In a chat with the website Reddit, President Obama called for serious look at a constitutional amendment to reverse the Supreme Court's Citizens United ruling.
"Over the longer term, I think we need to seriously consider mobilizing a constitutional amendment process to overturn Citizens United (assuming the Supreme Court doesn't revisit it). Even if the amendment process falls short, it can shine a spotlight of the super-PAC phenomenon and help apply pressure for change," Obama wrote.
The 2010 case Citizens United v. Federal Election Commission allowed for unlimited corporate and union spending on electioneering communication.
(Also on POLITICO: Strangest Reddit questions for Obama)
Critics charge that it has opened the door for big-money anonymous contributors to dominate politics — but many of the third-party issue ads and big money outside groups were legal before the decision.
More immediately, Obama renewed his call for strict disclosure rules.
"Money has always been a factor in politics, but we are seeing something new in the no-holds barred flow of seven and eight figure checks, most undisclosed, into super-PACs; they fundamentally threaten to overwhelm the political process over the long run and drown out the voices of ordinary citizens," Obama wrote.
"We need to start with passing the Disclose Act that is already written and been sponsored in Congress - to at least force disclosure of who is giving to who. We should also pass legislation prohibiting the bundling of campaign contributions from lobbyists," Obama wrote.
Obama's allies are currently running a super PAC on his behalf, but they refuse to accept anonymous donations.
Wednesday, August 29, 2012
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via politico.com
Tuesday, August 28, 2012
Friday, August 24, 2012
Take Back America For The People: CHAPTER SEVENTY SEVEN. THE TECTONIC PARADIGM SHIFT...
Take Back America For The People: CHAPTER SEVENTY SEVEN. THE TECTONIC PARADIGM SHIFT...: This essay is devoted to the unknown author of the Biblical text found in John: 32: Ye will know the truth, and the truth shall make yo...
New World Order and the GOP far radical right wing nuts
Check out this website I found at blogtalkradio.com
These sick evil people want to control the world
Thursday, August 23, 2012
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Friday, August 10, 2012
New Analysis Shows Romney Tax Plan Would Raise Taxes On Middle Class Families By More Than $2,000
New Analysis Shows Romney Tax Plan Would Raise Taxes On Middle Class Families By More Than $2,000: pOn the campaign trail, Mitt Romney has been promising that he will cut taxes “across the board,” while also instituting tax reform that will not add to the nation’s deficit. But a new report from the Tax Policy Center at the Brookings Institution shows that this is much easier said than done. In fact, if [...]/p
Thursday, August 9, 2012
How Romney Would Make It Easier For American Companies To Avoid Taxes, Outsource Jobs
How Romney Would Make It Easier For American Companies To Avoid Taxes, Outsource Jobs: pRepublican presidential candidate Mitt Romney’s plan to overhaul the American corporate tax code would “exacerbate the worst features of our current tax system” by giving corporations more than $1 trillion in tax breaks and providing an incentive to outsource jobs and stash profits overseas, according to Seth Hanlon, the director of fiscal reform at the [...]/p
Wednesday, August 8, 2012
Monday, August 6, 2012
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