And some of the less controversial aspects may be the most damaging:
Under other terms of the new law, the limit on contributions goes up 25 percent to $5,000 in January, and then increases automatically every two years in step with inflation. Changes also allow unlimited spending by interest groups not tied directly to a candidate, with no requirement they reveal the source of their funds during much of the election cycle.
That enables the use of “secret money” to launch attack ads against a favored candidate’s opponent, said Bob Hall, director of the voting-rights advocacy group, Democracy North Carolina.
I feel much the way James does when it comes to money in politics. I find the whole process distasteful, frankly, and the thought of having to ask for money, much less take it, will likely keep me from aspiring to elected office. That said, the harsh reality is: the money race is happening, whether we (personally) engage in it or not. So, I have a proposal for you progressives, especially the wealthy ones: only give your money to Democratic candidates, and only those Democratic candidates who will sign a pledge to vote for campaign finance reform. If they won't agree (for whatever reason), then they are not the person you want to support anyway.