12.19.2003

WHY THE CLUB FOR GROWTH IS COOL!

Here’s what Senator John McCain said during the debate about passing
the campaign finance law upheld by the Court last week:

“What we're trying to do is stop organizations like the so-called Club
for Growth that . . . spent hundreds of thousands of dollars in attack
ads.�

We are shocked and appalled by the Supreme Court’s ruling upholding
draconian restrictions on our ability to even mention the name of a
congressman or candidate name within 30 days of a primary election, or 60
days before a general election.

Justice Antonin Scalia was exactly right when he wrote in his
blistering dissent that “This is a sad day for the freedom of speech. Who could
have imagined that the same Court which, within the past four years,
has sternly disapproved of restrictions upon such inconsequential forms
of expression as virtual child pornography, tobacco advertising,
dissemination of illegally intercepted communications, and sexually explicit
cable programming would smile with favor upon a law that cuts to the
heart of what the First Amendment is meant to protect: the right to
criticize the government. For that is what the most offensive provisions of
this legislation are all about.�

The Club was one of the many plaintiffs that petitioned the Court to
strike down the law. We are disgusted that Sandra Day O’Connor and David
Souter joined the three other liberal judges on the Court to erode our
protections under the Bill of Rights. After all, James Madison once
wrote that the Supreme Court is supposed to be “the bulwark of our
liberties.�

As the above quote from John McCain indicates, this law is intended to
reduce the clout of the Club for Growth. That’s a tribute to our
success. We want to reassure you that this new law will not stop our
activities. It will in no way weaken our resolve to continue to elect solid
free market, pro-growth candidates, to speak out for tax cuts and other
vital issues to our economy and to continue running our award-winning
and influential TV and radio ads, when appropriate. The limitation on
“soft dollar� advertising by the Club makes our fundamental mission of
raising and bundling dollars for our candidates all the more valuable.
No other group is able to raise candidate contributions to match the
Club in this regard.

We will continue to praise pro-growth policies and candidates and to
make life miserable for the Tom Daschles and the Arlen Specters and other
Republicans in Name Only. There is a legal way to get around the
30-day and 60-day advertising restriction and that is to have the Club for
Growth’s PAC pay for the advertising during the banned period.

Until now, the Club has not made a substantial effort to raise money
for the Club’s PAC. We didn’t need to. But now with the first primary
elections barely 30 days away, we will place a new emphasis on building
a war chest in our PAC so we can continue to praise or criticize
candidates for their policies that would either help or harm our nation.

We are also consulting legal experts to determine whether we can or
should reorganize the Club’s charter to regain our full free speech
rights.

Any member of your family can contribute to the Club’s PAC. You and
any member of your family are allowed to donate up to $5,000 each and
every year to the Club for Growth PAC.

A husband and wife are allowed to donate as much as $10,000 using one
check, if the check is drawn on a joint account and both spouses either
sign the check or a note with the check indicating it is a joint
contribution.

While contributions to the Club’s PAC are limited by law, remember that
you can continue to write a check for any amount to the Club for
Growth. Donations to the Club don't count against any limits on
contributions to PACs, parties or candidates. We can use these unlimited funds to
find new members who can give money to our PAC and candidates, as well
as for advertising prior to the 30-day primary and 60-day general
election ban. Of course, contributions to the Club’s PAC are not tax
deductible.

We will not be muzzled by the McCain-Feingold law.

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