You’ve probably heard. The Supreme Court has torn the lid off of limits which had limited political donations by corporations and unions. They can now spend as much as they want anytime they want.
The essence of the Court’s argument is…
People have a First Amendment Right to Free Speech.
Money equals Speech
Corporations are People
Therefore Corporations have a Free Speech right to spend as much as they want to influence the outcomes of elections.
Obviously this decision is bad for the health of a citizen-led democratic republic.
by Lucile Malandain– Thu Jan 21, 5:29 pm ET
WASHINGTON (AFP) – Thelifted curbs on corporations spending millions of dollars to back election candidates, in a move that will remake campaigns and likely trigger a new negative ad blitz.
sharply condemned the 5-4 ruling as a huge victory for “big oil” Wall Street and health insurance firms which want to block his reform plans, but most Republicans praised it as a victory for free speech.
The nine justices of the top US court ruled that big business firmscould dip freely into their general funds to finance unlimited either in support or against a political candidate.
But the court retained restrictions prohibiting corporations from doling out cash from company treasuries direct to candidates themselves, in the ruling which could change the landscape ahead of November’s mid-term elections.
The court’ssaid the government was acting unlawfully and was guilty of censorship if it tried to command “where a person may get his or her information or what distrusted source he or she may not hear.”
Welcome to the American Corporatocracy. The clip below highlights the essential skill that will be required for success in this system.