Thursday, June 19, 2008

Barack Obama opts out of Public Funds

(picture from NYMag)
Obama is really just one big Flip Flopper

With his decision, Mr. Obama became the first candidate of a major party to decline public financing — and the spending limits that go with it — since the system was created in 1976, after the Watergate scandals......Mr. McCain has been a champion of public financing of campaign throughout his career.

Ever since it became clear that Barack Obama's record-breaking fund-raising juggernaut could make him richer than God during the general election, it was expected that he would eventually opt out of public financing, a system which would have given him about $85 million to spend after the convention, but would have capped private fund-raising. The only problem is that he had pledged to work within the public-financing system if his opponent did. This, then, won't help dispel the notion that Obama is all talk. But will it actually damage Obama's image, or is the issue just too boring for anyone to care about? (NYMag)

Here is the latest video from Obama

Obama supports public financing

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