Maybe China isn’t the best example since its government didn’t recently stage a coup and hire Lanny Davis to defend it, unlike some other countries I could name, but I find this aspect of yesterday’s campaign finance decision chilling. Greg Palast:
I’m losing sleep over the millions — or billions — of dollars that could flood into our elections from ARAMCO, the Saudi Oil corporation’s U.S. unit; or from the maker of “New Order” fashions, the Chinese People’s Liberation Army. Or from Bin Laden Construction corporation. Or Bin Laden Destruction Corporation.
Right now, corporations can give loads of loot through PACs. While this money stinks (Barack Obama took none of it), anyone can go through a PAC’s federal disclosure filing and see the name of every individual who put money into it. And every contributor must be a citizen of the USA.
But under today’s Supreme Court ruling that corporations can support candidates without limit, there is nothing that stops, say, a Delaware-incorporated handmaiden of the Burmese junta from picking a Congressman or two with a cache of loot masked by a corporate alias.
Maybe we can look forward to ads where creepy guys explain “I’m more comfortable talking to Denise about the Honduran coup”.