Writings and observations

Actually, multiply it

Not Northwest stories as such, but sure to impact here, and noted in this way on the Blog Blue Oregon:

Two pieces of stunning news this morning:

Goldman Sachs reported record 2009 profits of $13.4 billion

The U.S. Supreme Court says corporations now have unlimited rights to influence elections.

Let’s see – unimaginable profits plus unrestricted ability to spend on elections. I wonder how that’ll turn out?

Added. The court’s majority opinion said, “This Court now concludes that independent expenditures, including those made by corporations, do not give rise to corruption or the appearance of corruption. That speakers may have influence over or access to elected officials does not mean that those officials are corrupt. And the appearance of influence or access will not cause the electorate to lose faith in this democracy.” Wrong on all counts. Possibly not since Plessy v. Ferguson has this court been so profoundly wrong.

Share on Facebook