“Senator Thompson responded that he “didn’t think it is a good idea” for corporations and labor union to give “large sums of money to individual politicians.”
I believe Fred was attempting to do away with the legal bribary of soft money and the bogus “issue ads” but, as usual, they went too far.
BTW, the author is not exactly non-biased as a Rommney aide.
Except corporations and unions already were not allowed to give large sums of money to politicians. For many decades. Not sure what the real goal of CFR was, but it wasn’t that.
The correct solution, of course, is to have full disclosure of all money sources, down to an identifiable person or legitimate business entity.
Then, if the pol bestows special favors, his opponent in the next election can use it to get him booted.
George Will pointed out in his column two weeks back that these things have been illegal since the 1940s. What CFR did was go after independent political groups for the 'crime' of speaking out on issues that might impact elections.
Freedom Works. Socialism, regulation, and taxation don't. This was an anti-freedom bill.