A few things have happened today in the realm of campaign finance issues.

First the SCOTUS knocked the wind out of McCain-Feingold today. The President says it’s a victory for Wall Street banks, Big Business fat cats, who are all special interests. I’d like to remind Mr O, his unions are just as special and interesting. I’m just sayin’

The second bit of news deals with an older law that puts limits on campaign contributions. Unions and business can now contribute to campagins out of their general funds among other things without limits.

I’m not sure what to think about this. I think you should be able to give as much as you want to whatever cause you choose to align yourself with. Of course, I’m saying that as a responsible person not out to get anything or to cause any trouble. However, I am worried about more corruption and buying of votes, which we know already happens.

What say you Derby fans? Is this good or bad and will this years’ elections be uglier for it?

Comments

  • Liz

    Freedom of Speech in terms of campaign contribution was intended to apply to individuals, not to unions, associations, or corporations. There should be NO limit on what individuals can donate, but corporations or unions should not be able to donate funds taken from employees for political purposes. We call that “collectivism”, and believe me that was not intended to be the rule codified by the founding fathers.

  • Troy La Mana

    What would you think of a Zero donation law?

    Each candidate receives a lump sum for national campaigns.

    • Brian H

      I don’t like the idea of federally funded elections because I value free speech. My ability to exercise my right of free speech comes in the form of donating the product of my effort to the candidate of my choosing. To remove that process is to remove a fundamental right I have. Less law, less governing, less regulation is always a good thing for a free people. I am not a scholar on election law but the fact that the SC has removed a government barrier to free speech seems to be an appropriate action.

  • Alaina

    I think they should cap campaign spending all together.

  • Troy La Mana

    Yes on the first but No on the second.

    A more responsible reform would be that unions are not allowed to contribute to any candidate without the express consent of its members.