Citizens United v. FEC

Super PACs Make 2008 Look Like Child's Play

In total, the candidates in the 2008 presidential election spent just over $1 billion on their campaigns. Just four years ago, President Obama raised $750 million, primarily via small donations from grassroots supporters. But the landscape looks pretty different in 2012: that amount will be surpassed by just a handful of GOP patrons and super PACs alone.

Made possible by the Supreme Court’s decision in Citizens United, dark money organizations like Restore Our Future and American Crossroads will raise and spend virtually unlimited amounts to prop up Mitt Romney and the rest of the Republican ticket. Politico notes that American Crossroads and the affiliated Crossroads GPS, a Karl Rove brainchild, is expected to spend up to $300 million. That’s almost as much as John McCain spent on his entire 2008 run.

The bulk of campaign expenditures go to advertising – and $1 billion certainly buys a lot of airtime. Thanks to Citizens United, this elite group of financiers can buy the loudest, most far-reaching voice in the 2012 elections. The amount collected by Super PACs and 501 c(4)s dramatically dwarfs traditional party and direct-campaign fundraising, which is the mechanism by which the grassroots are able to contribute to the process. The contrast is stark:

Restore Our Future, the pro-Romney super PAC, spent twice as much on the air as the campaign did in the thick of the primaries: Through March, the campaign had put $16.7 million into TV, while ROF shelled out $33.2 million.

In Florida, the super PAC outspent the campaign, $8.8 million to $6.7 million. (The campaign can get more spots per dollar because of more favorable rates.) In Michigan, it was $2.3 million to $1.5 million. In Ohio, ROF outspent the campaign, $2.3 million to $1.5 million.

The Citizens United decision has granted the 0.01% more leeway to try to buy our democracy than ever before. The sheer numbers make the need for constitutional remedies to overturn that decision and restore the balance of influence in our elections to everyday Americans is more apparent than ever.

PFAW

Citizens United Turns 2012 Race into Billionaire's Playground

If there was any question that the Supreme Court’s decision in Citizens United skews the balance of influence in our elections to the rich, an analysis by Rolling Stone shows that the real beneficiaries of the decision are really the very very rich. This profile of the 16 donors who have given at least $1 million to super PACs supporting Mitt Romney, including hedge fund managers, hotel tycoons, oil barons and of course, William Koch, reveals who is making the biggest impact in the presidential election.

In a democracy, we should be electing those who represent vast swaths of the American people. But one thing is clear: the special interests propping up Romney’s campaign have very little in common with average Americans. As Rolling Stone notes:

Most of the megadonors backing his candidacy are elderly billionaires: Their median age is 66, and their median wealth is $1 billion. Each is looking for a payoff that will benefit his business interests, and they will all profit from Romney's pledge to eliminate inheritance taxes, extend the Bush tax cuts for the superwealthy – and then slash the top tax rate by another 20 percent. Romney has firmly joined the ranks of the economic nutcases who spout the lie of trickle-down economics.

How are these individuals able to throw so much of their wealth into the race? Essentially, Citizens United allows individuals and corporations to skirt the caps on contributions to campaign treasuries by funneling money through entities like Super PACs and 501c4 organizations:

Under the new rules, the richest men in America are plying candidates with donations far beyond what Congress intended. "They can still give the maximum $2,500 directly to the campaign – and then turn around and give $25 million to the Super PAC," says Trevor Potter, general counsel of the Campaign Legal Center. A single patron can now prop up an entire candidacy, as casino magnate Sheldon Adelson did with a $20 million donation to the Super PAC backing Newt Gingrich.

It’s unlikely that these donors are throwing so much money into the race solely for bragging rights – they certainly have agendas of their own. Most of the individuals profiled in the article stand to benefit from Romney agenda: more tax cuts to the rich, lax regulation of Wall Street and other industries, a hamstrung E.P.A, lucrative government contracts – and their outsized contributions demonstrate their belief that money buys influence. Citizens United exacerbated this unfortunate reality. At least that can be fixed by the people, with an amendment to the Constitution.

PFAW

Senators Argue for Constitutional Amendment, DISCLOSE Act on Senate Floor

On Capitol Hill yesterday, Senators Sheldon Whitehouse (D-RI), Jeff Merkely (D-OR), Tom Udall (D-NM) and others took to the floor to speak about the state of campaign finance today, thanks to the Supreme Court’s decision in Citizens United. Although the only way to completely fix the decision would be for the Supreme Court to reverse itself or to pass a Constitutional amendment to overturn Citizens United, the DISCLOSE Act of 2012 (“Disclose 2.0”) is critically important legislation that would bring much-needed transparency to the political process.

Sen. Whitehouse began by analyzing the dramatic increase in unregulated, anonymous spending in our elections. “In the 2010 elections, the first after Citizens United, there was more than a four-fold increase in expenditures from Super PACS and other outside groups compared to 2006, with nearly three-fourths of political advertising coming from sources that were prohibited in 2006.” He noted that outside groups are vastly outspending the campaigns themselves – yet there is so much overlap between campaigns and PACs that their differences are hard to distinguish.

“Our campaign finance system is broken. Action is required to fix it,” Sen. Whitehouse said. “Americans are disgusted by campaigns that succeed or fail based on how many billionaires the candidates have in their pockets.”

Senator Udall made the case that amending the Constitution to ensure that elections remain about the quality of ideas instead of the quantity of dollars spent is a worthy cause: “We cannot truly fix this broken system until we undo the flawed premise that spending money on elections is the same thing as exercising free speech. That can only be achieved in two ways: the Court can overturn Buckley and subsequent decisions based on it, something the current court seems highly unlikely to do; or we can amend the Constitution to not only overturn the previous bad Court decision, but also to prevent future ones. Until then, we will fall short of the real reform that is needed.”

“I know amending the Constitution is difficult, and it should be,” continued Sen. Udall, who then quoted PFAW Senior Fellow Jamie Raskin: "'A constitutional amendment always seems impossible, until it becomes inevitable.’” Sen. Udall also noted the growing grassroots movement that has led to more than 200 state and local resolutions calling for a Constitutional amendment that have been adopted around the country.

Senator Jeff Merkley engaged in a colloquy with Senator Whitehouse, focusing on the first three words of the preamble to the Constitution, “We the People.” The senators discussed the fundamental conflict with that fundamental value posed by the Citizens United decision. Watch below:

PFAW

Big Business: We'll Spend Big Money on Elections

The U.S. Chamber of Commerce plans to take full advantage of the Supreme Court’s Citizens United decision to push its right-wing agenda, according to its president, Tom Donohue. As reported by USA Today, Donohue told reporters at a breakfast hosted by the Christian Science Monitor earlier this week that under that decision, the Chamber can and will run “an aggressive program” and will not disclose its donors.

Donohue also suggested that estimates that the business group would spend $50 million on the 2012 elect were too low. Thanks to Citizens United, individuals, corporations and organizations like the Chamber of Commerce can make unlimited, often anonymous expenditures on ads supporting or attacking candidates. Until that decision is overturned, disclosure rules would at least shed light on the process and give Americans insight into who is using their wealth to disproportionately influence elections.

But that’s not how Donohue sees it: “The disclosure thing…is all about intimidation.” While requiring disclosure might makes sense on the surface, he said, “in this instance you become a target.”

Americans deserve to know who’s trying to buy their elections. Even far-right Supreme Court justice Antonin Scalia knows that "Democracy requires a certain amount of civic courage." Donohue’s demand that corporate entities be allowed to pour money into elections without having to show their faces makes his agenda perfectly clear: it’s not about democracy or free speech, it’s about maximizing corporate profits by any means necessary.

PFAW Foundation

Bipartisan Call to Re-examine Citizens United

As the Supreme Court decides whether or not to hear a challenge to Montana’s prohibition on corporate independent expenditures to affect state elections, Senators John McCain (R-AZ) and Sheldon Whitehouse (D-RI) urged the court to let the Montana law stand, according to a report in Roll Call. Since that decision was handed down, super PACs have spent close to $100 million in this election. It’s time to take another look at the system and restore the balance of power to the people.

In the wake of Citizens United, the 2010 Supreme Court decision that opened the floodgates to unprecedented, unlimited corporate spending on politics, municipalities across the country have enacted resolutions calling for a constitutional amendment to overturn the decision. Passed before the Supreme Court’s decision, Montana has refused to stop enforcing its clean elections laws. Three corporations have filed a challenge, claiming the law is invalid under the Court’s ruling.

The Court can and should use this case as a means to full re-examine the Citizens United decision. Justice Ruth Bader Ginsburg acknowledged that the case presents the Court with an opportunity to re-examine the Citizens United case. “A petition for certiorari will give the court an opportunity to consider whether, in light of the huge sums currently deployed to buy candidates’ allegiance, Citizens United should continue to hold sway,” Justices Ginsburg, joined by Justice Stephen Breyer, wrote in a statement.

Senator McCain is a longstanding proponent of campaign finance reform, and Senator Whitehouse is a supporter of a constitutional remedies to overturn Citizens United. Together they filed an amicus brief, echoing the justices’ concerns: “Evidence from the 2010 and 2012 electoral cycles has demonstrated that so-called independent expenditures create a strong potential for corruption and the appearance thereof. The news confirms, daily, that existing campaign finance rules purporting to provide for ‘independence’ and ‘disclosure’ in fact provide neither.” Representative Chris Van Hollen (D-MD), Montana Attorney General Steve Bullock and others also filed briefs urging the Court to either let the Montana ban stand or re-examine the Citizens United Ruling. A decision as to whether to hear the case is expected by June.

The Supreme Court was wrong when it decided that corporations should be able spend their vast treasuries on elections. The State of Montana is providing a welcome chance to fix that mistake.

PFAW

A Look at Citizens United in Practice

Since the Supreme Court’s decision in Citizens United, election watchers have predicted that the influx of unaccountable and often anonymous election spending would lead to a dramatic increase in dirty, dishonest attack ads. A report by the New York Times confirms those fears. High-profile Republican strategists for a super PAC funded by TD Ameritrade founder Joe Ricketts created a proposal titled “The Defeat of Barack Hussein Obama: The Ricketts Plan to End His Spending for Good,” which lays out an aggressive character attack against the President. Focusing on his former pastor, the Rev. Jeremiah A. Wright Jr., the ads will seek to portray the President as unfit to lead because of his formative experiences – a strategy that his 2008 opponent, Senator John McCain, refused to authorize. Even Mitt Romney has avoided such attacks, believing that they would backfire – but unaccountable super PACs are not necessarily taking it off the table:

“Our plan is to do exactly what John McCain would not let us do: Show the world how Barack Obama’s opinions of America and the world were formed,” the proposal says. “And why the influence of that misguided mentor and our president’s formative years among left-wing intellectuals has brought our country to its knees.”

How can one person’s extreme opinion make its way to aerial banners flying over the Democratic Convention, outdoor advertisements and television screens across the country?

“Joe Ricketts is prepared to spend significant resources in the 2012 election in both the presidential race and Congressional races,” said Brian Baker, the president and general counsel to Mr. Ricketts’ super PAC, called the Ending Spending Action Fund. “He is very concerned about the future direction of the country and plans to take a stand.”

Thanks to his wealth and Citizens United, he can do just that. Unfortunately, average Americans don’t have this luxury, and our democracy suffers greatly as a result.

Following the outcry in response to today’s article, Mr. Ricketts issued a statement claiming he had never approved the plan and disavows the type of politics it represents, saying that the proposal “was never a plan to be accepted but only a suggestion for a direction to take.” Nonetheless, the critical harm posed by Citizens United is clear. Just because Mr. Ricketts chose not to run this attack ad doesn’t mean that someone else won’t. The need to amend the Constitution to overturn Citizens United to protect our democracy from the lopsided influence of wealthy special interests is even more clear today.

PFAW

Good Government Advocates Call on Governor to Sign CT Disclosure Bill

“Stand By Your Ad” Law Would Shine Light on Super PAC Abuses

Hartford, CT. – A coalition of good government groups including Common Cause, People For the American Way, Public Citizen, Demos, Credo Action, Democracy 21 and the New Progressive Alliance are calling on Connecticut Governor Dannell Malloy to sign H.B. 5556, “Changes to Campaign Finance Laws and other Election Laws,” which just passed just passed the General Assembly. The bill would require public disclosure of major corporate and individual donors to Super PACs and other independent groups, bringing increased transparency and accountability to Connecticut’s elections.

The bill would strengthen existing “Stand By Your Ad” provisions, which require political ads to disclose the five top contributors. Additionally, individuals and corporations would no longer be able to use intermediaries to shield campaign contributions from public view.

“Since Citizens United opened the floodgates to massive amounts of undisclosed, unaccountable political spending, Connecticut has been on the forefront of the effort to limit the outsized influence that corporations and special interests have on our democracy,” said Cheri Quickmire, Executive Director of Common Cause Connecticut. “By signing H.B. 5556 into law, the Governor can help us take an important step toward fairer elections. This bill would protect our candidates from anonymous attacks and corrupting ads. No longer would wealthy special interests be able to take advantage of the system by using shadowy front groups to evade Connecticut law and hijack our democratic system.

“We need H.B. 5556 to take effect and strengthen Connecticut’s disclosure laws before the 2012 elections. Secretive political spending has already had a major impact on Connecticut’s citizens, so we must act now to protect the integrity of our elections.”

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Senate Judiciary Committee to Hold Hearings on Constitutional Amendments to Overturn Citizens United

Washington, DC – The Senate Judiciary Committee will hold hearings to examine pending proposals to amend the constitution to remedy Citizens United, committee chairman Patrick Leahy (D-VT) announced today. The hearings will be led by Constitution Subcommittee Chairman Richard Durbin (D-IL) and take place on July 17. During the 112th Congress, 24 U.S. senators have sponsored or co-sponsored one of 13 proposed constitutional amendments aimed at overturning the Supreme Court’s flawed 2010 decision.

“The American people expect our democratic government to put the people’s interests first,” said Marge Baker, Executive Vice President at People For the American Way. “But, since Citizens United, we’ve seen unprecedented amounts of money flooding into our political system and giving undue influence to corporations and special interests. The only way to address this assault on our democracy is by amending the Constitution. I commend Senator Leahy, Senator Durbin and the Constitution Subcommittee for taking an important step to advance the debate about how to best return the balance of power to the people.”

The vast majority of Americans oppose Citizens United, and a grassroots movement calling on public officials to take action is growing stronger. This year, 51 progressive organizations submitted a letter to congressional leaders calling for these very hearings, and more than 1,000 public officials from 41 states are already on record in support of constitutional remedies to overturn Citizens United. More information on the effort to amend the Constitution can be found at www.united4thepeople.org.

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The Partisan Advantages of Citizens United

 

Just how much has Citizens United altered the electoral landscape? While the overall amount of outside money in politics has risen dramatically with each passing election cycle, the Citizens United decision eliminated restrictions on corporate and special-interest spending to influence or elections. The result shows that the new rules have stacked the deck in favor of Republicans.

This chart from the Center for Responsive Politics shows how, while spending by outside groups has been on the rise since the 90’s, it was not until 2010 Supreme Court decision that conservatives saw a sudden, major advantage in outside-expenditure spending on their behalf:

Total Liberal vs. Conservative Outside Spending, Excluding Party Committees

As Ian Milllhiser at Think Progress notes, the much of the 2012 spending on Republican candidates went to intra-party contests during the primaries, though it will likely continue through the general election. But the overall trend is clear: As a result of the Citizens United, Republicans will continue to enjoy outsized spending on their behalf by corporations.

PFAW

Record-Breaking Effort to SEC: Disclose Corporate Spending on Elections

Until a constitutional amendment can overturn Citizens United, progressives around the country are working on various legislative workarounds to address the flood of corporate money being spent to influence our elections. While only a constitutional amendment can restore to the American people the authority to regulate such spending, there are several ways to compel companies to disclose their political spending to the public and bring much-needed accountability to corporations that use their vast treasuries to sway our elections.

The Securities and Exchange Commission (SEC) has the rulemaking authority to require corporations to disclose their political spending to their shareholders. This is significant because so many Americans are shareholders in one form or another: if you own a 401(k) or similar retirement account, you’re a type of shareholder; and the companies you invest with could be spending your money to support candidates or fund attack ads – all without your knowledge.

The American people have told the SEC to do its job. Yesterday, we broke the record for total number of comments submitted to the SEC on a particular rule: 178,000 Americans have written to the SEC, telling them to protect Americans from the undue influence of wealthy corporations and special interests. PFAW supporters contributed a sizeable chunk of about 24,000 signatures to the effort.

The Corporate Reform Coalition, a group of progressive organizations including PFAW, Common Cause, Public Citizens, U.S. Public Interest Research Group, the Coalition for Accountability in Political Spending and others has been pushing a consumer-driven campaign to ask corporations to refrain from engaging in political spending. We are also pursuing legislative solutions like the Shareholder Protection Act as well as other means to help shine light on the influence of corporate money in our democracy.

PFAW

The American People Reject Citizens United. Whose Representatives are Listening?

Recent polling indicates the vast majority of Americans believe that corporations and special interests have too much sway in our elections – a whopping 85 % of voters said that corporations have too much influence over the political system, and 93% said that average citizens have too little. Across all parties, a full 62% specifically oppose Citizens United, the deeply flawed 2010 Supreme Court Decision that opened the floodgates to massive corporate and special interest spending in our elections.

This deep disapproval is manifest in the growing grassroots movement taking hold across the country fighting for a constitutional amendment to overturn that decision. While there’s a long way to go, the people represented in these polls are making their voice heard, and our elected officials are taking action.

The 89 members of Congress who have endorsed one of the 13 federal resolutions to overturn Citizens United introduced thus far during the 112th Congress are acting on this sentiment. These proposed amendments are diverse, and are reflective of the robust and serious debate Americans are having across the country on what constitutional approach would best solve the problem. In addition, as significant is the groundswell of support at the local and state level that far transcends this total. To name just a few, the City Councils of New York City, NY, Oakland, CA, Los Angeles, CA, Albany, NY, Missoula, MT, and Boulder, CO have all adopted their own resolutions, as have the legislatures of states like Hawaii, New Mexico and Vermont (and in Maryland, where the state Constitution does not permit the passage of non-binding resolutions, a majority of legislators in both houses have signed a letter calling for a constitutional amendment). When given the chance to vote directly, the citizens of 64 towns across the state of Vermont have passed ballot measures supporting a constitutional amendment.

So far, 91 million Americans are represented by public officials who have declared their support for a constitutional amendment to overturn Citizens United. 24 Senators, representing 75 million constituents, have sponsored or cosponsored a version of an amendment. Across the Capitol, 65 members of the House of Representatives, representing an additional 16 million people.

Progress is being made, but there’s still more work to do to fill these maps with dark shades of yellow and green. But this is a “movement moment” – and with the ever-increasing support of public officials, advocacy organizations and citizen activists, it can be done.

PFAW

Capitol Hill Summit: Overturn Citizens United!

PFAW joined members of Congress, state and local officials, advocacy organizations and concerned citizens for a Capitol Hill summit to amplify the call for a constitutional amendment to overturn Citizens United, the 2010 Supreme Court decision that helped usher in unprecedented levels of corporate spending to influence our elections.

The speakers recounted the toll that Citizens United has taken on our democracy, as their colleagues must contend with the outsized influence that wealthy special interests hold over the political system, and how it is absolutely imperative for Congress to have the authority to regulate campaign contributions and require disclosure. While there are many approaches under consideration, it was clear to all that amending the Constitution is a necessary step to restore our democracy. So far, 13 constitutional amendments have been introduced in the current session.

It’s a long road to ratification, but there is a rapidly growing grassroots movement taking hold across the country to get this done. State Representatives and City Councilmen took to the podium to share their constituents’ enthusiasm for a constitutional amendment, and many states and cities across the country have already adopted resolutions calling for such an amendment.

The summit concluded with a call for public officials to sign the Declaration for Democracy, a simple statement of support for amending the Constitution “to protect the integrity of our elections and limit the corrosive influence of money in our democratic process.”

Here is a video and photos of the event.

 

 

 

PFAW’s Marge Baker opens the Summit as members of Congress, local and state officials and activists look on. “We the people means all the people, not just the powerful and privileged.”

PFAW’s Diallo Brooks introduces several local government officials as Representative Keith Ellison (D-MN) signs the Declaration for Democracy.

Maryland State Senator and PFAW Senior Fellow Jamie Raskin describes the Supreme Court’s flawed logic in the Citizens United decision. Quoting Justice White: “The state need not let its own creature [corporations] devour it.”

Rep. Keith Ellison watches as PFAW’s Marge Baker signs the Declaration.

The Declaration for Democracy: “I declare my support for amending the Constitution of the United States to restore the rights of the American people, undermined by Citizens United and related cases, to protect the integrity of our elections and limit the corrosive influence of money in our democratic process.”

PFAW

The American People Reject Citizens United. Whose Representatives are Listening?

To: Interested Parties

From: Marge Baker, Executive Vice President, People For the American Way

Date: April 18, 2012

Re: The American People Reject Citizens United. Whose Representatives are Listening?

91 million Americans are represented by one of the 89 members of Congress supporting a constitutional amendment to overturn Citizens United v. FEC, according to a new analysis by People For the American Way. To date, a total of 24 U.S. Senators and 65 U.S. Representatives have sponsored or co-sponsored an amendment to the constitution seeking to undo the damage caused by the flawed decision that paved the way for unprecedented levels of corporate and special interest influence in our elections, as tracked by United For the People.

Over 75 million people live in the states represented by pro-amendment senators, according to 2010 census data. In states still awaiting senatorial support, an additional 16 million people live in congressional districts represented by a member of the House who has signed on to a proposed amendment, bringing the total to 91 million. Considered separately, the 65 supporting members of the House represent 42 million Americans.

The Citizens United decision is immensely unpopular among voters, and a majority of Americans support amending the Constitution to overturn Citizens United. In fact, a 2010 PFAW poll showed that 85% of voters say corporations have too much influence over the political system, while 93% said that average citizens have too little. More recent polling commissioned by Public Campaign shows that these concerns translate to a full 62 percent across all political parties that oppose Citizens United, with nearly half strongly in opposition. The survey also found that more than three-quarters of voters say that it is important for candidates to make campaign finance reform a key election issue, and two-thirds of voters consider reducing the influence of lobbyists and money in politics to be an important factor in their vote.

The 89 members of Congress who have endorsed one of the 13 federal resolutions to overturn Citizens United introduced thus far during the 112th Congress are acting on this sentiment. These proposed amendments are diverse, reflective of the robust and serious debate Americans are having across the country on what constitutional approach would best solve the problem. In addition, as significant is the groundswell of support at the local and state level that far transcends this total. To name just a few, the City Councils of New York City, NY, Oakland, CA, Los Angeles, CA, Albany, NY, Missoula, MT, and Boulder, CO have all adopted their own resolutions, as have the legislatures of states like Hawaii and New Mexico, and when given the chance to vote directly, the citizens of 64 towns across the state of Vermont have passed ballot measures supporting a constitutional amendment.

The groundswell of support for a constitutional amendment among the American people represents a “movement moment,” and members of Congress who are taking action – on behalf of 91 million constituents so far – are on the right track. A constitutional amendment is a profound but necessary measure to restore the balance of influence in our elections to the American people. The issue of undue corporate and special interests in our democracy is a big problem that requires a big solution. Measures that require more disclosure of the sources of the big money in politics, call for public financing of elections or require greater corporate accountability to shareholders for corporate political spending would all mitigate the problems caused by the Court’s radical decision in Citizens United. But because the Court rested its decision in that case on flawed constitutional grounds, the only way to fully remedy the decision is by amending the Constitution to ensure that Americans’ voices are not overwhelmed by massive corporate and special interest spending in elections.

A broad and diverse group of organizations, under the banner of United For the People, are pressing creative ways for activists and public officials to engage on this issue. Activists are encouraging local, state and federal public officials, even those who haven’t yet decided on specific amendment language, to support these efforts by joining the simple call for constitutional remedies to overturn Citizens United and related cases. Officials can sign the simple declaration of support here. Activists across the country are encouraged to take the declaration to the public officials that represent them and encourage them to sign.

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Media Advisory: Capitol Hill Summit on Overturning Citizens United

FOR PLANNING PURPOSES                                  

House and Senate Members to Host Activists and Advocacy Groups for Congressional Summit on Amending the Constitution

Washington, DC – On Wednesday, April 18, a number of United States Senate and House members will host People For the American Way (PFAW) and other advocacy organizations alongside local and state government representatives and citizen activists for a summit to explore the need for constitutional remedies to overturn Citizens United. As sponsors of proposed constitutional amendments, the Senators and Representatives are highlighting the growing grassroots movement to restore our democracy and amend the Constitution to overturn Citizens United and restore government by the people.

Senators Bernie Sanders (I-VT), Charles E. Schumer (D-NY) and Tom Udall (D-NM) will join Representatives Ted Deutch (D-FL), Donna F. Edwards (D-MD), Keith Ellison (D-MN), and Jim McGovern (D-MA) for the discussion. Other speakers include People For the American Way’s Executive Vice President Marge Baker and Maryland State Senator Jamie Raskin.

 

WHAT : Congressional Summit to Overturn Citizens United

 

WHO:

Senator Bernie Sanders                                       People For the American Way

Senator Charles E. Schumer                                 Public Citizen

Senator Tom Udall                                              Center for Media and Democracy

Representative Ted Deutch                                  Common Cause

Representative Keith Ellison                                  Communication Workers of America

Representative Donna F. Edwards                          Move to Amend

Representative Jim McGovern                                American Sustainable Business Council

                                                                       Free Speech for People    

 

WHEN :          Wednesday, April 18, 2012

                      11:00 a.m. – 12:00 p.m.

 

WHERE :        Capitol Visitors Center, HVC 215

  

RSVP :           Please click here to RSVP.

 

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PFAW Applauds the Citizens United Resolution Effort of YEO and Newark, Delaware City Councilmember Ezra Temko

Ezra recently put forth a resolution in support of efforts to reverse the Citizens United decision
PFAW

PFAW Rallies for Corporate Political Spending Disclosure at SEC

PFAW joined a group of bipartisan organizations and public figures at a rally outside the Securities and Exchange Commission (SEC) in Washington today to demand that the agency use its authority to require publicly-traded corporations to disclose their political spending. Currently, corporations can use their treasuries to spend unlimited amounts to influence our elections – but that money belongs to the corporation’s investors. If you’re one of the millions of Americans with a 401 (k) or similar retirement account, it could be your money being spent for political purposes without your knowledge or approval.

That’s why disclosure is so important. Democracy depends on transparency, and until we can pass a constitutional amendment to undo the harmful effects of Citizens United and related cases that have helped to bring on the current crisis in our elections, a SEC rule requiring corporate disclosure is a powerful start. At the rally, themed “Wake up SEC,” pro-democracy groups made the case that the SEC needs to do its job and protect Americans from the undue influence of wealthy corporations and special interests. The American people are increasingly alarmed by the effects of money in politics, and we need a regulatory agency that is not asleep at the switch.

To make the point, over 75,000 people sent letters to the SEC in support of the proposed rule.

 

 

 

PFAW

PFAW Joins Call Urging SEC to Require Disclosure of Corporate Political Spending

Publicly Traded Companies Should Have to Reveal Political Activity, Groups Say at Action

WASHINGTON, D.C. – The Securities and Exchange Commission (SEC) should require publicly traded companies to disclose their political activity, People For the American Way, the Coalition for Accountability in Political Spending (CAPS), Public Citizen, Common Cause, U.S. Public Interest Research Group (USPIRG) and other groups said at a rally today held outside the SEC building. The action highlighted the need for disclosure of corporate spending in elections in the wake of the U.S. Supreme Court’s decision in Citizens United v. Federal Election Commission, which allows corporations to spend unlimited amounts from their treasuries to influence elections.

As participants in the Corporate Reform Coalition, the groups also pressured the commission to act through an avalanche of public comments submitted to the commission. Currently, more than 75,383 people have submitted comments to the agency. The Supreme Court endorsed full disclosure by an 8-1 majority in the Citizens United ruling and one SEC Commissioner, Luis Aguilar, has voiced his support.

“As we work toward a constitutional amendment to undo the harmful effects of Citizens United, a rule requiring publicly-traded corporations to disclose their political spending would be a powerful step toward curbing the undue influence that well-heeled special interests hold in our elections,” said Marge Baker, Executive Vice President of People For the American Way. “A functioning democracy requires transparency – and today we urge the SEC to take action to uphold that fundamental value.”

To learn more about the Corporate Reform Coalition, visit: http://www.corporatereformcoalition.org.

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A Jury of One's (Corporate) Peers

This week saw a brief but telling exchange before the Supreme Court involving the constitutional status of corporations.
PFAW Foundation

Whether Supporting Incumbents or Challengers, Super PACs Put Big Money in Charge

Proponents of the Supreme Court’s Citizens United ruling have argued that Super PACs help shake up the almost-guaranteed reelection prospects for congressional incumbents, going so far as to cast Super PACS as a way to bring about a new era of good government. But the very nature of the Super PAC – a mechanism that enables wealthy individuals and special interests to secretly funnel money through corporate political donations in support of their favored candidates – practically invites corruption.

From the New York Times:

Incumbents in Congress usually have a huge fund-raising advantage over challengers. Big donors correctly assume they will probably be in office for years, and curry favor with contributions that only wealthy challengers can match. So why not try to neutralize this advantage by spending money on behalf of challengers? …

But the method they are using — a super PAC that can collect and spend unlimited amounts of money — is the opposite of good government, and demonstrates the inherent danger in allowing big money to steer election results. The handful of donors say their motives are pure, but the public has no way of knowing what their long-term goals are, or whether they have personal interests in the races they have chosen.

The electoral advantages incumbents enjoy is indeed a problem, but not one that is caused or solved by Citizens United. Super PAC funds are comprised not by grassroots donations but by large contributions from a few wealthy donors. Using these resources to usher challengers into office perpetuates the fundamentally anti-democratic influence of special interests of money in our elections.

Regardless of whether wealthy special interests seek to reelect reliable incumbents or replace them with sympathetic challengers, the end result is that the most influential voice in our elections is not that of the American people. We need a constitutional amendment to overturn Citizens United in order to level the playing field for everyone – wealthy or otherwise.

PFAW
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