Authored by Dan Backer via Investors.com,
In 2014, the Supreme Court ruled in favor of my client, Alabama engineer Shaun McCutcheon, in his challenge to the Federal Election Commission’s (FEC) outdated “aggregate limits,” which effectively limited how many candidates any one donor could support.
Anti-speech liberals railed against McCutcheon’s win, arguing it would create supersized “Joint Fundraising Committees” (JFCs). In court, they claimed these JFCs would allow a single donor to cut a multimillion-dollar check, and the JFC would then route funds through dozens of participating state parties, who would then funnel it back to the final recipient.
Democracy 21 President Fred Wertheimer claimed the Supreme Court’s McCutcheon v. FEC ruling would lead to “the system of legalized bribery recreated that existed prior to Watergate.” The Supreme Court, in ruling for us, flatly stated such a scheme would still be illegal.
The Democrats’ response? Hold my beer.
The Committee to Defend the President has filed an FEC complaint against Hillary Clinton’s campaign, Democratic National Committee (DNC), Democratic state parties and Democratic mega-donors.
This post was published at Zero Hedge on Wed, 12/27/2017.