Obama's Public Finance Flip-flop
Reader Comments
Public financing
Obama has broken a pledge. And then, he refers to his preference as "parallel public funding." Is that like 'inartful' - a word not found in any American English dictionary? Obama is no longer pulling in big money. On Youtube.com, an Obama supporter said, "No mas!" (no more) due to his refusal to take public financing and dissing the system.
McCain has approximately $21 million on hand and will get perhaps $85 million in public funding.
Obama is intimidated by the Republican National Convention's huge purse. And then the National Rifle Association is going to spend $40 million against Obama.
My conservative estimate is that Republicans, without trying, can easily spend more than $600 million dollars in the upcoming general election; and quickly garner more as needed to keep Obama cornered in his tiny box on the extreme radical abortionist left side.
Public financing for the General Election is supported by the VOLUNTARY $3 contribution check box on federal tax returns and thus is NO burden on the tax system.
Even the media have stated that there is no significant 527 activity on the side of the Republicans this election in part because Senator McCain does not encourage them, speaking out against the one negative state GOP sponsored ad that was run. However Democratic 527 groups have already begun airing attack ads against Senator McCain and Senator Obama has not spoken out against their actions.
So Senator Obama broke his promise "because"of what the Republican's MIGHT do yet is unwilling to control what left leaning 527s actually HAVE done?
Public financing inherently favours McCain - because he can loose the dogs of the 527s at Obama. He has already shown he is unwilling to reign in the 527s, while Obama has had at least one shut down and is promising more. Conservative 527s vastly outnumber and out-raise Democrat ones, so Obama needs the money to fight those 527s. Also, Obama explicitly said he would take public financing IF the two candidates could work out a compromise to limit 527s and other extra-party media sources not covered under campaign finance. McCain doesn't want to play that way, so Obama is NOT flip-flopping, he's sticking to the terms of his initial idea. Its not as cut and dried/black and white as you and others are making it out to be.
Public Financing
Don't you think it is better not to place a burden on the tax system?




