Acton Institute Powerblog Archives

Post Tagged 'Citizens United v. Federal Election Commission'

Religious Shareholders Stump for Union Super PACs

Hoo boy … this campaign season is exhausting enough already without reporting the efforts of religious shareholder activist groups uniting to undo the U.S. Supreme Court’s Citizens United decision. But, to quote Michael Corleone in the third Godfather film: “Just when I thought I was out, they pull me back in!” Joining the anti-Citizens United religious shareholders are public-sector unions, riding high after the eight-justice Supreme Court split evenly this week on Friedrichs v. Continue Reading...

The Goo-Goo Chorus of Silence

George Soros just donated another $6 million to Democratic Party presidential candidate Hillary Clinton’s Super Political Action Committee, raising the total the billionaire has contributed thus far to her 2016 campaign to $7 million. Continue Reading...

Wanted: Code of Shareholder Ethics

With the mountain of books and articles that have been written about business ethics, one wonders why nothing much has been written on what we might call shareholder ethics. I’m thinking of religious shareholder activists such as As You Sow and the Interfaith Center on Corporate Responsibility. Continue Reading...

Religious Shareholders’ PAC Hypocrisy

Shortly after filing my blog yesterday, the New York Times’ David Firestone added another wrinkle. It seems liberal billionaires also contribute millions of dollars to voice their strongly held beliefs regarding climate change: Those who are worried about man-made climate change might be tempted to welcome the news that Tom Steyer, a Democratic billionaire, will spend $100 million this year to fight it. Continue Reading...

‘Dark Money’ – A Shaggy Dog Story

“Dark money” sounds menacing and foreboding – a financial nomenclature suggestive of gothic masterpieces like “The Raven” and “The Black Cat.” Whereas Poe’s tales actually contain sinister elements, the phrase dark money is employed by activist shareholders much like the villains of countless “Scooby Doo” cartoons devised illusory ghosts, werewolves and vampires. Continue Reading...

Corporate Political Spending Report a Tool for Business Bullies

The 2013 “CPA-Zicklin Index of Corporate Policy Accountability and Disclosure” was issued Tuesday by the allegedly “nonpartisan” Center for Corporate Political Accountability – the “CPA” of the report’s title lest readers mistakenly read it as the objective analysis of a certified public accountant. Continue Reading...