This week, the United States Supreme Court issued its controversial ruling on corporate financing in the landmark decision, Citizens United v. Federal Election Commission.
In his weekly address the President expressed displeasure with the outcome, criticizing the 5-4 decision by saying,
“This ruling opens the floodgates for an unlimited amount of special interest money into our democracy. It gives the special interest lobbyists new leverage to spend millions on advertising to persuade elected officials to vote their way or to punish those who don’t. That means that any public servant who has the courage to stand up to the special interests and stand up for the American people can find himself or herself under assault come election time. Even foreign corporations can now get into the act. I can’t think of anything more devastating to the public interest.
The President went on to pledge an aggressive legislative response to the Court ruling.
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