perseus
Active member
A depressing decision which hopefully can be overturned
http://www.desmogblog.com/when-corporations-rule-world-thanks-supreme-courtWhen Corporations Rule The World (thanks to the Supreme Court)
the Supreme Court has granted corporations even further unfettered access to destroy the fundamental Constitutional protections against corporate control of government.
Corporations, Wall Street and other special interests can now spend as much as they want on commercials and literature to call for the victory or defeat of federal political candidates. Unlike previously acceptable “issue ads,” candidates can now be mentioned by name, as long as there’s no coordination with the candidates or campaigns.
Obama said
“With its ruling today, the Supreme Court has given a green light to a new stampede of special interest money in our politics. It is a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans. This ruling gives the special interests and their lobbyists even more power in Washington — while undermining the influence of average Americans who make small contributions to support their preferred candidates. That's why I am instructing my Administration to get to work immediately with Congress on this issue. We are going to talk with bipartisan Congressional leaders to develop a forceful response to this decision. The public interest requires nothing less.”