The United States of Political Corruption
If you thought it was bad before, you haven’t seen anything yet.
Supreme Court Removes Limits on Corporate, Labor Donations to Campaigns
In a stunning reversal of the nation’s federal campaign finance laws, the Supreme Court ruled 5-4 Thursday that free-speech rights permit groups like corporations and labor unions to directly spend on political campaigns, prompting the White House to pledge “forceful” action to undercut the decision.
In a written statement, President Obama said the high court had “given a green light to a new stampede of special interest money in our politics.” He called it a “major victory” for Wall Street, health insurance companies and other interests which would diminish the influence of Americans who give small donations. Obama pledged to “work immediately” with Congress to develop a “forceful response.”
“The public interest requires nothing less,” Obama said.
Sure the Thief in Charge would say that.
Feingold issued a statement that notes the decision does not overturn the ban on soft money donations to political parties, which can then distribute cash to candidates.
“But this decision was a terrible mistake,” he said. “This court has just upended that prohibition, and a century’s worth of campaign finance law designed to stem corruption in government. The American people will pay dearly for this decision when, more than ever, their voices are drowned out by corporate spending in our federal elections.”
One wonders how the liberals will view this, seeing as anything corporate makes their heads explode.
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