Cashizslick
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Court decision opens floodgates for corporate political spending - Kenneth P. Vogel - POLITICO.com
My vote was worth next to nothing before this happened... now its officially worth nothing.
The Supreme Court on Thursday opened wide new avenues for big-moneyed interests to pour money into politics in a decision that could have a major influence on the 2010 midterm elections and President Barack Obama’s 2012 reelection campaign.
The long-awaited 5-4 decision overruled all or parts of two prior rulings by the court that allowed governments to restrict corporations and unions from spending their general funds on ads expressly urging a candidate’s election or defeat. But the decision upheld disclosure requirements for groups like the one that brought the case.
My vote was worth next to nothing before this happened... now its officially worth nothing.