Corporate Coup d'état Essay

1136 Words 5 Pages
Wall Street’s takeover of the Obama cabinet is now complete. Officially it started on Jan. 32, 2010, on that day the Supreme Court ruled that the government may not ban corporations from political spending on elections. Thus opening the floodgates allowing for corporations to use their vast treasuries to overwhelm elections and intimidate officials into doing their bidding.
Citizens United v. FEC was the landmark court case regarding the political spending of large corporations. Since this allows companies to throw as much money as they want to the political elector of their choice, essentially the Supreme Court has handed more power to the small sector of the population that dominates the economy. One year after this decision was made
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A staffer inside the halls of congress summarized the dangers posed to the integrity of the legislative process by the Citizens United case when he asked “How do I say ‘no’ to a deep-pocketed corporate lobbyist who now has all the resources necessary to defeat my boss in the next election?”(Public Citizen) 75 seats in Congress switched parties in the November election and in 60 of those races, the winning candidate reaped more money from outside groups - money that would otherwise not be available if not for Citizens United. There are also no real paper trails to find examples of corporations using general treasury funds on advertisements aimed at influencing the outcome of elections because the Disclose Act was block in Congress. There is now controversy surrounding this landmark case in regards to Justice Antonin Scalia and Clarence Thomas conflicts of interest. Did these two men have conflicts of interest when voting on this case? The watchdog group Common Cause filed a petition with the Justice Department urging it to investigate whether the justices should have recused themselves from the case due to conflicts of interest. Common Cause alleges that both justices were paid guests at exclusive gathering organized by the Koch Industries, where conative business leaders and elected official secretly strategized around elections (Gonzalez). If

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