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. ...
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:
There are the glorious results of bi-partisan, moderate-approved economic policy for you.
Through vast lobbying, astroturf, media and legal efforts that dwarf anything progressives have created, powerful moneyed interests in this country have been able largely to control legislation even after 30-year peak in Democratic electoral success. A ruling like this will simply be the icing on the cake.
No comments:
Post a Comment