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Big business has money to burn this election season

How excited is big business about the upcoming elections? Well, consider that one political action committee that spent $2 billion on election advertising in 2008 (a presidential campaign year) is looking to double its investment during this year’s midterms. Peter Stone in Mother Jones gives us a look at what the Business Industry Political Action Committee is doing to gear up for the Congressional campaigns. The reason for their excitement is this year’s disastrous U.S. Supreme Court ruling in Citizens United v. Federal Election Commission, which cleared the way for unlimited corporate spending in our elections. Stone writes:

BIPAC president Greg Casey, though cautious about where and how the group might deploy these new tools, acknowledges that “the nature of the court ruling gives us a lot more places and activities for political communications than we had before.”