Republicans Block Measure to Ban Foreign Meddling in U.S. Elections

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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  • Thom’s Blog
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    If we don't change our ways soon...

    A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: "The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choose to rebalance the use of resources to a more egalitarian pattern of consumption... or we can choose to do nothing and to drift into a downward spiral of economic and environmental ills leading to a more unequal and inhospitable future."
    This is the same warning that President Jimmy Carter gave Americans back in the 1970's - but it was ignored when Ronald Reagan came to power with a "more positive" message basically telling Americans we can do whatever we want. And then after 9/11 - Bush told us all we should go shopping and consume ever more.
    And now with corporations calling the shots in Washington - long-term sustainability of the planet takes a back seat to short-term profits. If we don't change our ways soon - and embrace clean, alternative energy and educate women around the plant - then we all could be headed for a rough century.
    -Thom
    (Is there any chance we will learn in time? Tell us here.)
  • LEGALIZE Democracy

    " We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________

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