Campaign finance just gets messier
The efforts to reform campaign financing by imposing very low contribution limits seem headed down a slippery slope and could result in a Supreme Court decision eliminating the $1,000 individual contribution limit that is currently the law for federal elections. We could then have a system of no contribution limits as a federal law enacting new, higher limits is unlikely given the congressional opposition to campaign finance reform. Case law striking down lower contribution limits is alluded to.
Publication Name: The National Law Journal
Prohibitions on campaign contributions from foreign sources: questioning their justification in a global interdependent economy
Foreign corporations' contributions to US political candidates, while banned by US law, should be considered acceptable in the emerging world economy. Legitimate foreign source contributions should be allowed and only bribes should be prohibited by law. Although a loophole allows foreign corporations to be funneled through their US subsidiaries, a better approach would be to openly acknowledge the changing world economy and the legitimate stake that foreign companies have in US elections.
Publication Name: University of Pennsylvania Journal of International Economic Law
Money and politics
The US Supreme Court in 1976's Buckley v. Valeo incorrectly stuck down post-Watergate political reform legislation which limited political expenditures. The case places a barrier against the greatest means to diminish the negative impact of money on political processes which is mandatory public election campaign financing. The 1st Amendment principle of preservation of public debate should have controlled and would have led to a different outcome.
Publication Name: Columbia Law Review
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