The L.A. Times takes the seemingly contrarian view that yesterday's federal court decision was more a victory than a defeat for supporters of campaign finance reform, focusing on the fact that the ban on soft money contributions to candidates in federal elections was upheld. Since the special three-judge panel also struck down other aspects of McCain-Feingold, including the ban on soft money contributions for "party building" and other activities not related to elections, the interesting question becomes whether the parties can resume collecting such funds pending Supreme Court review of the decision. Since the Supreme Court is more likely than not going to overturn the entire law, it would seem to be a no-brainer.
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