Thursday, January 21, 2010

The American Crisis Deepens

The Supreme Court decision that essentially gives corporations unlimited power through campaign spending is a danger to American democracy and a danger to every citizen. It is no joke.

I was tempted to title this post: The GOP Sells the United States to the Chinese Communist Party. The consequences of unlimited campaign spending by corporations means the person with the most money wins. Since anyone outside the United States can invest in our corporations, it will now be legal for the Chinese, Saudis and Russians to influence American elections. Even Osama bin Laden, if he uses enough corporate shells, can now influence American politics directly.

George W. Bush appointed two corporatist judges to the Supreme Court. If we're not careful, the legacy of the worst president in our nation's history will now be intact.

I expect many posts around the country to focus on today's judicial fiasco. Here's a post from Firedoglake:
If you had any doubt about the corruption that has infected the very bloodstream of American politics, look at today’s ruling from the U.S. Supreme Court. The Court said corporations can spend unlimited amounts to influence the outcome of elections.


Teabaggers, do you get it now? You are outraged by your powerlessness. Can you now see the real source of that powerlessness? It is not government. Government has been turned into the handmaiden of the corporate oligarchs.

I’m compelled to repeat something else: I’m a fan of entrepreneurship and responsible capitalism. But it’s not the so-called heavy hand of government that is the enemy. It’s the corporate monopolists.

Here's a post from Kevin Drum who almost always has some of the most thoughtful posts:
I confess that I've become more sensitive to First Amendment concerns about the McCain-Feingold campaign finance law over the years. But treating corporations as mere "associations of citizens"? Color me skeptical. That's just not what they are, and this is a decision that we're probably going to live to regret. After all, it's not as if lack of ability for corporations to influence the political process has historically been a major problem in the United States.

I've been saying it for some time now and I'll say it again: something has to change.

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Anonymous S.W. Anderson said...

You're right to be concerned about foreign interests affecting out politics. It will be interesting to see how the public reacts when some U.S. citizen who's been sickened or injured by a Chinese product, and badmouths that product and the outfit that made it in the media — gets sued by a Chinese corporation for libel.

"treating corporations as mere "associations of citizens"?

If this is how corporations are to be regarded, let's have laws requiring that corporations can only give money to politicians, PACs and Astroturf groups, can only by political ads in the media, if a majority of shareholders approve the expenditure through a vote, and that all such votes must by monitored by independent third parties and subject to further oversight and after-the-fact audits by the FEC.

12:53 PM  
Anonymous Anonymous said...

Dear Donkey Path,

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9:11 AM  

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