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Saturday, August 21, 2010

Corporations protecting corporations.

Earlier this year, in an abominable decision that negated any complaints about judicial activism by the right, the Supreme Court rules that corporations can make unlimited political donations without having to disclose any details of the donation.

Target, which previously has had a good track record on a variety of issues, stepped into it with a $150K donation to Tom Emmer, the GOP anti-gay candidate for Governor of Minnesota. It's caused a major shitstorm with boycott calls and a more recent backlash from institutional shareholders demanding Target revamp its political donation process. That's the good news. Other corporations will think twice about their right to give unlimited political donations.

The bad news. joined in the fray raising money to place an ad on MSNBC. MSNBC refused to run the ad. MoveOn executive director Justin Ruben said the rejection was "the height of hypocrisy" and accused MSNBC and its corporate parent, General Electric Co., of trying to protect Target from consumer anger.

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