Chavez Loses Shot at Eternal Presidency

Venezuelan president Hugo Chavez has just publicly conceded today's constitutional referendum, which among other things would have ended term limits for president and allowed him to run for re-election in 2012.

Details over at The Texas Blue, including a little blurb on how Bush must be horribly relieved that he doesn't have to worry about the failure of the CIA's coup attempt anymore.

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Clean Money, Clean Elections

Crossposted at The Texas Blue

I love the idea of public campaign financing.  I love the idea of making the candidate process accessible to anyone regardless of income, and I think it would be great if our elected officials could be less beholden to big-money interests.  But let's be honest — the only way public financing would work is if it were mandatory, so everyone would have to play by the same rules.  Otherwise, those with ties to those big-money interests could simply bypass public financing and raise much more than a public system would ever be able to provide.  And mandatory public financing is a tough sell to people who were elected by and whose incumbent advantage largely relies on the system as it stands now.  It will be a very long time before we see that happen, if at all.  And voluntary public financing is simply not viable.

Or is it?

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