........During his address last Wednesday, the president asserted that the Supreme Court had "reversed a century of law to open the floodgates -- including foreign corporations -- to spend without limits in our elections."
Hans von Spakovsky, a legal scholar at The Heritage Foundation, notes that Congress did not ban independent political expenditures by corporations and labor unions until 1947 -- but for three decades after the law was passed, the Supreme Court "went out of its way" to avoid upholding its constitutionality.
He says it is also "completely wrong" for the president to claim the Supreme Court has cleared the way for "foreign corporations" to spend without limit on U.S. elections.
"There's a federal statute," explains the scholar, "that bans foreign corporations, foreign governments, foreign political parties, and foreign individuals from not only contributing money to federal candidates, but they also cannot engage in what's called 'independent political expenditures.'
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Obama's false claims taken to task
Discussion in 'Political Debate & Discussion' started by Revmitchell, Feb 2, 2010.