Supreme Court tosses aggregate donation limits

[Southern Senator North Carolina Yankee]

If you don't want to have your tax dollars funding David Duke and if we are going to let Jon Corzine or Mitt Romney or Meg Whitman fund their own campaigns with their personal fortune, then the only way to level the playing field is to remove the limits on the number of donations that can be given and even the size of those donations.

There is clear diminishing returns to money spent because once you flood the airwaves, people pay less attention. We have seen candidates like Meg Whitman spend hundreds of millions only to lose by double digits, and of course there is Romney's 2008 campaign. Message can trump money and if you can get on the air, the superior message will be able to trump the difference in money between $25 and $100 million. But you have to get to that $25 million and they are hamstrung by these limits.