Showing posts with label Citizens United V. Federal Election Commission. Show all posts
Showing posts with label Citizens United V. Federal Election Commission. Show all posts

October 7, 2010

Citizens United v democracy



Corporate entities are not human beings: they do not eat, breathe, live, nor die. Neither do they have any overriding ethical or moral commitments. They are artificial constructs with only the legal mandate – their sole purpose of existence – to increase profit. What the Citizens United ruling by the Supreme Court effectively granted last January was the unlimited potential of corporations, whether they be General Motors, Fox News, Freedom Works, or labor unions, to spend as much money on elections as “they” choose.

Over the several months since the ruling was decided, as reported by NY Times, we have seen numerous small to medium size companies, “mainly on the Republican side…jumping in” to contribute huge sums of cash via various 501 organizations which enable them to do so without having to disclose individual donors. For example, $400,000 was given by American Financial Group directly to Karl Rove’s campaign spending group, American Crossroads GPS, a contribution that would not have been possible prior to Citizens United. And together, with its close affiliate American Crossroads which is not a 501, (and incidentally received 91% of $2.6 million from just three individuals in the month of August alone,) American Crossroads GPS is expected to spend more than $50 million this fall on elections.

Plutocracy works, sure. But if you think these efforts have been bi-partisan, think again. As reported by Politico, as of 9/24/2010, 

pro-Republican organizations had paid for a total of $23.6 million worth of ads compared to $4.8 million for Democratic-aligned groups. And it's only going to get worse: Over the next four weeks, GOP groups have $9.4 million worth of TV ads reserved across 40 districts compared to $1.3 million in five districts for Democratic groups.

“And the future?” asks Kevin Drum from Mother Jones. “Probably worse. Big publicly traded companies may still be staying on the sidelines this year to see how things shake out, but that's not likely to last.”


January 26, 2010

Democracy Blues


“Democracy is dead!” let us cry, let us shout,
Democracy ist tott, let us whale, let it out.   
Our North, our South, our East and West,
Our working week and Sunday rest,
It’s dead, “its deeeaaaaad!!!” in theory and in deed,
Our noon, our midnight, our talk, and our lead.
So let airplanes and fighter jets, and even a drone
Go moaning way up high, yes, and make known,
By scrawling on the sky, “You suckers ain’t seen nothin’ yet!”  

Not exactly Auden.
But consider the latest Supreme Court ruling, Citizens United v. Federal Election Commission, as the last nail in the coffin. As pointed out by The Center for Public Integrity, the still-existing ban on foreign involvement in political advertising and elections does not refer to corporations operating within the US but are controlled by those who are overseas. “With the corporate campaign expenditure ban now being declared unconstitutional,” says J. Gerald Hebert, executive director and director of litigation at the non-partisan Campaign Legal Center, “domestic corporations controlled by foreign governments or other foreign entities are free to spend money to elect or defeat federal candidates.” As Greg Palast writes, “there is nothing that stops, say, a Delaware-incorporated handmaiden of the Burmese junta from picking a Congressman or two with a cache of loot masked by a corporate alias.” The implications of what Palast refers to as the “hidden money funding, whether foreign or domestic” unleashed by the Court’s 5-4 decision means that foreign investors, like the Chinese, who hold mortgages on our Treasury will raise alarm about the costs of government spending, and have a direct inroad into buying the White House and Congress for opponents to government spending.

November 6, 2009

everybody knows that the captain lied...



From Reuters, Nov. 5, 2009
"New York City health officials scrambled to explain themselves on Thursday in the wake of media reports about bankers who got scarce H1N1 flu vaccines through their employers."