This editorial will appear in tomorrow’s print edition.
So corporations and unions are short on opportunities to sway elections? Radio and television aren’t saturated enough with vicious hit jobs on the candidates they oppose?
Such is the logic of the U.S. Supreme Court, which shook decades of once-settled law Thursday by striking down crucial limits on corporate “campaign speech” – i.e., campaign spending.
The court’s five-member conservative majority overturned major precedents, a key provision of the McCain-Feingold campaign finance reform bill, and much of a 63-year-old law that barred companies and unions from raiding their general treasuries to mount media blitzes for or against specific candidates.
And just in time for this year’s congressional elections. Expect moneyed interests to play an even bigger role in the looming political battles than they had in the past.
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