Friday, January 22, 2010
Return of the Gilded Age
As if the loss in Massachusetts wasn't bad enough this week, yesterday the Supreme Court overturned a decades old law that kept corporations and unions from using money from their treasury to support a candidate for office and kept them from using thinly veiled support advertisement right up to the actual election. This was of course led by Mitch 'Moonshine' McConnell, Republican from Kentucky. This means that now corporations, which already have a stranglehold on government and elections will have even more of one. They didn't overturn the 1907 law (though they'd like to I'm sure) that keeps corps from outright giving money directly to candidates, but the path we're following may be leading there. I really hope that Obama gets the chance to replace some more SC judges in his term because the SC has kept this country more conservative even in less conservative times like the 90's because Republicans appointed judges for all but 4 years from 1968 to 1992. Think about that! The 1907 law was one of many passed during the Progressive period that put an end to the Gilded Age where big business ran the country for 40 years after Reconstruction. Are we headed for a New Gilded Age? Are we already there? With all that has happened with banks and Wall Street over the past few years it's like they've set up shop in the White House so what's the fucking difference? And is it coincidence that this happens after Republicans get their asses kicked in 2006 and 2008 and now sentiments are changing and we have an election this year? I think not.
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