[url]http://www.dailypress.com/news/sns-ap-scotus-campaign-finance-excerpts,0,7991275.story?coll=dp-breaking-news[/url]
Excerpts from the Supreme Court's ruling
The Associated Press
December 10, 2003
,Justices John Paul Stevens and Sandra Day O'Connor, in upholding key parts of the campaign finance law:
"Many years ago we observed that "to say that Congress is without power to pass appropriate legislation to safeguard ... an election from the improper use of money to influence the result is to deny to the nation in a vital particular the power of self protection.' We abide by that conviction in considering Congress' most recent effort to confine the ill effects of aggregated wealth on our political system. We are under no illusion that BCRA will be the last congressional statement on the matter. Money, like water, will always find an outlet. What problems will arise, and how Congress will respond, are concerns for another day."
Dissent by Chief Justice William H. Rehnquist:
"The court attempts to sidestep the unprecedented breadth of this regulation by stating that the "close relationship between federal officeholders and the national parties' makes all donations to the national parties "suspect.' But a close association with others, especially in the realm of political speech, is not a surrogate for corruption; it is one of our most treasured First Amendment rights. The court's willingness to impute corruption on the basis of a relationship greatly infringes associational rights and expands Congress' ability to regulate political speech..." "No doubt Congress was convinced by the many abuses of the current system that something in this area must be done. Its response, however, was too blunt."