Here's the real threat Norm. If this provision is being reported correctly the New Majority can pick a candidate and legally pump millions into his campaign through the CRP.
This is one of the things that depresses me most about this entire campaign finance scheme. Not only do I not like the regulations in general, but under this system you tie the hands of SOME candidates, but then allow a situation where you have party committees that might not be controlled by people who embrace the Party's philosophy being able to pump unlimited amounts of money in a race.
In California the conservatives lost control of the State Party over the past 3-4 years.
The people who run the Party now would very much prefer a more liberal candidate like Brian Bilbray win than a conservative like Howard Kaloogian or Bill Morrow.