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Archive for January 21st, 2012

 

Truthout
Saturday 21 January 2012
by: Isaiah J. Poole , Campaign for America’s Future | News Analysis

Today is the two-year anniversary of the infamous Citizens United ruling by the Supreme Court that allowed corporations to spend unlimited amounts of money on political campaigns.

Since then, our democracy has been drowning in a tsunami of corporate special interest money. Our government is under the thumb of the Koch brothers and other corporate moguls instead of the hands of the people.

And citizens are uniting in their disgust. A poll released Thursday by Democracy Corps and the Public Campaign Action Fund, an organization that is rallying to counter the Citizens United ruling, said, “Americans across all parties oppose the ruling; among all voters, 62 percent oppose the decision and nearly half (46 percent) strongly oppose it.

More than half of all voters say they would support a constitutional amendment to reverse the opinion.”

Further, “Eight in ten voters say there is too much big money spent on political campaigns and elections today and that campaign contributions and spending should be limited.” And the candidates who stand on the side of reining in corporate efforts to buy our political system will get more favor from voters than those who stand with the status quo.

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Think Progress-  By Scott Keyes and Travis Waldron  on Jan 21, 2012 at 12:10 pm

Two years ago today, the Supreme Court struck down longstanding restrictions on corporate money in American elections, paving the way for super PACs and major third party spending.

Since January 21, 2009, the Citizens United case has had a major effect on money in politics. Already in this year’s Republican presidential primary, we’ve seen a number of freespending super PACs play a major role in the race, including the pro-Mitt Romney Restore Our Future PAC, financed in large part by hedge fund billionaire John Paulson, and the pro-Newt Gingrich Winning Our Future, for whom casino mogul Sheldon Adelson recently cut a $5 million check. In fact, the total amount of money spent by outside groups thus far has outpaced spending by the campaigns themselves.

Despite the proliferation of super PACs and massive uptick in outside spending, former Republican presidential candidate Tim Pawlenty still sees our campaign finance laws as too restrictive.

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