Good news for all you poor ol' international corporate conglomerates who've wanted nothing more than to have some small modicum of say in American politics!
Sweeping aside a century-old understanding and overruling two important precedents, a bitterly divided Supreme Court on Thursday ruled that the government may not ban political spending by corporations in candidate elections.
The ruling was a vindication, the majority said, of the First Amendment's most basic free speech principle — that the government has no business regulating political speech. The dissenters said allowing corporate money to flood the political marketplace will corrupt democracy.
Oh, my. I hadn't thought of that! Could something like that even happen? I mean, what would an America that had been corrupted by corporate money and influence even look like? Could we be possibly losing this glimmering populist utopia we know so well?
The case had unlikely origins. It involved a documentary called "Hillary: The Movie," a 90-minute stew of caustic political commentary and advocacy journalism. It was produced by Citizens United, a conservative nonprofit corporation, and was released during the Democratic presidential primaries in 2008.
Citizens United lost a suit that year against the Federal Election Commission, and scuttled plans to show the film on a cable video-on-demand service and to broadcast television advertisements for it.
Look out for the network television premiere of the new musical Obama Antichrist Superstar in the late summer of '12.
And then every night afterwards.
Tags: Corporations, Hillary Clinton, Money, Supreme Court