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Robert Means signed The Get Foreign Money Out of California Elections Act - Support AB 83 2023-11-14 09:32:48 -0800
The Get Foreign Money Out of California Elections Act - Support AB 83
Citizens United opened a loophole: Foreign governments, foreign businesses and foreign individuals can invest in U.S. corporations, and those corporations can spend unlimited amounts from their corporate treasuries on U.S. elections.
The clock is now ticking with less than a month to pass AB 83, The Get Foreign Money Out of California Elections Act out of the Assembly!
AB 83, the Get Foreign Money Out of California Elections Act, (add your name below) closes the loophole that allows foreign money to pour into California campaigns, candidates, political parties, PACs, Super-PACS and ballot measures “indirectly", undermining our capacity for self-governance...
Add signatureWhen the U.S. Supreme Court decided that corporations could spend unlimited amounts of money from their corporate treasuries in U.S. elections (Citizens United v FEC, 2010), they justified the decision by saying that U.S. corporations were “associations of citizens.”
However, over 40% of all the shares held in US corporations are held by foreign investors, not U.S. citizens, living outside of the U.S. These corporations then spend millions in California elections, even though U.S. election law stipulates that no foreign money is allowed in U.S. elections, contributed either “directly or indirectly.”
Citizens United opened a loophole: Foreign governments, foreign businesses and foreign individuals can invest in U.S. corporations, and those corporations can spend unlimited amounts from their corporate treasuries on U.S. elections.
AB 83, the Get Foreign Money Out of California Elections Act, closes the loophole that allows foreign money to pour into California campaigns, candidates, political parties, PACs, Super-PACS and ballot measures “indirectly", undermining our capacity for self-governance.
Earlier this year, Minnesota closed the loophole, prohibiting multinational corporations from spending money on state elections. We can do the same in California. Multinational influence is a threat to U.S. sovereignty and to our national security – international interests can easily, and often do, diverge from U.S. interests. There should not be any foreign money in our elections.
Join us in support of AB 83 and urge the California Assembly to pass this legislation and close this loophole immediately.
Sign now in support of AB 83, the Get Foreign Money Out of California Elections Act.
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Robert Means published It will take amendment to fix political spending. in California News 2020-12-29 16:55:41 -0800
It Will Take Amendment To Fix Political Spending.
A letter to the Editor of the San Jose Mercury-News by Brian Carr, member of the Santa Clara County affiliate of MTA, was published on December 18, 2020. Here it is:
Michael Sozan's opinion piece ("End campaign spending by foreign-influenced U.S. firms," Dec. 15) calling for an end to spending in American elections by foreign-influenced corporations is probably supported by most people. Unfortunately, his solutions are unlikely to pass constitutional muster by the Supreme Court, particularly with the new 6-3 conservative majority. The doctrine of Citizens United needs to be repealed, and the best and probably only way to accomplish this now is by amending the Constitution.
The national organization Move to Amend has sponsored HJR 48, calling for a constitutional amendment overturning the Citizens United decision and confirming that constitutional rights belong to people and not corporations. It already has 75 congressional sponsors. If you reject foreign influence in our elections, not to mention the flood of corporate money in our politics, lend your support to organizations like Move to Amend.
— Brian Carr, San Jose
Robert Means
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