More Reports of Foreign Interests/Global Corporations Meddling in American Elections

Where did the hundreds of millions of dollars that were used in the ubiquitous attack ads in the 201o mid-term elections come from? Who funded attack ads such as the fraudulent one that falsely accused a Congresswoman of supporting Viagra for rapists in the health care reform law? According to Bloomberg, the multi-billion, transnational corporation Merck & Co. and other pharmaceutical corporations secretly were behind that one.

Nearly two years after the elections, the truth slowly is coming out about how some of the biggest, most global corporations in the world corruptly influenced American elections after Citizens UnitedBloomberg links millions of dollars of contributions and spending from global corporations through front groups such as the American Action Network and the U.S. Chamber of Commerce. In addition to Merck, the corporations meddling in American elections include  Chevron, Prudential Financial Inc., and Target.

Previous reports show that the global corporations such as News Corporation funneled millions of dollars into the 2010 election. As with most global corporations, News Corporation’s largest shareholders also are global corporations based around the world. For example, the second largest shareholder in News Corporation, after the Murdoch family, is Prince Alwaleed bin Talal’s Kingdom Holding Company of Saudi Arabia, holding more than $2 billion of shares. Similarly, more than half of the shareholders of the Germany-based Merck & Co. are outside the United States.

Earlier this month, the Sunlight Foundation reported on how the Citizens United decision could lead to foreign interests influencing the outcome of American elections.

It remains illegal for foreign human beings to engage in U.S. election spending. As a recent Court decision says, “it is fundamental to the definition of our national political community that foreign citizens do not have a constitutional right to participate in, and thus may be excluded from, activities of democratic self-government.”

 

About Jeff Clements

Jeff serves as President of American Promise. He has practiced law for three decades in public service and private practice, and is the author of Corporations Are Not People: Reclaiming Democracy From Big Money & Global Corporations. He is also the founder of Whaleback Partners LLC, which provides sustainable financing to businesses in the local agriculture economy. Previously, Jeff has been a partner in a major Boston law firm and served as Assistant Attorney General and Chief of the public law enforcement bureau in the Attorney General’s Office in Massachusetts. Jeff has helped to start and been a board member of many non-profit organizations and businesses. Today, in addition to the board of American Promise, he serves on the vestry of Trinity Episcopal Church in Concord, Massachusetts. Twitter: @ClementsJeff
This entry was posted in The book, Uncontrolled corporations and the economy. Bookmark the permalink.

Comments Closed

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s