If You Think Corporations Run The Government Now…
Top 1 Percent of Americans Reaped Two-Thirds of Income Gains in Last Economic Expansion
Income Concentration in 2007 Was at Highest Level Since 1928, New Analysis Shows
PDF of this Report (3pp.)
Income Concentration in 2007 Was at Highest Level Since 1928, New Analysis Shows
PDF of this Report (3pp.)
September 10, 2009 "Open Left" -- Then just wait and see what happens after, as expected, the Supreme Court allows corporations to spend unlimited amounts of money on behalf of their favored candidates:
The Supreme Court signaled Wednesday it may let businesses and unions spend freely to help their favored candidates in time for next year's elections. Such a step could roll back a century of attempts to restrain the power of corporate treasuries in American politics.
The justices cut short their summer recess for a lively special argument that indicated the court's conservative skeptics of campaign finance laws have the upper hand over its liberals, including new Justice So
nia Sotomayor. Justice Anthony Kennedy, often the high court's swing vote, but a firm opponent of many campaign restrictions, at one point told the government's lawyer, "Corporations have lots of knowledge about environment, transportation issues, and you are silencing them during the election."
To a certain extent, it is hard to even conceptualize why this matters. To paraphrase Dick Durbin, powerful moneyed interests already run the government. From the Center on Budget and Policy Priorities, check out the gains made by of wealthy interests over the past 30-35 years: LinkHere
The Supreme Court signaled Wednesday it may let businesses and unions spend freely to help their favored candidates in time for next year's elections. Such a step could roll back a century of attempts to restrain the power of corporate treasuries in American politics.
The justices cut short their summer recess for a lively special argument that indicated the court's conservative skeptics of campaign finance laws have the upper hand over its liberals, including new Justice So
nia Sotomayor. Justice Anthony Kennedy, often the high court's swing vote, but a firm opponent of many campaign restrictions, at one point told the government's lawyer, "Corporations have lots of knowledge about environment, transportation issues, and you are silencing them during the election."
To a certain extent, it is hard to even conceptualize why this matters. To paraphrase Dick Durbin, powerful moneyed interests already run the government. From the Center on Budget and Policy Priorities, check out the gains made by of wealthy interests over the past 30-35 years: LinkHere
posted by Kangaroo Brisbane Australia at 3:59 AM
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