Posted 8 years ago on Dec. 4, 2011, 5:47 p.m. EST by Rico
This content is user submitted and not an official statement
Rep. Ted Deutch (D-FL) is tackling corporate money in politics head on. In one of the greatest signs yet that the 99 Percenters are having an impact, Rep. Ted Deutch (D-FL), a member of the House Judiciary Committee, today introduced an amendment that would ban corporate money in politics and end corporate personhood once and for all.
Deutch’s amendment, called the Outlawing Corporate Cash Undermining the Public Interest in our Elections and Democracy (OCCUPIED) Amendment, would overturn the Citizens United decision, re-establishing the right of Congress and the states to regulate campaign finance laws, and to effectively outlaw the ability of for-profit corporations to contribute to campaign spending.
“No matter how long protesters camp out across America, big banks will continue to pour money into shadow groups promoting candidates more likely to slash Medicaid for poor children than help families facing foreclosure,” said Deutch in a statement provided to ThinkProgress. “No matter how strongly Ohio families fight for basic fairness for workers, the Koch Brothers will continue to pour millions into campaigns aimed at protecting the wealthiest 1%. No matter how fed up seniors in South Florida are with an agenda that puts oil subsidies ahead of Social Security and Medicare, corporations will continue to fund massive publicity campaigns and malicious attack ads against the public interest. Americans of all stripes agree that for far too long, corporations have occupied Washington and drowned out the voices of the people. I introduced the OCCUPIED Amendment because the days of corporate control of our democracy. It is time to return the nation’s capital and our democracy to the people.”
ZenDog chased down a direct link to the legislation at http://teddeutch.house.gov/UploadedFiles/DEUTCH_036_xml.pdf and also provided the text in his comment below. Lockean also found the Senate version introduced by Senator Sanders at http://sanders.senate.gov/imo/media/doc/Saving-American-Democracy.pdf . See the discussion of the Senate version at http://occupywallst.org/forum/sign-bernie-sanders-petition-in-support-of-his-fir/ .
Several folks are already pointing out limitations in the legislation, but we all need to remember this is only the initial version. The Republican red states will likely add language to limit money from Unions, for example, and that's a good thing in my opinion; I want all money out. I don't care how noble the cause, if someone has a case to make, let them make it to us rather than to our elected officials in a dark room with money changing hands. I hope we all agree.
Speaking of ratification, we are all going to have to fight very hard for this because the media outlets will use all their power to stop it; a very large portion of the money flows through them, and they book election years as financial events just like the Olympics. I actually read an investment column pointing out, "Don't forget to move some money back into the media houses, they're predicting even larger reviews from the 2012 election than from the 2008 election."
I hope we can drop the other issues that both divide us internally and separate us from the rest of America to get behind this as a primary objective. As long as we keep fighting over our minor differences, we become factions with no power, just like the status quo desires. Once we have an uncorrupted Democracy, we can use it to settle our differences the way our Founders desired and implement real change in how our government operates.
Everyone take a moment to celebrate ! Our voices are heard, and we can effect change.
Don't celebrate too long, however, we have a lot of work to do !