Introduced Constitutional Amendment says: 'Democracy for People, Not Corporations' | Common Dreams

Introduced Constitutional Amendment says: 'Democracy for People, Not Corporations' | Common Dreams
"Sen. Bernie Sanders (I-Vt.) and Rep. Ted Deutch (D-Fla.) introduced a joint resolution on Tuesday calling for a constitutional amendment that would undo the damage they say was caused by a Supreme Court ruling that allows "unrestricted, secret campaign spending by corporations and billionaires"."

Growth or Equality: Two Competing Visions for America’s Future | Common Dreams

Growth or Equality: Two Competing Visions for America’s Future | Common Dreams
"One vision holds that inequality is an essential and beneficial precondition to unleash the economic growth needed to end poverty and heal the environment. Freeing the rich from taxes and cumbersome regulation will unleash a wave of productive investment, job creation, and prosperity that eventually will trickle down to enrich us all. 
The other vision holds that inequality bears a primary responsibility for the political, economic, social, and environmental failures that threaten the future of America and the world. America already has the world’s largest economy and one of the world’s highest per capita income levels. Further growth for growth’s sake is not the answer. Our priority need is to reallocate and redistribute our economic resources to get the outcomes we really want."

How One Mega-Donor Could Save $2.3 Billion Under Romney’s Tax Plan

How One Mega-Donor Could Save $2.3 Billion Under Romney’s Tax Plan: The $100 million that billionaire casino mogul Sheldon Adelson pledged to donate to Mitt Romney will turn out to be a good investment if the Republican nominee wins the presidential election in November, a new report from the Center for American Progress Action Fund found. Thanks to Romney’s tax proposals, which call for massive tax [...]/p

The US Chamber of Commerce's Multimillion-Dollar Attack Plan | Common Dreams

The US Chamber of Commerce's Multimillion-Dollar Attack Plan | Common Dreams
"The 2012 elections in many ways represent a crossing-the-Rubicon moment. Can the democratic system survive being swamped by hundreds of millions of dollars of Super PAC money? Can it endure the rise of superfunders like Sheldon Adelson (Newt Gingrich’s backer in the primaries, who has since thrown his financial muscle behind Romney’s campaign), Foster Friess (Rick Santorum’s sugar daddy), Texas billionaire Harold Simmons and the powerful Koch brothers, as well as the overwhelming clout of organizations like the Chamber of Commerce? Will citizens rally around investigations such as the one launched by Schneiderman, and will they demand limits to independent expenditures during elections as well as the disclosure of those who seek to buy the country’s elections and legislative process? Or will ever more politicians who oppose the Chamber’s values simply suffer the fate that befell Alan Grayson in 2010?"

GOP Platform Suggests Billionaires Should Be Able To Give Unlimited Donations To Mitt Romney

GOP Platform Suggests Billionaires Should Be Able To Give Unlimited Donations To Mitt Romney: The Republican National Convention Tuesday adopted a party platform that embraces the highly unpopular Citizens United ruling, opposes meaningful campaign finance disclosure, and actually calls for allowing donors to give more money to politicians. In a section entitled “The First Amendment: Speech that is Protected” the platform states: The rights of citizenship do not stop [...]/p