So much talk about a decision that changes little.
Will the fat cats (unions and corporations and large pension funds, etc.) be able to give money to candidates or political parties? NO. Bans were not overturned by the decision.
Can corporate money be spent directly with candidates or political parties? NO Monies spent in collaboration with candidates or parties are treated as contributions and are banned.
Can the corporate and union spending be secret? NO Corporate and union spenders must file with the Federal Election Commission within 24 hours of spending anything.
Will there be a sudden, large increase in funds? Doubtful. FEC receives reports on the monies spent. Twenty-six - 26 - states and D. C. already permit independent spending by corporations, unions, etc.
Nothing is done by the decision that is contrary to the First Amendment.
The NY Times has a good column today on the ruling. Jan Witold Baran, "Stampede Toward Democracy," NT Times, Jan. 26, 2010.