Pretty much.
The court can just arbitrarily decide that laws like this aren’t valid unless they existed in 1790. Apparently that’s how democracy works: A council of elders elected by no one and accountable to no one decide what we are allowed to do.
We let people get so fucking rich that everything they do is newsworthy because it actually impacts a ton of people.
The real problem is that we don’t actually need rich people in the first place.