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Mother Jones: Power to the Corporations, Baby!

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-23-11 10:14 AM
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Mother Jones: Power to the Corporations, Baby!
A year ago today, the Supreme Court handed down its game-changing decision in the case of Citizens United v. Federal Election Commission. The 5-4 ruling threw out decades of limitations on the amount of cash corporations and unions could spend to influence elections. Arguing that those limitations curtailed the First Amendment rights of corporations and unions, the majority of the high court effectively opened the campaign-cash spigot to its maximum setting, enabling a spending free-for-all.

Outside donors, most of them anonymous, dumped almost $300 million into last year's midterms. Among them were rich individuals, such as housing titan and GOP benefactor Bob Perry, and corporations and unions, like Dow Chemical and the AFL-CIO.

So where do we stand 365 days later? How dramatically has Citizens United altered the way our leaders get elected? And can we expect more changes to campaign finance law in its wake?

It was the post-Citizens United political playing field that defined the 2010 midterm elections. Shadowy groups like Karl Rove's American Crossroads, Crossroads GPS, American Action Network, and Commonsense Ten sprung up to capitalize on the new ground rules. The rush of outside spending came mostly from the right, which outspent the left by more than a two-to-one average, $191 million to $94 million. ..............(more)

The complete piece is at: http://motherjones.com/politics/2011/01/citizens-united-anniversary-money-politics



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Kurovski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-23-11 04:46 PM
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