Word: feingolds
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...That may sound sweeping, but it's hard to know exactly what to make of the 5 to 4 decision, with the majority opinion also written, as in the Bong Hits case, by Chief Justice John Roberts. It seems to put a significant chink in the McCain-Feingold campaign finance law, and advocates for limiting campaign spending say it will draw a flood of corporate cash to TV spots pushing one candidate or another. But the decision is also very narrow, meaning it may well preserve the overall impact of McCain-Feingold and doesn't necessarily justify predictions...
...finance decision applies only to three TV ads that Wisconsin Right to Life Inc. wanted to run in 2004 opposing filibusters of President George W. Bush's judicial nominees. The ads named Wisconsin's two Senators and urged viewers to contact them about the issue. One Senator, Democrat Russ Feingold, was up for reelection. Since the McCain-Feingold law bans corporations and unions from spending their money (as opposed to money from a separate political action committee) on ads that name candidates 30 days before a primary or 60 days before a general election, Wisconsin Right to Life figured...
...Joined by Justice Samuel Alito, Roberts says the organization's ads could reasonably be seen as opposing the practice of filibustering, rather than the candidacy of Feingold, so they therefore past constitutional muster. (Wisconsin Right to Life won't use the old ads, obviously, but at least now it knows what it can say in new ones.) It's only when an ad is "susceptible of no reasonable interpretation other than as an appeal to vote for or against a specific candidate" that McCain-Feingold kicks in, Roberts says...
...selling them credit cards--"the opium of consumerism." When the rest of the banking industry lobbied for a new bankruptcy law in 2005 to make it easier for lenders to go after people struggling to pay their bills, Kuhlmann held a press conference with Senators Ted Kennedy and Russ Feingold to say the law would hurt ordinary people down on their luck. It was classic Kuhlmann: a mixture of genuine outrage and savvy marketing message...
...This term, Senator Obama has spearheaded initiatives to demand governmental accountability. He fought to allow all Americans to see exactly how their money is being spent, and demanded that senators no longer be able to request legislative earmarks anonymously. He worked with Senator Russ Feingold to implement common-sense ethics reforms, preventing members of Congress from accepting gifts from lobbyists and restricting the revolving door between lobbying firms and Capitol Hill. And that commitment has extended to the campaign trail, where he does not accept any campaign contributions from lobbyists or interest groups...