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Obama Amnesia: Fishy Campaign Donations in ’08

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Posted on January 30 2010 9:54 am
Liz Blaine is a financial analyst, author and freelance writer on finance, economics and politics. Follow her on Twitter and her blog Liz Blaine.
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By: Kerry Picket

President Barack Obama made a number of accusations at his State of the Union speech on Wednesday. Chief among them was his attack on the Supreme Court, who sat a stone’s throw away from him in the House chamber, for their decision to roll back a number of campaign finance laws last week.

“With all due deference to separation of powers, last week the Supreme Court reversed a century of law that I believe will open the floodgates for special interests –- including foreign corporations –- to spend without limit in our elections. I don’t think American elections should be bankrolled by America’s most powerful interests, or worse, by foreign entities,” said Mr. Obama. He also urged Congress to “pass a bill that helps correct some of these problems.”

 

Read more at the Washington Times

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