Since the Supreme Court's landmark decision earlier this year that corporate expenditures could be used without limit and in any capacity to finance political campaigns, our elections process has seemingly become a special interest free-for-all. Although campaign spending was ludicrous as it were, with the 2008 presidential election costing a record $5 billion, now corporations literally have all of freedom they need to oversee our elections processes, and may under the protection of law, because somehow limiting their power would be a violation of freedom of speech.
And Newscorp was among the first big-time companies to cash-in, so to speak, on this convenient new allowance. Are you surprised? The parent company of FOX news and the Wall Street Journal, which over the years has blatantly revealed its conservative biases, has now openly admitted to their partiality: they have gifted a donation of $1 million to the Republican Governor's Association.
This is quite alarming for several reasons. First, Fox continues to be a major outlet for news stories covering this year's elections. And with this enormous open endorsement of Republican candidates, how can their "reporting" ever be "fair" or "balanced," as they claim? The radical right-leaning commentary that one hears on Fox news would not fool most informed viewers, but rather serve to the fire of misinformation and preexisting incendiary opinion. Still, this action further exposed Fox's position as being the most unfair, unbalanced news source in the nation.
But more importantly, this action is done within the confines of complete legality. Thanks to the Supreme Court's decision to lift a limit on the amount and type of corporate spending on campaigns, I would bet that donations such as Newscorp's $1 million to the Republicans will be given much more frequently, and in much higher numbers. Not that they haven't been happening already, but with the declaration of open season on campaign spending, all the money trails will be exposed, showing our political process for what it really is.
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