FTA: Schiff said the amendment would close “legal loopholes” that he said allows “wealthy megadonors, corporations, and special interest groups” to exploit the political system.
I remember McCain being a big sponsor of some bill back in the 80s or 90s that was supposedly going to rein in campaign financing. I remember thinking at the time that it was going to make financing a big mess (can't remember why I thought that, though). Anyway, IIRC it set the stage for all the PACs and financing craziness we have now. Ergo, I figure any campaign financing legislation is somebody's idea of another way to launder money into campaigns. On top of that, Schiff's a Dem, so whatever good thing he says this is supposed to do, it's probably exactly the opposite.
FTA: Schiff said the amendment would close “legal loopholes” that he said allows “wealthy megadonors, corporations, and special interest groups” to exploit the political system.
I remember McCain being a big sponsor of some bill back in the 80s or 90s that was supposedly going to rein in campaign financing. I remember thinking at the time that it was going to make financing a big mess (can't remember why I thought that, though). Anyway, IIRC it set the stage for all the PACs and financing craziness we have now. Ergo, I figure any campaign financing legislation is somebody's idea of another way to launder money into campaigns. On top of that, Schiff's a Dem, so whatever good thing he says this is supposed to do, it's probably exactly the opposite.
...the camel's nose under the tent....