Showing posts with label citizens united. Show all posts
Showing posts with label citizens united. Show all posts

Saturday, July 30, 2016

Hedge-Fund Money: $48.5 Million for Hillary Clinton, $19,000 for Donald Trump

Political donations from people at hedge funds have vaulted this election, and far more has gone to the Democratic nominee than to the Republican


Hedge funds are playing a far bigger role in 2016 than in past elections—and Hillary Clinton has been the single biggest beneficiary.
Owners and employees of hedge funds have made $122.7 million in campaign contributions this election cycle, according to the nonpartisan Center for Responsive Politics—more than twice what they gave in the entire 2012 cycle and nearly 14% of total money donated from all sources so far.
The lines around what constitutes a hedge fund aren’t always clear in the data, or in the financial industry. But the numbers are stark. The top five contributors to pro-Clinton groups are employees or owners of private investment funds, according to federal data released last week and compiled by OpenSecrets.org, the center’s website. The data show seven financial firms alone have generated nearly $48.5 million for groups working on Mrs. Clinton’s behalf.



http://www.wsj.com/articles/hedge-fund-money-48-5-million-for-hillary-clinton-19-000-for-donald-trump-1469784601?mod=e2fb

Voting is beautiful, be beautiful ~ vote.©

Sunday, July 17, 2016

Hillary Clinton will push constitutional amendment to overturn Citizens United

The ole Article Five trick. 

Democratic presidential candidate Hillary Clinton

WASHINGTON — Democrat Hillary Clinton will call for a constitutional amendment to overturn the Supreme Court’s Citizens United decision in her first 30 days as president, her campaign said.
Clinton was slated to announce the plan Saturday in a video message to progressive activists at the Netroots Nation annual conference, as she works to shore up support among voters loyal to Vermont Sen. Bernie Sanders who made reducing the influence of the wealthy an animating principle of his presidential campaign.
Clinton first made the pledge to overturn the decision in 2015 during the opening week of her presidential campaign. The 2010 high court ruling, which allowed unlimited corporate and union spending in elections, has helped release a flood of political money in federal, state and local contests.
In a statement, campaign officials called overturning the controversial decision a key part of Clinton’s plan to “challenge the stranglehold that wealthy interests have over our political system.”

http://www.politicususa.com/2016/06/18/apple-dumps-trump-refusing-provide-money-technology-gop-convention.html

Voting is beautiful, be beautiful ~ vote.©

Friday, July 1, 2016

State Dept. asks judge for 27 more months to release Clinton staff emails



WASHINGTON, June 30 (UPI) -- The State Department has asked a judge for two more years to sort through emails from four former aides to Hillary Clinton, saying the search method the department used was faulty and omitted thousands more emails than initially thought relevant to a lawsuit by a conservative group.
The group Citizens United sued the State Department last year, seeking access to emails sent by four former Clinton aides: Huma Abedin, Cheryl Mills, Melanee Verveer and Michael Fuchs. The suit seeks access to emails regarding the Clinton Foundation and a firm with close ties to the Clintons, Teneo Consulting.
Voting is beautiful, be beautiful ~ vote.©

Wednesday, June 15, 2016

EXCLUSIVE: Cryptic NY Filing Revealed Clinton Foundation Foreign Donations

Image result for clinton foundation
Clinton Foundation officials used an obscure New York state charity board filing to disclose that the non-profit received nearly $18 million in donations from foreign governments while Hillary Clinton was secretary of state, The Daily Caller News Foundation has learned.  The specific foreign governments were not identified in the document, entitled “Exhibit A.”
The latest filing was submitted last January before the public charity division operated by New York Attorney General Eric Schneidermann, a Democrat. The money was given between 2010 and 2013, the exact years when Clinton was America’s chief diplomat.
The January filings also were unusual in that the latest submission now constituted a third “official” revised version of the Clinton Foundation’s financial statements for the foundation’s activities while Clinton was in public office.
Read more: http://dailycaller.com/2016/06/14/exclusive-cryptic-ny-filing-revealed-clinton-foundation-foreign-donations/#ixzz4BhpFxXF4

Voting is beautiful, be beautiful ~ vote.©

Tuesday, March 22, 2016

Clinton rakes in cash overseas


Hillary Clinton's campaign has held more fundraisers on foreign soil than any other candidate running for president in 2016.
The Clinton campaign has held at least 13 fundraisers overseas so far, involving celebrities such as jazz singer Tony Bennett and fashion editor Anna Wintour, according to tracking of political fundraising invitations by the nonpartisan Sunlight Foundation.

http://thehill.com/homenews/campaign/273575-clinton-rakes-in-cash-overseas
Voting is beautiful, be beautiful ~ vote.©

Wednesday, October 12, 2011

House Amendment to Reverse Citizens United Ruling Meets With Mixed Support

House Amendment to Reverse Citizens United Ruling Meets With Mixed Support

by: Britney Schultz, Truthout | Report
In the wake of the landmark Supreme Court case Citizens United v. Federal Election Commission, which upheld that corporations were "persons" and that their deep-pocket political expenditures were a constitutionally protected expression of their free speech rights, much resistance to the decision has sprung up, from the grassroots to the halls of power in Washington.
Last month, Rep. Donna Edwards (D-Maryland) and Judiciary Committee ranking member John Conyers (D-Michigan) reintroduced an amendment to the US Constitution, HJ Res. 78, which called for a reversal of the Citizens United case by limiting corporate contributions in elections. The bill is cosponsored by 18 US representatives.
Representative Edwards expressed initial hesitation to amending the Constitution, but said that the Supreme Court left her with no other choice after its ruling in Citizens United. 
"Justice John Paul Stevens warned that the Supreme Court's ruling in Citizens United threatened 'to undermine the integrity of elected institutions around the nation,' and how right he was," said Edwards. "Since that flawed ruling was issued, campaign spending by outside groups including corporationssurged more than four-fold to reach nearly $300 million in the 2010 election cycle." 
According to a poll conducted last year by Hart Research, an overwhelming majority of American voters agree that corporate spending has more to do with buying influence in Washington than with exercising free speech; 95 percent of those polledagreed that, "Corporations spend money on politics to buy influence/elect people favorable to their financial interests." 
The proposed amendment targets corporations' First Amendment "political speech rights," but does not include corporations' commercial "free speech rights." Rep. Edwards said that Congress has other routes of "policing" corporate marketing.
While HJ Res. 78 is praised by some activist groups, such as Free Speech for People, others regard the bill as it is written with skepticism, pointing out that it is not a comprehensive solution for groups actively working against the larger issue of corporate personhood.
According to Move to Amend organizer David Cobb, "It is a mistake to oppose Citizens United only on the basis of campaign finance reform." Kaitlin Sopoci-Belknap, also from Move to Amend, told Truthout that, because the bill legitimizes corporations' status as "persons" within the Constitution, it would actually make it harder for groups against corporate personhood to get their agenda through.
Rep. Edwards told YES! Magazine she has faith in passing the amendment: "We've amended the constitution 27 times, and this 28th amendment is no different. Some constitutional amendments have gone rapid-fire through the Congress, and I think that we have the potential for that kind of momentum here."
Creative Commons License

This work by Truthout is licensed under a Creative Commons Attribution-Noncommercial 3.0 United States License.

House Joint Resolution 78 to Amend Constitution on Political Activity by Corporations

Wednesday, September 21, 2011

A Blockbuster Case Yields an Unexpected Result

A Blockbuster Case Yields an Unexpected Result

WASHINGTON — People who hate Citizens United, last year’s blockbuster campaign finance decision by the Supreme Court, tend to blame it for allowing secret money from corporations and unions to flood the political landscape. But the critique is wrong on at least one point — the bit about secrecy.

An often-overlooked part of the Citizens United decision actually upheld disclosure requirements, saying that “transparency enables the electorate to make informed decisions and give proper weight to different speakers and messages.”
Lower courts have embraced the ruling, with at least nine of them relying on Citizens United to reject challenges to disclosure laws, often in cases involving political spending related to social issues. In particular, courts have rejected efforts by groups opposed tosame-sex marriage to keep their supporters and spending secret.
Put another way, you can make the argument that Citizens United has been good for gay rights. “Even Justice Scalia supports donor disclosure,” said Joe Solmonese, president of the Human Rights Campaign, a national gay rights group.
The Supreme Court has left open the possibility that secrecy may be warranted when there is hard proof of illegal harassment of supporters of controversial causes. But justices across the ideological spectrum have so far leaned toward the value of open debate.
“Requiring people to stand up in public for their political acts fosters civic courage, without which democracy is doomed,” Justice Antonin Scalia wrote in another case last year.
None of this means that existing disclosure laws are necessarily adequate. But if they are not, the fault lies with Congress and state legislatures, not the Supreme Court. You can’t blame Citizens United for everything.
It is probably true that the more important issue is not which laws have been upheld, but rather which bills were never passed. But it is also true that the Supreme Court is likely to sustain aggressive disclosure laws if they are enacted. The part of Citizens United that everyone remembers was its main ruling, allowing unlimited campaign spending by corporations and unions. The court decided that part by a 5-to-4 vote, split along the classic ideological fault line. People forget the second aspect of the decision, this one favoring disclosure and decided by a lopsided vote. Only Justice Clarence Thomas dissented.
The two parts of Citizens United are not hard to harmonize. Citizens United takes the libertarian view that people may be trusted to evaluate the messages they hear and need not be sheltered from the responsibility of critical thinking. The theory is as applicable to the marketing of soda and cigarettes as it is to that of political candidates.
Citizens United itself concerned a slashing polemical documentary about Hillary Rodham Clinton paid for by a conservative advocacy corporation that wanted to distribute the film on a video-on-demand service during the Democratic presidential primaries in 2008, when Mrs. Clinton was seeking the party’s nomination.
The five-justice majority in Citizens United said that speech about politics is at the core of what the First Amendment protects, that more speech is better than less and that the government has no business deciding who can speak or how much.
It is a small step from that reasoning to saying, as eight justices did, that it helps to know who is advancing the ideas you are evaluating. You probably trust some sources of information more than others, for instance, and you may examine an argument more skeptically if it happens to align with the speaker’s self-interest.
Richard L. Hasen, an election law specialist at the University of California, Irvine, added that political science research had shown that disclosure could provide voters with useful information. “If all I tell you about a candidate is that he is backed by the N.R.A. or Planned Parenthood, that is all many voters need to know,” he said. “The disclosure serves a shortcut function.”
James Bopp Jr., a driving force behind the Citizens United case and a leading critic of campaign finance regulation, acknowledged that his side had been on something of a losing streak in disclosure cases, including in a pair of decisions last month from the United States Court of Appeals for the First Circuit, in Boston, that upheld laws fromMaine and Rhode Island requiring the disclosure of election-related spending.
“It is true,” Mr. Bopp said, “that some courts, particularly most recently the First Circuit, have treated Citizens United’s endorsement of disclosure as novel, which it isn’t, but also as carte blanche for any regulation.”
Mr. Bopp is right that the Supreme Court has long been comfortable with disclosure requirements. But Ciara Torres-Spelliscy, a law professor at Stetson University in Florida, said that lower courts had in the years before Citizens United grown skeptical of compulsory transparency, sometimes saying that it chilled First Amendment rights by imposing burdensome reporting requirements. “Before Citizens United, there was a very alarming trend in this area,” she said.
In a recent article in the Georgia State University Law Review, Professor Torres-Spelliscy described “the dramatic 180-degree turn that the law has taken” in the wake of Citizens United on the issue of disclosure.
These days, Professor Hasen said, “lower courts have been taking their cue from Citizens United that disclosure laws, even if they are intrusive, are constitutional.
”