He was referring to the recent U.S. Supreme Court decision that allows "unlimited contributions to third-party groups that don't have to disclose their donors."
"The dynamic is fed, Carter said, by an income tax code that exacerbates the gap between the wealthiest Americans and the rest of the electorate, allowing the rich even greater influence over public discourse and electioneering.
"He added that he hopes the 'Supreme Court will reverse that stupid ruling.'"
Had Obama quoted Carter and Gordon Gekko during the debate, the media might have given him credit for two "zingers," memorable moments that would be remembered long after the election is over.
There is a "bad moon rising" when the President who burst onto the political scene through his inspiring oratory, missed too many opportunities to "zing" a former Bain corporate executive who still keeps a portion of his fortune in off-shore investments.
*The picture of President Carter, above, is from Huffington Post.