THE FAILURE OF CAMPAIGN FINANCE REFORM
Captain’s Quarters has a thought-provoking post today discussing the failure of campaign finance reform to reduce the role of money in politics (“Campaign Finance Reform Lays A Very Expensive Egg“).
“You can’t write legislation for every loophole that opens up,” said Sen. John McCain in a New York Times post-mortem that inspired Captain’s Quarters’ post. “It’s like putting your thumb in the dike.”
Exactly. Which is why McCain-Feingold was doomed from the start.
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