Word: feingolds
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During the last three days of the McCain-Feingold debate in Congress in 2001, she walked around the Capitol building 24 hours a day, stopping for catnaps and food...
...feel strongly that American politics suffers from the ever-growing role of money in political campaigns,” Bilmes said. “Despite the McCain-Feingold reforms, candidates for elective office must spend an absurd amount of time and effort devoted to fundraising...
...panel also rejected a provision of McCain-Feingold that would ban corporations and labor unions from running ads explicitly referring to political candidates immediately before an election. This clause is meant to ensure that non-voting entities like corporations are not able buy political influence by essentially paying for a candidate’s ads. The prohibition will also cut down on attack ads, which are often funded by independent groups like corporations or unions. At the same time, the provision leaves anybody free to run truly issue-based ads at any time. A return to truly issue-based...
...panel’s 1,600-page ruling raised a number of technical issues with McCain-Feingold, but the ruling comes down to one simple statement: the right of the wealthy to pour money into the political system outweighs the right of American voters to have their voices heard. While voters ultimately decide elections, advertising and mobilizing dollars have a profound power at turning voters and getting them to the polls. Consequently, money talks, and politicians will often turn around to listen...
...Supreme Court has consistently upheld reasonable limits on political spending. McCain-Feingold does nothing more than ensure that those limits are not made meaningless by legislative loopholes and crafty campaign lawyers. The High Court—which has the final say on reform—should recognize the rights of American voters over the rights of wealthy special interests. A ruling in favor of McCain-Feingold would reassert the principles of American democracy and score a victory for voters...