So how are you liking the results of Campaign Finance Reform? Swift boat ads. MoveOn.org. OutFoxed. Wonderful stuff eh?
Yep, Campaign Finance Reform has really clenaed up politics...
This election is heinous in terms of under-the-table advertising.
It is preposterous to say that Micheal Moore's film doesn't amount to hundreds of millions of dollars in free anti-Bush smear for Kerry. The new Vote for Change concert tour is abominable.
...and that doesn't even touch on the millions and millions spent by PACs like MoveOn. Ex-Kerry staffers work for them, their ex-employees work for him, and we are supposed to pretend that they in no way promote anyone to vote for Kerry. At this stage in the election, what alternative do they offer? Nadar? Hardly, considering some of them are even working against him.
No, this is a huge, nasty hole that has to be patched. We have "equal time" and other laws in the US that regulate how polticians can "get the word out". It isn't enough to get up on stage and say "We can't tell you who to vote for, but we can tell you who to vote against." More hypocracy from the Democratic side, in the same old, tired, hippy guise of activism and free speech.
If Soros wants to go talk to people, if he wants to press palms for Kerry, he has that right. He has the right to "free speech", but he should not have the right to spend tens of millions of dollars to people who churn out unregulated propaganda to put Kerry in office.
ive recently found two sites that provide an incredible amount of information about soft money contributions, contributors, expenditures, linkages and political implications. an article at one--publicintegrity.org--provides analysis and evolution of the current laws. consider the following:
After the Republicans for Clean Air episode in 2000, Congress passed legislation requiring that 527 committees register with the IRS and report their finances on forms similar to those that federal candidates and committees file with the Federal Election Commission.
Because of their tax status, 527 committees offer some advantages to donors that aren't available to other political non-profits, including so-called social welfare organizations, known as 501(c)(4) organizations. Social welfare groups can conduct political activity, but it cannot be their primary goal, and contributions to such committees can be subject to other federal taxes, including the federal gift tax. But contributions to 527 committees are not subject to such taxes and the money can be used for nearly any political purpose save direct contributions to federal candidates.
There is one advantage that 501(c)(4) groups hold over 527 committees, from a donor's point of view: contributions are not disclosed anywhere. A 527 committee funded by the pharmaceutical industry, Citizens for Better Medicare, reorganized as a 501(c)(4) after Congress mandated disclosure. The committee's 527 filings before the switch show $8.9 million in spending, but only $55,000 in contributions, since most of the money was contributed before the disclosure bill became law.
for a list of the 2004 campaign major players, go here link and check out how many of those non-disclosed donor 501(c)(4) groups are listed.
there's one more thing worth considering. collecting, tracking and maintaining all this data is now a function of the irs. hopefully its going to eventually tie them up to the point where theyll have no time to mess with us