Sen. Barack Obama last week announced he will not accept public financing for his presidential campaign —is he a special interest sellout or wise guardian of tax dollars?
Sen. Obama, the Democratic presumptive nominee, had earlier pledged to accept public financing, which comes with spending limits and rules. In the announcement about his change of course, Sen. Obama said the current public financing system is flawed because political parties and interest groups go around the rules. Skeptics say the decision came when Sen. Obama realized he could raise and spend far more money than Sen. John McCain. Is taxpayer financing of presidential campaigns over? Should it be? Do you check off the public funding box on your federal tax return? Why?
Public vs. private campaiign financing
You shouldn't be able to buy the presidency. Too much of both public and private financing of presidential campaigns is wasted on slick advertising and packaging of the candidates. I'd much rather see all of the candidates get down and dirty on some kind of imaginative month long TV reality/game show so we get to know what makes them tick and how good they would be at actually doing the job of president. Wouldn't you at least like to see Sen. McCain and Sen. Obama square off on "Jeopardy"? It should be a competition, not a telethon.