Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: headstamp 2; Clairity; Cincinatus' Wife; patriot08; smoothsailing; stevie_d_64
From the linked National Review article,

In a larger sense, this is also a story about the unintended consequences of campaign-finance reform. In 2002, Congress passed McCain-Feingold. That same year, Colorado citizens enacted Amendment 27, a constitutional amendment that capped state-legislative contributions at $400 per donor. By lowering the amounts candidates could raise and spend, these laws effectively took message control out of the hands of candidates and handed it to outsiders. (Emphasis added.)

Noting that there is "no such thing as a 'mom and pop' 527" because of all the arcane tax-law guidance required, the article's bottom line is that McCain-Feingold in 2002 handed the financing of American politics to large donors and 527 bundlers. And things like Abound and Solyndra become the quid that large donors, unrestrained and without effective competition now for the attention of politicians, demand for their quo.

Campaign finance "reform" has cartelized American politics and placed it firmly in the hands of billionaires and political fixers.

20 posted on 09/25/2011 11:57:11 AM PDT by lentulusgracchus (Concealed carry is a pro-life position.)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: lentulusgracchus

“President Obama received $11,700 directly from Stryker and Joseph Zimlich...”

Thats about all ya need to know about that...


23 posted on 09/25/2011 2:19:46 PM PDT by stevie_d_64 (I'm jus' sayin')
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson