Editorial: Evading reform (527s have holes big enough for Soros' ego to drive thru)

Sac Bee ^ | 4/1/04 | Op/Ed

[NormsRevenge]

Compared to the $170 million in campaign contributions that President Bush has amassed, the campaign war chest of Sen. John Kerry, the presumptive Democratic nominee for president, is practically empty. Nonetheless, because of loopholes in the federal campaign reform law, Kerry supporters have been able to match the Bush campaign TV ad wars, 30-second spot for 30-second spot, in recent weeks. In 17 battleground states, where Bush is already running ads, media watchers say pro-Kerry/anti-Bush spots have sprouted in numbers that equal if not exceed the Bush ads.

[proxy_user]

As an individual, Soros has no need for the 527 loophole.

He can lawfully pay for ads out of his own pocket, saying anything he wants, and does not need to register with any agency or fill out any reports.

So can you, but you don't have a billion.

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[expatpat]

How come Feingold isn't making speeches deploring this corrupt practice?

[Tamzee]

"Sen. Russ Feingold, D-Wisc., McCain’s partner in designing the campaign finance law, also testified before committee, criticizing the 527 groups and saying the FEC must not allow the law to be circumvented."

http://www.msnbc.msn.com/id/4487131/