Campaign Financing Cyber Loophole

goombah99 writes "The Washington Post is criticizing a little-noticed bill wending it's way through congress that would allow unlimited and unreported campaign contributions by corporations and individuals as long as it was confined to internet advertising and publicity buys. While internet spending was only $14 million last year it is growing at a rate of 30 fold over four years poising it to overtake conventional media spending."

Comments

A better idea

[DigiShaman]

How about rolling back the clock BEFORE we had Campaign Finance Reform. It's bad enough that this bill got pushed through in the first place, but it's even worse to patch it up and add even more layers of complexity riddled with contradiction. And if we are not carefull, we end up with another agency bought and paid for with YOUR tax dollars. It will be called...what... CFB (Campaign Finance Bureau) to monitor all this shit?

And another topic. Get rid of the IRS. The tax system is way to bloated with loopholes. Just make it a flat sales tax and get rid of the IRS at the same time.

Re:Fold

[philipmather]

How did that one creep into the language, Shirley a "fold" conveys the implication of division rather than multiplication. I suppose an "N fold increase" explicitly stipulates a growth, but that would make it a double negative and I suppose a "30 uncrease increase" or "30 unfurled increase" doesn't have quite the same ring to it. I blame the bleedin' Septics.