August 16, 2010
NPR understands the reason for campaign finance laws

The headline: Report: Too Much Money Going To State Court Races

The punchline: Former Wisconsin Supreme Court Justice Louis Butler was the first incumbent in the state in more than 40 years to lose his court seat.

Repeat after me: Campaign finance restrictions are all about, and only about, incumbent protection.

[Link]

Posted by Robert Lawson at 09:06 AM in Politics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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