Here’s my latest on campaign finance:
Anyone wondering whether campaign-finance reform did what it was supposed to in the 2004 election need look no further than the last week’s headlines — at two stories in particular.
The short answer is: It didn’t. The longer answer is that the Democrats, in particular, ought to be worried about how spectacularly it failed.
Now, don’t get me wrong. I don’t expect the Democrats in Congress to start calling for the repeal of McCain-Feingold — though, in their own self-interest, they should — but some of them are waking up.
it’s always rather gobsmacking when policy failures lead to garglings & rantings about more of the same; e.g. mccain’s recent lamentations that campaign finance reform needs “fixing” in light of the rise of 527s.
how do you “fix” the part that broke the system to begin with?