Nothing up my sleeve
It's fairly obvious that the current Shays-Meehan version of Campaign Finance Reform is actually Incumbent Protection, and does nothing to remove the influence of money from politics. (But then, nothing can.) Aside from its subtler implications (of which one is described here), the prohibition of campaign advertisements that name names within 60 days of an election is blatantly unconstitutional. John McCain (who co-sponsored the previous attempt, McCain-Feingold) told Bill O'Reilly that the bill is phrased such that if parts of it are thrown out on that basis, the rest remains in force. This is supposed to make me feel better.
The only financial reform our elected representatives are interested in is reforming themselves into office and reforming as much money as possible into their own pockets. Repeat after me: "The foxes are guarding the henhouse."
I favor removing any and all restrictions on who may give money to whom -- with full financial disclosure. OpenSecrets.org is a great start.
More at Reason Online.