Why Can't There Be Campaign Finance Reform?

I can’t remember the last time I spoke with anyone who actually likes our current system of campaign financing. Truthfully, the only people who actually support allowing virtually unlimited money to flow into election campaigns are the special interest groups. They have large amounts of money to spend and want to spend it for the sole purpose of influencing legislation that is favorable to their cause -- in other words, people who want the right to legally bribe elected officials. Bribery truly is the correct word here. While the money goes to the campaign’s bank account and not the candidate’s personal bank account, that’s a difference without significance; the candidate needs both accounts flush with money to save his job.

So, if the majority of Americans want to end legalized bribery of elected officials, why doesn’t it happen? Why does virtually every law that is passed to correct this enormous problem get ruled unconstitutional? Believe it or not, the answer our Supreme Court gives us is that these financial contributions are protected by the First Amendment right of free speech. The notion is that if the public does not have the right to spend money to speak their peace, their right to do so is abridged.

But is the right to spend money to speak the same thing as the right to speak?

Campaign Finance Reform

I just read an article in USA Today that Obama leads Romney 47% to 45% -- in money spent on campaign advertising. Curiously that seems to be about the same lead as he has in the real polls, or is that not really a coincidence at all?

How do the hundreds of millions of dollars that are being spent on this year’s presidential election translate into the quality of the United States Government?

Here are a few things to think about:

•      How many people give large amounts of money without expecting something in return? And if they do expect favors, are they really not engaging in legalized bribery?

•      How much time does the president of the United States spend campaigning for the office? How much time does he spend campaigning for someone else who wants to be elected? Several years ago I watched a 60 Minutes interview with a retiring US senator who indicated he spent 60% of his time either raising money for his reelection campaign or actually campaigning for reelection. Is this how we want our elected officials to spend their time? We need dedicated legislators who care as much about the country as they do about keeping their jobs; we don't need professional fundraisers.