Supreme Court Allows Corporate Funding of Political Campaigns
Today’s Supreme Court ruling is a way bigger deal than the outcome of the Massachusetts election.
Sweeping aside a century-old understanding and overruling two important precedents, a bitterly divided Supreme Court on Thursday ruled that the government may not ban political spending by corporations in candidate elections.
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Senator Russ Feingold of Wisconsin, an author of the McCain-Feingold campaign finance law, called the ruling “a terrible mistake.”
“Ignoring important principles of judicial restraint and respect for precedent, the Court has given corporate money a breathtaking new role in federal campaigns,” said Mr. Feingold, a Democrat.
Giving corporations the right to fund election campaigns is an absurdity. This kind of ruling is what I feared most following Bush’s Supreme Court appointments.
Corporations have been around far longer than our country, and our founding fathers were very wary of extending privileges to economic entities. They were way more concerned with living, breathing human beings. The Bill of Rights was written for the benefit of people, not companies – and there lies the ultimate irony of this ruling.
The driving force behind getting this case to the Supreme Court came from The Right, and they are the faction that, when it comes to appointing Supreme Court Justices, scream for “strict constructionists.” Nowhere in the Constitution are there any rights granted to corporations. Why? Because corporations can amass huge quantities of money and they can live forever. Our founders did not approve of giving such entities a voice in electing representatives of the people, because they knew that corporate contributors would fund campaigns of candidates that, once elected, would satisfy the wants and needs of business, not people.
Goldman Sachs is huge and they reported $13.4 billion in profits today. They should not be allowed to fund the campaigns of congressmen because their interests and the interests of your average American are vastly different. As a result of today’s ruling, one huge corporation like Goldman Sachs will be able to blast the grassroots campaigns of reform candidates clean out of the water.
The Plutocracy just got way bigger today. Say goodbye to the Republic, because it’s a thing of the past. It’s a sad day in the history of our country. A travesty.

