November 16, 2007FEC Nearing End of Post-WRTL Rulemaking; Expect New Flood of Sham Issue Ads; Disclosure Issue Still UnresolvedThe FEC has released this draft final rule in the post-WRTL rulemaking. Actually, it still has two alternatives: one of which would exempt from disclosure ads subject to the WRTL exemption; the other which would not. Richard Briffault and I had submitted these comments to the FEC urging it not to extend the WRTL exemption to the disclosure requirements. It is unclear to me what the politics are about securing 4 votes for either position at this point. On the scope of the exemption (assuming it passes), hereare three simple rules for a corporation or union that wants to spend unlimited sums supporting or opposing a candidate for federal office: Yes, my friends, sham issue advocacy is coming back in a big way (and potentially we won't even know which corporations and unions are bankrolling it). "Call Sen. Clinton and tell her to stop coddling illegal aliens and terrorists by supporting the NY drivers' license plan." |