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by einpoklum
2279 days ago
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And this is doubly sad considering how both parties are/end up in significant agreement about the US' huge military presence abroad, tax cuts for the wealthy, deregulated campaign finance etc. Which are subjects where most US citizens hold the opposite view to the bi-partisan near-consensus. |
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It was around 2002 that there was sufficient political atmosphere for McCain to gather the support of nearly all Democrats and 11 GOP allies for the bare minimum of 60 votes to beat a GOP filibuster.
The bill had restrictions on: (1) soft money, or money meant to promote issues or parties, (2) hard money, or money meant for specific campaigns or candidates, (3) advertising in proximity to an election, and (4) foreign contributions.
President George Bush declined to take a stance and signed the bill into law without comment.
It was challenged by Citizens United, a conservative non-profit, challenging whether they could be restricted from airing political ads near the election date, and it was overturned 5-4 by the US Supreme Court conservative majority along known party lines.
All parties have their failings, but it would be a mistake to think that a vote for either party is equally meaningless with regards to campaign finance. In the GOP, it's only McCain and a scant few allies who paid for this issue. The Democrats as a whole spent severe political energy and opportunity on campaign reform, while McCain spent his own political currency against the energetic opposition of his own party.