The money flows unabated

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Back when the reformers demanded that state campaign contributions be capped, they said it would limit the dollars flowing into Illinois political funds.

But overall, contributions have barely decreased from 4 years ago, according to a search of the State Board of Elections’ database. That may have as much to do with the economy these days compared to what it was back then, when Illinois’ unemployment rate was half what it is now.

According to the search, about $55.6 million was contributed to campaigns during the last 6 months of 2011, while about $57.3 million went to campaigns during the same period 4 years earlier.

Democratic House Speaker Michael Madigan raised $2.6 million in just the last 3 months for the three campaign funds he controls. Madigan now has $4 million in cash, which puts him far ahead of anybody else in politics. Four years ago at this time (the same point in our national and state election cycles), Madigan had $1.3 million in cash reserves. There were no contribution caps 4 years ago.

And a whole bunch of money is avoiding the new contribution limits by being spread around to newly formed political action committees and to some little local committees that have never before seen much, if any, activity.

For a somewhat extreme example of what appears to be happening in our capped environment, let’s take a look at contributions made during the latest quarter by Ken and Anne Griffin, a high-powered, wealthy Chicago couple who gave heavily to the House Republicans in 2010.

Before we go further, though, I want to make it very clear here that nothing the Griffins did was somehow illegal or even unethical. It all appears to be well within the law.

I point this out only to show how silly it is to think that we can cap all the money coming into the system. Money always finds a way around caps. Always. Individuals are now capped at $5,000 when giving to candidates, but individuals can give $10,000 to political action committees and political party committees, and PACs can contribute $50,000 to candidates. You can probably see where this is going.

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