'Anything goes' now in campaign financing? | HeraldTribune.com

by - June 05, 2012

Is it "anything goes" now in America's campaign finance system?

John Edwards is acquitted of using campaign cash as hush money. There's an explosion of high-dollar super political action committees in the presidential race. It's all stoking criticism of revisions and regulatory loopholes in a system that was intended to keep better control of political money after Watergate.

Loosening the law has made it easier for politicians to butt up against the legal line - if not cross it - and for wealthy Americans to influence who wins office, from the White House on down.

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