Colorado Senate Debate: on Government Reform

Pete Coors: The 527 loophole is also a freedom of speech

A: This is a great country where we've got freedom of speech and we should never do anything or pass any laws that abridge that right. I think it was a total surprise to Congress when the Supreme Court decided the McCain-Feingold Act actually was acceptable, because I don't think Congress felt that the Supreme Court would uphold it. The flaw is the 527 loophole, which allows outside organizations with very little reporting and accountability requirements to come in and do advertising as they see fit to slam the other opponents. I regret that they did that, frankly, and I wish that wasn't the case. But we have freedom of speech and we should never do anything to remove freedom of speech.