Home > Political > America For Sale

America For Sale

October 13th, 2010 Leave a comment Go to comments

One story not getting too much attention (I wonder why) is that money from foreign donors is making its way into the U.S. electoral process through the Chamber of Commerce. Thanks to the Supreme Court’s decision in the Citizens United case earlier this year, corporations and other financially powerful interests can spend unlimited amounts of money on campaign ads.

The Chamber of Commerce is the largest lobbying organization in the U.S. and the second-largest spender in mid-term elections. They represent the nation’s biggest corporations and financial institutions.

If I’m a country that would benefit from a weakened United States, I can now spend money to help remove effective politicians from office and put in place a bunch of morons who will drive the country into the ground. If I’m a foreign corporation that would benefit from the U.S. continuing to make weak regulation and complete disregard for the environment the order of the day, I can spend as much money as I want to get politicians who will protect the status quo elected.

The Chamber of Commerce of course denies that foreign money is being used to fund campaign ads, but while it may be true that foreign entities don’t directly choose which races to get involved in, their donations go to the same pool of money from which the Chamber pays for the ads it buys. If I’m a foreign country or corporation, I don’t have to be specific about how the Chamber of Commerce spends my money—it’s enough that I know that their interests are aligned with mine.

Everyone should be up in arms about this, including the Tea Party crowd. We’re literally putting our country on sale to the highest bidder. How long before this auction becomes a “Going Out of Business” sale?

  1. No comments yet.
  1. No trackbacks yet.