This article examines the evolution of campaign finance legislation and its complex and often contradictory regulations.  The author also questions the types of reform legislation often passed in the wake of public scandal and suggests that these often do nothing to address the specifics of a particular scandal or act.  Finally, the article examines whether campaign finance rules as they exist today are a result of experience and considered policymaking by Congress and suggests that if they are not, that it maybe past the time to step back and reconsider the law’s scope, in particular its prohibitions upon certain entities from participating.