Speaking truth with power.

Friday, January 29, 2010

In Case You Missed It

Going against two longheld First Amendment precedents, the Supreme Court ruled last week that the government may not ban or limit political spending by corporations in candidate elections. The court ruled 5-4 in favor of extending the First Amendment rights to corporations. The ruling should prove to benefit Republicans greatly as they tend to receive more corporate funding than their Democrat counterparts. But the Dems get more union money, which is also protected under this ruling. So it's not entirely one-sided.

President Obama called it “a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans.”

Whereas big oil, Wall Street banks, health insurance companies and other powerful interests called it "Freaking awesome!" They went on to say, "Justice may be blind, but pretty soon she's gonna have her clothes off, too. We're gonna make it rain up in here!"


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