A followup on yesterday's story about a "shadow Democratic party" emerging in the wake of the McCain-Feingold campaign finance reforms:
Dick Morris says Democrats "have created an off-the-shelf, unregulated, uncontrolled, soft-money vehicle to run the campaign in 2004. Without the reporting obligations that the DNC has, the independent-expenditure organization can fund anything it wants -- overt or covert -- to advance the party agenda in 2004."
"The independent-expenditure effort amounts to more than just an attempt to continue to live off the soft money the Democrats had battled to ban. It is a virtual abandonment of the DNC as the central vehicle for the party’s campaign next year."