Phony Campaign Finance Reform What's the problem with our political system? The conventional answer – the PC response, the solution du jour – is money, particularly so-called "soft money." The answer, claim many Republicrats and Democans alike, is campaign finance reform, whose lat t incarnation is the Shays-Meehan legislation. Not only is this bad law, not only is this a bad idea, it's unconstitutional and un-American – an absolute abridgment of First Amendment freedoms. Here's what this bill …showed first 75 words of 820 total…

…showed last 75 words of 820 total…on speech. You cannot divide money and speech. Money buys speech. Effective communications requires money. It's an illusion to pretend otherwise. We don't need more government control –whether it is thr gh taxpayer-financed elections or limits on political speech. Either solution spells less freedom. What we need to do, as much as possible, is to get government's nose out of the election process – and, for that matter, the rest of our public and privat affairs.