President Obama and his congressional allies insist on limiting the ability of corporations and others to spend money in elections. Their lobbyist-loophole ridden fix is the so-called DISCLOSE Act — which would restrict certain spending while allowing big labor union officials to grab forced union dues and fees against the will of their members and spend it anyway they want. Some reform.
But, as we have noted for years, the whole effort is predicated on a myth. Corporations’ political spending is dwarfed by — you guess it — big labor political spending. From the Washington Post: Labor unions have dominated spending on independent campaign ads so far this election season, despite a recent Supreme Court decision that freed spending by corporations.