Barack Obama has broken his pledge to fund his campaign with public financing, a promise he made last year if the Republican candidate also agreed to it. John McCain has offered to stay within the system, but Obama told supporters today he would abandon that offer. He offers three reasons for abandoning his position, but never fully explains why. One reason is because the McCain campaign and the RNC take lobbyist money, but how that differs from the DNC and their interests is left unexplained. He also says Republicans skillfully use 527s, which has nothing to do with public financing, and Democrats have their own 527s and excelled at using them against the GOP in 2004 with big donors like George Soros. Finally, Obama declares the system "broken" but never says why he hasn't done anything in his three years as Senator to fix it.
Obama feels that he can raise more money outside the system than within it. He may blame McCain, the weather, or the alignment of the planets, but it comes down to the money. His reasons for abandoning public financing have nothing to do with the examples he cited.
UPDATE: From April of this year:
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