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Newspaper Article
Actually, it\s politics that corrupts money-making
1999
Overview
The alleged problem, according to a recent New York Times editorial, is that politicians are forced to \"haul in vast corrupting sums from special interests looking for favors.\" Proposed solutions range from stricter limits on campaign contributions (the centerpiece of the McCain-Feingold plan), all the way to what the Times calls its \"ideal\": total government financing of federal elections. But portraying businessmen as corrupt \"fat cats\" seeking to buy political influence merely makes them scapegoats for the real villains: the politicians who seek to exert influence over business. In today's mixed economy, with its enormous maze of taxes, subsidies and regulations, government holds the power to cripple any private company. What, then, is the meaning of, say, the $70,000 \"soft money\" contribution to the Republican Party made by a large regional phone company that stood to gain from pending telecommunications legislation?
Publisher
Las Vegas Review - Journal
Subject
