"A separate Supreme Court decision from 2003, Federal Election Commission v. Beaumont, still stands and leaves no doubt that the ban on corporate donations to candidates remains the law. Judge Cacheris would seem to twice overrule Supreme Court decisions — a hierarchical impossibility as any law student should know. (A federal judge in Minnesota previously ruled that the ban on corporate donations to candidates still stands.)
Of course, in politics there is the law of the land and there is the tireless frenzy for money. Whether Judge Cacheris — who issued his opinion, as he said, “for better or worse” — meant to blur the two remains to be seen. His decision deserves to be struck down on appeal for “equating apples and oranges,” as Mark Lytle, the prosecutor in the case, said of the judge’s overreach."
A Further Overreach on Political Money
NYTimes.com: