Recently, the Supreme Court wisely overturned as unconstitutional the vaunted “McCain/Feingold Campaign Finance Law” that restricted the ability of corporations to make contributions to campaigns.
Why is this a good thing?
First of all, the way the law was written, it tied the hands of business, while giving unions the opportunity to spend with virtually no restrictions. Given that unions (over the last 20 years, anyway) have given over 90% of their contributions to Democrats, this has created a lop-sided playing field. [Read more…] about Finance THIS.