[PLUG-TALK] [PLUG] todays supreme court decision.

[MJang]

On Fri, 2010-01-22 at 19:17 -0800, Michael Rasmussen wrote:

> Now that they don't have to go through their PAC they can spend what they see fit.

As noted in the HuffPo link, the door was already open to independent,
issue-based expenditures. AFAIK, the only limits were 

1) Some paperwork related to creating issue PACS per some 503 or 504
section of the IRS tax code
2) Any resulting ads could not directly endorse a candidate. 
3) If such ads were related to a political campaign, those monies not
cleared through issue PACs were limited by McCain-Feingold.

If I understand correctly, the actual expenditures for such financing
through 503 or 504 IRS code independent groups was already unlimited. 

So except for some savings w/r/t not having to pay CPAs, I don't see a
difference w/r/t issues such as Net Neutrality and the DMCA. 

Granted, the way some businesses can saturate the airwaves on such
issues is awful. But I don't think that was changed by this particular
Supreme Court decision.

Thanks,
Mike