Obama: We don’t want any public dough
WASHINGTON _ Is Barack Obama breaking a promise to the American people?
Is the would-be Democratic reformer dooming hopes of those who want a publicly financed election unsullied by fat cats and influence-peddlers?
He’ll be deflecting such criticisms now that he has announced this morning that he’s opting out of the public finance system, turning down about $85 million (and spending limits that go with it) and thereby becoming the first major-party presidential nominee since Richard Nixon to thumb his nose at a publicly financed campaign.
You’ll hear a lot about it in coming days from various critics – good-government types who say our political system has been corrupted by campaign contributions and Republicans opponents seizing the day to assert that Obama is something other than he claims.
The Illinois senator is trying to inoculate himself against such charges, contending that the system already is broken and that John McCain has been “gaming” it all along while encouraging mud-slinging 527s – those unregulated, Swiftboat-type groups – to gear up for the fall.
“We’ve already seen he is not going to stop the smear and attacks from his allies running so-called 527 groups who will spend millions and millions of dollars in unlimited donations,” Obama said in his video released this morning.
On the other hand, Obama has traveled a ways toward democratizing the system by raising money from so many people – more than 3 million donations from 1.5 million people, 91 percent of them under $100.
At a breakfast with reporters this morning, his chief spokesman, Robert Gibbs, put it this way: “I think that’s the kind of campaign reform that most reformers have always had in mind.”
You can be sure of this: In the end, it was Obama’s revolutionary capacity to raise money from the Internet – a staggering $265 million-plus thus far — that tipped the balance.
McCain, too, is gearing up big-time, as is the Republican National Committee, which has lots more cash on hand than their Democratic counterpart.
This much is certain: The money-chase in the months ahead will be more intense than ever.



“Is Barack Obama breaking a promise to the American people?”
Yes. But then he broke a promise when he said he wasn’t interested in running for president too. It’s good to be the Chosen One. He can equivocate, dissemble, tell outright lies about his opponent’s positions, and deflect legitimate criticism with the risible excuse that they’re “distractions”, yet a sycophantic press lets him get away with it each and every time.
Don’t know what’s particularly Hopey/Changey about being an old school political hack, but there you go.