What will the DISCLOSE Act legislation do?
1. The DISCLOSE Act would require the head of the organization, or corporation to appear on camera and endorse the ad. 2. The names of all the top donors must appear on the television screen, and the majority contributor must actually appear on camera to endorse the message. 3. Companies with as little as 20% foreign ownership will be not be permitted to contribute to any advertising, or media production of a political nature. This will ban companies like: Anheuser-Busch, Michelin Tires, Verizon, and Chrysler. However, a union with foreign ties would not fall under this restriction. Clearly, the bill is designed to limit the new found freedom corporation have gained from the Supreme Court decision. Democrats know that few corporations will risk profit by being tied to a political issue, and many businesses fear government backlash if they speak out against a political issue, as in the case with Humana, when it sent a mailer out critical of the health care bill. Americans United For Cha
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