Tuesday, July 3, 2012

SCOTUS - Union $$ - Not Speech

Soon they will probalby rule that your $$$ and my $$$ will have restrictions on them.
And only the corporations will have $$$ that can speak in politcal issues.

Great article on CMD today

Here's some snips
Harvard Law Professor Benjamin Sachs notes that "the Court’s concern for avoiding compelled funding of union political speech stands in stark contrast to the lack of concern for compelled funding of corporate political speech."

In Citizens United, the court ruled that corporations (and unions) have a First Amendment right to fund independent political expenditures from their general treasuries. If individual shareholders disagree with the way a corporation is funding political attack ads or bankrolling front groups, they have no right to opt-out and ask that their investments not be used for those purposes. Unions must get this permission. And corporations certainly have no obligation to ask shareholders (who are officially the corporation's owners) to opt-in, and give affirmative permission for their ownership shares in the corporation to be used for political activities. The Court in Knox signaled that unions might have to get this permission.

"To put it simply," Sachs writes, "the law gives employees the right to opt out of funding union political speech, but shareholders get no right to opt out of funding corporate political speech. This kind of differential treatment of political speakers is inconsistent with the American ideal of treating political speakers equally."

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