speaker 1: at any level, you got to raise money to run
- 3:05Speaker 1: your campaign. So that money goes towards paying staff, it
- 3:10Speaker 1: goes towards getting flyers and palm cards, posters, banners, mailers
- 3:16Speaker 1: to people's homes, advertisement, it goes to a variety of things.
- 3:21Speaker 1: When you run for Congress, the most that someone can
- 3:24Speaker 1: donate to your campaign it's thirty three hundred dollars for
- 3:28Speaker 1: the primary and another thirty three hundred for the general
- 3:32Speaker 1: if you win the primary. But there are organizations that
- 3:37Speaker 1: work outside of your campaign that are called super packs
- 3:43Speaker 1: and cfors. Those c fours can raise an unlimited amount
- 3:48Speaker 1: of money. They do not have to publicly disclose who
- 3:53Speaker 1: gives them money, and then they can operate on the
- 3:57Speaker 1: campaign's behalf and or give that money to super packs,
- 4:03Speaker 1: which operate on the campaign's behalf. So in my race,
- 4:08Speaker 1: when you talk about that thirty million dollar number, most
- 4:11Speaker 1: of that is coming from the C four and the
- 4:14Speaker 1: superpack that is being spent on behalf of the person
- 4:19Speaker 1: who is running against me. That is not his campaign money.
- 4:23Speaker 1: His campaign money can be anywhere from like a couple
- 4:26Speaker 1: million dollars most likely, right, usually a couple million dollars,
- 4:30Speaker 1: and he spends that for flyers and mailers and ads.
- 4:33Speaker 1: But then if you have a C four or superpack
- 4:36Speaker 1: that is well endowed, they can spend money on his behalf,
- 4:40Speaker 1: which is what's happening in this race. Most of that
- 4:44Speaker 1: thirty million is happening from the superpack side of it.
- 4:49Speaker 1: And this is more money than they have ever spent
- 4:52Speaker 1: in their history. And I'm speaking specifically about the group
- 4:55Speaker 1: A PAC.
- 4:56Speaker 3: So, okay, so let's get let's get straight to the point.
- 5:00Speaker 2: Yeah, I think he said today though, so.
- 5:02Speaker 3: Well, Nate, So a pack, Yes, who is a pack?
- 5:07Speaker 3: For the audience, and why would a pack spend thirty
- 5:13Speaker 3: million allegedly, why would APEX spend thirty million dollars to
- 5:21Speaker 3: defeat Jamaal Bowman?
- 5:24Speaker 1: Yes, so APAC stands for and I want to get
- 5:28Speaker 1: this right. The American Israel Public Affairs Committee, they are
- 5:34Speaker 1: one issue organization Israel. They support the State of Israel,
- 5:40Speaker 1: and their lobbying in Congress goes to ensure that Israel
- 5:45Speaker 1: continues to receive three point eight billion dollars a year
- 5:50Speaker 1: in military funding and whatever additional billions or money they
- 5:55Speaker 1: need for whatever it is that they want to do.
- 5:58Speaker 1: That's who APAC is. They are targeting me and spending
- 6:02Speaker 1: so much money against me because I called for a
- 6:06Speaker 1: permanent ceasefire in Gaza and because I'm calling out and
- 6:10Speaker 1: fighting to end the genocide and the famine that is
- 6:14Speaker 1: happening in Gaza. They are not used to members of
- 6:18Speaker 1: Congress criticizing Israel or speaking up against APAK. Now that
- 6:24Speaker 1: they have members of Congress doing that, they are targeting
- 6:28Speaker 1: those members of Congress and targeting other people around the country.
- 6:32Speaker 1: So they don't just fund congressional races, they fund state races,
- 6:37Speaker 1: county races, local races, et cetera. They've been around for
- 6:40Speaker 1: sixty years advocating for Israel and Israel only, and they've
- 6:47Speaker 1: pledged to spend one hundred million dollars this election cycle.
- 6:51Speaker 1: But the majority of that going towards your boy, Congressman Bowmen.
- 6:59Speaker 2: Of what they're going to know is they're willingending you,
- 7:02Speaker 2: which is and I mean when we talk about wealth
- 7:04Speaker 2: and will have a conversation with that, I'm sure, But
- 7:07Speaker 2: we don't have super PACs. And that's something that we've
- 7:08Speaker 2: had plenty of conversations about even educating people on what
- 7:11Speaker 2: they are, how to form them, and how to figure
- 7:13Speaker 2: out what exactly they'll be for. Right, we need to
- 7:16Speaker 2: know the things that we want. When you hear those
- 7:18Speaker 2: type of numbers, thirty million, which is a lot of
- 7:20Speaker 2: money to be spending on the capital on a local well,
- 7:23Speaker 2: we could not a local election, but a regional election, right, right?
- 7:27Speaker 2: How do you combat that?
- 7:28Speaker 1: Is it?
- 7:29Speaker 2: Hey? I need to raise more. We have to become
- 7:31Speaker 2: strategic because I've seen their ads every morning. I see
- 7:34Speaker 2: your ads too, right, I love I love like when
- 7:36Speaker 2: it's like you're going back to the schools and education
- 7:38Speaker 2: is part of the campaign. How do you combat that? Like,
- 7:40Speaker 2: what's the strategy to run against somebody that seems to
- 7:44Speaker 2: have capital that's almost pretty extensive I want to say unlimited,
- 7:48Speaker 2: but very extensive.
- 7:49Speaker 1: Yeah, No, just to give you some more context before
- 7:52Speaker 1: I answer your question. So, they spent ten million on
- 7:56Speaker 1: ads within a four week period, just a couple of
- 8:00Speaker 1: weeks ago. That is more money than President Biden has
- 8:04Speaker 1: spent on broadcasts all year. So literally within a four
- 8:10Speaker 1: week period, they were trying to bombard people with the
- 8:13Speaker 1: message that they wanted to send out about my record,
- 8:16Speaker 1: which is complete misinformation and disinformation and propaganda, not accurate
- 8:21Speaker 1: at all. But that gives you an idea. Comparing it
- 8:26Speaker 1: to President's Biden overall spending for the year, it's not
- 8:29Speaker 1: even close, and so you can't compete with them dollar
- 8:34Speaker 1: for dollar. But what you can do is you can
- 8:36Speaker 1: have an incredible field operation and ground game that literally
- 8:42Speaker 1: goes door to door. And so for us, we spend
- 8:46Speaker 1: a lot of time and effort on our field operation.
- 8:50Speaker 1: We spend money on field to make sure we are
- 8:52Speaker 1: knocking doors in particular areas. But then we also have
- 8:56Speaker 1: an incredible volunteer army of at least that volunteers who
- 9:01Speaker 1: are making tens of thousands of calls and knocking tens
- 9:04Speaker 1: of thousands of doors every few days. And so that's
- 9:07Speaker 1: how you combat it. They got money, we got people.
- 9:11Speaker 1: This is the many versus the money, and most of
- 9:14Speaker 1: the district supports my policies as it relates to Gaza.
- 9:19Speaker 1: For example, they support the permanencies fire, They support you know,
- 9:23Speaker 1: me wanting to fight to bring that three point eight
- 9:25Speaker 1: billion dollars back here to help people with you know,
- 9:29Speaker 1: entrepreneurship opportunities, affordable housing, affordable childcare, fully funding schools, et cetera,
- 9:34Speaker 1: et cetera. Most of the American people are with us.
- 9:38Speaker 1: The challenge is they have all the money, and they
- 9:41Speaker 1: also have media infrastructure in place where they can, you know,
- 9:45Speaker 1: quickly pivot and weaponize something I said or did against
- 9:49Speaker 1: us as well, which is part of what they're doing
- 9:51Speaker 1: during this campaign.
- 9:54Speaker 4: With hindsight being twenty twenty, do you regret making some
- 9:56Speaker 4: of the statements that you did and maybe that could
- 9:59Speaker 4: have prevented the attack. Do you feel as if, no
- 10:01Speaker 4: matter what was stated, they were going to attack you
- 10:04Speaker 4: through media.
- 10:05Speaker 1: Yeah, and no, I don't regret it at all. I'm
- 10:08Speaker 1: not in Congress to be comfortable or to be quiet,
- 10:12Speaker 1: not in Congress to just go along and get along.
- 10:16Speaker 1: If I'm not there fighting for justice like racial justice,
- 10:20Speaker 1: economic justice, adjust foreign policy, then you know I'm not
- 10:26Speaker 1: supposed to be there. If I'm not there fighting for
- 10:27Speaker 1: those things. So no, I don't. I don't regret it
- 10:30Speaker 1: at all. And as a matter of fact, in my opinion,
- 10:32Speaker 1: this is exactly what we needed to be doing at
- 10:36Speaker 1: this time. This is an example of us carrying on
- 10:39Speaker 1: the legacy of our ancestors who fought and died for
- 10:43Speaker 1: everything from the end of slavery to the end of
- 10:46Speaker 1: Jim Crow to the Voting Rights Act, the Civil Rights Act.
- 10:49Speaker 1: I mean, look at what happened during the sixties with
- 10:52Speaker 1: so many martyrs, Doctor King, Malcolm X Mega Evers, and
- 10:56Speaker 1: so many others, you know, And so this is kind
- 10:58Speaker 1: of my responsibility, I think, as you know, not just
- 11:03Speaker 1: a black man in Congress, but a certain type of
- 11:05Speaker 1: black consciousness in Congress. You know, I'm supposed to be
- 11:08Speaker 1: doing this, and I actually take it as a badger
- 11:11Speaker 1: honor that they're spending more money than they ever spend
- 11:14Speaker 1: history to get me out of office.
- 11:17Speaker 3: So let me ask you this. Okay, So three points
- 11:23Speaker 3: eight billion, you said, goes to Israel.
- 11:25Speaker 1: Three point eight billion a year plus plus let me
- 11:29Speaker 1: just add real quick before you asked your question. Plus whenever,
- 11:32Speaker 1: like whenever something occurs out of the ordinary, a pac
- 11:38Speaker 1: writes a bill for Congress to appropriate more money for Israel.
- 11:44Speaker 1: So during my first term we annually, no matter what,
- 11:48Speaker 1: if everything's quiet, calm, three point eight billions already earmarked.
- 11:52Speaker 1: But my first term, Hama sent rockets to attack Israel
- 11:57Speaker 1: and Israel had to use some of this I am
- 11:59Speaker 1: don't defense resources. And right after that, Apak wrote a
- 12:04Speaker 1: bill so that we could send an additional billion to
- 12:07Speaker 1: Israel on top of the three point eight billion. Right now,
- 12:10Speaker 1: with the attacks happening in Gaza right now, we just
- 12:15Speaker 1: passed a bill of sending an additional fourteen billion into Israel,
- 12:21Speaker 1: almost like to help them re up their military resources
- 12:25Speaker 1: after this conflict, so that whenever they need it, we
- 12:29Speaker 1: got it. That's how it goes.
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