http://bit.ly/6eMD01

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By a 5-4 vote, the court on Thursday overturned a 20-year-old ruling
that said corporations can be prohibited from using money from their
general treasuries to pay for their own campaign ads. The decision,
which almost certainly will also allow labor unions to participate
more freely in campaigns, threatens similar limits imposed by 24
states.

It leaves in place a prohibition on direct contributions to candidates
from corporations and unions.

Critics of the stricter limits have argued that they amount to an
unconstitutional restraint of free speech, and the court majority
apparently agreed.

"The censorship we now confront is vast in its reach," Justice Anthony
Kennedy said in his majority opinion, joined by his four more
conservative colleagues.
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Well, something good happened today.

You don't get the money out of politics by abridging free speech. You
limit the money in politics by limiting the power and scope of
government, and removing from elected officials the sense of
entitlement to power that they now have.

- Publius

-- 

"It ought never to be forgotten, that a firm union of this country,
under an efficient government, will probably be an increasing object
of jealousy to more than one nation of Europe; and that enterprises to
subvert it will sometimes originate in the intrigues of foreign
powers, and will seldom fail to be patronized and abetted by some of
them. Its preservation, therefore ought in no case that can be
avoided, to be committed to the guardianship of any but those whose
situation will uniformly beget an immediate interest in the faithful
and vigilant performance of the trust." [Federalist Papers #59]

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