January 29, 2010

Guess we know where Chuck Schumer comes down on the Supreme Court's ruling in Citizens United v. FEC. The Senate Rules and Administration Committee he chairs has entitled its hearing next Tuesday,"Corporate America vs. The Voter: Examining the Supreme Court's Decision to Allow Unlimited Corporate Spending in Elections."

On Wednesday, it's the House's turn. The House Judiciary Subcommittee on the Constitution, Civil Rights, and Civil Liberties holds a hearing, "First Amendment and Campaign Finance Reform After Citizens United."

UPDATE (11:50 a.m.) Tim Carney at The Washington Examiner provides a bit of illumination, "How the court campaign finance ruling hurts Wall Street favorite Chuck Schumer," featuring a fine quote from Schumer:

This activist and far reaching decision is even worse than we had feared. This opens the floodgates and allows special interest money to overflow our elections and undermine our democracy. The bottom line is, the Supreme Court has just predetermined the winners of next November's election.It won't be the Republican or the Democrats and it won't be the American people; it will be Corporate America.