Sunday, March 02, 2008

Globe column examines bill to repeal campaign contribution limits

In a column in today's Joplin Globe, Joe Hadsall explores Sen. Charlie Shields' bill to repeal campaign contribution limits:

A bill by state Sen. Charlie Shields, R-St. Joseph, is considerably shorter than the one passed in 2006. Where the 2006 bill altered many lobbying policies, Shields’ bill simply removes contribution limits and adds reporting requirements.

Donations of more than $5,000 would be reported electronically within 48 hours. Out-of-state committees that donate would be required to list contributors.

Proponents say that the current system of limits is played like poker by wealthy financiers who know how to bend the rules using a network of committees. But opponents say the bill increases the perception — and the likelihood — that politicians can be bought.

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