Basically, it stops corporations from spending your share of the profits on politics you dont agree with. If you dont want them spending money on campaigning, they have to pay you a special dividends, representing your share of the money spent.
Robert says...
For many years, anti-union lobbyists have pushed what they call “pay-check protection” laws, supposedly designed to protect union members from being forced, through their dues, to support union political activities they oppose. Under such laws — already in effect in several states — no union dues can be spent for any political purpose unless union members agree.How sweet is that. It effectively turns the love for money against the power of money. How many people, whoever much they might want their corporations to influence things, arent going to want to pull in just that little bit extra money?
The same principle should protect shareholders from being forced to spend their share of corporate earnings in favor of or against a particular candidate. Surely a First Amendment that protects corporate free speech protects individuals no less.
The best part? Republicans pretty much have to support such a bill, since they've spent so many years insisting that the same thing be done, as Robert said, to the Unions. To do anything else would reveal them as total hypocrits... oh wait...
never mind.
1 comment:
Great post!
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