On the recordJune 24, 2010
Madam Speaker, let's keep America the best democracy, not the best democracy that money can buy. The pollution of our political process with tens of millions of dollars in spending by the world's largest multinational corporations strikes at the very heart of our American democracy. Whatever these giant interests cannot already get with their army of lobbyists here in Washington and with the millions of dollars that their executives already contribute to campaigns, they now want to buy directly with money from their corporate treasuries--and they are no fools. The limitless dollars that these folks lavish on elections are simply wise investments for many of them. They are well designed to spend a few million now in order to claim a few billion dollars in unjustified spending from the public treasury later. Often, the same folks who are reaching into the public purse are the folks who, through special tax expenditures and tax loopholes, don't contribute but pennies on the dollar compared to what a small business might be having to pay in its corporate tax rate or what a working or middle-class family might be having to pay, struggling to make ends meet. Without the DISCLOSE Act, a tobacco company can come here masquerading as a phony ``health care'' coalition.…





