DA> In addition, Congress has further limited competition with campaign
DA> "reform" laws that make it virtually impossible for a challenger, who
DA> has no connections to the Capitol Hill network, to
DA> raise enough money to
DA> go after an incumbent.
DA> In the old days, you could go to a couple of sympathetic fat cats and
DA> get $100,000 for seed money. With the maximum individual contribution
DA> set at $1,000, that can't happen. Now, what you do is contact a
DA> professional lobbiest who throws a Capitol Hill reception at $1,000 a
DA> head and calls all his clients and associates. You still get your
DA> $100,000, but now you owe the lobbiest big time.
DA> Obviously, anyone who
DA> threatens to upset the status quo isn't going to
DA> get this kind of help
DA> so something approaching 90% of this money is raised for incumbents.
DA> Just remember when a Congressman starts talking
DA> about campaign finance
DA> reform, it's not very likely that he's going to support a bill that
DA> jeapordizes his re-election.
I was beginning to think that I was the only one who saw this. I have had
very little luck in pointing this out to people who are ranting for "more
campaign reform."
It should be called "campaign deform" since it mainly serves to lock out
alternatives. Unless you're a gadzillionaire like Perot or are backed by an
established party you are functionally locked out.
The next step will be to forbid individuals the right to finance their own
runs. Then they'll tighten the rules on what constitutes a legitimate
political party, further narrowing the competition from "special interests."
--- Maximus 2.01wb
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* Origin: FVRCVS MAXIMVS (1:273/952)
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