Republicans Block Measure to Ban Foreign Meddling in U.S. Elections
OPS_admin | Jul 28, 2010 | Comments 0
Previously, foreign corporations could legally spending on American elections only through their political action committees. Now, however, U.S. subsidiaries of multinational corporations can spend directly on advertising for and against candidates and issues, although foreign individuals are barred from being involved in the spending decisions.
Despite the near certainty of its defeat because of unanimous Republican opposition, Senate Democrats forged ahead yesterday with a piece of legislation that would enact spending limits on the U.S. subsidiaries of foreign corporations in American elections.
The Democracy is Strengthened by Casting Light on Spending in Elections, or DISCLOSE Act, is a response to the Supreme Court’s decision earlier this year in Citizens United V. Federal Election Commission. In that case the door was opened for foreign corporations to engage in electioneering through independent expenditures funneled through U.S. subsidiaries.
Previously, foreign corporations could legally spend money on American elections only through their political action committees. Now, however, U.S. subsidiaries of multinational corporations can spend directly on advertising for and against candidates and issues, although foreign individuals are barred from being involved in the spending decisions.
Full Story: Republicans Block Measure to Ban Foreign Meddling in U.S. Elections | Economy In Crisis.
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 





