OLD and QUIRKY

Why the Billionaires Want You to Forget It

There are a lot of villains in the slow-motion sabotage of American democracy, but few have done more damage—with such smug self-righteousness—than the Supreme Court’s conservative majority in Citizens United v. FEC. With a single ruling, they didn’t just unleash corporate money into politics. They handed the keys of American democracy to the ultra-wealthy and told the rest of us to enjoy the ride.

The right loves to blame polarization, misinformation, even “wokeness” for the chaos in politics. But let’s be honest: the rot set in when the Court declared that corporations are political actors with constitutional rights and billionaires can drown the public square in money if they call it “independent spending.”

It was the judicial equivalent of opening all the vaults on Wall Street and telling the bankers, “Go wild.” And they did.

A Democracy of Donors, Not Voters

Since the ruling, politics has become a playground for the richest Americans—a system where a handful of billionaires can bankroll entire elections, sculpt policy, and effectively decide who even gets a shot at running for office. Working people donate in $20 increments: Sheldon Adelson and Michael Bloomberg toss in $100 million like they’re tipping a bartender.

This isn’t free speech. It’s financial dominance.

The conservative justices insisted that unlimited spending would not corrupt politics because it was technically “independent.” That’s like claiming a hurricane isn’t dangerous because the wind and water don’t officially coordinate. The reality is obvious: when politicians know a super PAC can vaporize their career with a tsunami of attack ads, they behave accordingly. It’s silent extortion, baked into the system.

Dark Money: The Shadow Government

Worse still, Citizens United opened the floodgates for dark money—funds from anonymous donors funneled through nonprofits that exist solely to hide who’s really pulling the levers.

These groups bankroll everything:

• judicial confirmation blitzes
• anti-union campaigns
• disinformation networks
• climate denial operations
• statewide ballot fights
• and candidate-centered propaganda masquerading as “issue ads”

It’s a shadow government with no accountability and no transparency, operating because five justices thought disclosure requirements might “chill speech.” What it chills is democracy.

Policy Written for the Few, Paid for by the Few

There’s a reason Congress can’t pass wildly popular policies like taxing billionaires, raising wages, strengthening unions, or protecting abortion rights. Donors don’t want them.

There’s a reason fossil fuel companies keep winning legislative battles even as the planet burns. Donors pay handsomely for political insulation.

There’s a reason health care remains a corporate profit engine instead of a public good. Dark money groups fueled by insurance executives spend tens of millions to ensure nothing changes.

This is not dysfunction. It’s design.

Public Trust Has Collapsed—and That Was the Point

Americans know the system is rigged. They feel it every time a policy with 70–80% support dies in committee while billionaires get another round of tax cuts. They see it when candidates who appeal to grassroots voters get buried under a flood of super PAC money.

The right often accuses the left of being cynical about institutions. But cynicism didn’t break our faith in democracy. Citizens United did.

The Billionaires Don’t Want Reform—They Want Silence

Every time someone proposes overturning Citizens United, strengthening disclosure laws, or implementing public financing, the same chorus emerges: “You’re trying to limit speech.”

No. We’re trying to resurrect democracy from the ruins your “speech” left behind.

The truth is simple: the only people who benefit from Citizens United are the people with enough money to buy political power. Everyone else pays the price—in weaker protections, broken institutions, and a political system that treats citizens like spectators instead of participants.

It Has to End

A democracy cannot survive when the wealthiest Americans have more political influence than millions of voters combined. The idea that corporations are people with constitutional rights is a lie. The idea that billionaires’ spending is harmless is a fantasy. And the idea that this system is sustainable is delusional.

Citizens United must be overturned—by constitutional amendment, by new disclosure laws, or by a Court that finally remembers democracy matters more than donor privileges.

Until then, the United States will remain a country where elections are technically free, but political power is anything but.

T. Michael Smith

wwwtmichaelsmith.com