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Bloomberg is playing by the rules—and that's the problem. The billionaire, who joined the race late and hasn't appeared on a single ballot, has already outspent every presidential campaign in history. But the US has few laws limiting how much a person can spend on their own candidacy.

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  • Campaign reform is much needed - I’m not sure imposing limits will work. I grew up in a country where limits exist and politicians, parties and donors figure ways around the limits, usually through corruption or through favors once in office.

    Transparency is the best remedy. Is the problem Bloomberg

    Campaign reform is much needed - I’m not sure imposing limits will work. I grew up in a country where limits exist and politicians, parties and donors figure ways around the limits, usually through corruption or through favors once in office.

    Transparency is the best remedy. Is the problem Bloomberg is putting too much of his own money? Or is taking money from special interests a bigger one? Do we care more about someone that spends little but is then subservient to their backers? Is it realistic to expect that only private citizen donations capped at an amount will be able to fund campaigns?

    The only time in American history an election did not have parties and financing behind it was George Washington’s first one...