Remember the McCain–Feingold Act? Read this post from Belmont Club and ponder the strange way that justice works in this world.
Trying to keep money from talking in an election is like trying to ban guns. It only works on honest people. The goal of champaign finance laws should never have been about limiting the amount of money people could give. Instead, it should have been about creating transparency.
Instead of mandating artificial limits, McCain should have tried to fund independent real time audits. We don’t mandate a limit on how much money can be spent training an athlete to be the best. We just require that they pass a drug test.
But that is not what we got. Instead, McCain created a system that limited what honest people could do with their own money and at the same time provided little in the way of real transparency. President Bush signed that legislation into law in spite of professing to believe that parts of the law were unconstitutional.
It is tragic that the person who tried the hardest to play by the rules should suffer the most. But it also seems just that the man who helped create those rules should also suffer from them.