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« Mr. President, why a higher college loan subsidy for government workers? | Main | Bin Laden believes in global warming »

January 29, 2010

Comments

Neo

To paraphrase one of Mr. Obama's own lines, Obama acted stupidly.
Starting at the end of page 46 (53 of the pdf)

We need not reach the question whether the Government has a compelling interest in preventing foreign individuals or associations from influencing our Nation’s political process.
... clearly shows that Obama was wrong.
Perhaps this "Constitutional lawyer" should take the time to actually read the opinions before make a complete ass of himself, like he did in this case.

Kevin

"The Supreme Court did seem to go too far with its Citizens United ruling..."

Could you elaborate, Frank? Because it didn't seem that way to me at all. It seemed like the court went the exactly correct amount of farness in this decision.

I'm all for not allowing foreign corps the same privilege though. Was Obama right about that one? I'd not heard it before.

CJW

Obama was too busy getting "stuff" done to research this ruling.

jj mollo

I don't know about the etiquette, but I don't think he's wrong in his assessment of the consequences. Money is speech. That's true enough. But I expect the coming tidal wave of money to shout down the legitimate interests of the people. What kind of controls will pass Constitutional muster? Congress will not have the nerve to pass anything, now.

And foreign corporations already find ways to influence elections. All they have to do is buy a significant share of any American company, and the board of that company will heed their wishes. Tell me what corporation isn't foreign these days. They all look to their own interests and care not a fig for the country.

Kevin

The libertarians weigh in (video). He always makes sense.

That's a good point, jj. I wonder what could be done about foreign corporations. Probably nothing, since pretty much all corporations are at least partially owned by foreigners - even in the media. Hmm.

jj mollo

Re the video. Ending with the govt interferes with corporations. You should be aware that a lot of govt interference with corporations is really driven by big companies trying to suppress competition from small companies and startups. Big companies spend a lot of time in anti-competitive behavior. Raising the barriers to entry is one good strategy, and if Congress can help do that, so much the merrier.

Frank Warner

If we want to balancing some of our debt-laden books, perhaps we should allow foreign nations to contribute to our political campaigns. Let's take it all the way. They could be allowed to contribute, as long as each contribution meets a minimum of, say, $1 trillion.

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