The problem is that "foreign corporation" doesn't really have meaning these days when corporations are run transnationally and owned by shareholders who are not necessarily American.Data Vampire wrote:[url=http://www.newsmax.com/InsideCover/obama-alito-ruling-state/2010/01/28/id/348341]Obama's Clash With Alito Triggers Firestorm[/url] wrote:Heritage Foundation senior legal expert Hans A. von Spakovsky tells Newsmax he can't recall a president scolding the Supreme Court during a State of the Union message before. "And what makes it even worse is he was patently wrong," von Spakovsky says. "I mean I'm just amazed that he would do that, and he's not even right."
The Supreme Court ruling in no way opens the door to foreign influences in U.S. elections, he says.
"There is a specific provision of the law which was not at issue in the case which prohibits foreign nations, and is specifically designed to include foreign corporations, from contributing or donating any money not just in connection with federal elections, but also with state and local elections," he tells Newsmax. "…And they can't make any independent expenditures for an electioneering communication. So that is just a flat out lie what he said about foreign corporations."
I mean, is Coca-cola "foreign"? Considering that they have offices in Bahrain and their chief administrative officer was born in Liberia.... well, you can see that just because a corporation chooses to pay its taxes in the US doesn't mean anything about their interests or loyalties or its people making decisions about how to use its money and power.
Of course, Coca Cola is most likely not a front for foreign interests. But how about Sony, a Japanese corporation with American tax-paying divisions? Nokia, which has 30% of the world cell phone market and has European leadership despite being basically everywhere? Anheuser-Busch, makers of American icon Budweiser beer, who are now owned by a Dutch company? Each of these corporations has American subsidiaries who can make donations by proxy according to the new law.
The "personhood" of corporations has always been shitty law designed for no other purpose than to shield the actions of powerful men who don't want to play by the same rules and consequences as everyone else.
So no, Obama was not wrong. The Heritage Foundation is a privately-owned conservative thinktank who look for ways to make Obama look bad because conservatives will do anything to appear relevant and they are not a legal authority of any kind.
Next time ask a lawyer. Or at least someone remotely objective.
