Articles

Corporate Money Talks

In NLLSA on January 30, 2010 by npesina

Don’t you just love TV commercials? Be honest. I know I do, especially GEICO.

Their marketing team has not one or two but three easily recognizable ads with the gecko, cavemen, and that stack of money with eyeballs (I know you can hear the music in your head right now).

If the GEICO team were in charge of creating a commercial for the recent Supreme Court decision lifting the ban political ads paid for by corporations, they would probably add a functioning mouth to that little stack of money.

Earlier this month the Supreme Court overruled two precedents regarding the First Amendment rights of corporations.

In a 5-4 decision, the Court ruled that the government cannot regulate political speech and corporate money will now be able to bombard your TV screen with political ads. The ban came from a 2002 law that prohibited the broadcast, cable or satellite transmission of “electioneering communications” paid for by corporations or labor unions from their general funds in the 30 days before a presidential primary and in the 60 days before the general elections.

President Obama called the decision “a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans.”

For those of you who are annoyed by TV commercials, they may soon serve as a welcomed escape from political communication.

The NY Times article on the decision.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: