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UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who covered Washington during all or part of ten of America's presidencies and who has edited alternative journals since 1964. The Review, which has been on the web since 1995, is now published from Freeport, Maine. We get over 5 million article visits a year. See prorev.com for full contents of our site

March 9, 2010

HOW CORPORATIONS WILL BE ABLE TO HIDE THEIR POLITICAL BRIBES

NY TIMES - The Supreme Court decision allowing corporations to spend unlimited money on behalf of political candidates left a loophole that campaign finance lawyers say could allow companies to pay for extensive political advertising while avoiding the disclosure requirements the court appeared to leave intact.

Experts say the ruling, along with a pair of earlier Supreme Court cases, makes it possible for corporations and unions to donate anonymously to nonprofit civic leagues and trade associations. The groups can then use the money to finance the types of political advertisements that were at the heart of last month's ruling, in Citizens United v. Federal Election Commission.

Well before the Citizens United case, certain types of nonprofit organizations were able to pump millions of dollars into "electioneering communications" - highly pointed commercials about political issues that can even mention specific candidates - without revealing their donors.

For the first time, though, as a result of the ruling, corporations will be able to spend unlimited amounts of money on advertisements expressly advocating for a candidate's election or defeat. The ruling also clears the way, for the first time, for corporations to donate money to nonprofit groups that place advocacy advertisements.


1 Comments:

Anonymous Anonymous said...

Is there anything stopping states from enacting laws that would require that all political ads show not only the group that bought the add, but also who are the major funders of those groups buying the ads?

March 12, 2010 12:30 PM  

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