Aside from being wholely unconstitutional, the wonderful and glorious Campaign Finance Reform Act was also supposed to curtail the amount of money that went into politics and also all that mean, nasty "negative campaigning".
Not sure if there has ever been a piece of legislation that has done less than what it had intended and in the case of "negative campaigning", been more counterproductive. The CFRA spawned 527s like MoveOn.org that could not endorse any particular candidate but were not restricted from attacking any other candidate as they saw fit.
Won't spend too much time on this but we will never.... never.... ever... truly "get money out of politics" until we also get "power out of politics". After all, what is all that money going into politics but to purchase the power that politics wield. Its really that simple. Cut back on the powers we grant government and you will effectively cut back the amount of money that is poured into politics. But its obvious that no one is really too interested in that these days.
Click here to read USA Today article about the moolah rolling into the campaign coffers.
OK. Gotta jet. Have already missed first two races at Saratoga.
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