The editorial board of the San Diego Union-Tribune today give eloquent voice to an opinion long held by SWNID.
On the negative, they note that the McCain-Feingold Campaign Finance Reform Act has done nothing to limit the influence of big money on politics. If there's one thing to be learned from the fact that about $150 million has been raised so far by candidates for the 2008 presidential election, that's it. The fact that the Union-Tribune originally supported McCain-Feingold makes this admission all the more powerful.
On the positive, they conclude what we've concluded for a long time: the only way to address the issue of money in politics is to make it transparent. Let individuals, families, unions and corporations (which are, after all, merely people differently aggregated) give what they please, but require the candidates to publish the information quickly, accurately and thoroughly, and put lots of auditors in place to check compliance. Then let the voters decide if they want to vote for Hillary if her funding comes mostly from Stan Chesley, Glaxo-Smith-Kline, the Gambini Family, and Lesbian Yogis for US Disarmament and a Hydrogen-Based Economy.*
Now that's democracy!
*Notice we said if.