Here’s a troubling video of Senator Roy Blunt (R-MO) being asked about whether or not it would be fine for foreign corporations to influence elections in total secrecy - using the legal disposition created by Citizens United v. FEC and Speechnow v. FEC. Even if the Senator Blunt answer is not reflecting a clear stand for or against foreign influence in the general elections, his answer suggest that the disclosure act “isn’t a serious legislative issue”.
A Chinese, Russian, or Venezuelan corporation can legally influence American elections in secret, simply by setting up a corporation here, then funding a 501(c) group with some innocuous name to run attack ads. The ads could help elect lawmakers who support trade or foreign policy issues favorable to these countries, and the whole process would be perfectly legal and undisclosed under our current campaign finance system.
In the very same time, the Associated Press released a poll result showing that
63 percent believe corporations or unions should not be able to spend as much as they want supporting political candidates, while 30 percent said they should spend freely.
Read the post here.
More than $130 million in secret money sailed through this loophole and into the 2010 elections; hundreds of millions more are flowing into this year’s races for control of the White House and Congress.
(via the Huffington Post)