He abandoned public financing without CU.
Really, my "comrades" are abandoning the First Amendment? Boy that amendment has really been taking a beating!
I guess
so! Republicans celebrated two years ago when the Supreme Court issued a ruling that allowed groups, corporations, unions and individuals to spend unlimited amounts on campaigns, as long as those efforts were not coordinated with the campaigns.
They now realize that the new unregulated money is one of the main reasons, whether for good or bad, that the race continues and remains so unpredictable.
Before that ruling, when a campaign ran out of money, the candidate usually dropped out. Fundraising networks were also the tool by which the establishment bestowed its benediction upon a favorite contender and crowded everyone else out.
The most spectacularly successful example of that strategy in recent years was the one employed in 2000 by George W. Bush and the “Pioneers,” who each committed to raise $100,000 toward his election. They did it the old-fashioned way, by bringing in 100 checks for $1,000 each.
But that kind of money looks like chump change compared with, say, the $11 millionthat Las Vegas casino mogul Sheldon Adelson and his family have donated to a super PAC that supports Newt Gingrich. Without those contributions, it is hard to see how Gingrich’s candidacy would be alive today.
