Obama’s Public Fianancing Pledge now Haunting him
Posted on April 9, 2008
Filed Under Campaign Finance, General Election
Barack Obama has quite the problem on his hand with this public financing pledge of his. Obviously he had no clue as to his fundraising prowess or the vast riches hidden in the netherworld of the internet when he made the pledge to publicly finance a general election campaign, for he would have never made such a promise knowing that he was ceding a huge advantage over John McCain. As one would expect of a politician, Obama has since gingerly backtracked on the pledge, assuming a non-comital stance. The problem is that Obama has raised all this money and inspired a cult like following by positioning himself as a new kind of politician. To go back on his pledge now would how that he is no different than the others and ultimately leave a legion of supporters disillusioned. In that case the millions of extra advertising dollars won’t do him a whole lot of good.
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