Search
The Supreme Court's 5 to 4 decision in Citizens United v FEC rolled back long-standing restrictions on corporate campaign finance donations. At the crux of the decision was a determination that corporations have a right to free speech. The court ruled that limiting the amount that companies can spend promoting their favored candidates is tantamount to denying First Amendment rights.
Originally posted on January 15 at Dirt Diggers Digest.
Originally posted on 9 September at http://www.commondreams.org/view/2009/09/09-11
Can things get still worse in Washington?
Yes, they can. And
they will, if the Supreme Court decides for corporations and against
real human beings and their democracy in a case the Court will be
hearing today, Citizens United v. Federal Election Commission.
The question at the heart of one of the biggest Supreme Court cases this year is simple: What constitutional rights should corporations have? The legal doctrine underlying this debate is known as "corporate personhood."
Many hedge funds were relieved when the Obama administration's financial-overhaul plan included no big surprises to the lucrative, secretive industry. In 2008, major hedge funds and their trade groups spent $6.1 million lobbying Washington, up from $4.2 million in 2007 and nearly seven times the $897,000 average from 2003 to 2006.
The Justice Department has appointed at least 30 former prosecutors and other government officials as well-paid corporate monitors in arrangements that allow companies to avoid criminal prosecution, according to government data released Thursday by Congress.
Former Attorney General John D. Ashcroft agreed last night to appear at a House hearing to discuss his lucrative arrangement overseeing a medical equipment company, averting a showdown with committee members who had planned to meet today to authorize a subpoena.
Mr Gates is expected to spend his two-day visit lobbying for US firms that hope to win a contract to supply India with 126 new fighter jets.
Over the last 50 years, a network of cronies helped former Indonesian president Suharto build a business empire and amass a multi-billion dollar fortune. Today his successors face an uphill battle to recover the money even after his death.
On the presidential campaign trail, former Mayor Rudolph W. Giuliani often promotes the installation of electronic monitoring devices at the border to stem illegal immigration, without mentioning that until a few months ago, he was partner in a company trying to market such technology.