Monday, February 6, 2012

Citizens United Allows Big Lobbying Firms to Spend $4 Billion on Elections (for 1/19/12)

Two years ago at this time, the Supreme Court ruled in Citizens United that corporations could spend unlimited, often secret, amounts of money on elections. It allows corporations to spend secretively on attack ads against candidates who intend to regulate and reform their industries. Fossil fuel and healthcare companies will run ads on issues central to their businesses to try to influence the 2012 elections. One can only suspect that many of these corporations will run ads that will protect their bottom lines and deceive the public. These ads will also ignore income inequality. Wall Street banks will likely run ads favoring financial deregulation that will ultimately screw over consumers. Energy companies will continue to run ads saying that fighting global warming by curbing our use coal, oil, and gas will hurt our economy. http://www.alternet.org/investigations/153813/thanks_to_citizens_united%2C_multinational_mega_lobbyist_firm_salivates_over_%244_billion_in_campaign_cash_/

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