SCOTUS: Foreign Corporations Have Rights, Too!

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Politico‘s Josh Gerstein has a great story today pointing out that, in the wake of yesterday’s Supreme Court decision allowing corporations to spend unlimited amounts of money on elections, there’s really nothing to stop foreign companies from supporting or opposing US candidates. It would be as easy as setting up a US subsidiary and having the subsidiary spend the money. Some of Gerstein’s sources argue that foreign corporations would be reluctant to interfere in US politics because it could bring bad press. But that doesn’t seem like much of a deterrent to the worst corporations. Do foreign corporations like Gazprom that are largely state-owned really care what the US press writes about them? Law professor Mark Kleiman has more

One aspect of the ruling that hasn’t gathered much attention: as far as I can tell, the analysis doesn’t distinguish between domestic and foreign corporations.  Not that it would matter much, since a foreign corporation can always establish a domestic subsidiary, or buy an American company:   Cities Service, for example, is a unit of PDVSA, the Venezuelan state oil company.  So the ruling allows Hugo Chavez to spend as much money as he wants to helping and harming American politicians.   If the Russian, Saudi, and Chinese governments don’t currently have appropriate vehicles for doing so, you can count on it:  they soon will.

Nor is this a problem that can be handled by “disclosure.”  The ad on TV praising the opponent of the congressman who did something to annoy Hugo Chavez won’t say “Paid for by Hugo Chavez.”  It will say “Paid for by Citizens for Truth, Justice, and the American Way,” which in turn will have gotten a contribution from “Americans for Niceness,” which in turn will have gotten a contribution from a lobbyist for a subsidiary of Cities Service that no one has ever heard of.

This week just keeps getting better.

LESS DREADING, MORE DOING

This is the rubber-meets-road moment: the early days in our first fundraising drive since we took a big swing and merged with CIR to bring fearless investigative reporting to the internet, radio, video, and everywhere else that people need an antidote to lies and propaganda.

Donations have started slow, and we hope that explaining, level-headedly, why your support really is everything for our reporting will make a difference. Learn more in “Less Dreading, More Doing,” or in this 2:28 video about our merger (that literally just won an award), and please pitch in if you can right now.

payment methods

LESS DREADING, MORE DOING

This is the rubber-meets-road moment: the early days in our first fundraising drive since we took a big swing and merged with CIR to bring fearless investigative reporting to the internet, radio, video, and everywhere else that people need an antidote to lies and propaganda.

Donations have started slow, and we hope that explaining, level-headedly, why your support really is everything for our reporting will make a difference. Learn more in “Less Dreading, More Doing,” or in this 2:28 video about our merger (that literally just won an award), and please pitch in if you can right now.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate