Sunday, January 24, 2010

Citizens United campaign funds ruling leaves Democrats reeling | World news | guardian.co.uk

Citizens United campaign funds ruling leaves Democrats reeling | World news | guardian.co.uk
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The US supreme court has delivered a fresh blow to the Democrats, already reeling from their stunning defeat in the Massachusetts Senate race, by opening the floodgates to huge corporate funding of campaigns for or against presidential and congressional candidates.

In a decision that could have a profound impact on future elections, the court overturned a 20-year-old ruling that barred businesses from paying for campaign adverts. The decision in what is known as the Citizens United case will allow big businesses – such those selling arms, drugs or insurance companies – that already wield influence through lobby groups to openly back favoured candidates who support their interests.

The court also struck down part of a separate campaign finance bill that barred companies and trade unions from publishing political adverts in the closing days of election campaigns.

The ruling was swiftly condemned by liberal pressure groups such as the People for the American Way, which described it as "putting corporate power above individual rights".

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