Editor’s note: This article was originally posted as a comment made in response to Neal Rechtman’s “Citizens United Against the Supreme Court”
One of the subtle harms of Citizens United is the propensity it creates to doubt that we’re receiving honest services from government officials. To give a recent example, last week the President reversed course on offshore drilling, announcing a very wide-reaching oil drilling expansion off the Atlantic, Gulf, and northern Pacific coasts. Now, it is entirely possible and quite likely that he’s reversed like this because of legislative or practical concerns, or maybe he’s become convinced that the process is better served by an early concession of this point, or maybe he has actually changed his mind on the merits of the policy. Or perhaps he’s anticipating the usual summertime gas price spike and is hoping to blunt the criticisms that are sure to come by taking a prophylactic step that conservatives have loudly touted as a way to lower prices.
But perhaps the reason is that we have an election in November that’s expected to cost around $3.7 billion, and that figure is less than 1/5th of Exxon-Mobils net annual profit in their WORST year of the last 7. If the oil industry wanted to heavily invest in this cycle, they have more than enough money to go beyond simple advertising–they could fund parallel field campaigns, massive ad buys in every media, billboards around the country, and make every long-shot pro-drilling candidate into a bona-fide contender. [Read more…] about Citizens United and the Culture of Corporate Deference