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View Diary: One Man's Attempt To F*** Up The Planet (66 comments)

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  •  oz - McCutheon applies only to individuals (1+ / 0-)
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    because McCutheon is exclusively about individual contributions to formal campaign committees. Each contribution is limited to the two year maximum of $5,200. There is no way for corporations to play in the McCutheon game. There is no doubt that it further empowers the wealthy who can now contribute about $3 million each per campaign cycle.

    Citizens United clearly makes it much easier for corporations to engage in political activity, particularly in organized groups. They can spend unlimited amounts for independent expenditures although we really haven't seem corporations as big players yet as opposed to very wealthy individuals who have been. I personally don't think we will see many of the Fortune 500 active in funding independent expenditures.

    My only point was that if you have a media empire like Murdoch, in the US you don't need anything else to influence politics. CU doesn't add much to your arsenal.

    "let's talk about that" uid 92953

    by VClib on Thu Jul 24, 2014 at 04:01:39 PM PDT

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