A recent Supreme Court decision overturned a 20 year precedent saying that corporations could not pay for campaign ads from their general treasuries and struck down a law saying corporations couldn't buy "issue ads," negative ads supporting candidates in all but their names, most commonly devoting scads of money in the very last days of closely held campaigns.
Due to this decision, corporations can unleash multi-million dollar assaults on targeted issues and candidates, especially those battling against special interest groups, or they can infuse campaigns with untold monetary resources to the candidate(s) of their choosing. With virtually no limits on their spending, groups such as Big Oil, health insurance companies and Wall Street banks (GOP's best friends) will try to drown out the voices of everyday Americans...much to the advantage of the Republican party.
2 comments:
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About time this dumb law was overturned!
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Quiet in the peanut section!
This law protected us from massive infusions of money from corporations and unions to try and control the outcome of our elections which should be the voice of the people.
If the American people were more than illiterate sheep who get their knowledge one sound byte at a time, it would not be such a threat.
We need to take the money out of our elections, and congress. We have taken three steps back by repealing this law.
Chief Justice Roberts has invoked his conservative agenda to insure the country is run by large corporations, unions and the ultra affluent.
If James Stewart were still alive, Mr. Smith wouldn't have a snowballs chance in hell of getting to the Senate.
An honest man will never have a chance. Only ones who will, will be the candidates who have sold their souls to the banks, unions, large corporations, and financial institutions.
If this is way we should be going, let's have ten seats in the senate for the CEO's of the large corporations, and eliminate the middlemen!
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