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Politics : View from the Center and Left

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To: JohnM who wrote (14591)	3/21/2006 8:10:58 PM
From: TimF	Read Replies (1) of 542620

I haven't responded to the earlier posts in this conversation because I didn't see any of them until now, and because Karen covered one of my main concerns. I just don't see any way to get a net benefit from public financing. If you require private financing of the effort to become "a serious candidate" then you reduce or eliminate the potential corruption reducing element of public financing. If you provide public financing for all declared candidates then I suppose I'll go ahead and become a candidate, esp. if I can take a salary to manage my own campaign. I do have one additional objection. If you disallow private financing then your greatly restrict free speech. This is true even if you only disallow private third party financing and is even more true if you don't allow people to spend money on their own campaign. If you don't disallow private financing then public financing has to be very lavish to overwhelm private financing and provide a possible corruption reducing effect. Other lesser concerns are the possibility that the corruption reduction is exaggerated, perhaps greatly so, and the possible cost of the program. Neither of those are deal breakers, but I think the other objections are. Tim

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