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Old 02-08-2009, 02:23 PM   #1
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Default Republicans Want to End Ban on Soft Money

The Republicans want to rescind part of the McCain-Feingold law.This law bit its author, McCain, in the butt.

http://news.yahoo.com/s/ap/20090208/ap_on_re_us/campaign_finance_lawsuit

Quote:
WASHINGTON "“ Republicans are making another run at overturning a ban on unlimited "soft money" contributions. Their Democratic rivals say it is an attempt to bring big money back to politics because the GOP can't keep up with President Barack Obama's fundraising machine.

The Republican National Committee is suing to overturn part of a ban on unlimited contributions passed by Congress in 2002 and upheld by the Supreme Court a year later.

The suit is against the Federal Elections Commission, which enforces the law, but the Democratic National Committee and House Democrats campaign chief Rep. Chris Van Hollen have asked the court to let them defend the law as well. The GOP is fighting to keep the Democrats out of the courtroom dispute.

The party positions are ironic, given how the law got its start. The law, known as McCain-Feingold after the senators who sponsored it, restricts donations by individuals to $28,500 per year to the political parties and prohibits the parties from accepting any corporate or labor union contributions.
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Old 02-08-2009, 02:26 PM   #2
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Default RE: Republicans Want to End Ban on Soft Money

Sounds good to me.
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Old 02-08-2009, 02:35 PM   #3
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Default RE: Republicans Want to End Ban on Soft Money

I think it is poetic justice this this law came back to hauntJohn McCain. The nutcase sponsored a bill that Republicans in the Senate did not want.In the end it trashed McCains hope of becoming president.

http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=107&session=1& amp;vote=00064
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Old 02-08-2009, 02:40 PM   #4
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Default RE: Republicans Want to End Ban on Soft Money

Is there an echo in here?

I don't find democratic presidents very funny.
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