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Old 06-19-2008, 07:55 AM   #17 (permalink)
OldManOnFire
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First it was war-mongering towards Iran.

Then NAFTA is suddenly an okay program.

Today it is this:

June 19, 2008
Breaking: Obama decides to decline public financing
Posted: 09:28 AM ET

From CNN Political Unit

WASHINGTON (CNN) — Sen. Barack Obama has decided not to accept public financing for his campaign, the presumptive Democratic presidential nominee told supporters Thursday.

In an e-mail message, Obama said his decision means that his campaign will forego over $80 million in public funds.

In exchange for taking public funds, candidates usually agree to a cap on the amount of money they can spend on their campaigns.

"It's not an easy decision, and especially because I support a robust system of public financing of elections," Obama wrote. "But the public financing of presidential elections as it exists today is broken, and we face opponents who've become masters at gaming this broken system."

Obama has repeatedly broken campaign fundraising records during the Democratic primary season. Since January of 2007, has raised over $272 million.

Sen. John McCain, the presumptive Republican presidential nominee, raised less than half of that, roughly $100 million, over the same period.

His advisers argue that the Illinois Democrat has setup a "parallel" public fundraising system by soliciting small donations over the Internet.

Two months ago, McCain criticized Barack Obama for appearing to backtrack from a previous commitment to accept public financing for his presidential campaign.

Steve Schmidt, a senior McCain adviser, told CNN that Obama's decision to opt out of the public financing system "a broken promise of staggering dimensions.

"Obama's candidacy is based on words and it seems like everyday


What will #4 be????
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