Obama Sells Out

No, he and the fam didn’t pose for the Holiday J. Crew catalog.  Click the break to find out more.

 Back in 2007, Barack said that he would would accept public financing for the general election if he were the Democratic Nominee: “In February 2007, I proposed a novel way to preserve the strength of the public financing system in the 2008 election,” Obama wrote. ”My plan requires both major party candidates to agree on a fundraising truce, return excess money from donors, and stay within the public financing system for the general election. My proposal followed announcements by some presidential candidates that they would forgo public financing so they could raise unlimited funds in the general election. The Federal Election Commission ruled the proposal legal, and Senator John McCain (R-AZ) has already pledged to accept this fundraising pledge.”  However, today, he announced on his website that he will not accept the public funds and rely solely on private donations.  I think it is a smart move on his part, considering he raised almost $300 million during the primary season. He is “banking” on the fact that he can raise as much if not more for the general.  The public financing would restrict his spending to about $85 million.  However, from the above quote, is it possible that this is the first “flip-flop” from the Democratic candidate?  Let’s hope not.