After F.E.C. v. Wisconsin, the Deluge.

Sigh…According to the NYT, a new ad for John McCain by a soft-money front, Foundation for a Secure and Prosperous America, — which McCain has disavowedexemplifies the rush of unregulated, undisclosed money expected in the 2008 race, thanks in part to the Supreme Court’s gutting of McCain-Feingold over the summer. “The decision removed virtually any restrictions on [corporations’] ability to advertise, and made nonprofit corporations, with their few disclosure requirements, the tool of choice for big donors looking to influence elections…They can now run explicitly political advertisements that mention specific candidates right up to Election Day, as long as they have some other ostensible purpose — even one that closely resembles a candidate’s campaign themes.