Author Topic: Democrats rush to curb corporate election spending before Nov.  (Read 2590 times)

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Offline thundley4

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Democrats rush to curb corporate election spending before Nov.
« on: February 12, 2010, 08:55:58 AM »
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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

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.

Offline 5412

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Re: Democrats rush to curb corporate election spending before Nov.
« Reply #1 on: February 12, 2010, 07:14:14 PM »
The Hill

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

Online SSG Snuggle Bunny

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Re: Democrats rush to curb corporate election spending before Nov.
« Reply #2 on: February 12, 2010, 07:29:08 PM »
I'm sure unions will be exempt.
According to the Bible, "know" means "yes."

Offline The Village Idiot

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Re: Democrats rush to curb corporate election spending before Nov.
« Reply #3 on: February 12, 2010, 07:46:23 PM »
I'm sure unions will be exempt.

I think we can bet on that one

Offline DefiantSix

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Re: Democrats rush to curb corporate election spending before Nov.
« Reply #4 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.
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