January 22nd 2010
US Supreme Court Ruling means “For Sale” Sign on Federal Elections?
A U.S. Supreme Court decision this week has ended decades of campaign finance law. The court ruled that corporations may spent as much money as they want on federal political elections. Although, they can’t donate directly to candidates they can run their own ads against or for any candidate. Let the flood begin!
The conservative block of the court in 5-4 ruling said that corporations have the same free speech rights as individuals. President Obama called the ruling “a major victory for big oil, Wall Street banks, health-insurance companies and other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans.” The ruling is being viewed as a big win for Republicans and big money corporations. Money will pour into presidential now from large companies. Every commercial on TV during a federal election is probably going to be a political ad. I’m going to love my DVR so much during the next Presidential election.
We can expect companies to endorse certain candidates based upon support for certain issues important to company profits. While opponents may feel a chilling effect against taking a strong stand on an issue, like National Park oil drilling. The candidate can expect a flood of TV ads against him/her from the oil companies.
Here in Washington state we won’t see much change in state elections. Washington already does not have any limits on how much corporations can spend to support Washington state candidates. Companies cannot give money directly to a candidate but can run independent ads of their own in support or opposition of a particular political candidate.
What I see here is a continuation of the U.S. Supreme Court’s shift towards more conservative rulings. The additions of Justices Roberts and Justice Alito are swinging the court from a more liberal trend to a more conservative trend. This has happened throughout the history of the court. The pendulum swings back and forth from liberal to conservative and back again. In my opinion we will continue to see decisions in favor of corporations at the expensive of individuals for many years to come.
Max Meyers, Esq.

