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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (13953)3/28/2012 9:52:01 PM
From: JBTFD  Read Replies (1) | Respond to of 85487
 
It is not quite a cut and dried as that article presents. The law may be but enforcement is another thing.

The problem is that for the rich laws are not enforced sometimes.

Look at Corzine and MF Global. Stealing money from customer accounts. No arrest.

We are quickly becoming a banana republic.

Also when there is no disclosure of PAC money sources it makes it a lot easier for illegal money to creep in.

capdale.com

"It should come as no surprise that the trigger for foreign contributions possibly finding an inroad into US elections is none other than the Citizens United decision. Here's why. By lifting the prohibitions on corporations' ability to make direct expenditures influencing federal elections, Citizens United allows 501(c)(4) nonprofits to fund independent expenditures and electioneering communications without disclosing where the money came from. Citizens United created an environment in which it is perfectly legal for a shell non-profit corporation to engage in election-related spending on behalf of a hidden interest. And there is nothing to ensure that the hidden interest is not a foreign national, a foreign company or a foreign government."

huffingtonpost.com