02/04/2010

Supreme Court Allows Corporations to Run for Political Office

WASHINGTON—In a landmark decision that overturned decades of legal precedent, the U.S. Supreme Court ruled 5-4 Tuesday to remove all restrictions that had previously barred corporations from holding public office.

"This is an unfair, ill-advised, and tragic mistake," Sen. John McCain (R-AZ) said before boarding a flight to Arizona in response to primary poll numbers that show him trailing the Phoenix-based company PetSmart by a double-digit margin. ...



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