solved Why is it that money is probably much more important

Why is it that money is probably much more important for political candidates today as compared to the 19th Century? From your readings what were the three major loopholes in the 1974 Federal Election Reform Act? Mention how the soft money loophole is being closed. Why is it difficult to get campaign reform laws passed? What was the major finding of Buckley V. Valeo? How might this and other loopholes affect our political system? Provide at least one academic reference to support your answer.