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Originally Posted by SirSeymour
...I thought we were talking about financing his campaign and his opting out of accepting public money for it. Did I miss something?
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Here is what Obama pledged:
In February 2007, I proposed a novel way to preserve the strength of the public financing system in the 2008 election. My plan requires both major party candidates to agree on a fundraising truce, return excess money from donors, and stay within the public financing system for the general election.... I will aggressively pursue an agreement with the Republican nominee to preserve a publicly financed general election.
If you look deeper into his plan, it involved both candidates agreeing to public financing by the candidate AND voluntary limits on fund raising by the DNC and RNC, particularly soliticing big money donors, on behalf of the respective candidates (in part for self-serving reasons since the RNC has historically been much better fund raisers than the DNC).
And here is what happened:
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Robert Bauer, general counsel to the Obama campaign, said ...that he met with his counterpart on the McCain campaign, Trevor Potter, but by the time they met, it was clear to him the McCain campaign was already well into its own private-funding plan in conjunction with the Republican National Committee (RNC).
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