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Obama's reversal on public financing

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Uploaded by on Jun 19, 2008

VLOGZ TV | 6 19 08
Senator Barack Obama announced that he would not participate in the public financing system for presidential campaigns. He argued that the system had collapsed, and would put him at a disadvantage running against Senator John McCain, his likely Republican opponent.

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.

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  • The differnce here is Obama keeps going on and on and on about 'change', and His supporters keep going on about this new type of politic. I see no difference whatsoever. Add to this it is a barefaced lie, yet His followers have developed a blind spot for His lack of change. Same old, same old, nothing new here, the only change he wants is down the back of your sofa.

  • In January 2007, he told Larry King that the public-financing system works. In February 2007, he challenged Republicans to limit their spending and vowed to do so along with them if he were the nominee. In February 2008, he said he would aggressively pursue spending limits. He answered a Midwest Democracy Network questionnaire by reminding everyone that he has been a longtime advocate of the public-financing system. (NYT)-- Surely you hold BO to a higher bar than McCain, Dereck. T

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  • Thats a misconception, it's:

    "the LOVE of money is the root of evil"

    money is NOT the root of evil, it's the LOVE and DESIRE for money that's the root of evil.

  • The change is that Obama is willing to do what is necessary to win the election you nitwits.Its not about ideological purity its about brining the troops home.Kerry took that money and when the swiftboating started he had no way to defend himself.A GOP that showed no honor in 2004 now expects Obama to foolishly rely on such honor in 2008. Gimmie a break.Obama just showed he's shrewd and I want that in a president.The ability to size up an opponent is a useful skill and Obama just showed why.

  • gs- "manic" ???? The last time I posted on this tread was a week ago. It took you that long to reply... and the best you got is calling my post "propaganda" without actually challenging anything I said.

    Pretty weak..dude.

    And, if you believe that our health care system can't be improved, provides good service at a fair price..that every other nation has a weaker system..and that any one who proposes change is a socialist...you sir,have been sucking hard on propaganda.

  • "I am not an Obamamaniac"

    Just your manic posting in this thread spouting propaganda shows otherwise.

  • Who gives a shit about the money. Americans are dieing in Iraq. If my brother goes in Iraq, I am Joining the Taliban!

  • it's ridiculous how Americans are so stupid that they don't understand Obama's agreement.

  • One question. What is all of this change I hear? I hear the word Change but I don't hear how this change is to manifest itself.

  • Money is the root of all evil

  • Hillary thought that her contributors who maxed out at $2,400 each, could match Obama's, millions of contributors, that donated less than $100 each.

    Now, John McCain faces this financial buzzsaw, and wants to whine about it. BooHooHoo!!

  • I'm sure he won't have any trouble raising money. All of Chicago must be anxious for him to be president. Wouldn't that help them clinch the deal on the Olympics? Imagine all the money that would bring into Chicago.

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