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Current Events => Politics => Topic started by: thundley4 on February 12, 2010, 08:55:58 AM

Title: Democrats rush to curb corporate election spending before Nov.
Post by: thundley4 on February 12, 2010, 08:55:58 AM
Quote
Democrats are hoping to fast-track a set of sweeping new campaign finance regulations to prevent the Supreme Court’s landmark Citizens United decision from affecting the November midterm elections.

Sen. Charles Schumer (D-N.Y.) and Rep. Chris Van Hollen (D-Md.) on Thursday unveiled the majority party's legislative response to the Citizens United case, which they and other Democrats — including President Barack Obama — have sharply criticized as one that will "open the floodgates" to corporate financing of federal elections.

Opting against a constitutional amendment to undo the court’s rejection of existing laws that ban certain political spending by corporations, Democrats are proposing to ban donations by foreign-influenced and taxpayer-assisted corporations, as well as a series of tough new disclosure requirements on corporations that would still be allowed to steer money toward political action groups.

“Today we’re beginning to pick up the pieces,” Schumer said at a Thursday press conference in the Capitol.

The former Democratic Senatorial Campaign Committee chairman said Democrats were prepared for an unfavorable ruling in the Citizens United v. The Federal Election Commission case, but said that the actual ruling “surpassed our worst fears.”
The Hill (http://thehill.com/homenews/campaign/80745-dems-look-to-crack-down-on-corporate-political-spending-ahead-of-midterms)

They want to block foreign corporate donations, but I thought they already were blocked. How about blocking any group, or corporation that gets foreign donations?  Let's see that would block almost all the 527's on the left, because of funding from George Soros. It would block Lord Zero's pac because of donations from overseas. It would block CAIR.  Sounds good to me.
Title: Re: Democrats rush to curb corporate election spending before Nov.
Post by: 5412 on February 12, 2010, 07:14:14 PM
Quote from: thundley4 on February 12, 2010, 08:55:58 AM
The Hill (http://thehill.com/homenews/campaign/80745-dems-look-to-crack-down-on-corporate-political-spending-ahead-of-midterms)

They want to block foreign corporate donations, but I thought they already were blocked. How about blocking any group, or corporation that gets foreign donations?  Let's see that would block almost all the 527's on the left, because of funding from George Soros. It would block Lord Zero's pac because of donations from overseas. It would block CAIR.  Sounds good to me.

Hi,

God forbid that corporations that are continually attacked by the libs have an avenue to educate the public and fight back.  Same reason they want to silence Fox news. those pesky facts just seem to get in their way when people can speak out.

regards,
5412
Title: Re: Democrats rush to curb corporate election spending before Nov.
Post by: SSG Snuggle Bunny on February 12, 2010, 07:29:08 PM
I'm sure unions will be exempt.
Title: Re: Democrats rush to curb corporate election spending before Nov.
Post by: The Village Idiot on February 12, 2010, 07:46:23 PM
Quote from: Mr Snuggle Bunny on February 12, 2010, 07:29:08 PM
I'm sure unions will be exempt.

I think we can bet on that one
Title: Re: Democrats rush to curb corporate election spending before Nov.
Post by: DefiantSix on February 12, 2010, 08:16:42 PM
And you know the funny thing?  As far as the Dim'Rats are concerned, it doesn't even have to be constitutional, or any different from what the USSC just struck down.  It just has to survive as law through November.