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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 1, 2010

WAYS TO STOP CORPORATE DOMINANCE OF POLITICS

Fran Korten, Yes Magazine - Amend the U.S. Constitution to declare that corporations are not persons and do not have the rights of human beings. . .

Require shareholders to approve political spending by their corporations. Public Citizen and the Brennan Center for Justice are among the groups advocating this measure, and some members of Congress appear interested. Britain has required such shareholder approval since 2000. . .

Pass the Fair Elections Now Act, which provides federal financing for Congressional elections. . .

Give qualified candidates equal amounts of free broadcast air time for political messages. . .

Ban political advertising by corporations that receive government money, hire lobbyists, or collect most of their revenue abroad. . .

Impose a 500 percent excise tax on corporate contributions to political committees and on corporate expenditures on political advocacy campaigns. Representative Alan Grayson (D-Florida) proposes this, calling it "The Business Should Mind Its Own Business Act."

Prohibit companies from trading their stock on national exchanges if they make political contributions and expenditures. . .

Require publicly traded companies to disclose in SEC filings money used for the purpose of influencing public opinion, rather than for promoting their products. . . .

Require the corporate CEO to appear as sponsor of commercials that his or her company pays for. . .

DETAILS


1 Comments:

Anonymous Anonymous said...

The worm in the apple in this list is "give QUALIFIED candidates equal amounts of free broadcast air time..."

Who or what decides who these "qualified" candidates are? Our biggest problem right now is that two virtually identical corporate parties are the only ones that the press, the election commissions, and the organizers of debates recognize as worthy of attention. If that doesn't change, most of the rest of these ideas would be meaningless.

March 2, 2010 10:34 AM  

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