Cruz’s effort to legalize bribery on SCOTUS docket

[UNCjigga]

Ted Cruz is getting closer to cementing his legacy as the worst Senator in US history (or at least post Civil Rights era.) Looks like he’ll finally be getting his day in court, amongst Justices who are all too eager to rule in his favor.

The Supreme Court takes up a case, brought by Ted Cruz, that could legalize bribery

Ted Cruz wants the Court to kill an important anti-corruption law.

www.vox.com

Cliff’s: A Democrat exploited a loophole and made a profit on a loan made to her campaign and paid back by donors after the election. FEC rules were changed to prevent that from happening again. Now, the GOP doesn’t want to be held to those same standards while continuing their efforts to make the FEC a toothless body (sound familiar?)
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Sen. Ted Cruz (R-TX) wants the Supreme Court to strike down the limit on loan repayments to federal candidates. That decision could potentially enable any lawmaker to make a high-dollar, high-interest loan to their campaign, and then use that loan as a vehicle to funnel donations directly into their pocket.

While a decision in Cruz’s favor could effectively make it legal for wealthy donors to bribe lawmakers, Cruz has a very good chance of prevailing in a Supreme Court where Republicans control six of the Court’s nine seats.

 

[pauldun170]

A member of Congress is running for re-election. He raises $6 million for his campaign by Election Day, but he wants to spend more. So he lends his campaign $1 million more from his personal funds. After he wins the election, he continues to raise money for the same campaign from donors who contribute money not for the purpose of winning that election or the next one but solely for the purpose of paying back the congressman. Their contributions go into his campaign bank account and out again into his personal bank account. Dollar for dollar, every post-election contribution these donors make goes directly to the congressman.

Ted Cruz just gave donors a much louder voice in Washington

Thanks to Ted Cruz, a court ruled that candidates can repay an infinite amount of loans.

www.msnbc.com

"He's the Rosa Parks of political corruption!!"

https://twitter.com/x/status/1145751767864565760

 

[dank69]

Ted Cruz just gave donors a much louder voice in Washington

Thanks to Ted Cruz, a court ruled that candidates can repay an infinite amount of loans.

www.msnbc.com

"He's the Rosa Parks of political corruption!!"

https://twitter.com/x/status/1145751767864565760

Jesus Christ. You know how I know God doesn't exist? Because the people writing that were not struck by a bolt of lightning while doing so.

 

[theeedude]

This "Court" wants to destroy the legitimacy of our political system AND maintain civility. Sorry, pick ONE.

 

[MrSquished]

Just a horrific absolutely terrible soulless group of people.

 

[Thump553]

The Supreme Court already legalized bribery in the 2014 McDonnell case https://en.wikipedia.org/wiki/McDonnell_v._United_States and has long battled to gut the FEC and political corruption laws on the basis of impairment of free speech. My gut feeling-especially with this Court-is that Cruz could most likely win.

 

[GodisanAtheist]

The Supreme Court already legalized bribery in the 2014 McDonnell case https://en.wikipedia.org/wiki/McDonnell_v._United_States and has long battled to gut the FEC and political corruption laws on the basis of impairment of free speech. My gut feeling-especially with this Court-is that Cruz could most likely win.

- For those not going to click that link, that case was a unanimous decision, so its not as though the liberal justices fought tooth and nail against that decision but rather went along with it. Basically severally narrowed the definition of "Official Act" that would fall under anti-bribery guidelines for prosecutors.

 

[Bitek]

I'd have more respect for the 1/6 rioters had they shown up to protest something like this.

Gonna guess not a peep tho.

 

[HomerJS]

Does Cruz have to "loan" his campaign money because giving it would exceed campaign contributions? Is that the reason behind the 250,000 withdraw limit?

I'm missing something here. If proper paperwork is done to "loan" a campaign money and that amount is paid back with zero interest how can a pol make a profit?

 

[brycejones]

Just following the logic the court established when it gutted McCain-Feingold. Money is speech and therefore can't be regulated. They also said requiring disclosure of where the money came from was something they could support until they said it was wrong to require disclosure. So fucking disgusted by this court.

 

[dainthomas]

Does Cruz have to "loan" his campaign money because giving it would exceed campaign contributions? Is that the reason behind the 250,000 withdraw limit?

I'm missing something here. If proper paperwork is done to "loan" a campaign money and that amount is paid back with zero interest how can a pol make a profit?

It's not zero interest.