Obama has Republicans Jumping Through Loopholes

By Natalie Gewargis

Jul 3, 2008 7:09pm

ABC NEWS’ NATALIE GEWARGIS WRITES

Not keeping in the spirit of the Bipartisan Campaign Reform Act  he worked so hard to create, allies of Sen. John McCain R-Ariz., have started to mine (loop) holes in the text of his  own legislation.

Friday, the Wall Street Journal’s lead story, “McCain Allies Find Finance-Law Holes: Governors’ Fund Recruits Big Donors Bid to Catch Obama,” by Brody Mullins and T.W. Farnam, lays out how allies of the senator, unaffiliated with the campaign, are working to compete with with Sen. Barack Obama D-Ill, while ignoring the position that McCain has taken on campaign finance in years past.

A Republican Party fund charged with electing governors has started positioning itself as a base for contributions regardless of size. This is only one of the endeavors designed to assist the senator. A second strategy enacted by the McCain campaign, as reported by the Wall Street Journals’ Elizabeth Holmes in April, establishes a joint fund-raising account that pools the legal maximum gifts for the candidate in addition to the national party, and state parties with contests crucial to the outcome of the race.

While Obama’s flip-flop on saying, then recanting, that he’s aggressively pursuing an agreement with McCain on accepting public financing may be glaring, it can be argued that Obama’s switch shouldn’t give McCain a free pass. His supporters may be staying true to the language of his legislation, but they’re not being true to its intent.

- Natalie Gewargis

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