The moderate-conservative former chairman of the Republican National Committee writes: "According to the Center for Responsive Politics, the top 100 individual super PAC donors in 2011-12 made up just 3.7 percent of contributors but accounted for more than 80 percent of the total money raised. Given that labor-union political activities and money favoring Democrats had previously been dominant in federal campaigns, it is interesting to hear the screams of indignation now that Republican-leaning corporate moguls are stepping up their political and financial support."
Mr. Steele argues that the focus should instead be on making people's gifts more transparent: "From my perch in the cheap seats, [Mitt] Romney's position makes sense. Free, protected political speech -- including transparent advertising funded by super PACs -- should remain a prized right that must be protected, regardless of one's politics. The integrity of our political system is threatened less when we know who is doing the giving and how much they gave!"
Michael Steele: "What's So Bad About Super PAC-Men?"
