What does Obama's victory mean for public financing?

[EconomicLiberal]

Is it a thing of the past?

Will Obama's victory lead to far-reaching reforms to fix the public financing system? Or will the system just die?

[lapfog_1]

1. Well, despite the nasty press reports to the contrary

Obama WON with "public financing".

I hope everyone follows in his path. Then we can scrap the taxpayer version.

[EconomicLiberal]

2. He didn't win with "public financing".

He won by opting out of the public financing system.

[stillcool]

4. I think the poster meant that the..

public did finance his campaign, because of the amount of donations that came from small donors like me. If a candidate accepts public financing, and the PAC's and 527's run the show, it's still a matter of who has the most money wins.

[lapfog_1]

5. I figured the quote marks would be enough of a tip off.

guess not.

I donated about $200 total, maybe $250... I don't really know. I suspect that million(s) did the same or smaller.

Which is much better than taxpayer funded and much much better than PAC and lobbyist funded.

[Captain Hilts]

3. Nice twist, but no. It doesn't work. It squished that sucker flat. nt