Word: limitates
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...been trying to limit the influence of big donors in political campaigns since 1907, when corporations were first prohibited from giving money to candidates. Post-Watergate reforms attempted to place hard dollar limits and disclosure requirements on how much corporations or political-action committees could contribute to individual campaigns. But a loophole in the reform laws allowed unregulated, unlimited "soft money" donations to flow into political parties, where it was then effectively used to support individual candidates...
...proposed Patients' Bill of Rights. If soft money is banned but issue ads are left unregulated, many experts believe, donors will simply route their money to outside groups, which will run such ads largely as surrogates for the parties. Another compromise proposal would ban soft money but increase the limit on direct "hard-money" contributions from $1,000 to $3,000--a deal that would probably draw the opposition of some Democrats...
...Companies, trade groups and unions would fund more grassroots organizing, phone banks, voter-registration drives and ads, among other things, he asserts. Assuming that ever creative political pros will always find--or make--a hole in the dike through which more money can pour, some argue that trying to limit contributions isn't the best approach. Yale law professor Ian Ayres and Stanford economist Jeremy Bulow proposed last year in an article in the Stanford Law Review that donors should be allowed to give as much money as they want, with one new rule: the money would come in through...
...case that some say could limit the freedom of electronic communication, an MIT student was indicted Thursday for fraud for allegedly giving computer users around the world illegal access to more than $1 million worth of copyrighted software...
...February. "We did not make cash payments. We did not give outrageous gifts." And in a June report to the House Commerce Committee investigating violations of federal bribery laws in Olympic bids, Payne and former Atlanta Mayor Andrew Young attested to only 38 items exceeding the $200-per-gift limit. However, after reviewing more than 30 boxes of documents from the Georgia Amateur Athletics Foundation, investigators say there were many gifts worth more than $1,000, including offers of scholarships to IOC family members. In fact, the discrepancies were so great that earlier this month the law firm that represented...