DELAY: While we're doing that little, the Democrats understood, number one, that McCain neutered the party through his McCain-Feingold, and they had to create this whole new party, and that's what they did. It took 'em five to six years to do it, but they did it and they did it well.
RUSH: So basically they took advantage of a loophole in the McCain-Feingold bill to create the 527s and the Republicans don't have a lot in that area.
Note to McCain, You reap what you sew.
I thought that the deal on McCain-Feingold was that it banned soft money and doubled the hard money contribution limits? Previously to the passage of McCain-Feingold from what I can gather (I'm not a political funding expert so bear with me) the Republicans and Democrats collected about the same amount of soft money, and the Republicans collected about twice as much hard money as the Democrats. Shouldn't McCain-Feingold have damaged the Democrats more than the Republicans? Does anyone have data on campaign receipts and spending broken down by party? I was under the impression that Republicans always collected more money than Democrats.
http://www.cato.org/dailys/03-26-01.html
http://www.cato.org/dailys/8-14-98.html
http://www.fairvote.org/reports/monopoly/richie2.html