- Jan 7, 2004
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You don't need to Anti McCane threads on the first page on P&N, keep it to one or I'll limit you to none.
bsobel
These type of ads just fuel obama supporters:
http://www.youtube.com/watch?v=9mQ_eCGbdg0
bsobel
These type of ads just fuel obama supporters:
http://www.youtube.com/watch?v=9mQ_eCGbdg0
Barack Obama's decision to forgo public funds will bring joy to opponents of campaign finance reform. But to say that Obama has killed public financing is to miss the point.
The current system began to unravel eight years ago. George W. Bush became the first candidate since the post-Watergate reforms of the mid-1970s to decline public money in the primaries, thus avoiding the limits it imposed. Bush's decision was the single-most important reason he defeated John McCain for the 2000 nomination because Bush was able to spend without limit to win South Carolina after his loss in the New Hampshire primary. John Kerry walked away from the public financing system for the primaries in 2004. Note that Kerry won the nomination, too.
Obama can afford to shrug off the criticism. This is that rare election in which Democrats are positioned to raise more private money than Republicans, and given the collapse of the Republican Party's standing, 2008 represents a once-in-a-generation opportunity for Democrats to compete in places where they haven't set foot in years.
In any event, Obama did not kill the presidential financing system; the failure to reform it did. For what it's worth, I wrote back in 2006: "It's only a matter of time before antiquated limits force presidential candidates to forget about public funds altogether.