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Tag Archive: Watergate

Happy Birthday Richard Nixon — RIP campaign finance reform?

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Tonight, at Washington's stately Mayflower Hotel, just a few blocks from Sunlight's offices, family and former aides to the late President Richard Nixon will gather to celebrate the 100th anniversary of his birth in Yorba Linda, Calif. Who knew that it would also be an occasion for campaign finance reform nostalgia?

It was actually Nixon who, in 1971, signed into law the Federal Election Campaign Act, limiting the amount of money that could be donated to congressional and presidential campaigns and requiring that those donations be reported. And ...

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Super PACs: How we got here

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Nearly four decades ago, the delivery of a suitcase stuffed with $250,000 in cash to one of then-President Richard Nixon's top aides helped fuel the Watergate scandal and a complete overhaul of the laws regulating campaign finance. Voters in the 2012 election are likely to know less about who is trying to influence their decision than they have at any time since then. And, compared to the amounts of unregulated dollars flowing into campaigns, the stash of cash that former Commerce Secretary Maurice Stans accepted during the 1972 presidential campaign seems like peanuts.

Here's a look at ...

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