Monthly Archives: August 2004

Campaign Finance Reform and 527s

You may not realize what a scourge campaign finance reform is. I’ve taken a crash course in the last week, and I can only come to one conclusion: there are loopholes in McCain-Feingold big enough to drive the QE II through. It doesn’t do what it was intended to do. In fact, it ultimately appears to serve only to keep (a) incumbents in office and (b) the “little guy” out of politics. The only way to close these loopholes is yet more regulation, and that should be a box that only Pandora would want to open.
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