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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: goldworldnet who wrote (345064)1/22/2010 10:41:51 PM
From: Glenn Petersen1 Recommendation  Read Replies (1) | Respond to of 793896
 
It certainly levels the playing field, although it is impossible to tell how it will play out. When McCain-Feingold was passed, it was commonly assumed that it would benefit the GOP. It didn't.

I find it amusing that many of the people that are currently complaining about the Supreme Court decision did not object to the fact that Obama reneged on his agreement with McCain to accept public financing in 2008 if the two of them received their party's nomination. Obama had an overwhelming financial advantage.

It is hypocritical for Obama - even if he is a newly minted populist - to complain about the Court's ruling.

Obama said a Supreme Court ruling that McCain-Feingold campaign-finance restrictions are unconstitutional will lead to a "stampede of special interest money in our politics."

The president added: "It is a major victory for big oil, Wall Street banks, health insurance companies, and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans."