THE CAMPAIGN-FINANCE SCANDALS of Bill Clinton's 1996 reelection left a bitter aftertaste. Having secured his reelection, Clinton resorted to the favorite stratagem of presidents in need of political cover--the appointment of a bipartisan commission. The bipartisan commission was to study the reform of campaign finance law. To conservatives, the appointment of a bipartisan commission was a non sequitur. The 1996 scandals were scandals because they involved violations of existing law. Nevertheless, talking about the need for campaign-finance reform helped President Clinton to change the subject. On March 17, 1997, Clinton announced the appointment of former Vice President Walter Mondale to...