Tuesday, September 28, 2004

Soros: Why Not?

Is it wrong for someone to spend their own money to advance a political agenda he agrees with?
George Soros is having quite a year, according to the Times.

WASHINGTON (AP) -- He's donated some $18 million to organizations working to defeat President Bush. Now, billionaire George Soros is taking his campaign -- and money -- on the road.

The Hungarian-born activist will spend between $2 million and $3 million in the next month visiting a dozen cities, sending at least 2 million informational pamphlets to voters and placing ads in national and local newspapers.

``In spite of his Texas swagger, George W. Bush does not qualify to serve as our commander in chief,'' Soros said Tuesday at a news conference.

I've got to admit, I don't see the problem. I think Soros is a goof, but he gets to have an opinion and he gets to try to get other people to come over to his crackpot views.

But why not admit that more spending, and more speech, on all sides gives us a better debate. The idea that the federal government might restrict spending of one's own money on political speech is terrifying. The 527s...God bless 'em!

It is worth repeating the figures published a month ago, and now even more lopsided in favor of the liberal side:

Seventeen of the top 20 groups operating under the 527 code active in the presidential election support Democrats and are funded by donors with ties to the Democratic Party. In all, they've raised at least $133.1 million, according to Internal Revenue Service records compiled by PoliticalMoneyLine. The three Republican groups raised $15.5 million.

Eliminate all fundraising and spending provisions, and let the people decide. If Soros wins, more power to him.