From the desk of Stephen Cabot: The Obama administration was sorely disappointed when the U. S. Supreme Court, in its Citizens United decision, held that limits on campaign contributions by corporations and unions violated the First Amendment’s guarantee of free speech. The administration specifically disagreed with the Court’s decision as it related to corporations, not as it related to unions. President Obama made his displeasure apparent during his State of the Union address, when he none-too-delicately criticized the Supreme Court.
Now, Democrats in Congress have introduced a bill that would restrict the free speech of corporations, while permitting unions to spend as much as they want for political issues and campaigns.
The proposed legislation would prohibit recipients of TARP funds as well as government contractors from spending money on political campaigns. Unions that have contracts with the government, however, would be free to spend as much as they want.
This is another blatant example of the Obama administration favoring unions over corporations, of shackling corporate America with one set of rules while unleashing unions to pursue their goals. A greatly circumscribed free market, which seems to be the focus of the Obama administration, will limit the country’s opportunities for economic growth and prosperity.