Frankenstein’s Supreme Monsters:
We cannot sustain the present form of huge international corporate mega-capitalism. It is an out of control monster: a willful environmental vampire and oppressor of human rights. Its rulers and masters make sociopathic decisions on a daily basis. As they control costs both quality and choice disappear from the marketplace. They tend to baronies, monopolies, and mini-kingdoms serving the pissant egos of self-styled “giants of commerce.” They are moribund, sucking ghouls, parasites on the planet and body politic. They are the great corrupters of mankind and despoilers of the earth. And five traitors on the United States Supreme Court just waved a magic wand and turned these monsters into legal human beings, confounding our founders and destroying the democratic American Constitution.
Added: The merger of corporations with the state is Mussolini’s original definition of fascism. Look it up.
IMPEACH THE SUPREME COURT FIVE!
One expert calls the Citizens United decision “the most radical and destructive campaign finance decision in the history of the Supreme Court.”
“The Supreme Court has just predicted the winners of the next November election,” Sen. Chuck Schumer announced this morning. “It won’t be Republicans. It won’t be Democrats. It will be Corporate America.”
Indeed, in a momentous 5 to 4 decision that the New York Times has called a “doctrinal earthquake,” the U.S. Supreme Court handed down an unprecedented ruling today that gives new significance to the phrase “corporate personhood.” In it, the Roberts Court overturned the federal ban on corporate contributions to political campaigns, ruling that forbidding corporations from spending money to support or undermine political candidates amounts to censorship. Corporations, the Court ruled, should enjoy the same First Amendment rights as individuals.
Writing for the majority, Justice Anthony Kennedy said that the Supreme Court rejects “the argument that political speech of corporations or other associations should be treated differently under the First Amendment simply because such associations are not ‘natural persons.’”
In other words, as Stephen Colbert put it last year, “Corporations are people too.”
On a conference call with reporters following the decision, critics could not overemphasize the enormity of the ruling, whose implications will be visible as early as the upcoming midterm elections. Bob Edgar, head of the watchdog group Common Cause, called it “the SuperBowl of really bad decisions.” Nick Nyhart of Public Campaign called it an “immoral decision” that will make an already untenable mix of money and politics even worse.
“This is the most radical and destructive campaign finance decision in the history of the Supreme Court,” said Fred Wertheimer, President of Democracy 21. “With a stroke of the pen, five justices wiped out a century of American history devoted to preventing corporate corruption of our democracy.” READ MORE: http://www.alternet.org/rights/145322/supreme_court%27s_%22radical_and_destructive%22_decision_hands_over_democracy_to_the_corporations
Corporations now have all the privileges of citizenship, without any of the responsibilities.
This week’s Supreme Court decision in the Citizens United case removes all limits on large corporations to finance and influence federal elections. In its ruling the court reverses a decades-old ruling barring companies from using their general funds to fund political campaigns, and guts pieces of the popular McCain-Feingold campaign finance legislation. In so doing the Court implicitly embraces a 125 year-old precedent in the case of Santa Clara v. Santa Fe, where the Court first developed the legal doctrine of corporate personhood, explicitly granting corporations the same political and civil rights granted to human beings (historian Thom Hartmann discovered that the principle originated with a corrupt court clerk who added it to the case summary, rather than with the court itself). READ MORE: http://www.alternet.org/rights/145323/the_bush-packed_supreme_court_thinks_corporations_are_people_too
The Court’s decision is far, far more dangerous to U.S. democracy. Think: Manchurian candidates.
In Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations should be treated the same as “natural persons”, i.e. humans. Well, in that case, expect the Supreme Court to next rule that Wal-Mart can run for President.
The ruling, which junks federal laws that now bar corporations from stuffing campaign coffers, will not, as progressives fear, cause an avalanche of corporate cash into politics. Sadly, that’s already happened: we have been snowed under by tens of millions of dollars given through corporate PACs and “bundling” of individual contributions from corporate pay-rollers.
The Court’s decision is far, far more dangerous to U.S. democracy. Think: Manchurian candidates.
I’m losing sleep over the millions — or billions — of dollars that could flood into our elections from ARAMCO, the Saudi Oil corporation’s U.S. unit; or from the maker of “New Order” fashions, the Chinese People’s Liberation Army. Or from Bin Laden Construction corporation. Or Bin Laden Destruction Corporation.
Right now, corporations can give loads of loot through PACs. While this money stinks (Barack Obama took none of it), anyone can go through a PAC’s federal disclosure filing and see the name of every individual who put money into it. And every contributor must be a citizen of the USA.
But under today’s Supreme Court ruling that corporations can support candidates without limit, there is nothing that stops, say, a Delaware-incorporated handmaiden of the Burmese junta from picking a Congressman or two with a cache of loot masked by a corporate alias. READ MORE: http://www.alternet.org/politics/145354/the_supreme_court_just_handed_anyone%2C_including_bin_laden_or_the_chinese_govt.%2C_control_of_our_democracy
Congressman says of recent Supreme Court ruling removing decades of campaign spending limits on corporations “opens the floodgates for the purchases and sale of the law.”
WASHINGTON — Responding to the Supreme Court’s ruling Thursday to overturn corporate spending limits in federal elections, progressive firebrand Rep. Alan Grayson (D-FL) immediately highlighted a series of moves to “avoid the terrible consequences of the decision.”
“If we do nothing then I think you can kiss your country goodbye,” Grayson told Raw Story in an interview just hours after the decision was announced.
“You won’t have any more senators from Kansas or Oregon, you’ll have senators from Cheekies and Exxon. Maybe we’ll have to wear corporate logos like Nascar drivers.”
Grayson said the Citizens United v. Federal Election Commission ruling — which removes decades of campaign spending limits on corporations — “opens the floodgates for the purchases and sale of the law.”
“It allows corporations to spend all the money they want to buy and sell elected officials through the campaign process,” he said. “It allows them to reward political sellouts, and it allows them to punish elected officials who actually try to do what’s right for the people.”
Fearing this decision before it became official, Grayson last week filed five campaign finance bills and a sixth one on Thursday. Grayson said the bills are important to securing the people’s “right to clean government.”
The bills have names like the Business Should Mind Its Own Business Act and the Corporate Propaganda Sunshine Act. The first slaps a 500 percent excise tax on corporate spending on elections, and the second mandates businesses to disclose their attempts to influence elections. More details are available on the congressman’s Web site. READ MORE: http://www.alternet.org/politics/145339/grayson%3A_fight_now_or_%27kiss_your_country_goodbye%27_to_exxon%2C_wal-mart
THANK GOD, A LITTLE GOOD NEWS!
Rep. Donna Edwards and Jamie Raskin assail the Supreme Court’s ruling in Citizens United v. FEC and call for a mass movement of people to support a constitutional amendment.
Congresswoman Donna Edwards and constitutional law professor Jamie Raskin speak out against the Supreme Court’s ruling in Citizens United v. FEC and call for a mass movement of people to support a constitutional amendment. Visit FreeSpeechforPeople.org to learn more and get involved! READ MORE: http://www.alternet.org/blogs/rights/145361/a_constitutional_amendment_to_wrench_control_away_from_the_corporations/
Obama’s endorsement of Volcker’s plan is truly an extraordinary step forward for economic policy, but there’s a long way to go.
The news that President Barack Obama is finally listening to Paul Volcker is welcome, but the specifics of Obama’s big bank crackdown are not as positive as initial reports had indicated.
For more than a year now, Volcker has been urging policymakers to deliver strong regulatory medicine to revive the weak U.S. financial system. But Obama and other top advisers like Larry Summers and Timothy Geithner have resisted the former Federal Reserve Chairman’s overtures, instead opting for a set of small-bore, technocratic tweaks to a system that is fundamentally broken. (There’s one major exception to this pattern—Obama’s proposal to create a Consumer Financial Protection Agency is a dramatic and critical step for salvaging the American economy, and the President has advocated for it over Geithner’s objections.) Volcker has repeatedly suggested that banks that are too-big-to-fail are simply too-big-to-exist, and has consistently and correctly urged that banks be banned from participating in risky, high-flying securities trading. Today, Obama acknowledged these were good ideas. READ MORE: http://www.alternet.org/workplace/145321/obama_adopts_volcker%27s_solution%3A_if_banks_want_govt._guarantees%2C_they_have_to_close_their_casino_operations
A Rumble with Wall Street … That’s a Fight We Should Welcome Posted by Isaiah J. Poole, Campaign for America’s Future, January 23, 2010.
One of the lessons of Tuesday’s election is that voters don’t want to see their elected leaders capitulating to the very people who brought the economy down. It does not matter whether President Obama’s pronouncement on financial reform this week was prompted by Tuesday’s election disaster in Massachusetts or was a long-building unleashing of his inner populist. What matters is the potential for real White House leadership on changes that must happen if we are to have a stable, growing economy on Main Street. This is the fight for which we have to bandage our wounds and pick ourselves up to win. READ MORE: http://www.alternet.org/blogs/politics/145349/a_rumble_with_wall_street_…_that%27s_a_fight_we_should_welcome