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Sunday, November 14, 2004

527s: McCain's Frankenstein Monster

It is a maxim of mine that no matter how screwed up something is, once the fed passes a law on it to "help" us, it becomes intolerably worse. McCain Feingold seems to be a case in point. After we "reformed" the system, we have (surprise!) a LESS accountable system for funding the political process. Not only is McCain Feingold a direct repudiation of the first amendment, it opens up a carriage and four for huge amounts of completely unaccountable and anonymous moneys to flow into the process. Moreover, the last election showed us that it is next to impossible to enforce a key element restricting the influence of 527s in the election, which is forbidding them from having campaign staff on their boards. This is just stupid. The parties can and did simply set up the revolving door they were using, before they just decided to ignore this part of the law altogether. Now Congress has decided that they need to "fine tune" this awful monstrosity of a law to fix the debacle represented by MoveOn.org vs. SwiftVets


What is the big problem with allowing ANYONE to contribute ANY amount of money, but demand that there be complete openness and reveal all records of all contributors so the public can see where the money is coming from?

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