NY Times:A Century-Old Principle: Keep Corporate Money Out of Elections

Written by admin on August 11th, 2009

The New York Times has an important piece on the issue of corporate campaign contributions.  These contributions have been banned since the early 1800’s but a new Supreme Court case may change that.  See the article here: (NY Times registration is required)

http://www.nytimes.com/2009/08/11/opinion/11tue4.html?_r=1&th&emc=th

In an 1816 letter, Thomas Jefferson declared his hope to “crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country.”

This skepticism was enshrined in law in the early 20th century when the nation adopted strict rules banning corporations from contributing to political campaigns. Today that ban is in danger from the Supreme Court, which hears arguments next month in a little-noticed case that could open the floodgates to corporate money in politics.

The Best Government Money Can Buy? is a non partisan documentary which looks at these issue from a insider’s perspective.

 

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