this is the same guy that spent 750 MILLION untraceable dollars getting elected. this is beyond absurd. this administration is treating the electorate like they are a bunch of retards.
I am sure that this won't work. and, in fact, it is already not working. witness NJ, VA, and MA.
Obama: Ruling a blow to democracyPresident Barack Obama used his weekly address Saturday to attack this week’s Supreme Court ruling that the government cannot ban campaign contributions by corporations, saying it is a blow to his efforts to rein in special interests in Washington.
“This ruling strikes at our democracy itself,” Obama said. “This ruling opens the floodgates for an unlimited amount of special interest money into our democracy. It gives the special interest lobbyists new leverage to spend millions on advertising to persuade elected officials to vote their way — or to punish those who don’t.”
Carrying on with his populist-tinged theme of the past two weeks, Obama said, “We don’t need to give any more voice to the powerful interests that already drown out the voices of everyday Americans.”
Obama said the ruling could make it harder to enact a variety of reforms he seeks, from financial regulatory reform, to shutting down off-shore tax shelters, to passing energy legislation, to health reform.
Obama noted that the ruling may even would allow foreign companies to get involved in American elections, and legal analysts have said it appears they could contribute through U.S.-based subsidiaries.
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