Skip to main content

View Diary: SCOTUS Overturns Millionaire's Amendment (171 comments)

Comment Preferences

  •  This ruling is a great victory (1+ / 0-)
    Recommended by:
    Gangster Octopus

    There is no disproportionate amount of Republican self-financing candidates than there are Democrats, on the whole. Therefore, there's really no advantage to anyone save for fairness (people spending their money how they want to).

    Before you decry self-financing, remember that if someone funds their own campaign they are only beholden to themselves and those who elect them, not special interests.

    This ruling will allow Democratic self-financers to not have to worry about giving to their own campaigns after the primary election, which was the issue in the past. They could give all they wanted during the primary, but after the primary, if they gave above a certain amount it would trigger caps, so opponents' donors could give more. This is great. This is awesome. Let's recruit some self-financing House and Senate candidates for 2010!

    •  And (2+ / 0-)
      Recommended by:
      Adam B, Gangster Octopus

      It's not like there's been this wave of successful self-funded candidates.  For every Bloomberg, there are twenty Dick Devoses, Mitt Romneys, Ross Perots, etc.  There was a New York Times article not too long ago that showed only around 5% of self-financed multi-millionare candidates actually succeed.  

      There's simply no wave of people buying themselves political office.  There isn't.  So we shouldn't give up fundamental free speech rights just to combat a problem that doesn't really exist.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site