Word: feingolds
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
JOHN MCCAIN His boxing-reform bill got Muhammad Ali's support. That's even better than Russ Feingold...
First, the article's title is fallacious. None of the outstanding legislation, McCain-Feingold, Shays-Meehan or otherwise, puts a "cap" on campaign finance. For independently wealthy candidates or prodigal fundraisers with name-recognition, the sky will remain the limit. If all legislation does is limit contributions and make it difficult for less wealthy and less well-known individuals to raise funds, are we setting ourselves up for a plutocracy or, even worse to some, perpetual incumbency...
Lastly, Kamath, like many politicians, falsely conveys that McCain-Feingold is a campaign finance panacea. What the law would do is eliminate the "soft money" loophole that many candidates use to raise money. But candidates could still spend as much as they want. It's just that if they're not rich or famous, they're going to be spending a lot more time finding the money to spend...
First, the article's title is fallacious. None of the outstanding legislation, McCain-Feingold, Shays-Meehan or otherwise, puts a "cap" on campaign finance. For independently wealthy candidates or prodigal fundraisers with name-recognition, the sky will remain the limit. If all legislation does is limit contributions and make it difficult for less wealthy and less well-known individuals to raise funds, are we setting ourselves up for a plutocracy or, even worse to some, perpetual incumbency...
Lastly, Kamath, like many politicians, falsely conveys that McCain-Feingold is a campaign finance panacea. What the law would do is eliminate the "soft money" loophole that many candidates use to raise money. But candidates could still spend as much as they want. It's just that if they're not rich or famous, they're going to be spending a lot more time finding the money to spend...