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Obama Wants to Take on the Supreme Court

Thursday, the Supreme Court struck a victory for the 1st amendment by declaring large portions of the McCain-Feingold finance law unconstitutional.  Justice Kennedy, writing for the majority said,

…when Government seeks to use its full power, including the criminal law, to command where a person may get his or her information or what distrusted source he or she may not hear, it uses censorship to control thought. This is unlawful. The First Amendment confirms the freedom to think for ourselves.

By striking this down this bad law, large donors (including corporations) will now be able to purchase air time for political ads leading up to an election.  This did not go over well with liberals and I’ll tell you 2 reasons why.

Reason 1

Up until now, corporations had to give money directly to candidates because they could not spend it on advertising.  In the 2008 election, corporations donated significantly more money to Democrat candidates than Republicans.  Here are a few examples.  The percentages may surprise you.

1 Act Blue $3,151,038 100% Dem 0% GOP Solidly Democratic

2 Goldman-Sachs $1,656,954 71% DEM 29% GOP Strongly Democratic

3 Citigroup Inc. $1,582,857 63% Dem 37% GOP Leans Democratic

4 JP Morgan Chase & Co. $1,171,720 68% Dem 32% GOP Strongly Democratic

5 AT&T Inc. $1,094,144 45% Dem 55% GOP On the fence

6 UBS AG $1,068,953 62% Dem 38% GOP Leans Democratic

7 Intl Brotherhood of Electrical Workers $947,815 98% Dem 2% GOP Solidly Democratic

8 Laborers Union $924,500 91% Dem 9%GOP Solidly Democratic

9 Morgan Stanley $923,850 62% Dem 38%GOP Leans Democratic

Now that these companies can actually purchase ads on TV, they will most likely use their money for flashy 30 second commercials instead of giving directly to politicians.  This means Democrats (and plenty of Republicans) will loose money that they have grown accustomed to receiving.  They don’t like this and now Obama and the rest of them are whining about it.

Reason 2

Now, you may be thinking, “If these corporations were already in the tank for the Democrats, won’t they still help the Dems out by running commercials supporting liberal candidates?  Sure, Democrats won’t be getting donations directly anymore, but won’t they still reap the benefits of the corporate money?”  This may have been true if Obama had taken a different route since being sworn in as President.  Unfortunately for Democrats, Obama (and other liberal politicians) has declared war on big business.  Even within the last week, Obama has proposed sweeping new regulation and taxes that could destroy negatively effect big businesses… the same businesses that are now allowed to actively advertise for or against political candidates.  The Democrats have attacked big corporations and now these corporations will be able to fight back.

This has the President and fellow liberals scared.  Obama is so upset that he actually wants to take on the Supreme Court.  He said so himself in his weekly video address posted on the White House website.  It’s very rare that a sitting President actively threatens the Supreme Court.  I think Obama is trying to channel FDR, which makes sense because he is already following FDR’s failed policies of huge government spending with no effect on the economy.

As a side note, while watching the video, see if you can keep track of how many lies Obama tells.  I can’t believe he is still claiming he has no lobbyist influence in his administration!

So, how many lies did you count?

Related posts:

1. President Obama Insults Supreme Court, Alito Plays the Part of Joe Wilson
2. Liberal Logic on the Supreme Court
3. Is Obama Having an Affair?
4. How Low Will He Go? Obama’s Numbers Continue to Drop

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