An editorial in the Wall Street Journal looks at other people's politics (free for all):
DailyKos holds forth regularly that "our democracy is in danger" from money in politics and loudly supports McCain-Feingold and other campaign and media restrictions. The New York Times position on campaign finance reform is that it "has not gone far enough," and that more should be done to control donors and prevent changes that would "open the spigots to corporate and special-interest money."
Of course, it's always other people's influence that's a threat to democracy. DailyKos's misadventure was resolved with a Federal Election Commission ruling that allowed it (quite properly) to escape the rules it wants foisted on everybody else. And we certainly defend the Times's right to sign advertising contracts at whatever price it wants to charge--without the FEC combing through its books in search of rate discrepancies.
Unfortunately, the Times's passion for regulating everyone else's speech has now boomeranged, with politicians calling for an investigation into its favor to MoveOn. This is getting to be a bad Times habit: Recall its campaign for a special counsel to investigate media leaks that turned into a probe of its own sources and led to judicial rulings that limited press freedom.
House Oversight and Government Reform Ranking Member Tom Davis (R., Va.) wants hearings on whether the MoveOn discount represented a contribution in violation of campaign finance laws, and whether those laws are actually enforceable. Mr. Davis is indulging in some partisan opportunism here, and we wish instead that he was explaining that the problem is not that these organizations slipped through some campaign finance net. The problem is the net.
The answer to bad campaign fincance law is not more regulation. It's less.
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