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The Failure of Campaign Finance Reform

Can we all agree that campaign finance reform was a failure? Bush and Kerry spent over $675 million in this election cycle, compared to total spending of only $343 million in 2000. That's right, spending doubled! And this doesn't include the spending from the many officially-unaffiliated but clearly partisan 527 groups. (I believe the phrase is "web of connections.")

No matter the restrictions, candidates have no trouble raising and spending money for their campaigns. People continue to do it outside the campaigns, too. Yet these restrictions are a clear infringement on the rights of politically-active individuals and associations of individuals.

Campaign finance reform didn't work. It's time to repeal McCain-Feingold and give everyone their freedom back.

Tiny Island