President Obama has thrown in the towel and capitulated to the domination of our elections and government by SuperPACs, funded by corporations and millionaires. And his campaign, of course, is not “coordinating” it’s only “signaling”.

A possible silver lining: Now that the candidates and both major parties have accepted the reality that they are owned by corporations and the wealthy, is fundamental reform at last possible?

It may be. Among the other signals, President Obama appears to be endorsing a Constitutional amendment solution that will overturn Citizens United and related doctrines that have improperly twisted the Constitution of “We the people” into a protector of privilege.

Now, will the Republican candidates join him in recognizing the reality of what is needed to restore republican democracy in America?

UPDATE:  George Zornick at the Nation has a good piece on these developments.

And here are reactions from People for the American Way, Public Citizen,  and the Wall Street Journal.