By now, we’ve all read the NYT article describing the seemingly inappropriate relationship between John McCain and a female lobbyist. However, the bigger story in my opinion is the one appearing on the Washington Post’s website this morning: FEC Warns McCain on Campaing Spending. McCain is a belligerent statist who openly denigrates the first amendment. It would only be appropriate if he were to be hoisted by his own petard, so to speak, and had his campaign for the presidency significantly damaged by his own ill-conceived legislation.
For those that don’t wish to read the entire article, the gist of the situation is this, when McCain was struggling to raise cash a few months back he attempted to take out a loan using as collateral his ability to draw on public matching funds. The idea was that if he secured the loan, won a few primaries, and gained additional support, he could pay back the principle and interest without tapping public money and so avoiding the spending restrictions that entails. If he failed to win the primaries and couldn’t raise any more money he would have to use the public money and abide by the restrictions, but it wouldn’t matter because his campaign would have been hopeless by that point anyway. It was a clever but disingenuous strategy, spend now, decide on the rules later, especially coming from someone who claims to be opposing big money interests in Washington. Regardless of how this turns out, keep it in mind when you hear someone talking about John McCain the “maverick.” He is as much establishment as Hillary, and if he is unpredictable, it is only because he is hypocritical, not because he is an independent thinker.