Newt calls for the repeal of McCain-Feingold

Newt Gingrich has called for repealing the McCain-Feingold campaign finance reform laws because he believes they are a restriction on the First Amendment's guarantee to freedom of speech.

Newt Gingrich has called for eliminating the McCain-Feingold campaign finance reform laws because he believes they are a restriction on the First Amendment's guarantee to freedom of speech.

"Just as tax lawyers always succeed in out-thinking the (Internal Revenue Service) because they stay after five and the IRS goes home, the private-sector lawyers will always out-think the (Federal Election Commission) because they stay after five and the FEC goes home," Gingrich told about 400 people at the Nackey Scripps Loeb First Amendment Awards Honors dinner."(source)

Instead, Gingrich believes contributions should be reported within 24 hours on the internet. McCain-Feingold restricted contributions to political parties from unions, corporations, and individuals. Nevertheless, organizations like PAC's (political action committees), CCE's(committees of continuing existence), and 527's have found loop holes to raise enormous amounts of money for political ends.

Article also appears at Newt Gingrich for President 2008

Posted by Jonathan Strong at 9:55 AM | | Comments (0) | TrackBacks (0)