First, we have this from Bob Cesca that the Supreme Court decision on campaign finance reform is coming down tomorrow.
The decision will decide whether corporations can, once again, contribute money (as its form of "speech") to political campaigns. If the Court decides in favor of Citizens United and against the FEC, rules under McCain-Feingold will, in effect, be ruled unconstitutional, allowing corporations even greater influence over politics and policy in America.Nearly at the same time, we have the U.S. Chamber of Commerce playing hardball with its advocacy.
As if corporations weren't insanely powerful enough already. The further and unfettered corporate screwing of America could begin immediately, and there's very little that can be done to put the egg back into the shell.
U.S. Chamber of Commerce President Tom Donohue warned the U.S. faces a double-dip recession because of the taxes and regulations under consideration by the Democratic Congress and President Barack Obama.Standard pro-business Chamber boilerplate here, other than this tidbit:
“Congress, the administration and states must recognize that our weak economy simply could not sustain all the new taxes, regulations and mandates now under consideration. It’s a sure-fire recipe for a double-dip recession, or worse,” Donohue said in a speech providing the Chamber's outlook for 2010.
He also promised the Chamber would be more involved in the 2010 midterm election than it has been in any other before, and will hold accountable lawmakers who vote against the group's priorities.Now if I was a betting man, I would think that the Chamber believes its going to have the opportunity to play a much larger role in donating to specific candidates here very shortly.
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