Monday, May 24, 2004

Conventional Wisdom (or lack thereof)

From the editorial page of the Wall Street Journal comes this piece on John Kerry's possible delay in officially accepting the party's nomination in order to make best use of the private campaign funds raised to-date.
Of course, the late July date was the Democratic Party's own choice--and it was selected precisely so it would let the nominee accept matching federal campaign funds a month earlier than President Bush, who will be nominated in late August. The assumption had been that the Democratic candidate would have run out of cash by this summer, but Mr. Kerry has been raising more money than he expected. In other words, Mr. Kerry embraced the rules when they helped him but now wants to ignore them when they don't.
In an interview on the subject, our esteemed senator described campaign finance reform and its implications here as "...silliness in the legal process...".

So, the campaign finance reform laws, once touted by the left as a way to keep the rich, evil corporate interests from controlling the political system, are just "silly" legal technicalities now that George Soros and his ilk are ponying up millions to help unseat President Bush.

This would be "silly" if this man wasn't actually trying to become the leader of the free world. We're well into "scary" here.

I understand, though, that laundering that much cash takes time. It's not like Kerry will ever EARN enough money to repay the $6,000,000 he borrowed from his "half" of the Louisburg Square estate (which, at 3.0% over 30 years comes to just over $25K/month). But that's another story for another day.