- American voters lost more equity and equality in the American Political System that is trending to being unfair.
- If Congress sees the problem, they must enact laws to restore the balance and fairness.
- Everyone, large and small donors are going to feel the “shakedown” and react to it.
See the annotated list.
The Politico story addresses the anticipated reaction among large donors. The universal reaction might well be “I’m tapped out.” That doesn’t mean that they are “maxed out.”
Is it a bad court? No, it is bad laws and regulation.
“Big donors fear shakedown after decision
By ANNA PALMER and TARINI PARTI | 4/2/14 7:36 PM EDT
The biggest Washington donors used to have a great excuse to keep their wallets closed when fundraisers came knocking: Sorry, I’m maxed out.
But a Supreme Court ruling swiped that line from them Wednesday when the justices tossed a rule that limited how much an individual can give to candidates, party committees and PACs.
Now, fundraisers hope donors, many of them lobbyists, will embrace their new legal right with gusto to give more across the board to candidates and party committees.
“I’m horrified, planning to de-list my phone number and destroy my email address,” said Ken Kies, who, along with his wife, has bumped up against the federal political contribution limits. “What I was really hoping for is a ban on lobbyists making contributions entirely.””