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I haven't read the opinion yet but I have always believed McCain-Feingold to be unconstitutional. Most fundamentally, corporations are associations of people. The freedom of association is a part of the First Amendment's right to assemble. Denying the right of speech to a group of people associated to engage in free speech is thus doubly repugnant.
The ability to marshal money and expend it for printing costs, air time, and other modes of speech is inextricably bound to the right of speech itself. I can go downtown and advocate for or against a particular candidate on the courthouse lawn. Only a minuscule portion of the population will ever be able to hear me. The decision by the Supreme Court gives at least some opportunity for associations of individuals to be heard.
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