Supreme Court just legalized money laundering

By Around the Web

(Think Progress) — Chief Justice John Roberts begins his opinion in McCutcheon v. FEC with a flourish: “[t]here is no right more basic in our democracy than the right to participate in electing our political leaders.” He then spends the next forty pages explaining why that participation includes the right of rich people to attempt to buy elections. Thanks to the decision Roberts and his four fellow conservative justices handed down today (Though Thomas did not join Roberts’ opinion, he wrote a more radical opinion calling for all limits on campaign donations to be eviscerated), wealthy donors now have a broad new power to launder money to political candidates — they just have to be a bit creative about how they do it.

Prior to Wednesday’s opinion, federal law placed two complementary limits on campaign donors. During the current election cycle, donors may give no more than $5,200 per election cycle ($2,600 for the primary and another $2,600 for the general) to a given federal candidate, and there are also higher limits on how much they can give to party committees and political action committees. These limits remain intact.

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