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Campaign Finance Reform?

Kerry and Bush Awash in Money

In the first Presidential election campaign since the McCain-Feingold reform law, this is what we now learn:

This year's presidential race - fueled by more than a million donors,
including many who have never given before - is well on its way to
becoming the country's first $1-billion political campaign, experts say.

While I never agreed with campaign finance reform, it is ironic that more money is now flowing into the campaigns than ever before. I can't help but think that money could be better spent.