From the press release:
Sanders’ Saving American Democracy Amendment would make clear that corporations are not entitled to the same constitutional rights as people and that corporations may be regulated by Congress and state legislatures. It also would preserve the First Amendment guarantee of freedom of the press. It would incorporate a century-old ban on corporate campaign donations to candidates, and establish broad authority for Congress and states to regulate spending in elections.
This needs to be done.
Corporations have their hooks into every politician at almost every level, and right-wing media has done a nice job selling people on the idea that corporations ARE people.
The only way we will ever have a responsive government is if we get the corrupting power of money out of the game.
Ideas should be introduced and debated on an even playing field and live and die based on their merits — not on a marketing campaign by whoever spends the most.
A fact sheet linked from Sander’s press release makes a strong case:
Before Citizens United, corporations had to abide by the ruling in Austin v. Michigan Chamber of Commerce that limited their participation in elections to political action committees. PACS are funded by voluntary contributions from the employees of a corporation, as opposed to the general treasury fund. The Supreme Court also determined that limitations on corporate spending in elections were permissible in McConnell v. FEC, a decision that upheld portions of the McCain-Feingold reforms that aimed to reign in corporate electioneering.
Because of Citizens United, corporations are now allowed to tap into their profits to spend money advocating for or against candidates of their choosing. Even worse, they can do it anonymously. By undermining the very concept of campaign finance laws, like the ones limiting individual contributions to candidates, the Citizens United decision even threatens a 1907 law passed by Congress prohibiting corporations from directly contributing to candidates. If we don’t take action, before we know it, the Supreme Court could rule that corporations can directly to contribute to candidates for public office.
Read the proposed amendment here.
I’d love for this to pass, but I doubt there’s a chance of that happening.
His insight into how the Republican mind works and how the middle class in this nation have been convinced to work actively against their own interests is essential to understanding the mess we are in.
Today on Facebook he posted this nugget from his 2000 book “One Market Under God” nailing pseudo-historian and novelist Newt Gingrich:
My thoughts on Newt Gingrich, circa 1999, from a passage in One Market Under God where I describe the feeling one gets scanning the ideas of Thomas Friedman:
“Each of them is preposterous in its own way, but thrown together they make a truly dispiriting impression, a feeling akin to the first time I heard Newt Gingrich speak publicly and it began to dawn on me that this is what the ruling class calls thinking, that this handful of pathetic, palpably untrue prejudices are all they have to guide them as they shuttle back and forth between the State Department and the big thinktanks, discussing what they mean to do with us and how they plan to dispose of our country.”
Gingrich poses as an intellectual, and fools millions of Republicans who have been spoon-fed the notion that book learnin’ is for evil egg-head, ivory-tower Marxists.
Newt, using the word “fundamentally” or “fundamental” does not automatically strengthen an argument.
This is REALLY the best the GOP can do?
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