I always thought that there should be a limit on campaign spending. A much lower limit. Then we could see who can do the best job of budgeting and getting the most for their buck. And who might do the best job of getting the most for spending federal monies.
Except for the fact that all conseravatives would have to spend it on adds and liberals/dems would get all the free advertising on all the talk shows.
How would conservatives combat the millions of dollars in free advertising that liberals and one-time darlings of the MSM like McCain (who they would have destroyed the minute he got the nomination)get from favorable front page articles in the NYT, WaPost, Time, Newsweek, NPR, ABC, etc?
IMHO It would be better to allow any amount of personal giving, so long as the donor and his related government contracts,etc. were posted on the Internet immediately. Multimillionaires can already spend all they want of their own money, and they do not always win. Of course, here in Maryland, our new Gov got a loan of a half a million in the week before the election. How does that fit in with campaign finance laws?