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Cato Podcast

The Lamont Loophole

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 10 August 2006

⏱️ 7 minutes

🧾️ Download transcript

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0:00.0

Welcome, I'm Anastasia Glova bringing you the Cato Daily Podcast.

0:04.0

Full and edited versions of our podcasts are available on our website at

0:08.0

W.W. Kato.org

0:11.0

In Tuesday's Connecticut primary, sitting Senator Joseph Lieberman lost the Democratic

0:16.7

nomination for the Senate seat to Ned Lamont, previously unknown in his party and his

0:21.2

state.

0:22.6

In today's podcast, we'll talk to Cato President Edward Crane about how Lamont managed

0:26.7

to wrangle the Democratic nomination from an incumbent senator and what this means for election

0:31.7

reform.

0:33.0

How did a political unknown like Ned Lamont defeat a three-term political incumbent in the Connecticut primary?

0:40.0

Lamont won because he was able to enfranchise the tens of thousands of Democrats in Connecticut

0:47.9

who were strongly or are strongly against the war in Iraq.

0:52.1

How was he able to do that because he's a wealthy

0:54.9

multi-millionaire who spent his own money? More than 60% of the money he spent in

0:59.3

that campaign was his own money. And I think that raises a very interesting question.

1:05.1

I mean, Lamont was not a good candidate.

1:07.7

He's not articulate, he's got zero charisma, and yet because he was right on the issues from the standpoint of Connecticut

1:16.0

Democrats he was able to win and why aren't more incumbents knocked out and the

1:22.0

reason is the the campaign finance laws.

1:24.9

There are contribution limits for federal candidates of just over $2,000 and I think no observer

1:32.0

of the Lamont Lieberman race would have given a challenger to Lieberman

1:37.5

a snowball's chance in hell of winning had they been subjected to the $2,000 limit.

...

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