Feeds:
Posts
Comments

Posts Tagged ‘campaign ads’

Weissman

A staggering amount of money—$3.7 billion and counting—has been spent on the 2010 midterm elections that will be decided today.

Please join me at noon (EDT) this Wednesday, November 3, for a live, interactive online presentation: “Corporate Money and the Midterm Elections.”

I’ll review—and take your questions about—the election results, the unprecedented levels of corporate spending, and Public Citizen’s ongoing work to preserve democracy for We, the People.

This one-hour webinar is free and open to the public. Space is limited, so just fill out this simple registration form to reserve your virtual seat: www.citizen.org/election-webinar-registration

With the economy in crisis—and the Obama administration having made a fatal political (and policy) error by embracing Bush’s Wall Street bailout—corporations have sought to exploit an electorate that is, quite rightfully and understandably, outraged.

And the Supreme Court’s massively misguided decision in Citizens United v. Federal Election Commission has permitted corporations to spend all the money they want trying to influence your vote.

I hope you can join me and hundreds of fellow Public Citizens for the “Corporate Money and the Midterm Elections” webinar.

Take just a moment and register now so that you can join us!

Thank you.

P.S. No matter how much money Big Business spends to drown out the voice of the people, there is still one way to make your voice heard: Vote. If you haven’t participated in early voting, please be sure to vote today.

Robert Weissman is president of Public Citizen.

Advertisements

Read Full Post »

In today’s WaPo, columnist E.J. Dionne says that the Supreme Court’s decision in Citizens United v. Federal Election Commission, which gave corporations the green light to spend unlimited funds in elections, was either “the most Machiavellian in American history or the most naive” decision the high court has made.

In Citizens United, the court’s “5 to 4 conservative majority broke with decades of precedent and said Congress had no right to ban corporate or labor union spending to influence the outcome of elections,” Dionne said. “The decision is Machiavellian if (more…)

Read Full Post »

Stunning Statistics of the Week:

Amount financial industry has spent on lobbying this year: $251 million

Amount Citigroup spent on lobbying during the first half of 2010: $3 million

Amount Goldman Sachs spent on lobbying in the first half of 2010: $2.7 million

Amount Bank of America spent on lobbying in the first half of 2010: $2.1 million


Goldman Sachs says it won’t make direct expenditures on electioneering

Goldman Sachs is taking the high road – sort of. (more…)

Read Full Post »

Holman

The DISCLOSE ACT is a straightforward legislative response to a gravely damaging Supreme Court decision allowing unlimited corporate spending in elections. Far from revolutionary in scope, the DISCLOSE Act provides transparency and accountability in political spending, giving voters a valuable means to discern who are the interests that fund campaign ads.

It is unpredictable how much corporate money will flood into elections in our new unregulated system, but it is reasonable to assume it will be very substantial indeed – and possibly overwhelming in selected candidate races of particular interest to a major corporation.

Even before a single dollar is spent, the threat of corporate spending in elections wields significant influence over policymakers. Imagine the enormous political pressures business lobbyists can now place on Congress as it attempts to grapple with the major economic issues of the day, with the looming prospect of being punished or rewarded through direct campaign spending by the companies subject to the regulations. Corporate influence will reach to virtually all major policies – on financial services, health care reform, climate change, trade – everything. The public, minus the enormous wealth available to corporations, will be further shut out of its own government. (more…)

Read Full Post »

Cross-posted at Consumer Law & Policy Blog

By Paul Alan Levy

In the last couple of weeks, both the Obama campaign and the McCain campaign have experienced the sort of abusive use of the intellectual property laws that Greg Beck and I have previously discussed here – the invocation of phony copyright or trademark claims to suppress their free speech. In the recent cases, TV networks complained to YouTube about the use of footage from news reports in their campaign advertisements, invoking the takedown provisions, in section 512 of the Digital Millennium Copyright Act or “DMCA.” And if IP owners can get away with suppressing the speech of the presidential candidates from our two major parties when they criticize each other, that just shows how vulnerable the rest of us are when we use the Internet to criticize companies. (more…)

Read Full Post »