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Published on Public Campaign Action Fund (http://www.campaignmoney.org)

The Philadelphia Inquirer Editorializes on Potential Influx of Corporate Money and Need for Fair Elections Now Act

By Johnny Papagiannis
Created Nov 9 2009 - 10:48am

Yesterday The Philadelphia Inquirer ran an editorial [1] 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 [2] for the full editorial.


Source URL:
http://www.campaignmoney.org//blog/2009/11/09/the-philadelphia-inquirer-editorializes-on-potential-influx-of-corporate-money-and-need-for-fair-elections-now-a