Also see: Where Your Campaign Contribution Goes
Putting Money on the Presidential Race
"Public funding of campaigns at crossroads; Revisions still leave flaws, analysts say" by Brian C. Mooney, Globe Staff | November 1, 2008
Public financing of presidential elections is on life support, and Barack Obama, a Democrat who has always embraced the concept, appears to have pushed the program nearer to extinction.
Actually, I don't even like public funding; taxpayers already pay for enough, they don't need to be paying for campaigns, too, especially when their is no taxpayer bailout for them!!
As the first major-party candidate to forgo public financing for the general election since the reform measure took effect in 1976, Obama has continued to raise private funds at an astounding, record-smashing rate.
With the election only four days away, he was still pitching yesterday with a new gimmick, a blast e-mail soliciting new donations with a promise of prime seats at his planned, massive Grant Park rally Tuesday night in Chicago for five individuals who make their first donation to his campaign. Not only that, "We'll fly you in and put you up in a hotel for the night," Obama said in the e-mail.
Couldn't that $$$ be used for something better?
As of Oct. 15, his campaign had raked in $639 million and is on pace to exceed $700 million."
Read more about the cesspool HERE