Pipe-dream bill would ban all corporate money in politics

Rep. Ted Deutch (D-FL)

Witness one of the most simultaneously awesome and doomed pieces of legislation ever to be introduced in Congress:

In one of the greatest signs yet that the 99 Percenters are having an impact, Rep. Ted Deutch (D-FL), a member of the House Judiciary Committee, today introduced an amendment that would ban corporate money in politics and end corporate personhood once and for all.

Deutch’s amendment, called the Outlawing Corporate Cash Undermining the Public Interest in our Elections and Democracy ^{[PDF, 30.2 KB]} (OCCUPIED) Amendment, would overturn the Citizens United decision, re-establishing the right of Congress and the states to regulate campaign finance laws, and to effectively outlaw the ability of for-profit corporations to contribute to campaign spending.

How sad is it that the first eminently sensible bill I’ve heard of in a disturbingly long time has as much chance of surviving the Republican-controlled House of Representatives as a Black homosexual atheist has of becoming President?

Crap, now I feel all depressed.

Tags: Ted Deutch • OCCUPIED Amendment • Outlawing Corporate Cash Undermining the Public Interest in our Elections and Democracy Amendment • Occupy Wall Street • OWS