22 January 2010

Campaign Finance Judgment

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Some people I know seem upset about the Supreme Court's decision this week on the auspices that it will introduce excessive corporate power into the political process. Any time you allow money to influence politics, you run the risk of people making choices for the wrong reason. However, prior to this decision, that was exactly the case.

The type of money available prior to this judgement are directly responsible for the current situation under the current administration. Under McCain-Feingold, the only businesses that could comment on political campaigns were news organizations. Most of them endorse the exact same candidates from the exact same parties in every city in every election. The President will almost certainly speak in the State of the Union of his "tax credit" which as I previously commented has already worn itself out without making much of a difference. Work no longer pays, and it didn't pay us very much.

I know you worry about the supreme court case, but when I see which politicians are unhappy with this decision (like McCain who touted himself during the '08 campaign as pro-free speech), I know it's the right decision. Besides, there was a time when every home was essentially a small business. The women kept the household and kept the books and exchanged the goods and services either provided, produced, or procured by the men for the disposition of the family.

Now that the court has rolled this back, we will find more involvement in politics by corporations. I am pro-laissez-faire, not because I am pro-corporation, but because I am pro-freedom. Corporations may only be as conscientious as those who control them, but governments inevitably devolve into the hands of tyrants or those who desire so to be.

This also means that YOU can do whatever you like now. If you are now successful or ever hope to be, conscientiously conservative capitalism is the only way to empower you to compete with demagogues who continue to write special rules for themselves and a double standard for us.

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