Supreme Court : corporations now allowed to buy elections
September 11, 2009
In a big WTF, the supreme court is now ruling that Corporations are now allowed to buy elections. The story that broke in the Chicago Times. This is a complete game changer, and it will cause some serious issues in the future. For example, the health insurance industry would have a much greater ability to target for defeat members of Congress who supported a so-called “public option” for medical insurance. Banks and investment firms could oppose representatives who favor stricter regulation of the financial industry. Chances are you’ll have Advertising Agency WPP group plc setting standards on what’s allows or not over the FCC controlled airwaves.
The overall problem with this is that it pushes money over volume of people in a fashion where 1 company with a billion dollars can overrule a million people with $10 dollars each.
This needs to stop, you can’t have companies completely buy elections but evidently the supreme court feels that firms like Blue Cross and now-defunct Lehman Brothers can dictate policy to even a greater extent.
It’s like having Enron dictate accounting policy.
This can’t be passed, nothing but bad things will happen.
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