Today’s Court Ruling. The Other Big One!

Another important decision that was lost to the excitement of the pro gun community was the court striking down the “millionaire’s amendment”. The immediate affect that this will have on this election cycle is not to put aside. Remember the last year how the media was busy that the Republicans are recruiting self fonder who could spend their own money. The democrats were not that afraid because an opponent of a candidate that triggers the prevision (after giving himself 350K) could get unlimited coordinated party spending (the democrats have a huge advantage over republican in the House) and the amount they could raise is 3 times more then otherwise allowed the total they could raise comes to $13,800 from an individual and I don’t know how much from a PAC. Here is the most important part of it of the prevision that is that would hurt the opponent of a self fonder. The campaign finance low gives an amount to overall federal candidates (I think its $42,000) so rich people and special interest are reserving their money for their friends and for their allies on the Hill so when the playing field expands like a year like this to an unusually high number of seats you have to find new donors because of the amount that an individual could donate. But when a candidate triggers the prevision his opponent could go back to lets say a 200 donors that would otherwise donate to his/her campaign but reached their limit and ask not only $4600 but $13,800 and if they get it, it totals to over 2 ½ million dollars that is out of their reach now that the court has said that its unconstitutional. And minutes after the ruling came out I got emails from two candidates that are running against self fonders bragging that they now need money.   

 
If the Republicans pick up NY 20 (Gillibrand vs. Treadwell) you should remember today as a part of the victory!

http://houseguru.blogspot.com/

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