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April 19, 2005
Thanks, John! (Part II)
Campaign finance reform, which was supposed to take big money out of politics, led to the formation of 527 groups. Many of those groups were financed by big money guys like George Soros.
Now the genius behind campaign finance reform, Senator John "Rapidly Diminishing Stature" McCain, is wants to make it harder to give to 527s. So the money is moving, says NRO's Byron York, to so-called C4 groups. These groups do not have to identify donors.
So the law that was supposed to clean up politics has led to a situation where large organizations funded by secret donors can influence our political system.
Great job!
Posted by slublog at April 19, 2005 09:41 AM
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