Tuesday, January 26, 2010

US Supreme Court: No Campaign Finance Limits

 
25 January 2010. David Caploe PhD, Chief Political Economist, EconomyWatch.com. On January 21 2010, the US Supreme Court overturned the most recent attempt to put some kind of limits on political campaign finance activities with a far-ranging decision that insures the already broken and corrupt American political system will become even more so almost immediately, barring the unlikely passage of new laws by the current Congress. While this shocking, if not surprising, decision has already occasioned much commentary, especially in the US, relatively little has been written about the ruling's equally disastrous likely effects on the US and world economies.

No comments: