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I don't know about "stepping away from principles". Did you actually see his announcement? It's being positioned as a highly principled move. Obama is the first candidate since the inception of those public funds after Watergate to decline them, because he says the system is broken and invites third party (what is it, 549? some number I'm too lazy to look up) groups like the Swiftboaters to circumvent the system and run attack ads on lobbyist money. He's inviting donations for the first campaign ever run that is outside the broken system. That's what he's saying.
I guess the fact that he can now clobber McCain financially doesn't hurt...
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