Thursday, January 21, 2010

High Court Gone Awry

If you thought the U.S. Supreme Court’s recognition of corporations as “persons” was a catastrophic blow to our political system, don’t look now but the high court’s latest decision by the right wing majority may very well be its death knell.

In its 5-4 decision, the nation’s highest court (image above) has granted expanded rights to corporations that allows them to spend as much money as they would like for the purpose of influencing elections. The First Amendment case is titled Citizens United v. Federal Election Commission.

The notion that corporations deserve “personhood” is ludicrous on its face. Firstly, corporations have many protections in the law that are not accorded to individuals. Real persons (human beings) are protected within corporations from any real liability for their actions.

If you doubt this, consider the management of those corporations involved in the infamous Savings & Loan scandals of the 1980’s and 1990’s. They got off scot-free!
In our more recent bank bailouts, the managements responsible for the chaos that created the financial disaster we’re still experiencing also were not held accountable.

"It is a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans," President Barack Obama said.

We can only hope that Congress will find a way to regulate the activities of corporations that would in some small way slow the steady progress toward making the military-industrial complex a complete reality.

The Roberts Court, 2009


CZHA said...

John McCain's experiences with Charles Keating and the savings and loan scandals were substantially behind McCain's collaboration with Russ Feingold toward campaign finance reform.

I'm still waiting to hear Sen. McCain's reaction to the decision that gutted his signature piece of legislation.

William F. Torpey said...

I'd like to hear McCain's reaction to the high court's decision, too. He may have to resort to doublespeak.

Kelly said...

With all of our financial trouble, with all the mis-conduct of those in elected positions, we should heed Eisenhower's words - "Take Nothing for Granted".

Excellent information all voting Americans need.

Anonymous said...

I'm a Democrat, Kelly, but Eisenhower was a "real" Republican, not like the right-wing extremists we have today. I didn't vote for him, but he was OK -- and he often gave us good advice.

Bill Torpey said...

That comment was mine, Kelly. I don't know how it came out as "anonymous."