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Originally Posted by The Germanator
I couldn't believe the Supreme Court did this. This is the most disturbing news out of politics I've experienced in a while. It just doesn't seem right.
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Honestly, corporate entities and other special interest groups regardless of political alignment never stopped financing campaigns. The McCain/Feingold legislation only required that they set up subsidiary organizations to then funnel funds to candidates and "non-affiliated" ad campaigns. George Soros has been doing this for years.
All this ruling does is put it out in the open so you know whose money is going where, instead of the money coming from "Concerned Citizens for _________."
EDIT: Here is little more of the court's ruling, without Huffington's decidedly biased quoting:
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“There is no basis for the proposition that, in the political speech context, the government may impose restrictions on certain disfavored speakers,” he wrote. “The government may regulate corporate speech through disclaimer and disclosure requirements, but it may not suppress that speech altogether.”
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So in the end, corporations/unions/organizations and other special interests may be required to add disclosure to their speech regarding campaign finance, but it is unconstitutional to prohibit that speech (1st Amendment). If you actually believe in the Constitution (Justice Steven's never really has), there isn't any basis to keep large orgs from financing and campaigning for candidates.