Campaign finance laws are good

by thoughtfulconservative

As long as you’re not required to participate in them.

Sen. John McCain, a passionate advocate of limits on campaign finances, is turning down government matching funds for the primary to free him to spend more money as he prepares for a general election contest.

McCain, who appears headed to win the Republican presidential nomination, sent letters to the Federal Election Commission and the Treasury Department notifying them of his decision to withdraw from the presidential election financing system.

McCain had asked to participate in the public system last summer when his campaign, his fundraising and his poll numbers hit a low point that threatened to unravel his candidacy.

Of course, there’s an advantage to this,

By not taking the money, McCain is free to raise more and to promote his presidential candidacy until the Republican nominating convention in September.

Campaign officials said McCain could still participate in the public financing system in the general election, when the nominees for the two parties would be eligible for about $85 million to spend between their nominating conventions and Election Day on Nov. 4.

McCain might have been out of the race, if not for the matching funds.

Loopholes will be found in any campaign finance law and will kill it. This one, in particular is obsolete.

There are better ways.

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