"I have introduced this important legislation because the Supreme Court's ruling strikes at the very core of democracy in the United States by inflating the speech rights of large, faceless corporations to the same level of hard-working, every day Americans," Boswell said in a statement. "The court's elevation of corporate speech inevitably overpowers the speech and interests of human citizens who do not have the coffers to speak as loudly."
Boswell said House Joint Resolution 68 would disallow a corporation or labor organization from using any operating funds or any other funds from its general treasury to pay for an advertisement in connection with a federal election campaign, regardless of whether or not the advertisement expressly advocates the election or defeat of a specified candidate.
"Corporations already have an active role in American political discourse through million-dollar political action committees and personal donations to campaigns," Boswell said. "The legislation I introduced will prevent the Wall Street corporations that received billions in taxpayer bailout dollars from turning around and pouring that same money into candidates that will prevent financial regulation on their industry. No American should have to turn on the TV and see AIG telling them how to vote."
Five Republicans are running against seven-term incumbent Boswell in this D+1 district. Most Iowa observers consider Brad Zaun and Jim Gibbons the front-runners. Dave Funk has the backing of the Tea Party crowd, and I love his tweets that begin, "Congress needs Funk." Mark Rees is staking out a moderate position, and I have no idea what Pat Bertroche is doing in this race.
