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Monday, January 2, 2012

The bitch slap heard across Corporate America: Montana High Court Rebukes Citizens United – FreakOutNation

The Montana Supreme Court just sent a chill down Corporate America’s spine. The state’s high court restored the century-old ban on direct spending by corporations on political candidates or committees.

This stunning rebuke of the U.S. Supreme Court’s Citizens United decision in 2010 that deemed corporations as people, which gave them constitutional rights to spend money on political campaigns is a win for democracy.

With Republican Presidential candidate Mitt Romney publicly stating that Corporations are people, perhaps he should take heed of this monumental ruling. This is clearly a sign of the times – the attorney General, Steve Bullock who defended the ban is now running for Governor.

Great Falls Tribune reports:

The corporation that brought the case and is also fighting accusations that it illegally gathers anonymous donations to fuel political attacks, said the state Supreme Court got it wrong. The group argues that the 1912 Corrupt Practices Act, passed as a citizen’s ballot initiative, unconstitutionally blocks political speech by corporations.

The lawsuit was prompted by the U.S. Supreme Court’s Citizens United decision from last year granting political speech rights to corporations. A lower court then ruled the state ban was unconstitutional in the wake of the high court’s decision.

But the Montana Supreme Court on Friday reversed the lower state court’s analysis and application of the Citizens United case.

The Montana Supreme Court said Montana has a “compelling interest” to uphold its rationally tailored campaign-finance laws that include a combination of restrictions and disclosure requirements.

A group seeking to undo the Citizens United decision lauded the Montana high court, with its co-founder saying it was a “huge victory for democracy.”

“With this ruling, the Montana Supreme Court now sets up the first test case for the U.S. Supreme Court to revisit its Citizens United decision, a decision which poses a direct and serious threat to our democracy,” John Bonifaz, of Free Speech For People, said in a statement.

The Montana court agreed with Bullock’s argument that past political corruption, led by the famed Butte “Copper Kings” that dominated state politics long ago, gives Montana a compelling interest in regulating corporate spending. They pointed out also that corporations can form voluntary political action committees — subject to disclosure requirements — as a way to remain politically active.

The bitch slap heard across Corporate America: Montana High Court Rebukes Citizens United – FreakOutNation

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