Robert Reich: Why Republicans Worry About Hurting Corporate Feelings
Why Republicans Worry About Hurting Corporate Feelings Monday, June 18, 2012
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.” ................(more)
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?