The Journal got to the point in its opening paragraph:
Ill-defined federal laws now reach into virtually every sphere of human behavior, and thus prosecutors can destroy almost anyone they choose. The recent indictment of Senator Robert Menendez on 14 counts of corruption and “honest services” fraud is a troubling case in point that deserves more than a little skepticism.
Political spending can be seen as consisting of the kind that goes recognized and the kind that doesn't. And when the money comes from unions, the gap between the two can be enormous in favor of the latter. On July 10, the Wall Street Journal published an article by reporters Tom McGinty and Brody Mullins, "Political Spending by Unions Far Exceeds Direct Donations," concluding that organized labor during 2005-11 spent $4.4 billion on federal election campaigns and lobbying. Only $1.1 billion of that represented sums reported to the Federal Election Commission (FEC) and Congress.
Is Reverend Al Sharpton giving up confrontation for pragmatism? An article appearing in the Wall Street Journal yesterday suggests the media-hungry civil-rights leader, with a long history of intimidation and demagoguery, has become a beacon of political moderation in his advancing years. The article, authored by Peter Wallsten, "Obama's New Partner: Al Sharpton," notes that President Obama, stung by criticism from the Congressional Black Caucus and other sources of black political opinion, has turned to the New York-based activist and radio talk-show host for advice. The piece is informative and well-researched. Yet it can't come to grips with the fact that the "new" Sharpton isn't really different from the old.
But by this morning, editorial writers had caught their breath and were busy at work skewering the Chairman of the committee that writes the nation’s tax laws. And just think how much fresh meat has been left for the weekend crew.