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« Republican Win Spells More Than Just A Lost Senate Seat For Democrats, Says Boehner | Main | Obama Proposes Key Banking Reforms »
Thursday
Jan212010

The Supreme Court Hands One to Big Business

At least one positive thing has already happened today, the Supreme Court has decided that if corporations and unions are able to flood political campaigns with issue and direct advocacy ads they must file reports explaining where the money is coming from. That means that any group that spends ten thousand dollars on an advocacy ad would need to name any contributor that gave more than $1,000. -- The current reporting requirements are much less than that for individuals.

This reporting requirement is small solace given that we will now see BILLIONS of dollars flooding into the 2010 election seasons with Internet, television, newspaper and radio ads.We learned today from the Supreme Court that corporations have the same First Amendment rights that as you and I do and that Congress can't put special restrictions on corporations. The majority said that "when a government seeks to use its full power, including the criminal law, to command where a person may get his or her information...it uses censorship to control thought."

Read the full article at FOXNews.com

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