The Nation - "Multinational Corporations Try to Buy an Election"

[TomCADem]

The corporate cable news media is happily reporting the millions being spent in support of Republicans while ignoring the fact that the sources of this money remain largely unknown. Thankfully, there is some progressive media that is willing to call out this flood of corporate money.

http://www.thenation.com/blog/155269/multinational-corporations-try-buy-election

The US Chamber of Commerce should have shed the "US" label long ago.

The Washington-based special interest lobby for years lobbied for proposals that make it easier for multinational corporations to shut down factories in this country, layoff US workers and outsource work to foreign lands.

* * *

The multinational corporations are putting extra money in the chamber's coffers this year as the group has launched a $75 million campaign to get a Congress that it can count on to oppose the interests of working families and communities in the United States and abroad.

That money, even when it comes from foreign firms, according to a new report from the Center for American Progress Action Fund, is "deposited in the same 501(c)(6) account that the Chamber is using to run an unprecedented $75 million attack campaign, mostly against Democrats..."

[DontTreadOnMe]

1. Tax Exempt Status is a looming problem for the COC!

"Senate Finance Committee Chairman Max Baucus, D-Montana, has asked the Internal Revenue Service asking it to investigate potential tax code violations."

..."Baucus argues, correctly, that “if it is determined the primary purpose of the 501(c)(4), (c)(5) and (c)(6) organization is political campaign activity the tax exemption for that nonprofit can be terminated."




Can we go after the churches next?



"TAX THE CHURCHES!" -- Frank Zappa

[TomCADem]

4. All This Ad Money By Corporations Effects The Bias Of The Media...

...They are not going to bite the hand that keeps on handing them millions in advertising dollars for corporate products.

[GreenTea]

2. The upcoming corporations republican money & media blitz is going to be devastating...

Pounding away 24/7 with the hundreds of millions of dollars they will spend in the next three weeks.

[Rex]

3. The irony here is that most voters this time around are now poor working

class folks that watched their 401ks and homes disappear over the last 4 years and watch all the rich greedy assholes spend millions and just generally be rich and pompous. Expect a Democratic landslide.

[DCKit]

5. I don't expect a (D) landslide...

but there are going to be a lot of disappointed teabaggers.

I'm concerned about how they're going to react, knowing they're going to have to endure this "librul Hell" for another two years.