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Originally posted by ownbestenemy
reply to post by angrysniper
Can I ask pass what? The question is ambiguous
contribute to funds for attack ads, or even positive ad campaigns.
Originally posted by seattletruth
In my opinion, only you people who now think that this is "not a big deal" have been fooled.
Like I said before, my father is a lawyer who writes law book that is bought all around the world.. He understands the scope of the law.
In his opinion this law truly is horrible. Why?
Although the law does not allow corporations to contribute directly to campaigns, it now allows them to contribute to funds for attack ads, or even positive ad campaigns. Their direct contribution was never the question.
Also, the ruling does not specifically BAR foreign corporations. It simply does not rule against them. You can bet your ass now that the gates have been opened, foreign corporations will invest in these campaign funds, simply because they are not specifically prohibited now.
You people don't seem to understand the concept that one single ruling that is not so bad, or all encompassing, can in effect open the flood gates for other rulings... especially when it comes to the supreme court.
Only the ones who believe this ruling will not have wide sweeping effects are the fools.
We need not reach the question whether the Government has a compelling interest in preventing foreign individuals or associations from influencing our Nation’spolitical process.
Cf. 2 U. S. C. §441e (contribution and expenditure ban applied to “foreign national[s]”).
Section 441b is not limited to corporations or associations that were created in foreign countries or funded predominantlyby foreign shareholders.
President Barack Obama and other critics say the court’s decision to let corporations spend their money to directly influence elections opened the floodgates to foreign involvement.
That was a step too far. At the moment, foreign corporations may not spend any money in U.S. elections under a provision of federal election law that was untouched by the high court.
The court’s majority opinion by Justice Anthony Kennedy specifically left for another day "whether the government has a compelling interest in preventing foreign individuals or associations from influencing our nation’s political process.
Originally posted by endisnighe
reply to post by Detailed Perfection
I do not know where or who you got your information from but the info is wrong.
From opensecrets.org
The figures profiled here include money from two sources: These contributors were either the sponsors of a PAC that gave to the politician, or they were listed as an individual donor's employer. Donors who give more than $200 to any federal candidate, PAC or party committee must list their occupation and employer. Based on that information, the donor is given an economic code. These totals are conservative, as not all of the individual contributions have yet been classified by the Center. In cases where two or more people from the same family contributed, the income-earner's occupation/employer is assigned to all non-wage earning family members. If, for instance, Henry Jones lists his employer as First National Bank, his wife Matilda lists "Homemaker" and 12-year old Tammy shows up as "Student," the Center would identify all their contributions as being related to the "First National Bank" since that's the source of the family's income. Although individual contributions are generally categorized based on the donor's occupation/employer, in some cases individuals may be classified instead as ideological donors. A contribution to a candidate may be given an ideological code, rather than an economic code, if the contributor gives to an ideological political action committee AND the candidate has received money from PACs representing that same ideological interest.
Also from the Federal election laws-
(c) Recordkeeping. The treasurer of a political committee shall keep an account of— (1) all contributions received by or on behalf of such political committee; (2) the name and address of any person who makes any contribution in excess of $50, together with the date and amount of such contribution by any person; (3) the identification of any person who makes a contribution or contributions aggregating more than $200 during a calendar year, together with the date and amount of any such contribution; § 432 Federal Election Campaign Laws 14 (4) the identification of any political committee which makes a contribution, together with the date and amount of any such contribution; and (5) the name and address of every person to whom any disbursement is made, the date, amount, and purpose of the disbursement, and the name of the candidate and the office sought by the candidate, if any, for whom the disbursement was made, including a receipt, invoice, or cancelled check for each disbursement in excess of $200.
So the 50 and 200 is correct.
With Obama, he had a total of $178 Million of unnamed donors. These are donors under the $200 donor limit. That is 1/4 of the money Obama raised!
With McCain, even though he was not required to give the donors names for those under the limit, he still did!
Transparency, I think not!
Because I decided either candidate would be a detriment to our country, I decided not to vote. So no partisan attack on my side.
Whomever gave you your information may have been state rules, not national.
As for your statement on the non-contribution of foreigners, how are we to determine the source of contributions if it is not required to release the entire donor list?
The Democratic Party is trying to subvert the TRUE intention of their smear campaign against the Scotus.
This is ALL about disinfo and vilifying business in general. Those damn corporations, they do not deserve to exist, government can do a much better job of running things.
I am all about stopping monopolies and the bankster crooks.
BUT, we cannot allow the moves that they are trying to install. Investigate a little into what they are doing.
Nuff said.
[edit on 2/1/2010 by endisnighe]
Originally posted by seethelight
reply to post by FortAnthem
Nothing in what you posted changed my understanding of the ruling.
America ain't a democracy any more.
If you think the highlighted portion of your post isn't that bad then maybe you never understood what the hubbub was about in the first place.