A divided Supreme Court today ruled that the US government may not ban political spending by corporations in candidate elections. No matter who does the spending, “political spending” in elections is usually in the form of advertising.
On the practical side, no corporation except Wall Street banks and health insurance companies have any loose cash laying around to funnel into political campaigns. However, they could just drop the lobbyists and use that money for advertising instead.
Now imagine this… a couple hundred bucks and you incorporate as “Bitch Slap, Inc.” You collect a few million bucks as “membership fees” from select corporations. All legal. Then you buy up all of the TV inventory in Palm Beach for 30 days before an election. Your candidate wins. A corporation could send a very strong message to all other candidates with just one strategic campaign.