• Home
  • Memo
    • Past Memo Archives
    • Podcast (iTunes)
    • RSS Feed
  • Roy H. Williams
    • Private Consulting
    • Public Speaking
    • Pendulum_Free_PDF
    • Sundown in Muskogee
    • Destinae, the Free the Beagle trilogy
    • People Stories
    • Stuff Roy Said
      • The Other Kind of Advertising
        • Business Personality Disorder PDF Download
        • The 10 Most Common Mistakes in Marketing
          • How to Build a Bridge to Millennials_PDF
          • The Secret of Customer Loyalty and Not Having to Discount
          • Roy’s Politics
    • Steinbeck’s Unfinished Quixote
  • Wizard of Ads Partners
  • Archives
  • More…
    • Steinbeck, Quixote and Me_Cervantes Society
    • Rabbit Hole
    • American Small Business Institute
    • How to Get and Hold Attention downloadable PDF
    • Wizard Academy
    • What’s the deal with
      Don Quixote?
    • Quixote Wasn’t Crazy
      • Privacy Policy
      • Will You Donate A Penny A Wedding to Bring Joy to People in Love?

The Monday Morning Memo

   
    Let’s Talk Politics

Academic studies of voter behavior indicate that “most voters decide on incumbents based largely on a retrospective judgment of the economic situation during the last year or so.” We talk about principles and values and ideologies but most of us vote our pocketbook.
* quote taken from The New Yorker, June 18, 2012, p. 54

   Wanna talk some more about pocketbooks and politics?
 
Talk is cheap. Running for office isn’t. In the 2010 election cycle, just 
26,783 Americans – that’s less than one percent of one percent of our population – gave $10,000 or more to support candidates for public office.

In other words, the total number of voters who gave $10,000 or more would fill only two-thirds of the 41,222 seats at Nationals Park, the baseball field two miles from the U.S. Capitol.

These 26,783 are the people who have access to government. These are the people whose voices are heard. These are the people calling the shots. “Unlike the other 99.99% of Americans who do not make these contributions, these elite donors have unique access. In a world of increasingly expensive campaigns, The One Percent of the One Percent effectively play the role of political gatekeepers.”
* from The Political One Percent of the One Percent by Lee Drutman, Dec. 13, 2011

Most people say, “I’d give if I had any money, but I don’t.” But the evidence indicates otherwise. Fully one third of America’s net worth is controlled by the wealthiest one percent of our population. But the dollars that control Congress aren’t coming from one percent of the population; they’re coming from one one-hundredth of one percent. In other words, 99 percent of the top one percent is choosing to contribute nothing but their own yap-yap-yap.

I remember a little Pekingese dog who sat on a grandmother’s porch and said bark-bark-bark. Bark-bark-bark. But he was never gonna bite anybody. He just liked to bark.

Email Newsletter

Sign up to receive the Monday Morning Memo in your inbox!

Download the PDF "Dictionary of the Cognoscenti of Wizard Academy"

Random Quote:

“Occasionally a 17 year old will write, asking for entrepreneurial or business advice. Oftentimes they’re early bloomers and already have something going on. Others are chomping at the bit once they get out of high school. It’s great to hear from them. But my advice is generally that they don’t need advice. You don’t need advice at 17. You need experiences. You don’t need to be told what to do, you need to be told to do. Now, that in itself could be construed as advice, but it’s really not meant as that. It’s anti-advice, if anything. Don’t listen. You’ll learn out there, not in this email. At 17 you have more time than you’ll ever have to just fuck around and find out. Anything else is just getting in the way. There’s no unlock, no sage advice from some oldster that’s going to make a lick of difference at 17. The doing, and the self-discovery, will give you all the advice you need until you really hit a point where the stakes matter and the right suggestion could mean everything. Until then, wander. Be 17.”

- Jason Fried, May 1, 2024, on Twitter (I refuse to call it X) Sent to us by Jeffrey Eisenberg

The Wizard Trilogy

The Wizard Trilogy

More Information

  • Privacy Policy
  • Wizard Academy
  • Wizard Academy Press

Contact Us

512.295.5700
corrine@wizardofads.com

Address

16221 Crystal Hills Drive
Austin, TX 78737
512.295.5700

The MondayMorningMemo© of Roy H. Williams, The Wizard of Ads®