Hah! Fooled you, but it certainly did not fool me. The McCain-Feingold legislation was a “bipartisan” campaign reform act intended to address the increased role of soft money in campaigns and those pesky issue advocacy ads, yet it was sold to Americans by referencing all the cash involved in political campaigns.
Of course the Citizens United v Federal Election Commission SCOTUS case ruled some of McCain-Feingold, aka Shays-Meehan, aka Bipartisan Campaign Reform Act legislation unconstitutional.
I’m pretty convinced most Americans did not understand the legislation as it was presented. I’m quite certain I did not understand most of it either but when I heard the legislation would solve “many” of the issues in political campaigns Americans found distasteful, I knew it was destined for failure.
From the Washington Times this morning, we find there is more money then evah in political campaigns. Did you think there would be less cash involved in campaigns? Tell the truth now. My emphasis in bold.
Turns out politics, for all its focus on the gloomy economy, is a recession-proof industry.
This year’s volatile election is bursting with money, setting fundraising and spending records in a high-stakes struggle for control of Congress amid looser but still fuzzy campaign-finance rules.
Based on the latest financial reports, House and Senate candidates in this election cycle raised nearly $1.2 billion, well ahead of the pace for contests in 2008, 2006 and 2004.
Cut off the flow to the tap, and “many” of the political campaign issues Americans find distasteful really will go away. But why would the congress-critters want to do that?
I think I wrote a post a long time ago about the never-ending campaign. It’s probably not that the candidates want to be on the never-ending campaign trail, I really think there is so much cash involved a well-paying industry has developed so the staff who work the political campaigns will always have a job.
It’s the nature of the beast we have created. More and more dependency on government – and more specifically the federal government – has created this monster.
Just think … campaigning for the 2012 presidential election starts on Nov. 3 – just 55 days away!