Wednesday, February 27, 2008

Campaign Finance Reform

Another interesting article about McCAIN. He likes to make the rules, but when it comes to following them, he doesn't like it so much.
http://www.spectator.org/dsp_article.asp?art_id=12803

Here's my solution to Campaign Finance Reform:
1. no candidate or campaign may borrow money
2. only individuals, no PACs or groups of any kind may contribute
3. all contributions must be disclosed within 48 hours
4. only individuals eligible to vote in the election may contribute
5. no individual may contribute more than $10,000 per election cycle to one candidate
6. a candidate may not contribute more to his/her campaign than $10,000
7. eliminate the federal matching funds program

This would eliminate the power of special interest groups, foreign funding, and the personal money-tied influence of people like George Soros, and force candidates to raise money from their supporters. It would also keep rich candidates from attempting to buy the election.

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