“The Supreme Court reversed a century of law that I believe will open the floodgates for special interests … to spend without limit in our elections.” – President Obama’s response to Citizens United in his January State of the Union address.
As we saw again this week, the stakes could not be higher: It has been revealed that the balance of Wall Street political contributions has recently swung to those who have been stalling debate on financial reform in the U.S. Senate.  There is already too much money in politics, and with the Court’s recent decision, it could go from bad to worse.
The Schumer-Van Hollen bill is good stuff: It includes bans on campaign spending from federal contractors, foreign-owned corporations or those that receive taxpayer-funded bailouts. And it requires disclosure of all campaign spending, so voters can judge the credibility of political ads run by Goldman Sachs or ExxonMobil.
If we don’t pass this bill, we can expect a flood of corporate money in the upcoming elections. In a 5-4 divided decision the Supreme Court gave corporations the rights of a person, and then used that notion to allow unlimited corporate contributions to the political committees that buy most of the ads that inundate us at election time.
And it’s dangerous. With your help, we’ll be able to fight back.
We know we can win because most Americans agree with you and me, and staunchly disagree with this ruling. In a Washington Post-ABC poll, 8 in 10 respondents said they oppose the high court’s decision, and nearly as many back congressional action to curb the ruling. 
Your donations will give our advocates and organizers the resources they need to:
* Meet with Congressional leaders in D.C. and back in their districts to make sure they are hearing their constituents’ support.
* Set up phone banks in a dozen cities to flood key legislators with phone calls from constituents.
* Push to strengthen the bill by including Rep. Mike Capuano’s (Mass.) Shareholder Protection Act,  which will give investors a say in how their money is spent in politics.
The bills must then pass the Senate by July 4, and that’s not very much time.
Personally, I am motivated by this issue because the very integrity of our democracy is at stake, and I hope you join me in fighting the Supreme Court’s bad decision. Click below to give an urgent $25 gift to pass these bills through the House by Memorial Day.
If enough of us kick in a small contribution of $25 or more, we can prevent corporations from writing million-dollar campaign checks to corrupt our democracy.
Thanks for all your help.
 Wall Street Rules Help GOP Fill Campaign Coffers, Washington Wire, Apr. 27, 2010.
 Poll: Large majority opposes Supreme Court’s decision on campaign financing, Washington Post, Feb. 17, 2010.
 Washington, D.C.: New Legislation Would Protect Shareholders Rights, U.S. PIRG, Mar. 11, 2010.