Monday, November 10, 2008
It is too late to reform campaign spending, although groups are going to try. The cost of multimedia communications is large, and candidates are going to continue to use them. Most importantly, Obama pioneered fund raising through small donations. How can one restrict that? It was democracy at work. It would be best, it seems, if reform groups would leave campaign financing alone. The current system is not ideal and doesn't work well, and a new system won't work that much better. Candidates need to communicate to persuade. They will do what it takes.