The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: Giordano Bruno who wrote (23623)	5/28/2011 12:53:44 PM
From: Broken_Clock	Read Replies (1) of 119361

Last Updated: May 28. 2011 1:00AM Nation/world briefs Corporate contributions OK, U.S. judge rules Nation Alexandria, Va. — A U.S. judge has ruled that the campaign finance law banning corporations from making contributions to federal candidates is unconstitutional, citing the Supreme Court's landmark Citizens United decision last year in his analysis. In a ruling issued late Thursday, U.S. District Judge James Cacheris tossed out part of an indictment against two men charged with illegally reimbursing donors to Hillary Clinton's 2006 Senate and 2008 presidential campaigns. Cacheris says that under the Citizens United decision, corporations enjoy the same rights as individuals to contribute to campaigns. The ruling from the federal judge in Virginia is the first of its kind. The Citizens United case had applied only to corporate spending on campaign activities by independent groups, not to direct contributions to the candidates themselves. From The Detroit News: detnews.com

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