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Monday, February 5, 2007 12:00 AM

How to fix campaign financing forever for $50

A radical proposal by two Yale professors goes far beyond any reform envisaged by Feingold or McCain.

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  • Sunday, February 4, 2007 10:24 PM

    secrecy is inherently suspect

    This may sound like a good idea if it actually worked as intended-- up to a point. the fifty bucks to be directed by the voters sounds like a good idea, as does substantially increased limits on private donations, but keeping the big money secret is an invitation for creative corruption.

    I'm not going to give ANYBODY a hundred grand, or even ten grand, if I can't hope to influence them, or with no means to communicate that I did so. If the big money private donations were made private, people with big money would still find a way to make known their financial directives to the politicos, but it would be outside the public eye, laundered in various ways. This is better?

    And ordinary people would no longer at least know who owns their politicians-- and they'd still be owned by others.

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