McCain facing serious legal question about his campaign finance “deal”

So one of John McCain’s claims to fame is that he’s the champion of campaign finance reform. But, we’re seeing the dark side of McCain. He’s actually the champion of scamming the campaign finance system:

Still, questions about the legality of the deal have turned the fine print of McCain’s borrowing into a source of intense scrutiny among leading campaign lawyers. Several suggested McCain has landed in a legal bind: If McCain used the promise of public financing to secure the loan — as Democrats suggest — he faces strict spending limits. If public funds were not involved — as Potter argues — that poses other problems.

And, McCain, who is on the verge of breaking the law, wants to make public financing an issue with Obama. As if. I’ll repeat what we wrote during our debate open thread when Russert asked Obama about public campaign financing for the general election:

Campaign finance. Here’s the answer — listen, Tim — McCain is on the verge of breaking the campaign finance laws. He could go to jail for 5 years as a result. Why do I care what McCain thinks about this issue, he’s lost all credibility. As for Obama, Russert got it wrong. Obama didn’t promise to take public funding, he said he’d sit down with the GOP nominee and try to work out a deal. Big difference.


On October 27, 2010, Joe was one of five bloggers who interviewed President Obama. Joe is a DC-based political consultant with over twenty-five years of experience at both the state and federal level. Joe has managed political operations and legislative efforts for both candidates and issues-based organizations. For seven years, he was the Director of State Legislation at Handgun Control, Inc. He served as that organization's first Political Director during the 2000 cycle. Joe is a graduate of the University of Maine School of Law. In addition, he has a Masters in Public Administration from Lehigh University and received his B.A. from the University of New Hampshire. Joe also has a fun dog, Petey, a worthy successor to Boomer, who got Joe through eight years of Bush and Cheney. Joe likes to think he is a world class athlete having finished the 2005 Chicago Marathon in the time of 4:10. He has completed six other marathons as well -- and is still determined to break the four hour mark.

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