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NYT Editorial: Stealth Money


October 17, 2010- We can’t turn on the television these days without being assaulted by ads anonymously savaging candidates. Welcome to politics in post-Citizens United America. The Supreme Court allowed unlimited campaign spending by corporations and unions but didn’t require the folks picking up the tab to stand behind their words.

It is too late for this campaign. The House approved a measure requiring phantom check writers to identify themselves on their ads and barring money from overseas corporations. Senate Republicans blocked it. Voters who say they’re fed up with negative politics — and sleazy back-room deals — need to demand better.

Republicans, so far, have the advertising whip hand as partisan operatives solicit and spend large under the cover of blandly named “good citizen” committees. There is good reason to fear that foreign corporations are also taking advantage of the new no-tell rules.

The United States Chamber of Commerce, which has unleashed a barrage of attack ads against Democratic candidates and the White House, denies that offshore moguls are anteing up. That would be more credible if the chamber disclosed its donors. Shareholders of the chamber’s corporate members should demand that.

FULL STORY HERE:

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