PMMJ (cheetahmaster) wrote,
PMMJ
cheetahmaster

American plutocracy

"A year ago today, the Supreme Court handed down its game-changing decision in the case of Citizens United v. Federal Election Commission. The 5-4 ruling threw out decades of limitations on the amount of cash corporations and unions could spend to influence elections. Arguing that those limitations curtailed the First Amendment rights of corporations and unions, the majority of the high court effectively opened the campaign-cash spigot to its maximum setting, enabling a spending free-for-all. Outside donors, most of them anonymous, dumped almost $300 million into last year's midterms. Among them were rich individuals, such as housing titan and GOP benefactor Bob Perry, and corporations and unions, like Dow Chemical and the AFL-CIO.

"So where do we stand 365 days later? How dramatically has Citizens United altered the way our leaders get elected? And can we expect more changes to campaign finance law in its wake?"

Tags: 2011, news, welcome to america
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