Campaign Caps

There is a big controversy going on Capitol Hill on whether or not a limit of fund raising should be initiated for campaigning. It has come to the point where whoever raises the most money will win the election. IS this true? I don’t believe it’s entirely true but it may inhibit the candidate to “get out there” so to speak. Obama Raised 468 million and McCain only raised 224 million (Times, 2010) in which Obama slaughtered McCain in votes. Could the amount of money Obama spent be a key factor in McCain’s struggle? Or the incompetent Sarah Palin as a running mate? Questions of this magnitude establish that it’s not entirely true that whoever wins is the one who raises the most money. Does a president win for what he stands for or money? Did Obama win because of money or the popularity amongst the lower/middle class and was this due to political campaigning. The answer is “kind of” in which his slogans were everywhere and cost money that attracted his audience, and well McCain didn’t really have to campaign since Sarah Palin is an idiot, and most of her key remarks would be channeled on an news broadcasting channel anyway causing publicity and popularity. Although presidential campaigns are a lot different in which receive fund-raising and receive nationwide supporters, but local official candidate Meg Whitman is a different story. Meg Whitman Spent 119 million of her own money for her campaign, (which is the most money ever spent on a campaign in which was her own money.) (RICHMAN, Meg Whitman spends $119 million on own campaign; most ever in U.S. race, 2010) Is this wrong to use your own money as leverage to tackle your opponent? Having supporters and fund-raising for your campaign is different from using your own money for governor positions and state elections. Due to the locality of elections candidates aren’t going to have the supporters as a “candidate for Presidency” and seems unfair to other runner up candidates. With recent candidates trying to buy out an election such as Bloomberg in which bought his election, (net worth of campaigning of 109 million of his own money), and Meg Whitman spending 119 million, there should be a level cap on campaigning.