John McCain: SuperPACs Will ‘Destroy Political Process,’ Predicts ‘Scandal’ Because of Them

So do something about it. You've been in the Senate for decades. Show some leadership:

One of the biggest headlines of the Republican primary race so far – and the point Stephen Colbert is trying to make with his satirical campaign – is the story of SuperPACs.

Take Newt Gingrich. Gingrich’s poll numbers in Iowa were competitive until these shadowy groups started attacking him with TV ads. Nearly half the political ads run in Iowa  - and they saturated the airwaves – were negative ads against Gingrich, according to the Campaign Media Analysis Group. Many of those attack ads were put on the air by the SuperPAC called Restore Our Future, which is run by former Mitt Romney aides and supports his candidacy.

Because of U.S. campaign finance laws, the Romney-supporting SuperPAC can’t have any official contact with the Romney campaign, but we did ask Romney if he believes the SuperPACs should go away.

“I think the campaign finances laws that we have in this country are terribly counterproductive,” Romney told us on the campaign trail earlier this month.  “They limit how much money campaigns can raise and yet allow other entities to raise unlimited amounts.”  Romney added, “The campaigns should be the ones responsible for their own ads.”

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