Thursday, January 21, 2010

Supreme Court Ruling on Campaign Finance

An explanation:

I'll add some brief thoughts later when I can actually watch the video. Here are some thoughts of various people. Barack Obama:
"With its ruling today, the Supreme Court has given a green light to a new stampede of special interest money in our politics. 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. ... We are going to talk with bipartisan congressional leaders to develop a forceful response to this decision."

Chief Justice John Roberts:
"The text and purpose of the First Amendment point in the same direction: Congress may not prohibit political speech, even if the speaker is a corporation or union."
Justice John Paul Stevens:
"The court's ruling threatens to undermine the integrity of elected institutions around the nation."
Theodore Olsen, who argued the case for Citizens United:
"Speech about our government and candidates for elective office lies at the heart of the First Amendment, and the court's decision vindicates the right of individuals to engage in core political speech by banding together to make their voices heard."
Senator Russ Feingold, a Democrat from Wisconsin:
"Presented with a relatively narrow legal issue, the Supreme Court chose to roll back laws that have limited the role of corporate money in federal elections since Teddy Roosevelt was president. Ignoring important principles of judicial restraint and respect for precedent, the court has given corporate money a breathtaking new role in federal campaigns."
Senator John McCain, Republican from Arizona:
"I am disappointed by the decision of the Supreme Court and the lifting of the limits on corporate and union contributions."

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