When Good Reforms Go Bad

There is way too much money in politics, and looking at just how ineffective it was is even further proof its status as an abomination. McCain-Feingold can be understood as a start, but it was not perfect by any means. Sure, it helped us begin to take back our party, but it also limited the influence of labor over the Democratic Party. Another of the main problems with McCain-Feingold was a compromise in the legislation that raised the individual campaign donation limit to $2,000, and recently to $2,100. Considering the demographics of Bush's donor base, this almost doubled his warchest overnight. In fact, it doubled the warchest of many other Republicans as well.

In short, as much as I support campaign finance reform, all campaign finance reform is not worth supporting. This is particularly true if the "reform" is little more than a naked attempt to defund the left. The latest McCain campaign finance proposal is a case in point:

Picking up new allies in his push to limit political spending, Senator John McCain proposed new restrictions on Wednesday for some independent political groups that poured more than $400 million into last year's elections. The proposal includes a measure to cap donations at $25,000.

The campaign finance law championed by Mr. McCain in 2002 stopped political parties from collecting the unlimited soft money contributions that grew to dominate presidential races in the 1990's. But it did not restrict groups known as 527 committees from collecting six- and seven-figure checks, allowing those like Swift Vets and P.O.W.'s for Truth and America Coming Together to become prime political players.

Mr. McCain and others sponsoring the legislation say they are determined to stop such spending before the 2006 Congressional elections get under way. While the bill contains numerous regulations, some quite complex, its overriding goal is to stop donations like the $24 million that the financier George Soros contributed last year to defeat President Bush.(...)

Though the bill's prospects are uncertain, it has drawn early backing in unusual places. Mr. Bush has expressed support for regulating 527 groups. Senator Trent Lott, a Mississippi Republican who opposed the 2002 law, is co-sponsoring this legislation and will hold hearings in the Rules Committee, which he leads.

The mention of George Soros, as well as the alliance with Trent Lott, are obvious red flags that indicate this bill is not a piece of good government legislation. Specifically targeting 527's while leaving other groups alone is, like Bush's tort "reform," an attempt to defund the progressive cause, not to clean up money in politics. Granted, I have not read the legislation, but it appears to not touch unlimited donations to C3 and C4 organizations that form one of the main pillars of the Republican Noise Machine. Because "think tanks" have either "non-profit" or "intellectual" tax classifications, not only are they allowed to receive billions of dollars every year in the form of unlimited donations from uber-rich Republicans, unlike 527's they are allowed to actively coordinate with both specific candidates and the Republican Party under the false guise of non-partisanship. Unless the billions that are funneled into the right-wing message machine are also challenged by this legislation, which the article seems to clearly indicate they are not, I see no reason to support it, and no reason to consider it anything except another in a long series of Right Wing Power Grabs. The hypocrisy of this legislation is clear: The bill would not affect groups that work exclusively on nonfederal elections, or those raising less than $25,000 a year. Nonprofit organizations operating under Section 501(c) of the tax code are also not covered.

Mr. McCain himself works with a nonprofit group called the Reform Institute, which promotes changes in campaign finance. The group has collected from scores of donors, including about a dozen who gave more than $50,000, some with ties to communications companies. The Senate Commerce Committee, which Mr. McCain once led, has jurisdiction over communications issues.

Any campaign finance legislation that targets progressive, liberal and labor strongholds while leaving the river of conservative money to flow freely must be defeated and called out to be the power grab that it is. McCain will use his "reformer" cloak and the extensive publicity given to 527's by the Right Wing Noise Machine as a means of making this simply look like good government legislation. However, his own personal hypocrisy in not proposing legislation that would also impact the organizations he works with needs to be Democratic talking point number one. Clean it up on both sides, or don't clean it up at all.

Tags: Money (all tags)

Comments

7 Comments

I think we should agree to it
We can have 501(c)(3) educational institutions like everyone else.  Our condition needs to be that we drop the maximum individual donation from $2,000 to $500.
by Abby 2005-02-06 08:43AM | 0 recs
I agree
I'm all for ACT and appreciate greatly what they did last year. But I remember a lot of people commenting on how the Bush team was more successful because they recruited volunteers to organize their own neighborhoods to register and turn out loyal voters. Obviously, the Bush people had more time to organize this grassroots effort, but that's why we need to start earlier this time, hopefully with a more volunteer-based strategy!

I remember when everybody was saying how McCain-Feingold was going to hurt Dem fundraising a lot more than than the Republicans'. But the Chicken Littles were proven wrong (individual contributions--opensecrets.com):

George W. Bush (R)
  $271,634,244

John Kerry (D)
  $224,852,303

Kerry nearly equaled Bush after starting from such a disadvantage after the primaries. The people-power is there--we just need to figure out how to use it better, and in a more comprehensive way, next time.

by eskimo 2005-02-06 12:19PM | 0 recs
the compromise works as is
does anyone else think that regulating 527s would create free speech issues? is it not the rich person's right to use his money to disseminate his ideas as he sees fit?

if you regulate direct contributions to politicians but leave the 527 rules the way they are, then you're restricting people's ability to curry influence with politicians but not to make political statements. I'll keep McCain-Feingold just the way it is, thank you very much.

by JoshInNYC 2005-02-06 10:01AM | 0 recs
Absolutely
The McCain/Feingold created free speech issues, and this is even worse.  (And this is coming from a supporter of Feingold.)  McCain/Feingold also hurt us, in that the Democrats have lots of people willing to cut million dollar checks (more than the Republicans), but not nearly as many willing to cut two thousand dollar ones.  If it kills the 527s, that's even worse.  Then again, Swift Boat Veterans for Lies was a 527...
by Geotpf 2005-02-06 07:30PM | 0 recs
leave it
or let them pass more legislation.

MONEY always finds a way.

by Sam Loomis 2005-02-06 11:23AM | 0 recs
I've lost all respect for McCain
This is just one of the many reasons I am an ex-RINO. Bull Moose used to be a senior McCain staffer and he recently hooked up with the DLC and NDOL.

I suspect McCain is more concerned about positioning hiimself for the Republican primary than political reform. He's just another political hack now.

by Gary Boatwright 2005-02-06 04:23PM | 0 recs
This needs more explication than I can do tonight
Chris

I have always thought we got suckered with McCain Feingold, particularly raising the limit.

And I agree with you that the thrust of his legislation would as shown by the last election would be do more harm to our side than theirs, though their 527's were catching up near the end.

HOWEVER, a big however, on 501(C)3's and (C)4's.
I am on the board of a progressive organization with a (C)3 and a (C)4 as well as a minimal PAC.  I have researched this already.

To enlarge this legislation which is egregious enough would be 100's of times worse if it included these traditional organizations.  

Indeed there was a brouhaha in the spring when the FEC's counsel initially released rules about what constitutes a polical committee and how much spending would subject them to the McCain Feingold regs governing what they could do and when they could do it and particularly during an election cycle. I will post tomorrow the link that will lead you to the entire discussion and you will see some of the danger.

Let me give you an example.  Those regs posited a very minimal amount of money that subjected organizations like NARAL and the Sierra club etc. to what would be censorhip.

You see the primary purpose of these organizations is to ADVOCATE for their issues. There may be no politicking involved, just education of the the public.  However all a right wing legislator would have to do to cripple one of these organizations is to put  together a bill about an issue affecting that group and as election season draws nears these groups would have to suspend their advocacy work and indeed the election season could have been the entire 2 yr. federal cycle.  That is how the Spring proposal would have worked, if passed.  Almost all the commissioners realized that these proposed rules would truly have interfered with free speech and advocacy.  Enlarging this legislation to these groups would harm us more than it harms them.

We don't need any more of this lousy kind of campaign finance reform.  We need free media and public financing and to overturn Buckley v. Valeo.

Ironically in terms of George Soros, the Buckley decision allows him as a wealthy man to set up his own organization.  He can be the moving force and just hire people to work for him.  Actually one of the Democratic Commisssioners said just that.  It does not have to stop Soros personally if he doesn't want to be stopped.

Please rethink your complaint about not including 501(C)3's and (C)4's.

by debcoop 2005-02-06 07:55PM | 0 recs

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