By Jim Stanford on January 21, 2010
Today’s Supreme Court decision overturning the century-old ban on corporate donations to political campaigns means, in the words of an erudite friend, “Corporations are going to go from mostly owning politicians to completely owning them.”
To fully understand the implications, read this.
The ban in question was passed under Teddy Roosevelt, who said: “All contributions by corporations to any political committee or for any political purpose should be forbidden by law.”
We could use a Bull Moose wielding a big stick.