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December 27, 2007


It's humorous, but it's also a worthwhile insight into the unintended consequences of campaign finance "reform." Reform begot PAC's; more reform begot independent expenditures; still more reform begot 527's.

Are we really better off than we were before the do-gooders tried to legislate the influence of money out of politics?

Wouldn't we be better off lifting most of the restrictions on contributions but requiring full and prompt disclosure of them, thereby trusting an informed public to decide which politicians are beholden to unsavory characters or interests and holding the candidates accountable in the voting booth, rather than having a hapless F.E.C. policing the system and imposing fines long after the election is over?


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