Millionaire’s Amendment Rejected By Supreme Court
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- June
- 26
The Supreme Court today struck down the “millionaire’s amendment” that was challenged by western New York congressional candidate Jack Davis, a wealthy businessman who lost two races to Rep. Thomas Reynolds, R-Clarence, Erie County.
The court ruled that the amendment was an unfair way “to help opponents of wealthy political candidates who spend from their personal fortunes,” according to the Associated Press.
Here’s some of their story:
The law allows candidates to receive larger campaign contributions when their wealthy opponents spend heavily out of their own pockets.
The court said by a 5-4 vote that the law violates the First Amendment.
The law was challenged by Jack Davis, a New York Democrat who has so far spent nearly $4 million of his own money in two losing campaigns for Congress and says he will spend another $3 million this year.
Davis says the provision in 6-year-old campaign finance reforms unfairly rewards his opponents by letting them exceed campaign fundraising limits simply because Davis dipped into personal funds.
This entry was posted
on Thursday, June 26th, 2008 at 2:32 pm by Joseph Spector.
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Donate your money to the orphans. The orphanages will appreciate it, and your public image might improve enough so that you needn’t spend all the dough on ads and political mercenaries to get elected to an office.
“POWER CORRUPTS ;ABSOLUTE POWER CORRUPTS ABSOLUTELY”
MONEY IS A FORM OF POWER;ERGO TOO MUCH MONEY WILL CORRUPT THE POLITICAL PROCESS
WHY THE SUPREME COURT REFUSES TO MAKE THIS CONNECTION IS AMAZING
RE:Absolute power corrupts absolutely … When this statement is brought up, I always wonder what makes government beauacrats “immune” from this fact.
Most people who make statements such as the one above, propose to go to public financing of elections as a “fix” for this problem.
This implies a sort of blind trust that the government officials that will be running the public financing system will be immune from the temptations of their power. I think the future of man on earth proves that such officials are not immune from the corruptive influences of power.
And once you hand over the power and control of the election financing to the government, it may be “game over”. They will not likely ever give up this power.
Why should not scum and FELONS such as MOVEON.ORG and GEORGE SOROS[convicted felon] be able to ‘BUY’ whatever SOCIALIST/LEFTY they want??? How unfair the UNITED STATES CONSTITUTION working to prevent these abject frauds froim political control!!! Thank goodmess for McCAIN/FEINGOLD for allowing these reprobates/degenerates to ‘skirt’ the campaign finance laws – AND turn to private financing. WHAT A JOKE!!!