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What does Obama's victory mean for public financing?

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EconomicLiberal Donating Member (554 posts) Send PM | Profile | Ignore Fri Dec-05-08 07:41 PM
Original message
What does Obama's victory mean for public financing?
Is it a thing of the past?

Will Obama's victory lead to far-reaching reforms to fix the public financing system? Or will the system just die?
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lapfog_1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 07:44 PM
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1. Well, despite the nasty press reports to the contrary
Obama WON with "public financing".

I hope everyone follows in his path. Then we can scrap the taxpayer version.
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EconomicLiberal Donating Member (554 posts) Send PM | Profile | Ignore Fri Dec-05-08 07:45 PM
Response to Reply #1
2. He didn't win with "public financing".
He won by opting out of the public financing system.
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 09:06 PM
Response to Reply #2
4. I think the poster meant that the..
public did finance his campaign, because of the amount of donations that came from small donors like me. If a candidate accepts public financing, and the PAC's and 527's run the show, it's still a matter of who has the most money wins.
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lapfog_1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 10:34 PM
Response to Reply #4
5. I figured the quote marks would be enough of a tip off.
guess not.

I donated about $200 total, maybe $250... I don't really know. I suspect that million(s) did the same or smaller.

Which is much better than taxpayer funded and much much better than PAC and lobbyist funded.
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:31 PM
Response to Reply #1
3. Nice twist, but no. It doesn't work. It squished that sucker flat. nt
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