The Philadelphia Inquirer Editorializes on Potential Influx of Corporate Money and Need for Fair Elections Now ActSubmitted by Johnny Papagiannis on Mon, 11/09/2009 - 10:48am.
Posted in: Congress | Fair Elections Now Act | Philadelphia Inquirer | Rep. Bob Brady | Supreme Court
Yesterday The Philadelphia Inquirer ran an editorial on the pending Supreme Court case that could allow a huge flow of corporate money into our elections and calls on Rep. Bob Brady (D-Pa.) to move forward with the Fair Elections Now Act.
"Total spending on federal elections in 2008 was more than $3 billion from political parties, outside groups, candidates, and PACs. While that's a lot of money, imagine how much disproportional influence could be wielded by a Goldman Sachs, or a Microsoft, pouring money from its corporate treasury directly into individual races for the U.S. House or Senate. During the 2008 election cycle, Fortune 100 companies amassed profits of $605 billion."
Click here for the full editorial.
18 comments
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