Obama's 2007 pledge to use public campaign financing if he became the Democratic nominee can now be filed away as yet another "that-was-then-this-is-now" promise in the situational world of politics. What situation, you ask? Well, his money machine has proven itself eminently capable at truffling up huge sums of campaign cash --- the kind of moolah that will allow him to advertise and compete in states that otherwise are apparent locks for McCain. Meanwhile, Mister Campaign-Finance-Reform himself is stuck with his promise to stay on the public-funding dole, which limits him to "only" $84 million in general-election cash. Obama claims the current laws governing campaign financing are "broken" (sorta like promises, hey?) and that he's simply engaging in a flanking maneuver that won't give the upper hand to special interest 527s operating outside the finanacing laws. One such outfit -- Swift Boat Veterans for the Truth -- did considerable damage to John Kerry's 2004 presidential bid. On the other hand, though, Obama's decision might simply increase the volume and intensity of such 527 attacks |
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