DemWit sadly notes that two honest champions of both Wall Street reform and campaign finance reform - Rep. Alan Grayson (D-FL) and Sen. Russ Feingold (D-WI) – targets of attack ads, lost their bids for re-election Tuesday.
Here’s a word the far-right – and conservatives who went along with them on November 2 - might want to learn: plutocracy.
1. Government by the wealthy.
2. A wealthy class that controls a government.
3. A government or state in which the wealthy rule.
The big joke of the week is that some Americans think a grassroots movement has swept candidates into office. You know, those salt-of-the-earth patriots who contributed their nickels and dimes to fight big government.
What these candidates really represent is a group of malleable buffoons bought by big bucks from big business. Millions of bucks funneled through their campaigns – as Patton said, “like grease through a goose” – to other big businesses – the corporate media.
So, with vicious attack ads across America, Americans got the worst representatives money could buy.
All this was made possible, of course, by the Supreme Court ruling in Citizens United v. Federal Election Commission (2010). This decision is, in a nutshell, “a landmark decision by the United States Supreme Court holding that corporate funding of independent political broadcasts in candidate elections cannot be limited under the First Amendment. The 5–4 decision, in favor of Citizens United, resulted from a dispute over whether the non-profit corporation Citizens United could air a film critical of Hillary Clinton, and whether the group could advertise the film in broadcast ads featuring Clinton's image, in apparent violation of the 2002 Bipartisan Campaign Reform Act, commonly known as the McCain–Feingold Act.”
This “free speech” ruling opened the floodgates for corporations – foreign and domestic – to pour millions of campaign dollars into innocuously named front groups.
In the first general election since SCOTUS’ ruling, American voters were sold a bill of goods – and our democracy is on its way to becoming a plutocracy.
If you don’t know what leader manipulated wealthy businessmen on his rise to power, you had damned well better brush up on your history.
FOR FURTHER STUDY:
“Tea Party Vows to Block Campaign Finance Reform,” a news analysis by Zach Carter of The Media Consortium, an independent media group, 4 November 2010: LINK
Citizens United v. Federal Election Commission (2010), wikipedia: LINK
Plutocracy, wikipedia: LINK