Monday, February 25, 2008
Campaign finance absurdities
There's been an interesting flap over whether Obama and McCain will accept only public financing for their general-election campaigns, as they seemed to promise to do last May. They've both been advocates of public (i.s., taxpayer) financing, but Obama especially has found he can raise a whole lot more money through voluntary contributions, and could be at a disadvantage -- or perhaps McCain would have a better shot, since Democrats have raised more money this year --with equal financing. McCain apparently used the implicit promise of taxpayer money into get a bank loan last fall. The absurdities here suggest we should get rid of taxpayer financing of elections. Why it ism considered "cleaner" or more "moral" for politicians to fund their nefarious activities through forced exactions from innocent taxpayers has always been beyond me.