"Today's decision does far more than simply provide Fortune 500 companies with a massive megaphone to blast their political views to the masses; it also empowers them to drown out any voices that disagree with them." Rep. Alan Grayson (D-FL), who is already pushing legislation to rectify the Court's decision, warned, "The law itself will be bought and sold. It would be political bribery on the largest scale imaginable." "The Supreme Court has thrust politics back to the robber-baron era of the 19th century," the New York Times writes today.
In 2008, "the Obama and McCain campaigns combined to spend just over $1.1 billion, an enormous, record-breaking sum at the time," but a small fraction of what corporations have available. "With hundreds of billions of dollars of corporate profits at stake every time Congress begins a session," wrote Millhiser, "wealthy corporations would be foolish not to spend tens of billions of dollars every election cycle to make sure that their interests are protected.
No one, including the candidates themselves, have the ability to compete with such giant expenditures." David Kirkpatrick wrote in the New York Times that the Court "has handed a new weapon to lobbyists. If you vote wrong, a lobbyist can now tell any elected official that my company, labor union or interest group will spend unlimited sums explicitly advertising against your re-election."
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