By a 5-4 decision, the Supreme Court on Thursday rolled back restrictions on corporate spending on federal campaigns. The decision could unleash a torrent of corporate-funded attack ads in upcoming campaigns.
"With its ruling today, the Supreme Court has given a green light to a new stampede of special interest money in our politics," said President Obama in a statement. "It is a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans...
Democracy 21's Fred Wertheimer, for years a leading advocate of campaign finance reform, called the decision a "disaster for the American people and a dark day for the Supreme Court."
"The Supreme Court majority has acted recklessly to free up corporations to use their immense, aggregate corporate wealth to flood federal elections and buy government influence. The Fortune 100 companies alone had combined revenues of $13 trillion and profits of $605 billion during the last election cycle," Wertheimer wrote.
"Under today's decision, insurance companies, banks, drug companies, energy companies and the like will be free to each spend $5 million, $10 million or more of corporate funds to elect or defeat a federal candidate -- and thereby to buy influence over the candidate's positions on issues of economic importance to the companies."
snippets courtesy of Huffpo.
There it is, game over, Mission Accomplished, the average American officially has no voice left to be heard. Corporate America can drown out millions of voices and literally buy the politician and legislation they want with the stroke of a pen on a check.
Fucked again by SCOTUS.
I predict that there is going to be a backlash, a very serious backlash.
The first fucking thing we need to do is get rid of the laws that gave corporations the equal rights as a person.
I personally have had enough of this horse shit, this is not the country I was born in fifty years ago, not even a close facsimile.
This is now officially a Banana Republic, third world shithole.
A corporate owned Police State.
Fuck you very much SCOTUS,you broke it, you own it.
When there is no Middle Class America left to speak of and every working stiff is doing all they can to survive, you turn around and sell the farm.
Change is going to come and it is going to be very, very, ugly. Mark my words, it is coming at the speed of light.