Your next president will be brought to you by exxon mobile.
In a sweeping decision that will change the face of the 2010 US mid-term election and beyond, the Supreme Court ruled in a 5-4 decision on Thursday to lift limits on corporate spending in campaigns.
http://www.ft.com/cms/s/0/f17287a0-06aa-11df-b426-00144feabdc0.html?nclick_check=1
The long and the short of it. Before corporations could not donate unlimited amounts of money to candidates, rather they had to raise money from individual employees in a heavily regulated practice that limited how much money they could give to any body running for an elected position. Now corporations can spend as much money as they want getting candidates elected. Goodbye democracy, hello corporate overlords.
But read the full story for real, it's very interesting. John McCain is right, this will obliterate any shred of a visage of democratic elections we still had.
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