U.S. Supreme Court Strikes Down Limits on Campaign Funding for Companies

The United States Supreme Court handed down a landmark ruling on Thursday, rejecting a long-standing measure that limited the amount of money a company could contribute to a political campaign.

With the stunning 5-4 vote, which effectively overturned a ban on businesses using their money to pay for campaign ads, the Supreme Court opened the door for more aggressive fundraising for political campaigns.

It won’t take long to see how the ruling plays out as mid-term elections are just months away.

While Supreme Court Justice Anthony Kennedy, who voted in the majority, called the limitations a form of censorship Justice John Paul Stevens, who voted in the minority, said the court’s decision could threaten “to undermine the integrity of elected institutions around the nation.”

###

Click here for more Political News

About WooEB

WooEB Community is a business, music and social networking community. WooEB provides members with a wealth of applications that enable them to create an in-depth profile within the community. Profiles include an About Me, Background and Lifestyle, Videos, Photo sharing, News, Music, Blogs, unique URL and networking with other members inside the WooEB community. WooEB provides ADit to each member providing them the opportunity to have an exclusive profile (no outside advertising) displaying only banner ads they upload to their pages. Members can run their own ads or give or sell their ad space to advertisers at prices the member sets.

To create your profile sign up and within minutes you too can have your People profile running your ads and building your network with new members daily.

WooEB is owned and operated by TransWorldNews, Inc. a news and press release distribution service.