Jack Kingston: “That is a good question. Reclaiming the time, this is the way I understand it as a student of campaign finance reform.…”

“That is a good question. Reclaiming the time, this is the way I understand it as a student of campaign finance reform. In 1972, when PAC's started because of the large, individual contributor, the gentleman may remember the man, he was in the life insurance business, gave over $1 million to Richard Nixon's campaign, and one of the reactions were to have PAC's and PAC's were originally supposed to be a campaign finance tool, a way to get around the influence of a guy who can write a million-dollar check. And so what happened is that PAC's, people thought back in the early 1970's, would be ideological, and the gentleman knows there are some that are truly ideological. For example, a lot of the women's group PAC's they will give to a pro-choice candidate who has no chance of winning, whereas a lot of the pro-life groups hold back and want to make sure that they are winning. Let me even take that back. I would say the abortion PAC's are more ideological. The business PAC's are absolute pragmatists. They do not truly have an ideological philosophy except their own special interest.”