Campaign Finance laws are really incumbent protection laws
August 24th 2010 18:20
If you want elections to matter, then you need to be able to fire your elected representatives. This is nearly impossible because of the campaign finance laws. These laws are really incumbent protection laws. They make it almost impossible for challengers to raise competitive funding, while doing almost nothing to control the true causes of government corruption.
We were told that the campaign finance laws -- the contribution limits and the reporting requirements -- would curtail or even prevent corruption. Now, with 40 years of experience, we know that they do the exact opposite.
Powerful special interests have more control than ever. While it may be true that campaign contributions "buy" some small amount of access, or influence, it's very clear that other factors are far more important
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We were told that the campaign finance laws -- the contribution limits and the reporting requirements -- would curtail or even prevent corruption. Now, with 40 years of experience, we know that they do the exact opposite.
Powerful special interests have more control than ever. While it may be true that campaign contributions "buy" some small amount of access, or influence, it's very clear that other factors are far more important
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