Once again from Media Matters:
There has been a fairly big stink lately about Obama opting out of public financing in this election. His reasoning seems pretty right on to me: 1. He can raise far more money from small donors the way he has been than he could get under the public finance rules. 2. The big money interests that stand against him are free to spend unlimited amounts to oppose him. These big money interests will not be attacking McCain therefore giving him a huge advantage even though his campaign itself will be raising less money.
A bigger problem with the big stink being made in "the media" is that McCain did the same flip-flop though in his case he backed out after he had legally accepted public financing. And true to Republican style, this may be a crime that could put Mr. McCain in prison. Oddly enough this is not being reported by the press for the most part, especially considering the amount of blithering that is coming from the pundit class about Obama openly backing away from public financing in a legal manner.
And the right wing press has gone so far as to state that no 527's have attacked Obama while there have been at least four ads released already. It would appear that the media covering McCain is so enamored of him they feel disinclined to point out the hypocrisy (and possible criminality) of his own tinkering with campaign finance. This from the man that co-wrote the current legislation! It must be nice enough to be able to write loopholes into the law for yourself, but even better if you can just ignore the law that your wrote. Ah, to be a Republican and be free of all ethical and moral values.
Saturday, June 21, 2008
Vast Right Wing Conspiracy
Labels:
527,
democrat,
democratic,
flip-flop,
McCain,
money,
obama,
public financing
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