November 17, 2024

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  • Will on Matching Funds

    George Will had a great column last week on Dean's decision to opt-out of matching funds. (I had missed it until I noticed a post on it at Occam's Tootbrush). Will is, of course, an opponent of campaign finance regulations for the same reasons that I am: contributing money is ultimately a democratic act, and it promotes speech. Further, the argument that such rules "keep money out of politics" is facile--money is inherently part of political activity.

    Says Will on the basic decision by Dean:

    He will rely on the voluntary contributions of people who agree with him. What a concept.

    Indeed.

    Further, the bottom line of contributions is that people contribute because they like you, they don't like you because you have money (we all remember Presidents Perot and Forbes, right?):

    Dean is redundant proof of what opponents of campaign finance limits have always argued: Money validates strength more than it creates strength. That is, Dean is not attracting supporters because he has money, he is attracting money because he has supporters.

    And, in regards to speech, Will correctly notes that Dean puts to rest the argument that money isn't speech by the very logic of his actions:

    So now he says that unless he abandons public financing, his money will be gone when the primaries are over. Then Bush could spend to speak to the nation all summer, while he, Dean, would fall silent until after the Democratic convention, when he would get a fresh infusion of public money.
    But notice that Dean's argument concedes what campaign finance regulators deny -- that money is tantamount to speech, and therefore limits on political money limit political speech.

    Posted by Steven Taylor at November 17, 2024 11:45 AM | TrackBack
    Comments

    But in this country, we consider that all people have the same rights to speech. But we do not guarantee that everyone have the same rights to money. If you equivacate speech with money then because some have more, they get more 'speech' than others.

    But let's go further. If you say that money is free speech, you must say that anything money can buy is free speech too. Because money is only a commodity to buy things. So then land is free speech too. But we in this country long ago abandoned the idea that only landowners could vote. Everyman has an equal say regardless of his landholding status. It was one of the principals we hold in this country.

    Posted by: Eric at November 17, 2024 05:34 PM

    Tell me how one can communicate in a political sense sans money.

    The answer is: one cannot.

    And where is the shortage of access of money for those who wish to articulate their political ideas?

    Posted by: Steven at November 17, 2024 05:54 PM

    Nothing I wrote said that you couldn't use money. Only that speech ~= money. And there is no "right" to use your money for political speech.

    And where is the shortage of access of money for those who wish to articulate their political ideas?

    Nobody's giving me any money to air my political views. :)

    Posted by: Eric at November 17, 2024 06:05 PM

    However, if you wanted to run for office, one measure of your ability to garner the support needed to run would be your ability to raise funds.

    Posted by: Steven at November 17, 2024 06:40 PM

    And really, in this context, we are taking about running for office.

    Further, the Supremes have equated political speech with money--it will be interesting to see what they say on that matter when they hear the BCRA case.

    Posted by: Steven at November 17, 2024 06:41 PM

    you have a link to the case? i'm not familiar with it. or at least not the acronymn.

    Posted by: Eric at November 17, 2024 06:51 PM

    Uh, the airwaves are public property. Perhaps if we reduce the demand for money, say like using part of the public commmons of the airwaves for cheap political ads, maybe the whole problem will go away.

    The current insanity focusses on the supply instead of the demand, and as any economist knows, this won't do jack. Heck, look at our drug policy for a clear example.

    But wait! That's communist talk. Back to my hole.

    Posted by: JC at November 18, 2024 11:07 AM

    It won't work: look at the way we finance the general election campaign: theoretically everyone has the same amount of money, but what happens? people find ways around those limits, because it matters to them who gets elected to the Presidency. Look at George Soros, for example, even in the face of restrictions on soft money he has found ways to indirectly spend millions to work to defeat Bush.

    As long as the federal government is going to collect and spend $2.4 trillion a year, people are going to care who gets elected to key positions.

    Even if you give away free air time to candidates, other people are still going to spend money to try to support and/or defeat given candidates.

    And while the airwaves are "public"---the broadcast capacity itself isn't.

    I will say it again: money is inherently part of politics and to try and "take the money out of politics" is folly. One might as well take the air out of breathing.

    Posted by: Steven at November 18, 2024 11:25 AM
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