Obama’s Single-Handedly Reforming Campaign Finance: McCain Worried

John McCain made me laugh my ass off today.

I know, I usually laugh my ass off, but this had to be the most clueless thing I have ever seen in my life.  You see, McCain seems to be quite concerned about Obama’s effect on the campaign finance system. Read this carefully, because it will make you laugh. Okay, it will only make those of us with a brain laugh;Mccainfinance_2  the wingnuts will take this seriously:

Speaking on "Fox News Sunday" hours after Obama’s campaign reported raising a record $150 million in September, McCain said the overall sum his Democratic rival has raised — $605 million — showed the "dam has broken" for future White House races.

McCain also complained that the identities of people who contributed more than $200 million of Obama’s total take have not been reported, although that is allowable under federal law because the individual donations fall under the $200 reporting limit.

"I’m saying it’s laying a predicate for the future that can be very dangerous," McCain said. "History shows us where unlimited amounts of money are in political campaigns, it leads to scandal."

With this, John McCain certifies himself as a clueless putz. I used to think he was a little smarter than his campaign demonstrated. Now, I’m not so sure.

Think about this for a moment.

John McCain thinks there’s a problem with politicians getting hundreds of millions of dollars in small donations, less than $200. He’s worried about a "dam" bursting. Why would that be?

It’s because Barack Obama has single-handedly knocked the "conventional wisdom" on its ass. You know the one, in which candidates for office had to spend years gathering together big donations, and kissing corporate ass, just to be able to "compete"? 

The Republican model broke the system, and Barack Obama has actually shown us how to fix it, if we’re smart enough to take advantage of the opportunity. Now that he’s demonstrated that it’s no longer necessary for candidates to bend over and bare their asses, so that corporate bosses and lobbyists can slide their money into it, we can engage in some real reform.

Obama’s campaign has shown us that we can limit donations from ANY entity — individual,group or party — to the current $2300, or even less, per election cycle. We have to ban the concept of "bundling" altogether. I mean, BAN IT! We should only allow donations directly from an individual entity to a campaign, without any middle man whatsoever, and corporations should only be able to give as much as the rest of us. And while we can’t outlaw 527-type groups on a First Amendment basis, we should be able to restrict them, and their fundraising activities, as they pertain to advocacy for a particular candidate. After all, if we can’t give more than $2300 to a candidate, they shouldn’t be able to give more than $2300 in support to a candidate, either.

This only scares McCain because, without corporate largesse, the Republican Party is dead, politically. If they have to compete on the level of the average donor, they’re screwed, in part because so many of their strongest supporters would have to sell off half their belongings just to be able to afford a $2300 donation.

By the way, wasn’t McCain once a campaign finance reformer? If he was sincere about the concept behind McCain-Feingold, one would think he would welcome Obama’s ability to raise $105 million in a month through small donations.

Wouldn’t he?

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