Next President to be elected by Walmart? How a Supreme Court Ruling has Reshaped US Campaign Finance

the court's decision earlier this year giving corporations and unions sweeping new rights to spend money to elect candidates to office.

Click to read the full insightful article here.

From Time.com:

"The new rule that the court laid down completely reshapes the political landscape. Until January this year, if companies such as ExxonMobil or Walmart wanted to throw their weight around in federal elections, they could encourage their employees to contribute their own money to a political-action committee, an indirect route that had inherent limits — notably the fact that there is only so much money employees are willing to give to fight their company's political battles.

Now, ExxonMobil or Walmart can simply go into the district of a member of Congress who is giving them a hard time and spend as much money as it wants to defeat him. "

If that sounds messed up, I'm with you, and so are the majority of Americans.

"An ABC/Washington Post poll found that 80% of Americans oppose the ruling, 65% of them "strongly." Although the Supreme Court was divided on ideological grounds, the general public apparently is not. Along with strong Democratic opposition, 76% of Republicans and 81% of independents believe the Citizens United ruling was wrong."

Read more: http://www.time.com/time/nation/article/0,8599,2001844,00.html#ixzz0t7Mx74yv

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