All the candidates do it. Obama is a prime offender, if you want to look at it that way.
The key is the kid has to raise the money themself, they can't be reimbursed by the parents, and it has to be their own decison. The FEC has come up with some new rules to pretty much rule out the diaper set.
A helpful article.
http://www.washingtonpost.com/wp-dyn/content/article/2007/10/23/AR2007102301882_pf.htmlAs Campaigns Chafe at Limits, Donors Might Be in Diapers
By Matthew Mosk
Washington Post Staff Writer
Wednesday, October 24, 2007; A06
Elrick Williams's toddler niece Carlyn may be one of the youngest contributors to this year's presidential campaign. The 2-year-old gave $2,300 to Sen. Barack Obama (D-Ill.).
So did her sister and brother, Imara, 13, and Ishmael, 9, and her cousins Chan and Alexis, both 13. Altogether, according to newly released campaign finance reports, the extended family of Williams, a wealthy Chicago financier, handed over nearly a dozen checks in March for the maximum allowed under federal law to Obama.
Such campaign donations from young children would almost certainly run afoul of campaign finance regulations, several campaign lawyers said. But as bundlers seek to raise higher and higher sums for presidential contenders this year, the number who are turning to checks from underage givers appears to be on the rise.
"It's not difficult for a banker or a trial lawyer or a hedge fund manager to come up with $2,300, and they're often left wanting to do more," said Massie Ritsch, a spokesman for the Center for Responsive Politics. "That's when they look across the dinner table at their children and see an opportunity."
Asked about the Williams family giving, Obama spokesman Bill Burton said, "As a policy, we don't take donations from anyone under the age of 15." After being asked by The Post about the matter, he said the children's donations will be returned......Congress tried to outlaw political contributions from those under age 18 as part of the McCain-Feingold Act in 2002, but the Supreme Court struck down that provision as an infringement on the constitutional rights of minors. With that ruling in mind, the Federal Election Commission wrote new regulations two years ago that tried to balance what it considered a legitimate desire among some children to make political contributions against the possibility that parents would seek to pad their donations by funneling money through children.......