SALON

Tuesday, Jun 19, 2012 3:02 PM UTC

Why the GOP worries about corporate feelings

By

Topics: U.S. Economy,

Why the GOP worries about corporate feelingsA line of attendees wait to get inside for the keynote at the Apple Developers Conference in San Francisco. (AP/Paul Sakuma)
This originally appeared on Robert Reich's blog.

Perhaps you’d expect no more from the Republican leader of the Senate who proclaimed three years ago that the GOP’s first priority was to get Obama out of the White House. But Senator Mitch McConnell’s speech Friday at the American Enterprise Institute in Washington is simply bonkers.

The only reason I bring it up is because it offers an inside look at how the  Republican goal of getting rid of Obama is inextricably linked to the Republican Supreme Court’s decision equating corporations with people under the First Amendment, and to the Republican’s current determination to keep Americans in the dark about which corporations contribute what.

In the upside-down world of regressive Republicanism, McConnell thinks proposed legislation requiring companies to disclose their campaign spending would stifle their free speech.

He describes the current push to disclose the sources behind campaign contributions as a “political weapon,” used by the Democrats, “to expose its critics to harassment and intimidation.”

Harassment and intimidation? It used to be called accountability to shareholders and consumers.

Five members of the Supreme Court think corporations are people. Mitt Romney agrees. And now the minority leader of the Senate – the highest-ranking Republican official in America – takes this logic to its absurd conclusion: If corporations are people, they must be capable of feeling harassed and intimidated if their shareholders or consumers don’t approve of their political expenditures.

Hell, they might even throw a tantrum. Or cry. Corporations have feelings.

This isn’t just whacko. It also defies law and logic. What are corporations anyway, separate and apart from their shareholders and consumers? Legal fictions, pieces of paper.

And whom do corporations exist for if not the people who legally own them and those who purchase the products and services they sell?

Clearly, McConnell doesn’t want corporations to be forced to disclose their political contributions because he and other Republicans worry that some shareholders and consumers would react badly if they knew – and thereby constrain such giving.

And the reason McConnell and other Republicans don’t want any constraint on corporate political giving is most CEOs are Republicans who want to use their firms – and the money their shareholders legally own – as secret slush funds for the Republican Party, funneled through front groups like the U.S. Chamber of Commerce and Crossroads GPS.

Such nonprofits have spent significantly more than Super PACs on elections since 2010, according to the Center for Public Integrity and Center for Responsive Politics. Nonprofits have spent $95 million on elections since 2010, while Super PACs, which are required to disclose their donors, have spent $65 million, the Centers found.

Crossroads GPS has disclosed on its tax returns that 23 donors to it have each given $1 million or more to finance its campaign activities so far this year. But Crossroads claims status as a nonprofit under IRS rules – a “social welfare” organization” that doesn’t have to disclose its donors – even though anyone with half a brain knows its overriding purpose is to influence elections.

McConnell and other Republicans conveniently forget secret campaign money was at the heart of the Watergate scandals forty years ago. And that even the Supreme Court in its heinous “Citizens United” decision upheld the constitutionality of disclosure requirements on corporations and other outside groups.

Mitch McConnell wants to give some cover to his Republican colleagues who will be voting later this month or early next month on the bill to force full disclosure of corporate political expenses. But his speech at the American Enterprise Institute doesn’t provide cover. It cloaks the whole Republican enterprise in hypocrisy.

Robert Reich, one of the nation’s leading experts on work and the economy, is Chancellor’s Professor of Public Policy at the Goldman School of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. Time Magazine has named him one of the ten most effective cabinet secretaries of the last century. He has written 13 books, including his latest best-seller, “Aftershock: The Next Economy and America’s Future;” “The Work of Nations,” which has been translated into 22 languages; and his newest, an e-book, “Beyond Outrage.” His syndicated columns, television appearances, and public radio commentaries reach millions of people each week. He is also a founding editor of the American Prospect magazine, and Chairman of the citizen’s group Common Cause. His widely-read blog can be found at www.robertreich.org. More Robert Reich.

Next Article

Related Stories

More Related Stories

Featured Slide Shows

The week in 10 pics

close X
  • Share on Twitter
  • Share on Facebook
  • Thumbnails
  • Fullscreen
  • 1 of 11
  • Lisa Montgomery embraces her nephew Thursday after a tornado tore apart her home in Cleburne, Texas. The twister killed six people and destroyed entire swaths of the North Texas town.
    Credit: AP/LM Otero

  • Jack McMahon, the defense attorney for abortion doctor Kermit Gosnell, speaks outside the Criminal Justice Center in Philadelphia Tuesday. His client was convicted of killing three babies in his clinic, and will serve multiple life sentences.
    Credit: AP/Matt Rourke

  • A photo taken Monday captures Vice President Joe Biden's response to a Milwaukee second-grader's innovative proposal to end America's epidemic of gun violence. This guy!
    Credit: AP/Jenny Aicher

  • Sen. Rand Paul, R-Ky., flanked by a grouper-eyed Michele Bachmann, addresses the IRS' admission that it targeted Tea Party groups in advance of the 2012 election. In an op-ed for CNN Thursday, the Kentucky senator slammed the president for his faux outrage.
    Credit: AP/Molly Riley

  • Ousted IRS chief Steven Miller is sworn in on Capitol Hill Friday. Miller testified before the House Ways and Means Committee on the extra scrutiny the agency gave conservative groups applying for tax-exempt status.
    Credit: AP/J. Scott Applewhite

  • Attorney General Eric Holder pauses as he testifies on Capitol Hill before the House Judiciary Committee Wednesday. Holder is under fire, among other things, for the Justice Department's gathering of phone records at the Associated Press.
    Credit: AP/Carolyn Kaster

  • O.J. Simpson sits during an evidentiary hearing at Clark County District Court in Las Vegas, Nev., Thursday. Simpson, who is currently serving a nine-to-33-year sentence in state prison for armed robbery and kidnapping, is using a writ of habeas corpus to seek a new trial.
    Credit: AP/Las Vegas Review-Journal/Jeff Scheid

  • Major Tom to ground control: On Sunday astronaut Chris Hadfield recorded the first music video from space, a cover of David Bowie's "Space Oddity."
    Credit: AP/NASA/Chris Hadfield

  • When it rains it pours. President Barack Obama speaks during a news conference Thursday with Turkish Prime Minister Recep Tayyip Erdogan, inexplicably inspiring an #umbrellagate Twitter meme.
    Credit: AP/Jacquelyn Martin

  • A smoke plume rises high above a road block at the intersection of County A and Ross Road east of Solon Springs, Wis., Tuesday. No injuries were reported, but the the wildfire caused evacuations across northwestern Wisconsin.
    Credit: AP/The Duluth News-Tribune/Clint Austin

  • Recent Slide Shows

  • Share on Twitter
  • Share on Facebook
  • Thumbnails
  • Fullscreen
  • 1 of 11

Related Videos

Comments

 4 Comments

Comment Preview

Your name will appear as username

You may use these HTML tags and attributes: <a href=""> <b> <em> <strong> <i> <blockquote>

follow salon

Most Read

Popular on Reddit

links from salon.com

From Around the Web

Presented by Scribol
listener_new_rect The Listener: Chekhov's story mirrors Russia's own

Recommendations