Today a US Supreme Court case rejected campaign finance limits in a decision known as Citizens United:
In what could prove to be the most consequential Supreme Court decision in decades, all five of the Court’s conservatives joined together today to invalidate a sixty-three year-old ban on corporate money in federal elections. In the process, the Court overruled a twenty year-old precedent permitting such bans on corporate electioneering; and it ignored the protests of the four more moderate justices in dissent.
I like free speech and I like robust businesses making money. But. This decision means corporations can now spend their money on political campaigns as if they were individual persons: as little, or more to the point, as much, as they want. Roll that one around for a minute.
One can only imagine the implications, given the relentless voracity of corporations and the morally bankrupt, psychologically syphilitic assortment of pimps, thieves and con artists that litter the political landscape like so much dog shit.
Olbermann explains how the Citizens United decision, ostensibly made in the interest of free speech, could be its eventual undoing:Vodpod videos no longer available.