Supreme Court Ruling bad for America

by Jim Howard on January 24, 2010

 

(CNN) – In his weekly radio and video address Saturday, President Obama sharply criticized the Supreme Court’s ruling earlier this week easing some campaign finance regulations.

"This ruling opens the floodgates for an unlimited amount of special interest money into our democracy," Obama says in the address. "It gives the special interest lobbyists new leverage to spend millions on advertising to persuade elected officials to vote their way – or to punish those who don’t."

Full transcript of address after the jump

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