Friday, March 04, 2005

Reason #657 Why Campaign Finance Laws Are A Joke

They're trying to take bread out of Eddie's mouth:

The FEC, thanks to a John McCain lawsuit, will have to calculate the value of a link on a political website in order to determine whether the owner has overdonated to a campaign -- in other words, committed a felony. Bigger blogs will come under closer scrutiny, which means that any expression of support on CQ with a referential hyperlink may well get valued at more than the $2,000 maximum hard-cash contribution.

In order for me to operate under those conditions, I will need to hire a lawyer and an accountant to guide me through the election laws and calculate my in-kind donations on almost an hourly basis. How many bloggers will put up with that kind of hassle just to speak their minds about candidates and issues? John McCain and Russ Feingold have effectively created an American bureaucracy dedicated to stamping out independent political speech, and the courts have abdicated all reason in declaring it constitutional.


In case you're curious, we estimate that the value of a link from Fraters Libertas is approximately .0003279 cents. At least that's what we're telling the FEC.

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