Showing posts with label corporate. Show all posts
Showing posts with label corporate. Show all posts

Thursday, January 20, 2011

New Survey Finds Four in Five Americans Support a Constitutional Amendment to Overturn the Supreme Court's Decision in Citizens United

/PRNewswire-/ -- On the eve of the one-year anniversary of the Supreme Court's controversial ruling in Citizens United v. Federal Election Commission, a new public opinion survey finds that seventy-nine percent of Americans sharply disapprove of the decision and support a constitutional amendment to reverse the Court's ruling. The study, conducted by Hart Research Associates on behalf of Free Speech for People, confirmed previous polls that found wide-ranging and strong disapproval for the decision but is the most comprehensive to date to measure public support for enacting a constitutional amendment. In the 111th Congress, Members, including Senator Max Baucus (D-MT) and Representative Donna Edwards (D-MD4) introduced amendment bills seeking to overturn the Citizens United decision.

"This study demonstrates that across a broad political spectrum, the American people oppose the Court's ruling in Citizens United v. FEC," said John Bonifaz, co-founder and director of Free Speech for People. "They are ready for a constitutional amendment campaign that will restore our democracy and return corporations to their place as economic rather than political entities."

The survey also examined public opinion regarding corporations and the current regulatory system and found little confidence in both. Only 5% of voters feel that the current rules and regulations controlling the influence of large corporations on legislation and enforcement are working well. Additionally, only 14% have a great deal or quite a bit of confidence in corporations, while 61% worry a great deal or quite a bit that corporations have too much influence and control over government rules and regulations. Underscoring this lack of trust is that better than four in five (82%) Americans feel corporations care mostly about profits, cut corners on services, overcharge on prices, and do not treat their customers well.

According to the survey, the public also has little faith in the current political system. Only 20% of voters claim to be satisfied with the current U.S. political system, while 57% are dissatisfied. What's more, just 14% of voters have a great deal or quite a bit of confidence in the political system, while 52% have little confidence.

The survey found support for a constitutional amendment "to make clear that corporations do not have the same rights as people" crosses all party lines. Large majorities of Democrats (87%), independents (82%), and Republicans (68%) support passage of the amendment. "Each of the arguments in favor of passing a Constitutional amendment to overturn the Citizens United decision," Hart Research reports, "is more convincing than any of the arguments against it, and the least effective argument against passage is that it will take too long and is not a good use of Congress's time."

"In many different ways," Hart Research concludes, "the American public makes clear its disapproval of the ruling in the Citizens United case and signals its broad support for a Constitutional amendment to overturn this decision and make clear that corporations do not have the same rights as people. There is a clear desire to readjust the level of influence that corporations have in the nation's political, legislative, and regulatory systems."

A full report of the survey findings can be found here.

http://freespeechforpeople.org/sites/default/files/me10129b_public.pdf

Friday, October 2, 2009

Senate Cap-and-Trade Bill Favors Corporate Interests Over National Interest

/PRNewswire/ -- The "Clean Energy Jobs and American Power Act" introduced by Senators Barbara Boxer (D-CA) and John Kerry (D-MA) favors corporate interests over our national interest, says the Free Enterprise Project of the National Center for Public Policy Research. The bill calls for a 20% reduction in emissions, exceeding the 17% target in the House Waxman-Markey legislation passed in May.

Boxer-Kerry lacks many important details, including a disclosure of which industries will benefit from free emissions credits.

"In the rush to legislate, the Boxer-Kerry bill is silent on key elements, such as how the government will hand out free emissions allowances that are worth billions of dollars. With that amount of money left on the table it opens the door for a behind-the-scenes lobbying fest that will reward well connected companies while looting taxpayers," said Tom Borelli, PhD, director of the Free Enterprise Project.

Waxman-Markey awards most of the estimated $777.6 billion of free allowances to industry between 2012-2020. Utilities were the biggest winner in the "House bill lottery," receiving 35% of allowances.

President Obama originally wanted to auction all the emission credits with the revenue going to reduce the budget deficit.

In addition to the allowance windfall, a few select companies will benefit from specific provisions. Caterpillar would gain from sales of its newly-developed hybrid bulldozer, because the bill empowers the EPA to issue new emissions standards for "new heavy-duty vehicles and engines and for nonroad vehicles and engines."

The Caterpillar hybrid bulldozer is priced about $100,000 more than conventional bulldozers -- an added cost that will be passed on to construction projects.

According to the Free Enterprise Project, the Boxer gift to Caterpillar may be a reward for CEO Jim Owens. Under Owens, Caterpillar is a member of the U.S. Climate Action Partnership (USCAP) -- a coalition of corporate and environmental special interest groups lobbying for cap-and-trade. Owens is a member of President Obama's Economic Recovery Advisory Board.

"Owens is putting his personal short-term interest over our national interest. He has previously acknowledged that cap-and-trade can harm the competitiveness of our manufacturing industries, yet he remains a member of USCAP," added Borelli. "Owens' thirty pieces of silver is a hybrid bulldozer."

"It's clear the only winners with cap-and-trade will be the lobbyists, CEOs and their environmental allies. The bill represents a huge transfer of wealth in the amount of hundreds of billions of dollars to industry. While the Washington elite benefit, the rest of America will end up paying the cost through higher energy prices, slower economic growth and sending jobs overseas," said Borelli.

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