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JAPAN NEWS AND DISCUSSION

CEOs to Congress: Quit calling us for campaign cash

World Jan. 23, 2010 - 06:41AM JST ( 12 )

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12 Comments

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MolenirJan. 23, 2010 - 08:18AM JST

This sounds an awful lot like Clean Elections, thats about to get tossed for being Unconstitutional.
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adaydreamJan. 23, 2010 - 09:01AM JST

Corporations can buy as much political influence as money can buy. That includes companies owned by US citizens as well as foreign investors. Those companies owned by Japan, China and India and any other country that owns interest can donate money, make political videos and grab as much of the public stage as US companies.

They can put out media material all the way up to election day. The 30 restriction in the McCain/Feingold Bill means nothing anymore.

This ruling by the Supreme Court may be much more danger then you can imagine. < :-)
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MolenirJan. 23, 2010 - 10:53AM JST

No, actually its the opposite. It means that companies, can now inform their employees and others, when government policies threaten them, and their livelihoods. Dangerous? Perhaps if you're the one promulgating the policy that will cost these companies jobs.

The first and foremost of our liberties is political liberty. All of our other rights depend on its being sustained. It is essential that American elections be free and open. With that in mind, why shouldn't a company have just as much right as anyone to speak? Why should government be allowed to decide who can and cannot speak? And is it in the best interests of Democracy to forbid one type of company from speaking, but allow another?
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dontknockitJan. 23, 2010 - 10:56AM JST

Capitalism gone haywire. There should always be monetary limits. Otherwise you just hand it all to the richest group. And if you ask me, the richer people are, the more proof you have that they are greedy and selfish and sneaky. Its a lot harder to get so rich if you are generous and forthright and honest. Who do you want to lead?
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ShonanMaruNo2Jan. 23, 2010 - 10:59AM JST

Related:

"77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency."

from Bloomberg
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lostrune2Jan. 23, 2010 - 01:55PM JST

Many powerful US corporations and entities are now owned or controlled by foreign governments (unlike the US, such governments can operate commercial businesses and NPOs). From oil companies to tobacco to environmental organizations. They can now more directly influence the vote of the American people. Get ready to be bombarded by election ads more than ever this coming autumn (if you think Super Bowl ads are overblown...).
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Helter_SkelterJan. 23, 2010 - 06:28PM JST

the richer people are, the more proof you have that they are greedy and selfish and sneaky.

The proletariat workers must rise against the bourgeoisie ruling class. Workers of the world unite! :-D
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yosunJan. 24, 2010 - 12:00AM JST

It's time for these big corporations to pay more tax! Without protection from the US government, many of these companies should be bankrupt long time ago. The US autos, beef... etc. are not so good but still can be sold to other countries only because the US government is too powerful!
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BadseyJan. 24, 2010 - 05:10AM JST

These CEOs need not worry -there is still plenty of bail-out ObamaDollars to go around. You just jet-set to DC, shake your cup and do the photo Op.
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MolenirJan. 24, 2010 - 10:52AM JST

The proletariat workers must rise against the bourgeoisie ruling class. Workers of the world unite! :-D

North Korea is always looking for a few good men. Admittedly it sends them to Labor camps, but if you're looking for this kind of rule, why quibble. By all means, ask if NK will take you.
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WhiteHawkJan. 25, 2010 - 03:49PM JST

Here's a scenario: Congressional leaders call private-sector CEOs to "testify" about the economy (get blamed on camera for not hiring more people and selling more products), pass more taxes and regulations on said private-sector industries (which reduces their ability to hire people and maintain or increase production), and hit them up for campaign contributions all at the same time.

Coming soon to a C-SPAN broadcast near you.