Thread: Economics Karl Rove and Super PACs
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Old 11-12-2012, 01:31 PM   #95
Direckshun Direckshun is offline
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Quote:
Originally Posted by patteeu View Post
Would you also silence giant news organizations (or limit them to $2000 worth of coverage)? Or is it OK if the Rupert Murdochs of the world can dramatically outspend all of those who don't have the luxury of a news network in their portfolio?
Media outlets do present a fascinating wrinkle to this discussion. Because even if we embrace public financing, the superwealthy can (and have) buy up the major media outlets and dominate them that way.

That said, I don't particularly have a great set of answers there yet. I have a few ideas, but they are still in their infancy.

I never believed that public financing was the answer, anyway. Because public financing would just limit (or outlaw) hard money, while soft money would still be pretty much untouched. I've argued that public financing in an answer, not the answer.
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