by Newcomer

As an aside (to Chicklet), did you hear about yesterday’s Supreme Court ruling? It struck down a significant portion of McCain-Feingold that had made it illegal for private corporations to pay for ads either in support of or against a political candidate. In a way, this related to what I was discussing here about what a powerful lobbying block the Telecomm Industry is. This ruling, while a victory for freedom of speech, also clears the way for more special interest money to flow into the political process. The companies cannot give money to a candidate’s campaign directly, but they CAN put up an ad either supporting ‘their’ candidate or denouncing, even attacking ‘their’ candidate’s opponent. This has the potential to make candidates (once elected) beholden to the special interests of the corporations that supported them.

To me, this is a dangerous thing. There’s already too much special interest money in politics. And the result can be sweeping legislation like the Telecommunications Act of 1996 where an industry has far more rights than do the American citizens do as consumers of that industry.

I hope that Senators McCain and Feingold get together again because of this ruling and introduce either an amendment to their prior legislation or introduce a whole, new bill to tighten up the campaign finance reforms. Since they, nor anyone, can legally limit the free speech of these corporations to advocate for and/or denounce any candidate they choose, maybe one suggestion would be to legislate that a non-partisan group be started and maintained, funded equally by both the DNC and RNC, to track and publicize (by maintaining a current and consistently updated website) any and all funds that each candidate receives. Exempt small contributions from private individuals - you can’t really track every $50 that every John/Jane Doe kicks in. But set a reasonable dollar amount above which, every contribution must be disclosed to this new non-partisan group. This would enable all voters to see which corporations and wealthy private citizens, and PACs that a potential candidate may owe favors to if elected. The mere existence of such a website might make these politicians think twice about where they take money from too. It would certainly give voters one more source of info when weighing their decision about which candidate to support.

They say that money is the root of all evil, and power corrupts. In Washington, money is power and right now, regular people like you and I have nowhere near the amount of power and money that these corporations and PACs have. That needs to change. If we cannot legally take money out of politics, then we have to expose the sources of it to the light of day and in this way have accountability and more information. Knowledge is also power. If we voters can easily find out that some candidate is in the pocket of a health insurance provider or a union or a telecomm provider, a big law firm, because of the amount of money such an entity is spending on a candidate’s campaign, then we can hold the candidate accountable for that during the campaign, while we still have time to take that into consideration before casting our vote.

Legislation that favors an Industry at the expense of a human being is off-balance, to say the least. This kind of thing cannot be allowed to continue.

Here’s a link to the Supreme Court Decision I mentioned:

http://www.supremecourtus.gov/opinions/09pdf/08-205.pdf