DEMS CAVE IN TO CORPORATE POLITICAL POWER

Should bank robbery be legal, as long as the robbers wear name tags?
Archive You're reading an older Hightower Lowdown article. Jim's still writing — twice a week on Substack.
Jim Hightower's Radio Lowdown
Jim Hightower's Radio Lowdown
DEMS CAVE IN TO CORPORATE POLITICAL POWER
Loading
/

Should bank robbery be legal, as long as the robbers wear name tags?

Such an absurd concept is at the core of the proposal by Democratic congressional leaders to “restrain” the ability of corporations to steal America’s elections. Corporate giants – from Wall Street to Walmart – were unleashed to pull off such robberies by the Supreme Court in an absurd January decree that corporations are “persons” with free-speech rights and, therefore, are entitled to spend unlimited sums of money from their massive corporate treasuries to run their own campaigns to defeat or elect anyone they want.

Enjoying Hightower's work? Join us over at our new home on Substack:

This is the nuclear bomb of politics, empowering corporations to drop megatons of money on candidates, literally letting this narrow special interest buy our government.

Democrats promised quick action to stop this armed robbery of the People’s democratic authority. But – flexing milquetoast rather than muscle – the Dems proposed nothing but a disclosure bill. It meekly accepts the “right” of corporations to steal people’s political power – as long as the barrage of corporate campaign ads come with name tags, revealing who’s doing the stealing.

Yet, so-called leaders of the party are now even backing off on disclosure, watering down their own milquetoast. First came the NRA, shooting a hole in the bill to let them escape the disclosure requirement. Of course, other entities – from AARP to the U.S. Chamber of Commerce – want the same exemption, so it’s fast becoming a non-disclosure bill… and a joke.

Backers say that these exemptions are the “only way” to win enough votes to pass the bill. What wimps! There is another way – Democrats should get out of Washington, where corporate money already rules, and go to the people, rally grassroots America to ram meaningful reform down the throats of these thieves.

“Loopholes Grow In Bill To Offset Campaign Ruling,” The New York Times, June 18, 2010.

Keep reading Jim
Get the free Lowdown
Jim's twice-weekly commentaries delivered free to your inbox. No credit card, no catch.
No credit card. Unsubscribe anytime.
Go deeper
Get everything Jim's got
Live Q&As, the Chat & Chew series, radio archives, and more. Less than a cup of coffee a month.
Subscribe for $40/year
Special rate for original Lowdown readers
Regular price: $50/year
Jim Hightower's Lowdown
The Lowdown moved —
Jim didn't stop writing.

Get Jim's commentaries delivered every Tuesday and Thursday — free, to your inbox. Join 50,000+ readers.

Get the free Lowdown →
or go paid
Subscribe for $40/year
Special rate for original Lowdown readers — regular price $50/yr