This morning’s lead editorial  in Raleigh’s News & Observer gets it right on the U.S. Supreme Court’s latest campaign finance decision in favor of big money:
“Voting 5-4 along ideological lines, the high court said in McCutcheon v. FEC that the current limit on the aggregate amount individuals can give to candidates violates the First Amendment. The decision lifts the $48,600 limit that an individual could contribute every two years to all federal candidates. It also removed the $74,600 limit on individual contributions to federal party committees. However, the court kept in place the limit on giving to one candidate, $2,600 per primary and general election.
The decision adds to the unfolding catastrophe of the court’s 2010 Citizens United ruling that allowed corporations and labor unions to give unlimited amounts to Political Action Committees and other groups that seek to influence elections and politicians. That decision spawned super PACs and ‘dark money’ groups in which corporations can spend directly to influence elections without having to disclose the source of the money. As a result, non-party, outside spending in 2012 tripled that of 2008….
The McCutcheon decision is especially shameful for the history behind the limits it ends and the evidence of how Citizens United has already warped the nation’s democratic process. The aggregate limits were imposed in response to the Watergate scandal that exposed anew the corrupting effect of campaign cash. That the court did not lift the limits on contributions to individual candidates seems to acknowledge the hazards of unlimited giving in a particular race. Why would that caution not also be applied to having wealthy contributors giving the maximum amount to an unlimited number of candidates?
Further, the court continued to spill more money into politics even as giving allowed by Citizens United is turning elections into auctions. Concentrations of wealth – whether held by corporations or the ever-soaring 1 percent – are distorting election issues with misleading and deceptive ads and subverting the ability of the popular will to make itself heard at the polls.”
Read the rest of the editorial by clicking here .