If the FEC makes rules that limit my First Amendment right to express my opinion on core political issues, I will not obey those rules.The implications of including private blogging as "in kind contributions" would obliterate citizen participation in politics as we know it. Every volunteer would be considered a "donor"; every petition signature, every letter to the editor, every act of punditry would have to be given a financial value and credited (or debited) to someone. Insanity.
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