Ross Perot and campaign finance. Was he on to something? [View All]

The two other threads on Perot started me to thinking about someone I met when I lived in Texas, who claimed to have known him. Well, this fella was slightly out there, but somewhere along the line in a conversation with him in a group of people, someone brought up the fact that he thought Ross was an idiot for using his own money to campaign instead of soliciting donations like everyone else.

The Ross acquaintance said it didn't cost him anything because he only used the interest from his money to run. So maybe this is naive of me, but why can't all candidates do that? I mean what if we gave each candidate a certain amount of money to run, like has been mentioned before, from the interest from money invested for this purpose.

So campaign contributions could go into a campaign trust fund. (You'd have to bribe contributors with some kind of tax cut or perk of some sort, because they wouldn't be allowed to do it for a specific candidate.) Then the interest would be used to give to the candidates for the actual campaign. I would also go for the 1,000 signatures and a dollar or two contribution to qualify the candidates as has been done recently. That money too could go into the campaign trust fund

So do you think old Ross had something going here?