What preceded this system that is bad and needs fixing was a ``cashocracy''. People came to Members of Congress and presidential candidates with bundles full of cash. I think that was a worse system. We are not perfect today, but we are better than a system where people used to come in to Members of Congress offices with envelopes of $100 bills.
Sam Gejdenson: “What preceded this system that is bad and needs fixing was a ``cashocracy''. People came to Members of Congress and…”
On the recordJune 17, 1998
Source
govinfo.govEditor's note · Context
Discussing the need for campaign finance reform.
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