By a 5 to 4 vote, the United States Supreme Court has essentially ruled that it's okay to buy an election. Justices struck down the so-called "millionaire's amendment." It's objective was to level the playing field when a particularly wealthy person runs for political office.
So, if a multi-millionaire wants to spend part of his or or her fortune to get elected, that's fine. At the same time though, his or her less affluent opponent was allowed to exceed fundraising limits in an effort to make the race more competitive. The Court now says that's a violation of the First Amendment.
To me, the most egregious case of incredible wealth influencing an election was current New Jersey Governor John Corzine's run for the U.S. Senate in 2000. He spent 62-million of his own dollars to win that race. How can you compete with that? Well, you really can't and it's no wonder that so many people are disenchanted with the American political process.
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frungi40
Jun 27, 2008 | 2:30 PM |
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frungi40
Jun 27, 2008 | 2:36 PM |
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