This is a great history of how money has corrupted the US political process. It shows that congress actually tried to fix the problem after discovering how Nicon received money from corporations, but Supreme courts decision to declare "Corporations are People" decision reveresed this progress.
For those who believe money already has too much power in U.S. politics, 2012 will be a miserable year. The Supreme Court s Citizens United decision, lassitude at the Federal Election Commission and the growing audacity of very rich conservatives have created a new political system that will make the politics of the Gilded Age look like a clean government paradise.
Keith and Josh Harkinson, staff reporter at Mother Jones, discuss today s Occupy protests at courthouses in more than 100 cities - and what it would take to pass a constitutional amendment to overturn Citizens United.
The Supreme Court's rulings that money is speech and corporations are people have now opened the floodgates to unlimited (and often secret) political contributions from millionaires and billionaires. Consider the Koch brothers (worth $25 billion each), who are bankrolling the Tea Party and already running millions of dollars worth of ads against Democrats.