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Justices Block Key Part of Campaign Law — WASHINGTON (AP) — The Supreme Court has ruled that corporations may spend freely to support or oppose candidates for president and Congress, easing decades-old limits on their participation in federal campaigns. — By a 5-4 vote …
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Justices Overturn Key Campaign Limits — WASHINGTON — Sweeping aside a century-old understanding and overruling two important precedents, a bitterly divided Supreme Court on Thursday ruled that the government may not ban political spending by corporations in candidate elections.
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Political Fallout From the Supreme Court Ruling — Even before their Massachusetts victory this week, Republicans already enjoyed a multitude of advantages in this year's midterm elections. The Supreme Court has likely just delivered one more: money. — Today's ruling upends …

Schumer calls for hearings on ‘un-American’ court decision — The Supreme Court's ruling Thursday striking down limits on corporate and union spending in elections is “un-American,” Sen. Chuck Schumer (D-N.Y.) said Thursday. — Schumer, a top Senate Democrat who formerly ran their campaign committee …

Democrats plan to push bill to limit impact of campaign finance decision
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Watching as the Supreme Court turns a corporation into a real live boy.
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ACS Blog, Emptywheel, Newsweek Blogs, The Huffington Post, Feministe and Sunlight Foundation

Court Kills Limits On Corporate Politicking
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SCOTUSblog, Clive Crook, Cato @ Liberty, Law Blog, Big Journalism, YID With LID and Washington Wire


Pelosi: There Aren't Enough Votes To Pass The Senate Bill — House Speaker Nancy Pelosi just told reporters that she does not believe she has enough votes in the House to pass the Senate health care reform bill as-is — at least not yet. — “I don't see the votes for it at this time,” Pelosi said.
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Lib talk radio flops again: Air America goes bankrupt — Thanks to David Lunde for the photoshop — The surprise isn't that liberal talk radio network Air America announced it is going bankrupt today. — The surprise is that they lasted so long on fumes. — Here's an excerpt of the statement on its website pulling the plug:
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The Lonely Conservative, The Radio Equalizer, Big Journalism, Hot Air, Gateway Pundit, Silicon Alley Insider and Mediaite
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Air America to Cease Broadcasting Immediately — Air America, the progressive talk radio network, said Thursday that it would cease broadcasting immediately, bowing to what it called a “very difficult economic environment.” — “It is with the greatest regret, on behalf of our board …

Air America goes bankrupt, off air — Liberal radio network Air America has gone bankrupt and will cease live programming, the company told employees today. — “The very difficult economic environment has had a significant impact on Air America's business.
Discussion:
Ben Smith's Blog


Edwards admits fathering child with mistress — Former presidential candidate promises to support his 2-year-old daughter — John Edwards' attorneys say he's been providing financial support for 2-year-old Quinn for about a year, and just signed a child support agreement with Rielle Hunter.
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National Enquirer submitting John Edwards coverage for Pulitzers
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The Caucus, Michael Calderone's Blog, Politics Daily, THE ASTUTE BLOGGERS, The Politico and Taylor Marsh

Specter tells Bachmann to “act like a lady” — The deeply odd couple of Sen. Arlen Specter (D-Penn.) and Rep. Michele Bachmann (R-Minn.) appeared together on a Philly radio station yesterday — and things got ugly in short order. — Audio link. courtesy RCP.
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White House: Let's Let ‘Dust Settle’ On Health Care — The White House will move health care reform to the back burner, in order to “let the dust settle” after Democrats lost their Senate super-majority. — Asked today if health care was on the back burner, Press Secretary Robert Gibbs said …
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The World Bids Farewell to Obama — US President Barack Obama suffered a painful defeat in Massachusetts on Tuesday. With mid-term elections looming, it means that Obama will have to fundamentally re-think his political course. German commentators say it is the end of hope.
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Geithner has reservations on US bank limits-sources — President Barack Obama's newest Wall Street crackdown was met with hesitation from Treasury Secretary Timothy Geithner, who is concerned that politics could be sacrificing good economic policy, according to financial industry sources.
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Brown camp won't say whether controversial endorsement is legitimate — Scott Brown's campaign will not say whether their candidate has endorsed Bill Hudak, a Republican Congressional candidate in Massachusetts who posted flyers portraying Barack Obama as Osama bin Laden.
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Brown's first endorsement may backfire
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The Plum Line, Media Nation, The Washington Independent, Think Progress and No More Mister Nice Blog


Justice Stevens Stumbles: A Step To Retirement? — Justice John Paul Stevens has left some clues he's planning to retire this year, shortly after he turns 90 years old. He's only hired one law clerk for next term, for example, and not the four that sitting justices typically hire every year.

And the failure stories begin — If you want to see why letting health-care reform die is a bad idea, look no further than Michael Scherer's story tallying up “Five Ways Obama Went Wrong.” Scherer hammers Obama for taking on too much, overestimating his mandate, assuming voters would trust the government, and more.

Remarks on Internet Freedom — The Newseum — Washington, DC — SECRETARY CLINTON: Thank you very much, Alberto, for not only that kind introduction but your and your colleagues' leadership of this important institution. It's a pleasure to be here at the Newseum.

Fox News Poll: Voters Split On Congressional Elections — As views remain sharply divided about Congress, Americans say — by a 47-43 percent margin — they would vote for someone else rather than re-elect President Obama if the 2012 presidential elections were held today.