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Legal Commentary
: AlthouseMcCain's problems of his own making.
By Ann Althouse
MCCAIN WANTS OUT OF THE CAMPAIGN FINANCE SYSTEM he's responsible for and finds it's not so easy. Amusingly, McCain is arguing that he has a constitutional right to get out.MORE: "'We never claimed that the matching funds were collateral for the loan,' says McCain lawyer Trevor Potter. 'This was all a hypothetical future transaction.' (We wish we could get bank loans like that.)" The WSJ is aptly smirky: "We suppose we can't blame Mr. McCain for trying to make the finance rules work for him, but it'd be nice if he finally admitted their embarrassing folly."
Full post as published by Althouse on February 22, 2008 (boomark / email).
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