Money does not equal free speech.
It's Time to Overrule the Supreme Court
Overturning Buckley v. Valeo is an essential step toward enabling a democratic republic
http://reclaimdemocracy.org/political_reform/money_notspeech.htmlsnip...
Today, one political class is the overwhelming majority -- we express our preferences with our votes or volunteer efforts. The other class consists of those wielding real power -- the ability to finance the bulk of candidates' campaigns and effectively "set the menu" of candidates from which the rest of us may choose.
The justices' motivation for treating money as speech may not be racist, but the impact is. Major political donors are fully unrepresentative of Americans. According to a 1996 study by the Joyce Foundation, eighty percent of people investing $200 or more in political candidates are males from households with annual income exceeding $100,000, and about 95 percent are white.
Not surprisingly, Congress closely mirrors those distinctly unrepresentative demographics.
When you get into the real money -- donations of $1,000 or more -- the picture is skewed even further. Just one in a thousand adult Americans contributed $1,000 or more to any candidate in the last election, yet candidates for the 2004 presidential nomination raised more than 80 percent of their individual investments from these elites. And people wonder how Congress can consider repealing inheritance taxes for multi-millionaires while plunging us ever-deeper into debt.