The Associated Press reports that U.S. District Judge James Spencer denied the Real Truth About Obama Inc.'s preliminary injunction request. According to BNA Money and Politics ($$), Judge Spencer told attorneys that "he would rule quickly" in the case challenging Federal Election Commission restrictions on 527 groups. It was difficult to know how the judge might rule because he asked no questions and made virtually no comments during a nearly hour-long hearing on a bid for an injunction to block the FEC rules. If Spencer strikes down FEC rules on advocacy groups--including contribution limits--the move could open the floodgates for an infusion of high-dollar donations from corporations, unions, and wealthy individuals. That could elevate the importance of such organizations in the final two months of the presidential election. For more about this case read the Aug. 19, 2008 OMB Watcher Anti-Obama Group Seeks Exemption from Campaign Finance Rules.