Much much worse than the hysteria over the MA election (and the wrong lessons learned on that) this week is the news of the supreme court decision yesterday to roll back big provisions in McCain Feingold campaign finance reform and open the door to huge money from corporations that will be used to unfairly affect elections.
A divided Supreme Court on Thursday swept away decades of legislative efforts to limit the role of corporations in election campaigns...
The court split 5 to 4 over the ruling, with its conservative members in the majority.
The decision upends the court's precedent that corporations may not use their profits to support or oppose candidates, and it rejects a large portion of the so-called McCain-Feingold campaign finance reform act that the justices had declared constitutional just six years ago. It seems likely to apply to the political role of labor unions as well. Washington Post
The vote broke on ideological lines with the 5 remaining conservative justices (hacks) voting to reverse the restrictions. On the more sane side of the bench Justice Stevens gave a scathing dissent speech for over 20 mins. Putting this horrible decision in historical perspective.
The White House also immediately spoke out against this decision President Obama calling it
a green light to a new stampede of special interest money in our politics" and represents "a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans.
This, ladies and gents, is the Big Bad. And it gets worse from here. This is the long lasting effect of presidential power and Reagan, Bush I, and Bush II did truly stack the deck against all Americans. Truly this is a start of worse things to come, in a big way and I think there is little that regular folks can do.
