It's a terrific explanation of why corporate giving to troglodytes like Emmer is fundamentally (and dangerously) different than all the other ways corporations can insert money to clog the populist drain.
Carey Alexander at The Consumerist:
[Corporate] PACs were the vehicle corporations used to spend money on elections, which sounds an awful like what is happening now, but isn't. The difference is in the funding. Corporations weren't allowed to donate directly from their corporate treasury to PACs. Instead, the corporation's employees needed to donate money to the PAC as individuals. That meant a few thousand dollars from the CEO and the other board members, and anyone else who trusted the corporation to represent its interests. The PAC was limited by whatever money it could collect—that Target had millions in its corporate treasury meant nothing if they could only collect thousands from their employees. From those limited funds, the PAC could then donate to candidates and make independent expenditures.The article also contains an excellent discussion of what's wrong with corporations "expressing their views," and also why corp spending like this inevitably supports the most backward-looking fellows among us.
The Supreme Court didn't like this system one bit and tossed it out in a case called Citizen's United. The reasoning . . . boils down to this: corporations, like people, have a right to speech, and because money is speech, limitations on corporate spending are unconstitutional. As a result, corporations are now free to promote their views by making unlimited independent contributions that flow directly from their corporate treasuries.
So now, [Target CEO Gregg] Steinhafel's ability to spend isn't limited by his ability to collect contributions from his individual employees. Instead, as the CEO of Target, he can use his corporation's treasury to spend as much corporate money as he wants to support whoever or whatever he wants. That's how Best Buy and Target were able to give $250,000 from their corporate treasuries to a group with a shadowy name that supports anti-gay bigots.
About boycotts — Keep in mind that if money is speech, your money is speech as well. So is your neighbor's. Buy at Target, get a talking-to is a rule you can apply anywhere you're standing. (And don't forget Best Buy.)
MoveOn is organizing a boycott — you can join it here. They also suggest selling the stock of early-testers of the Citizens United decision, such as Target and Best Buy. Target stock has fallen recently in the wake of the Emmer story. Our Betters are getting careless; shining a light is not a bad tactic at all.
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