Al Franken Drops a Truth Bomb On The Senate: Citizens United Is Money Laundering

[unhappycamper]

http://www.politicususa.com/2014/09/09/al-franken-drops-truth-bomb-senate-citizens-united-money-laundering.html



Al Franken Drops a Truth Bomb On The Senate: Citizens United Is Money Laundering
By: Jason Easley
Tuesday, September, 9th, 2014, 3:07 pm

~snip~

(remarks from the Senate floor)

This is real, M. President: spending by outside groups more than tripled from the 2008 presidential election to the 2012 presidential election, when it topped a billion dollars – that’s billion with a “b.” What happened in the interim? Well Citizens United was decided in 2010 – the floodgates were opened.

And, worse still, the middle-class isn’t just being flooded; it’s being blindfolded, too – because these wealthy special interest groups often can spend the money anonymously, so voters have no idea who’s behind the endless attack ads that fill the airwaves. Here’s how it works: if you have millions of dollars that you want to spend, you can funnel it through back channels so that it ends up in the hands of a group – typically one with a generic and benign-sounding name – that uses the money to buy ads, often without disclosing the source of its funds.

This whole thing looks to me a lot like money laundering – except that it’s now perfectly legal. And, again, this is real: a study just came out which showed that, in the current election cycle alone, there’s already been over 150,000 ads run by groups that don’t have to disclose the source of their funding.

And get this: things are only getting worse. Earlier this year, in a case called McCutcheon v. Federal Election Commission, the Supreme Court was at it again, recklessly doing away with a law that prohibited people from giving more than $123,000, in the aggregate, directly to candidates in an election cycle. One-hundred-and-twenty-three-thousand-dollars. Who has that kind of money lying around to spend on elections? The super-rich, maybe. But the middle class sure doesn’t. The folks I meet with in Minnesota – who are trying to make ends meet, pay off their student loans, train for a new job, save some money to start a family – they sure don’t. And those are the folks who most need a voice here in Washington.

[Feral Child]

1. Clearly stated,

but who will listen?

Our governance has been handed off to the aristocrats, democracy is effectively dead.