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Democrats Push Bill to Force CEOs to Appear On Camera in Political Ads

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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-10 07:29 AM
Original message
Democrats Push Bill to Force CEOs to Appear On Camera in Political Ads
Democrats Push Bill to Force CEOs to Appear On Camera in Political Ads


Unhappy over the U.S. Supreme Court’s decision in Citizens United v. FEC, which eliminated campaign spending limits for corporations and labor unions, Democrats in Congress have introduced legislation that seeks to place some restrictions on big-money interests.

For starters, corporations taking advantage of the ruling that spend money on political advertisements would have to put their CEOs on camera saying that they endorse the campaign message.

The bill also would force corporations, unions and other outside groups to inform the government within 24 hours if they engage in campaign-related activity or transfer money to other groups for use in campaigns.

Furthermore, any company whose ownership is more than 20% foreign-owned would be prohibited from benefiting from the Citizens United ruling. The same would be true for businesses that still owe the government for borrowed monies from the TARP program.

http://www.allgov.com/Controversies/ViewNews/Democrats_Push_Bill_to_Force_CEOs_to_Appear_On_Camera_in_Political_Ads_100425
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mucifer Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-10 07:56 AM
Response to Original message
1. That is so pathetic. These guys would love to be on tv. It worked so well to have a
law where the politician says "I'm michelle bachmann and I approved this add". Real reform needs to happen. That is just bullcrap.

Do they really think the ceos don't have such huge egos that they wouldn't love this law?

I don't get it.
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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-10 02:04 PM
Response to Reply #1
4. The supreme court took "Real Reform" off the table with this decision.
Edited on Sun Apr-25-10 02:05 PM by emulatorloo
Given that fact, the public has the right to know which candidate has been purchased by which CEO.
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HughMoran Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-10 08:16 AM
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2. Make them have to be seen with the creepy voice spewing lies
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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-10 02:02 PM
Response to Reply #2
3. Yeah, it is a pretty good idea.
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