President Obama On the Disclose Act

On July 26, 2010, President Obama took the podium in the Rose Garden at the White House to make a strong case for an end to the "Citizens United" Supreme Court decision, that gave corporations and businesses the right to donate unlimited funds to certain candidates of their choosing during an election. "They can buy millions of dollars worth of TV ads –- and worst of all, they don’t even have to reveal who’s actually paying for the ads." Since day one, President Obama has opposed this sort of measure because of the overreaching ramifications it would have over the democratic process, turning it into nothing short of a corporate buyout of our election process. "Now, imagine the power this will give special interests over politicians. Corporate lobbyists will be able to tell members of Congress if they don’t vote the right way, they will face an onslaught of negative ads in their next campaign."
The House of Representatives has passed the Disclose Act with bipartisan support, but in typical fashion, it has been stalled by the Republicans in the Senate. The Disclose Act would require advertising from corporations regarding that of a political nature to provide exactly who is funding the advertisements. President Obama explained further, "So when special interests take to the airwaves, whoever is running and funding the ad would have to appear in the advertisement and claim responsibility for it -– like a company’s CEO or the organization’s biggest contributor."
The President has shown firm and unwavering support for Campaign Finance Reform, which would put the power back in the hands of the individual in the United States to decide who will be elected and who won't.