It's laughable to hear Obama pontificate about the injustices of this decision. "This ruling opens the floodgates for an unlimited amount of special interest money into our democracy," the president said. "It gives the special interest lobbyists new leverage to spend millions on advertising to persuade elected officials to vote their way -- or to punish those who don't."
This, coming from the man who raked in millions from the likes of big corporate George Soros, Warren Buffett, Unions, Goldman Sachs (bailout), Microsoft, Google, Citicorp (bailout), JP Morgan (bailout), IBM, General Electric, Time Warner, etc.
This decision is made to protect everyone, no matter how large or how small, but methinks it will actually benefit the smaller corporations, such as the one who filed this law suit, who do not have the funds to fight off the larger ones. Strike another blow for David against the behemouth Golieth. No wonder Obama hates it.
But that's not going to stop Obama. After all, only God can reverse the Supreme Court!
Because of its very nature, describing the importance of this decision can be complicated, but is important to understand its historic impact. This piece by Jacob Laksin of Frontpage Magazine makes the argument in favor of this monumental decision:
A Victory for Free Speech
by Jacob Laksin, January 22, 2010
Can the government suppress free speech critical of elected politicians? In the home of the First Amendment, that may seem an unusual question to pose. But that was the question before the Supreme Court this week, as it handed down a landmark ruling in the case of Citizens United v. Federal Election Commission.
In a 5-4 decision, the Supreme Court struck down a ban on corporations and labor unions using money from their general funds to produce and air campaign ads in races for Congressional and presidential races. Also overturned was a ban on corporations and unions airing campaign ads 30 days before primary or 60 days before general election.
The case in question dates back to January 2008, when the conservative non-profit group Citizens United produced a documentary critical of then-presidential candidate Hillary Clinton titled Hillary: The Movie. When the Federal Election commission used the McCain Feingold campaign finance law to limit Citizen United’s ability to advertise the film during the 2008 presidential primaries, the group sued to protest the restriction on free speech.
This week, the Supreme Court ruled in Citizen United’s favor. In so doing, it won approval from free-speech advocates and strident criticism from many on the political Left. To discuss the case and its political implications, Front Page turned to Ilya Shapiro, a senior fellow in constitutional studies at the Cato Institute and editor-in-chief of the Cato Supreme Court Review.
FP: The Supreme Court’s decision has certainly stirred its share of controversy. How do you view the Court’s ruling?
Shapiro: This is a big win for free speech. It is the most significant ruling on campaign finance since [the 1976 case] Buckley vs. Valeo and it continued the trend of this court of allowing greater speech in the political arena. It’s a victory for the marketplace of ideas and it’s a victory for democracy.
FP: Some, especially on the Left, don’t see it that way. The New York Times despairs this morning that the decision is a “blow for democracy” that paves the way for “corporations to use their vast treasuries to overwhelm elections.” Is there any merit to the objection that the court’s ruling will distort democracy by empowering corporations while diminishing the voice of regular citizens?
Shapiro: I think the concern about corporations is misplaced. Most corporations are not Exxon. They are smaller companies or non-profits. With the disclosure rules that are in place, voters will still be able to judge which candidate is in the pocket of some corporation, whether it’s the ACLU or the Sierra Club, or the Cato Institute for that matter. We still have laws in place going back to 1907 that prevent direct contributions to candidates.
To the extent that there has been a diminution in the public’s faith in the democratic process, the government is probably more to blame than the corporations. Earmarks, special tax breaks, the dispersal of government goodies and baddies – these types of actions harm democracy much more. McCain Feingold was never about regular citizens. It was a creature of the Beltway. There was no great call from the hinterland to get money out of politics.
I don’t think democracy will be diminished as a result of the ruling. What we could see is more ads like the Swift Boats ads during the 2004 presidential campaign or the Hillary movie. But the way the law stood, some government bureaucrat could have simply banned books that were critical of a political candidate in an election year. That would have been far worse.
FP: In part, there is a partisan argument here. Democrats complain that if you make it easier for corporations t o spend money in political campaigns, you empower Republicans, since the Left considers corporations and Republicans natural allies.
Shapiro: I think that argument is laughable. It’s not at all clear which party would benefit from this ruling. Corporations are highly strategic about what they do with their money. It’s because they want political influence that they donate money to both parties. Goldman Sachs gave more money to Barack Obama than to any other candidate in the last election cycle. They were the number-one donor to his campaign. You could go down the list of Fortune 500 companies and find similar contributions. So when Obama rails that this ruling will help Wall Street, it’s a little rich. He set the record for donors from big companies.
FP: Another common claim among critics of the ruling is that corporations don’t deserve the same First Amendment rights as individuals.
Shapiro: No one is saying that corporations are human beings. But corporations are groups of private individuals who have legal rights. Take Front Page magazine. It’s not an individual. But the government can’t raid your office and just seize your computer. That would be a violation of the Fourth Amendment. Similarly, corporations have First Amendment rights. Think of it this way: George Soros can spend as much as he wants in an election, but if you and a hundred other people get together to spend your money, suddenly, that can’t work. Individuals don’t lose their rights just because they come together to magnify the effects of their donations.
FP: Some claim that this decision bespeaks a political agenda of the court’s conservative majority, that the court had no business hearing the case and seized on it for political purposes.
Shapiro: Justice Roberts has actually addressed this point in his concurring decision. In legal doctrine, you have something called stare decisis, which means that you don’t reverse a precedent even if it’s wrong. People rely on legal precedent. But in this case the precedent was not that old. On top of that, no one relies on having less speech. No one says, ‘I have an interest in self-censorship.’ The court used the smaller issue of the Hillary film to get at the larger issue of how free speech can be regulated. The court is acting properly when it upholds the Constitution.
Jacob Laksin is managing editor of Frontpage Magazine. He is co-author, with David Horowitz, of One-Party Classroom: How Radical Professors at America's Top Colleges Indoctrinate Students and Undermine Our Democracy. His work has appeared in the Wall Street Journal, the Philadelphia Inquirer, The Weekly Standard, City Journal, Policy Review, as well as other publications. Email him at firstname.lastname@example.org.