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Critics: âDestructiveâ Supreme Court decision âempowers corruptionâ
Posted: Jan 22, 2010
Thursday, January 21st, 2010 -- 12:17 pm
Republicans say 'freedom won,' liberal jokes real winner is Satan
Update: Obama vows 'forceful response'
The US Supreme Court on Thursday lifted a 20-year ruling which had set limits on campaign financing by US businesses, and critics, including nonpartisan watchdogs and Congressional Democrats, are up in arms about the decision, which most had feared for a long time. Meanwhile, aside from Senator John McCain (R-AZ), Republicans appear to be gleeful about their second apparent victory of the week.
The nine justices ruled that American corporations could dip freely into their general funds to finance campaign ads either in support or against a particular political candidate.
The move overturns a ruling made two decades ago which had forced companies to only use specially earmarked funds from a political action committee.
There is much, much more of this article that was not copy and pasted. The remainder can be found at:
http://rawstory.com/2010/01/critics-destructive-supreme-court-decision-empowers-corruption/
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One correction Nikki, four justices for against and five....sm - oldtimer
[ In Reply To ..]for lifting the ruling, strictly along party lines. Oh my! This is so transparently wrong! There are limits on what individuals can contribute to a campaign but no limits for large cooporations even if they are foreign owned? Is that true? I heard that Budweiser is no longer American owned but the cooporation would be allowed to contribute to a political campaign. I sincerely hope I have this all wrong. If not, I think I must be in the land of Oz!
Ben Ginsberg envisions Wild Wild West in a post Dem GOP - campaign landscape
[ In Reply To ..]Congrats to GOP on their latest victory in support of a power grab that may well result in their own annihilation. Can't attack this source, legal counsel for W's campaign.
A changed political world: Yesterday, GOP lawyer Ben Ginsberg distributed a fascinating analysis of what the Supreme Court's big campaign-finance decision means. One, he said, itis going to place political candidates at a significant disadvantage to corporations and organized labor. Controlling the issues they want to run on will become a real challenge, as will having sufficient funds to portray their positions and images. Two, it could lead to the extinction of America's political parties. With the limits on the amounts and sources of funds they can accept, the parties will be bit players compared to outside groups that can now conduct those core functions with unlimited funds from any source. Three, it's going to benefit wealthy individuals, leading to a number of new outlets who can carry the messages that these donors have wanted carried. Four, it will render 527s obsolete. And five, it's going to be good for the ad-makers and TV networks.
http://firstread.msnbc.msn.com/archive/2010/01/22/2182939.aspx?p=1
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