Word: feingolds
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John McCain is used to losing, and he's good at it. But now the self-styled Quixote is fighting a battle he desperately wants to win - tilting at the windmills of big-money power in Washington with the McCain-Feingold soft-money...
...this corner, the challengers - John McCain and Russ Feingold...
...president doesn't want McCain-Feingold, but also doesn't want to remembered as just another reform-killing establishment Republican. Bush last week sent over a third proposal, which would ban soft money donations by corporations and unions (as opposed to individuals, who could still write the big checks) and prohibit unions or corporations from using member or shareholder funds for political activities without permission. This is what's known as "paycheck protection," and Bush likes it mostly because unions hate...
...Feingold certainly isn't surprised - "Look, when you're going to take $500 million out of the system in one cycle, it is going to cause some anxiety," he said Sunday on CBS' "Face the Nation" - and McCain insists they're willing to compromise with the White House. "It's not in our interest to set up a situation where the President would veto, and I look forward to working with him on this issue," McCain told Russert on Sunday. But McCain is also on the lookout for his bill getting "emasculated" by friendly-looking amendments...
...When it comes to efforts at self-reform, of course, emasculation is what Washington does best. "It's going to be a free-for-all," anti-McCain-Feingold Republican Don Nickles said on "Fox News Sunday" of the pending debate. "We don't often legislate like that, but we're going to be on the floor for two weeks. My guess is you'll see a hybrid come...