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A court ruling expands Corp. donation possibilities (Beyond Citizens United)

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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-27-11 02:54 PM
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A court ruling expands Corp. donation possibilities (Beyond Citizens United)
Edited on Fri May-27-11 02:56 PM by Jackpine Radical

A federal court struck down a federal ban on corporate campaign contributions, arguing that companies ought to be able to give directly to political campaigns. The decision goes further than last year's Citizens United decision by the Supreme Court, which ruled that corporations are entitled to free speech and therefore can spend unlimited sums of money on campaign advertising. District Judge James Cacheris of the U.S. District Court of Eastern Virginia ruled that, based on Citizens United, corporations can give up to $5,000 directly to candidates. The decision will likely go to the Supreme Court, and challenges to the judge's limits on the size of contribution are expected. The decision came in a criminal case of two men charged with reimbursing their employees for $186,600 in donations to Hillary Clinton's campaign for Senate in 2006 and president in 2008.
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