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Monday, April 09, 2007

HE WANTED LESS MONEY IN POLITICS

An editorial in the New York Post argues that Americans spend more money on Twinkies than the Presidential campaigns -- is this what McCain-Feingold campaign-finance "reforms" were supposed to have fixed?


Five years after the McCain-Feingold campaign-finance "reforms" were supposed to have taken the money out of politics - and one-quarter into the 2008 presidential fundraising cycle - the campaign cash is piling up in record amounts.

Hillary Rodham Clinton has reported raising $26 million, new kid on the block Barack Obama was at her back with $25 million and John Edwards grabbed a respectable $14 million.

Meanwhile, former Massachusetts Gov. Mitt Romney leads Republicans with a reported $20 million, Rudy Giuliani brought in $15 million and Sen. John McCain reaped $13 million.

So much for McCain-Feingold.

The article claims that the most ironic aspect of all this "reform" is that McCain himself was found so lacking in the money race.

At one time the front-runner for the GOP presidential nod, McCain had a disappointing third-place showing in the "money primary." Well, he wanted less money in politics. He got it.