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The LA Times reports on the latest front in campaign fundraising:

A “super PAC” that has spent more than $35 million on behalf of Republican presidential hopeful Mitt Romney has accepted donations from federal contractors despite a 36-year-old ban against such companies making federal political expenditures.

….Several contributors — including a Florida aerospace company that has contracts with the Defense Department, and a Boston-based construction company that is helping build a Navy base — are taking advantage of a legal gray area created by the Supreme Court’s 2010 ruling in the Citizens United case, which said that independent political expenditures could not be regulated based on who was making them.

In Citizens United, the Supreme Court ruled that corporate donations to campaign Super PACs were legal because there was no reason to think they led to “corruption or the appearance of corruption.” This was a remarkably specious argument in the first place, but now we’re apparently going to test it to destruction. Romney’s Super PAC is essentially arguing that even contributions from federal contractors don’t have the slightest taint of corruption to them. Both federal law and common sense have disagreed for more than 70 years, but we live in a brave new world, and common sense is no longer as common as you might think.

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FOLLOW THE MONEY

Corporations and billionaires don’t fund journalism like ours that exists to shake things up. Instead, support from readers allows Mother Jones to call it like it is without fear, favor, or false equivalence.

And right now, a longtime friend of Mother Jones has pledged an incredibly generous gift to inspire—and double—giving from online readers. That's huge! Because you can see that our fall fundraising drive is well behind the $325,000 we need to raise. So if you agree that in-depth, fiercely independent journalism matters right now, please support our work and help us raise the money it takes to keep Mother Jones charging hard. Your gift, and all online donations up $94,000 total, will be matched and go twice as far—but only until the November 9 deadline.

$400,000 to go: Please help us pick up the pace!

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