Despite having criticized the Supreme Court’s Citizens United ruling and the rise of Super PACs, President Obama’s re-election campaign has decided to fully endorse the use of their own allied Super PAC. Passing legislation about campaign finance reform was simply not a priority for the Obama administration.

After Citizens United, which was decided two days after Democrats lost their 60-seat majority in the Senate, there was a push to respond to the Supreme Court ruling with some legislation adding transparency and disclosure to the process. If the Massachusetts race went another way it would have passed; Democrats consistently got 59 votes in the Senate for the DISCLOSE Act. But Republicans wouldn’t budget because they reasoned that the new campaign finance system – actually not a system at all but a recipe for massive spending by corporations and the wealthy – would advantage them. In 2010 they were right.

The early reports were that Sheldon Adelson plowed another $5 million into the SuperPAC supporting Newt Gingrich. It turns out that the money specifically came from Sheldon’s wife Miriam, even though donations can remain anonymous.

I still think in the long run, Romney will be “settled” for, not because he is loved but because he’ll do…but that doesn’t mean I wouldn’t love to see this…

Today is the second anniversary of the Supreme Court’s Citizens United decision. If you think it’s going well, ask your local Presidential candidate how he likes those SuperPAC ads.

Several actions are taking place today.

An organization known as Move to Amend, inspired by Occupy Wall Street and Dr. Cornel West, has called for actions at federal courthouses all over the United States to mark the second anniversary of the Citizens United decision by the Supreme Court, which essentially struck down limits to money in elections.

Stephen Colbert’s continued pointed parody against the travesty of Citizen’s United sustains its brilliance in South Carolina.

Last night, Colbert closed his announcement with the words “Thank you, God bless you, and God bless Citizens United.” Nobody has done more to show how ludicrous our campaign finance system has become. If it leads to a reassessment of the system, his SuperPAC money will have been money well spent.

The assumption for the MA Senate race is that the Big Money Boyz will lard up Scott Brown with oodles of cash, allowing him to run a scorched earth campaign that decimates Elizabeth Warren. But Warren has consistently raised a lot more money than Brown, most of it from small donors, since she entered the race.

So this is interesting. The Montana Supreme Court basically threw down a challenge to the US Supreme Court to revisit the Citizens United decision, by upholding a state law that mandates corporate contribution limits.