The recent Supreme Court McCutcheon ruling on how much an individual may contribute in total to political campaigns has already reignited the campaign finance issue. A lot of ink will be used discussing campaign finance, lobbying, and all the money in politics. We've heard suggestions about publicly financed elections and more transparency/limits on political contributions and lobbying. One problem with these proposals is that Congress will be passing the laws enacting such reforms. In the case of publicly-funded campaigns, Congress will set the rules as to how campaigns will be funded, what type of expenditures will be funded, and how much funding to provide. So the people already in power get to set the rules governing how money for elections will be spent.  I’m sure that will work out well for the challengers. Before looking at potential "solutions" to an uncertain “problem,” shouldn't we answer a more fundamental question:...(Read Full Article)