On Monday, I’ll be one of two speakers at a little dinner put on by my Post colleague, Robert George. I’ll be arguing in the negative on the question of whether mandatory spending limits on campaigns would be permissible or desirable.
This issue is, of course, before the Supreme Court this term, as it takes up whether Vermont’s campaign-finance system, which includes mandatory spending limits, is permissible under the Constitution.
At the heart of the matter, as with all campaign-finance arguments, is the question of whether money is speech. That question was addressed eloquently and forcefully by Justice Scalia in his dissent from McConnell v. FEC, and so the text of that dissent is reproduced after the jump.
For background on how the modern campaign-finance-reform lobby (and, yes, it’s a lobby, not a movement) came to exert so much influence, and how it passed McCain-Feingold back in 2002, see my piece here.
Here, free-speech champion and anti-reform legend Brad Smith lays out some of the faulty assumptions behind campaign-finance reform and the perverse consequences that follow from “reform.” (One of those consequences is millionaire and billionaire candidates like Michael Bloomberg in New York City, whose success has led reformers in Gotham to start looking at limits on expenditures.)
There’s a ton more to be found on blogs like Skeptic’s Eye, written by Allison Hayward, who worked under Brad Smith at the FEC.
Also, no one should neglect Bob Bauer’s Web site. Bauer’s a liberal/progressive who’s realized, well ahead of his fellow travelers, that campaign-finance regulation is a dead end.
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