Saturday, January 23, 2010

Obama to Strike Back on Supreme Court Ruling on Campaign Financing

This ruling seems so odd. It says that corporations are people too. The judges making the decision said it was a ruling for free speech. It kind of takes the shine off the Supreme Court and is a reminder that all of our institutions are fallible because they're interpreted by humans, which is the main reason I'm against the death penalty. You can read the SCOTUS decision here.
Read the video transcript.
This ruling opens the floodgates for an unlimited amount of special interest money into our democracy. It gives the special interest lobbyists new leverage to spend millions on advertising to persuade elected officials to vote their way – or to punish those who don’t. That means that any public servant who has the courage to stand up to the special interests and stand up for the American people can find himself or herself under assault come election time. Even foreign corporations may now get into the act.

I can’t think of anything more devastating to the public interest. The last thing we need to do is hand more influence to the lobbyists in Washington, or more power to the special interests to tip the outcome of elections.
The White House intends to strike back:
When this ruling came down, I instructed my administration to get to work immediately with Members of Congress willing to fight for the American people to develop a forceful, bipartisan response to this decision. We have begun that work, and it will be a priority for us until we repair the damage that has been done.