Archive for June 26th, 2008
Roberts court continues to dismantle campaign finance reform
Expect the average net worth of a member of Congress — now about $1.5 million — to take another leap upward. That’s because five members of the Supreme Court decided that wealth, as speech, cannot be regulated. In doing so, the Roberts court continued to dismantle the “fairness” logic of past congressional attempts at campaign finance reform by labeling such reforms as censorship.
In a 5-4 decision, the Court ruled that it is unconstitutional to allow candidates facing self-financing, wealthy opponents to accept larger-than-normal contributions. This decision will decrease the number of financially viable congressional candidates.
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