Third Party & Independents Archives

Court Ruling on Campaign Finance Law

I found an excellent article dated Dec. 11 on the Libertarian response to the Supreme Court’s upholding of major provisions of the Campaign Finance Reform law passed by Congress. The Libertarian Party is opposed to the law and here is why.

The Libertarian Party, which is one of the plaintiffs that challenged the campaign finance law upheld on Tuesday by the Supreme Court, has denounced the ruling as an “all-out assault on the right of every American to engage in the political process.”
"Why not just outlaw elections and get it over with?" said Geoffrey Neale, the Libertarian Party's national chair. "The Supreme Court has just given incumbent politicians the power to financially cripple their competitors and, in the process, award themselves lifetime jobs."

In a 5-4 ruling that shocked advocacy groups across the political spectrum, the Supreme Court endorsed key provisions of the McCain-Feingold campaign finance law. Specifically, the court upheld a ban on "soft money" contributions from wealthy individuals, corporations and labor unions, as well the law's prohibition on running certain political advertisements within close proximity to an election.

But Libertarians point out that McCain-Feingold was nothing more than an incumbent protection act in the first place -- and that the court's ruling was tantamount to outlawing political competition.

To read the rest of this excellent press release, click on the link in the introduction of this article.

Posted by at January 7, 2004 2:24 PM