In case you have any doubts, Corporate America has officially been given free reign over Washington DC and American ‘democracy’. The Supreme Court decided yesterday by a 5-4 margin that:
The Supreme Court has ruled that corporations may spend freely to support or oppose candidates for president and Congress, easing decades-old limits on their participation in federal campaigns.
By a 5-4 vote, the court on Thursday overturned a 20-year-old ruling that said corporations can be prohibited from using money from their general treasuries to pay for campaign ads… The decision, written by Justice Anthony Kennedy, removes limits on independent expenditures that are not coordinated with candidates’ campaigns.
Ergo: You can never restrict a corporations use of money because it is free speech. Only in America….
See Also: Five angry men, SCOTUS ruling = Powell Memo goal = Fall of democracy…, Money and Politics, Cha-Ching! Supreme Court ruling means Big Business can spend billions on elections, There goes America’s democracy: I never thought I would be living in a dystopian cyberpunk novel!, Supreme Court Strikes A Blow For Free Speech, and Citizens United for subservience to tyrants.