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Something is fishy which is why they released this info just before the holidays so that the general public forgets about it soon.
There is some amount of gossip floating around: http://www.dailymail.co.uk/news/article-2371719/Googles-Eric... Not that the Daily Mail is a credible source, but there is a little smoke.
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If you care about democracy, you want to make it easier for individual people to spend a lot of money on politics. As with so many regulations, it mostly benefits the people who have enough resources to work around them: With strict limits per person, you need a huge established machine that can reach out to many individuals to get your donations rolling. Without limits, you just need to convince one eccentric billio…
Yes, because we want people with sufficient money to be the only ones with a voice, and we want their voices to massively outweigh the voices of everyone else. That's definitely what someone who cares about democracy would want.