Lawrence Lessig, an advocate of real campaign finance reform, has an article in The Atlantic showing just how bad things have gotten in terms of the massive influence of the filthy rich on our elections. These numbers are pretty staggering:
Category Archive: Corporate Influence in Politics
Jul 19 2012
Jul 11 2012
While the media pays enormous attention to JP Morgan losing $2 billion (or up to $9 billion, apparently), a far more serious scandal has received relatively little attention. The CEO of Barclay’s has admitted to rigging the value of the London InterBank Offered Rate (LIBOR) index. Having spent several years in the mortgage business, let …
Jun 26 2012
In the most predictable ruling ever, the SCOTUS on Monday overturned a ruling from the Montana Supreme Court that upheld that state’s campaign finance laws, which were pretty clearly in conflict with the Citizens United ruling. It was so predictable that the five justices in the majority — the same ones in the majority in …
Jun 14 2012
We’ve long known that the Obama administration strongly courted certain industries — pharmaceutical and insurance companies in particular — to back, or at least not strongly oppose, the health care reform bill. But now it looks like they even coordinated advertising campaigns with the pharma industry:
Jun 13 2012
The LA Times reports that Republicans on the House Appropriations Committee are moving to block the implementation of a new FCC rule that would require TV stations to make their records of political ad buys available online. That rule would make it much easier to track campaign spending leading up to elections.
Jun 09 2012
Jun 04 2012
Jonathan Bernstein points out the absurdity of the right’s constant refrain that the media hasn’t exposed the real Barack Obama — you know, the atheist Muslim Black Liberation Theology Christian Kenyan Indonesian communist fascist one — and includes this statement:
Jun 04 2012
Retired Supreme Court Justice John Paul Stevens gave a talk recently and suggested that the court may look to limit the ruling in Citizens United in subsequent cases that they will likely adjudicate. MSNBC reports on it.
Jun 04 2012
This report should be troubling to everyone, not just to Democrats. It tells you just how insane the amounts of money in politics have gotten when third party groups will spend many times more than the campaigns themselves do to influence the outcome of an election.
May 24 2012
Dennis Prager fancies himself an intellectual, as do most of his followers. In reality, he’s at about the Rush Limbaugh level, a purveyor of little more than bland catchphrases and platitudes in the service of his right wing ideology. And he’s completely oblivious to his own internal contradictions. Like this one:
May 18 2012
It seems that the Heartland Institute’s monumentally idiotic and slanderous billboard campaign comparing global warming advocates of being like Charles Manson and Osama Bin Laden is backfiring on them in a big way. Three more corporate donors have now pulled their support for the organization.
May 16 2012
One of the arguments raised by people like me against Michigan’s authoritarian and anti-democratic emergency manager law over the last few years is that allowing people, and even whole businesses, to have dictatorial control of a city will lead to inevitable conflicts of interest and using that power to enrich themselves. Here’s a perfect example:
May 11 2012
Matt Taibbi has an article at Rolling Stone looking at the many ways the Dodd-Frank bill to regulate Wall Street and prevent disasters like the housing collapse from happening again has been weakened both by subsequent legislation and by regulatory decisions made by the Obama administration.
May 11 2012
Crossroads GPS, Karl Rove’s Republican powerhouse organization, has filed its first tax returns with the IRS and is claiming to be a 501(c)(4) “social welfare” organization rather than a political one. And it’s going so by using an incredibly absurd legal distinction between campaign ads and “issues advocacy.”
May 04 2012