Can you believe this shit?
"It's not just the limitation of dollars when you accept public financing, it's the limitations that go with that spending," said Tad Devine, a senior strategist for Senator John Kerry's presidential campaign in 2004. Devine added that choosing to accept public financing was the Kerry campaign's single biggest mistake because it limited the campaign's resources.
Bullshit. The biggest problem with Kerry's campaign was the fact the GOP stole the election that he won.
In any case, this left open the door for the other side to be for "clean campaigns" by taking public financing for the general election. McCain decided to do it, and he and the GOP have plenty of money to compete in this campaign. Obama, it is rumored, is struggling. Well, no wonder. Many of the Clinton donors refuse to give a dime to him thanks to the treatment she received in the primaries.
More:
The Obama campaign set a goal in mid-June of raising $300 million for the campaign and about $150 million for the Democratic Party over four-and-a-half months, fund-raisers said. As of the end of July, however, the Obama campaign was well short of the $100 million a month pace it had set, taking in about $77 million between the campaign and the party that month.
It is not yet clear whether the Obama campaign will be able to ratchet up its fund-raising enough in the final two months of the campaign to make up the difference.
Once Obama goes down to defeat, let's hope the DNC finally acts like Democrats and quits falling sucker to schemes like jettisoning public financing. There is a reason for it.