Monday, January 3, 2011

Saying goodbye to a campaign finance reformer

Senator Russ Feingold lost his bid for reelection and the senate now loses one of the primary proponents of campaign finance reforms. The nation's second comprehensive campaign finance scheme bears his name. (Much of that scheme has since been dismantled by the Supreme Court).

Feingold may have been a victim of his greatest foe (big money), as he was defeated during an election that saw hundreds of millions of dollars being spent by corporations.

Reformers face a conservative Congress and hostile Supreme Court. But, they say, they have a plan. First, they will push legislation leading to greater disclosure. Second, they will ask the IRS to enforce rules applying to the ability of non-profit corporations to spend political funds. Third, they will fight anti-reform lawsuits and legislative proposals. 
Click here for more from the LAT.

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