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High court overturns ban on corporate political spending

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Boanerges
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High court overturns ban on corporate political spending

A U.S. Supreme Court decision has turned the nation’s campaign finance laws upside down.

In a 5-4 decision Thursday, the high court ruled in Citizens United v. Federal Election Commission that free speech laws prohibit congressional limits on corporations and labor unions from spending as much as they like in support or opposition of presidential and congressional candidates.

 

Link to Full article HERE


The politicos are making a big deal out of this but I don't really see much difference. Before a "person" acting on behalf of a corp could do the same thing but it just had to call itself a PAC.

Like the MoveOn PAC for example.

 

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Re: High court overturns ban on corporate political spending

No big deal for me - now we can see who is donating to who! 

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Re: High court overturns ban on corporate political spending

People just don't seem to get it, if you put restrictions on "groups" you put restrictions on yourself.  What does need to be written in stone is reporting all monies, from who and how they are spent.

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Re: High court overturns ban on corporate political spending

The caveat here being that the dollar (and those with those dollars) have more representation than those who vote those dollars in. They are influenced by those dollars. Hence we get the type of candidates we have today. Those with adequate finances win, those with good ideas only, don't. I'm all for letting the money flow, but I also lean towards distributing that money equally amongst the candidates. While it may not be as fair for them and the media that drives them, it would be fair for the voting polpulace.

 

But, it's good to see the law get one right here. Sort of.

 

Equal advertisement is not the issue here as much as they would like to make it seem. It's all about power and control. Look for the status quo to continue. Look for more bad candidates with bad ideas powered by this type of money. Look for those with good ideas to continue to be suppressed by this system.

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Re: High court overturns ban on corporate political spending

I have to disagree with the bad candidate position.  Given current tide in politics there are numerous opportunities for new independent (centrist if you will) candidates.  I think the Brown election is a prime example - he may have run on the Republican. ticket I see him more of an independent - time will tell.  That is what I believe the voting public is saying at the booth lately.  Yes, it is heavily influenced by the Tea party element but then every political group has a bias and agenda being influenced by some group.  One can hope that the populace will "seize the day" and take back control of our government.

Now with that said I think that money or the word money is all too often used with a negative connotation.  I see money (wealth) as the only common denominator that delivers order to civilization.  It is merely a means by which commerce is enabled, development encouraged and productivity rewarded.  It could be (money/wealth) can and has been defined by various material items - wampum for example.  So money is a good thing as is personal wealth IMO.  In fact I never have heard anybody say "I am so fucking happy because I don't have any money (wealth)"!

Rolling on the floor laughing Rolling on the floor laughing

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Mysandrist Fool
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Re: High court overturns ban on corporate political spending

You forgot to mention the media, which herds the sheep. That, and the ultra low attention span of the typical voter. I've seen much more of bad candidates being funded by money defeating those who might challenge them with drama, rather than actual issues. If one actually had a brain, that would be the first warning sign.

 

And the motto should be until changed: "It's election season. I EXPECT to be lied to!"

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Re: High court overturns ban on corporate political spending

It boils down to the electorate having to discern the lies and then cast their votes accordingly.  Keep in mind that we are the government by all accounts and hence must assume a role of responsibility in the governing process.

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Mysandrist Fool
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Re: High court overturns ban on corporate political spending

Ya, so????

 

We all know how stoopid the American public is. And so do the politicians.....

 

What's your point?

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