RYAN SAGER notes that Democrats are catching on to the problems with campaign finance “reform:”

Three years after the passage of McCain-Feingold (a.k.a. the Bipartisan Campaign Reform Act of 2002, a.k.a. the End of Free Speech As We Know It), a smattering of Democrats and liberal activists are slowly coming to the conclusion that maybe it wasn’t such a good idea to let the government decide who can and cannot engage in political speech.

After all, what would prevent incumbents in Congress from passing laws to secure their jobs by making it harder for their opponents to criticize them? And what would prevent a political party — holding, say, power in both houses of Congress and the White House — from using election laws to try to smother the opposition?

Right: Nothing.

Better late than never, I guess.