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Friday, Jan 11, 2002

rascal racicot

"The political reforms passed after Watergate had two somewhat paradoxical consequences. On the positive side, outright, cash-in-a-bag corruption became quite rare in Washington. On the negative side, sleaze got much more inventive. The fruits of this trend included such instruments of dubious virtue and technical legality as corporate soft money, "honoraria" for speech-making, campaign contribution "bundling," insider stock deals for members of Congress, and ever more blatant forms of influence-peddling."