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The right to buy an election
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If you believe money is speech, corporations are people, and the wealthiest 1 percent are a persecuted minority, then you will love the recent Supreme Court decision on campaign finance (McCutcheon v. Federal Election Commission) and where it is pointing our political process.The guiding principle certainly seems to be getting rid of any limits on election spending by mega-donors.The Supreme Court has whisked away the total limit on how many candidates, affiliated committees and standard PACs an individual can contribute to: While there remains a limit on how much money can be given to any one candidate, committee or PAC, there is no limit on the number of contributions. Before the decision, an individual donor could only give a total of $123,200 to political candidates and committees during any two-year election cycle.