What's so hypocritical about Bush condemning the 527 groups is that he signed the law that created them. McCain-Feingold has to be one of the worst pieces of legislation ever put through congress, and I think one of the worst things Bush has done as president was sign that bill. It's arguably done more to restrict our civil liberties than anything people usually get mad about (such as unspecified portions of the PATRIOT Act, vague references to Ascroft, etc.), yet people tend to be blasé about it. Worse still, the Supreme Court upheld the most egregious part of it so there's nowhere left to appeal to.
Things worth reading are this from Glenn Reynolds and this from American Realpolitik. Of course, you may want to read what they link to as well. This from Reynolds is also worth reading.
Update: Definitely read this from Donald Sensing.
Update: This piece by Jonah Goldberg at the National Review seems good.
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