Here come the Political Corporations

Tea party has filed as a profit, private corporation. So how do these political corporations work?

Well, there seems to be no limit in how much a stockholder can invest, first. Second the political corporation has the right to buy political advertisements without restriction. Third, depending upon the location of the corporation, there seems to be no disclosure as to the identity stockholders.

So Hot Air informs us of a false flag operation, run by public sector unions. Lee Doren cracked the case using opensecrets.org. Open Secrets used public disclosure laws to find the original funders, at the bottom is this little tidbit:

This data is based on records released by the Internal Revenue Service on Tuesday, January 19, 2010.

The little tidbit of a disclosure avenue goes away with the Supremes and their rule.

Citizens United won its case and conservatives can never again chase down shareholders in political corporations. In fact, there is no reason why local public sector unions wouldn't simply form a limited corporation, completely disguising their investors under immunity. Explain why Alioto can say "Not True"

It would seem to me that county governments will eventually be run by one of two corporations, a Republican political corporation or a Democratic one. In either case, these for profit corporations will not need to disclose the political investors in the companies.

It is true that public service organizations are racketeering groups within local government, and generally we have business groups engaging in the same racketeering. The Supremes have simply put the racketeering behind a firewall, guaranteed to privacy by the new rights granted.

I suppose a libertarian might make the case that political campaigns can be managed in secret, not even disclosing the name of the candidate they espouse. A libertarian might make the case that political corporations should sponsor the whole slate for a particular jurisdiction. Why not offer shares to voters, let them share in any profits. But, I doubt libertarians will take kindly to the idea. What are libertarians saying?