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How will the Supreme Court's Decision on Campaign Finance Affect L.A.?

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There was an uncomfortable moment for U.S. Supreme Court judges during President Barack Obama's State of the Union a few weeks ago. "Last week, the Supreme Court reversed a century of law to open the floodgates for special interests — including foreign corporations — to spend without limit in our elections," Obama said. "Well I don’t think American elections should be bankrolled by America’s most powerful interests, or worse, by foreign entities. They should be decided by the American people, and that’s why I’m urging Democrats and Republicans to pass a bill that helps to right this wrong."Applause and cheers then erupted, but the justices didn't look too happy. Justice Samuel Alito even mouthed the words "not true."

With the decision made, governments across the country are readjusting their campaign finance laws. In Los Angeles, the Ethics Commission announced changes on Wednesday. The LA Weekly warns this means "developers, billboard companies, and public employee unions will all get to have a more direct role in Los Angeles elections." The LA Times, however, says the effects will be "negligible."