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A System That Rewards Just Those Who Flash
Cash Is Bankrupt
The push for 'soft money' is eroding the political participation of
immigrants and ordinary Americans.
By MANSOOR IJAZ
The race by
Republicans and Democrats to fill campaign coffers with "soft money,"
about $50 million of it in two nights alone in May, threatens to drown out
the voices of America's most recent immigrants who simply cannot afford to
participate in our new high-dollar, pay-for-play democracy.
For seven years, I have sought to
include and empower a broad range of American Muslims in our political
discourse at a reasonable price, bearing a bulk of the high-dollar burden
myself. But as an American-born son of Pakistani immigrants whose Wall
Street fortune fueled this big-money game, I am deeply concerned that my
own largess perhaps irretrievably has weakened our less wealthy but
equally articulate community voices. The cause: the high expectation value
my political giving--and that of other wealthy emigres--has created for
their political participation. Rather
than building a base of voter support and other institutionalized
mechanisms to practice democracy, wealthy immigrants have concentrated
efforts on using big money to gain access to the inner sanctum of U.S.
politics and policymaking--with little meaningful effect. Rather than
pioneering a pathway for the masses to participate and showing them the
value of their voices being heard, big-money activism has disintegrated
into shouting matches over who should be allowed to host what headline
politician where and for how much. Not only have important issues taken a
sideline, but when issues are raised, wealthy contributors dominate the
debate with fractured and dubious causes from faraway lands that have
little to do with the assimilation process that average immigrants must go
through just to survive. Sadly, my
political activities increasingly may demonstrate how not to participate
in what should be a democracy of the people, by the people and for the
people. I was drawn into American
politics by President Clinton in 1993 when, at my first fund-raiser, he
urged Americans to find ways of including and empowering America's
"underclass"--those people at the entry level of our country's economic,
social and political spectrum who, having tried to gain a foothold in
society, were simply not able to participate because the barriers to entry
were so great. New immigrants, it seemed
to me, were the ideal embodiment of this political thesis. So I decided to
get involved. Inspired by that night, I have either given or raised
$920,000 from 37 fund-raisers with as many as 500 people all across the
United States. I did so primarily under the tutelage of Democrats, because
their racial, religious and ethnic inclusion in American diversity
appealed to my sense of equality and justice.
But the more I gave, the more they
wanted. And they wanted more because our political system had left them
with few choices. It has run amok with the plethora of moneyed interests
that landed on these shores before my parents. My voice has certainly been
heard, but the voices of those who did not give as much or as often have
not. Rather than using my financial
shoulders to empower those less fortunate in our communities and draw them
into our democratic culture, our political operatives seized upon my
networking and outreach to fill the system with ever-increasing amounts of
soft money--given to parties and causes rather than to specific
candidates. In the process, they brought in immigrants whose political
ideas represented personal agendas and oversized egos rather than
meaningful activism. Here is one recent
example of how the race for money has priced new immigrants out of the
market: My wife and I were to host a fund-raiser for Vice President Al
Gore under the banner of Gore 2000, with 100 guests, mostly new
immigrants, each giving the legal maximum of $1,000. But the event was
postponed in order to raise a much larger sum ($500,000) of soft money
from the same guest list under the banner of the Democratic National
Committee. Proceeds would have been used to buy television time for
"issue" commercials. Not only could many
of these new entrants not afford to attend, but many scolded me for
exacerbating what they clearly saw as the corrosion of American democracy.
Perhaps their political experiences from back home were voices we all
needed to hear. One Pakistani American friend asked me what the difference
was between a Pakistani feudal landlord buying votes in his local district
and an American politician buying votes with soft money "infomercials." I
had no rational answer. Immigrant
renewal is an underpinning of America's greatness. Losing touch with new
immigrants and their fresh ideas for how we reshape our democracy is a
recipe for disaster. I for one no longer will make any soft money
contributions, either personally or from any of my companies.
Perhaps the destruction to America's
political fabric caused by superstar fund-raising and its sleazy
byproducts can be avoided. Certainly, a political culture that rewards
those who flash their cash and forgets ordinary Americans while telling
voiceless immigrants they need to participate is in need of urgent repair.
- - - Mansoor Ijaz Is Chairman of Crescent Equity
Partners, a New York Investment Firm
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