I posted an opinion piece about the consequences of this ruling, this crime actually, several weeks ago when the ruling had not yet been made. I did anticipate it and my worries were not unfounded.
The door has now been opened for foreign interference in US elections. Multinational corporations will now control perceptions even more than they already do. The face of the nation is changing rapidly and voting now becomes an even more meaningless event.
WASHINGTON – The Supreme Court has ruled that corporations may spend freely to support or oppose candidates for president and Congress, easing decades-old limits on their participation in federal campaigns.
By a 5-4 vote, the court on Thursday overturned a 20-year-old ruling that said corporations can be prohibited from using money from their general treasuries to pay for campaign ads. The decision, which almost certainly will also allow labor unions to participate more freely in campaigns, threatens similar limits imposed by 24 states.
The justices also struck down part of the landmark McCain-Feingold campaign finance bill that barred union- and corporate-paid issue ads in the closing days of election campaigns.
Advocates of strong campaign finance regulations have predicted that a court ruling against the limits would lead to a flood of corporate and union money in federal campaigns as early as this year's midterm congressional elections.
The decision, written by Justice Anthony Kennedy, removes limits on independent expenditures that are not coordinated with candidates' campaigns.
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network