I'm inclined to praise an editorial that questions the DeLay indictment, right? So I do. But I still think it's true that it does a better job of examining it on the merits than the news story DeLay Indictment in Texas Finance Probe. I'll just stipulate that for the moment, as the editorial says:
... This was an obvious end run around the corporate contribution rule. The more difficult question is whether it was an illegal end run -- or, to be more precise, one so blatantly illegal that it amounts to a criminal felony rather than a civil violation. For Mr. DeLay to be convicted, prosecutors will have to show not only that he took part in the dodge but also that he knew it amounted to a violation of state law -- rather than the kind of clever money-trade that election lawyers engineer all the time....

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