“I’m saying that history shows us where unlimited amounts of money are in political campaigns, it leads to scandal … this is the first since the Watergate scandal that any candidate for president of the United States, a major party candidate, has broken the pledge to take public financing. We enacted those reforms because of that scandal,” McCain said.
Indeed, contributions to Obama far outdistance those of McCain, who kept a pledge to use the public financing system employed by all previous presidential candidates since the Watergate-era reform was enacted.
[...]
The Obama campaign hopes his fund-raising prowess will translate into votes, and it is doing its best to spend the money smartly.
Sure they will. He has ACORN on his side.
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