fishsupreme: (Default)
fishsupreme ([personal profile] fishsupreme) wrote2003-05-02 03:15 pm

Campaign finance reform

A federal appeals court in Washington has just struck down part of the McCain-Feingold campaign finance reform act that passed last year.

They struck down the "soft money" ban that was the key provision of the bill, and also (quoting MSNBC here):

The judges also ruled unconstitutional new restrictions on election-time political ads by special interest groups and others. The court let stand another part of the law, which had increased the amount of money that an individual could give to a candidate’s campaign from $1,000 to $2,000 per election. BCRA also doubled the amount that donors could give to state and local party committees to $10,000 a year.

Yes, after this little judicial edit, John McCain's little "get the money out of politics" act now does nothing except raise campaign contribution limits.

Since I find all campaign contribution or spending limits of any kind whatsoever (except for mandatory reporting of campaign contributions) to be a flagrant violation of the First Amendment, I think this is all terribly amusing.

[identity profile] chef-incognito.livejournal.com 2003-05-02 03:47 pm (UTC)(link)
When I hire an employee should I be concerned that he is going to donate part of his wages to causes I don't agree with? When I invest in a company should I be concerned that my investment is going to fund projects that I may not agree with? When I purchase imported goods should I be concerned with the fact that taxes by the foreign government will fund programs I wouldn't support? When I buy drugs should I be concerned that the revenue may support terrorism? In each of these cases in a free society you are welcome to come to your own conclusions and base your purchase decisions on any criteria you choose.

[identity profile] ytterbius.livejournal.com 2003-05-02 08:02 pm (UTC)(link)
I understand your points. I don't really have an argument against it (or [livejournal.com profile] fishsupreme's below.

There just seems like there's a problem with the proceeds of millions or billions of transactions, happening all around the world, being focused through the corporation, and through the hands of a very few top decisionmakers, into influencing "free" elections.

It's a frustrating issue.