‘Anything goes’ now in campaign financing?

WASHINGTON — Is it “any­thing goes” now in America’s cam­paign finance sys­tem? John Edwards is acquit­ted of using cam­paign cash as hush money. There’s an explo­sion of high-dollar super polit­i­cal action com­mit­tees in the pres­i­den­tial race. It’s all stok­ing crit­i­cism of revi­sions and reg­u­la­tory loop­holes in a sys­tem that was intended to keep bet­ter con­trol of polit­i­cal money after Watergate.