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Watchdog groups warn: ‘Corporate globalization’ of US elections is upon us

The Supreme Court may have ruled in Citizens United v. Federal Election Commission days ago, but the decision's shockwaves are still rippling across American democracy.

Key among them is a concern first raised by Justice John Paul Stevens, who wrote in his dissent that the court, by removing all prohibitions against corporate or union money in U.S. elections, "would appear to afford the same protection to multinational corporations controlled by foreigners as to individual Americans."

President Barack Obama, in his weekly YouTube address on Saturday, blasted the court's decision, saying that it "strikes at our democracy itself." He has ordered Congress to "develop a forceful response" to the court's move, but Newsweek notes that a significant reformation of U.S. election law may not be in place before the 2010 mid-term elections.

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