He offers a dishonest rationale for breaking his pledge to participate in the public campaign financing system. (Via Time and Hot Air Headlines.)
The obvious conclusion is that Obama was willing to go whichever way would allow him to raise more money than the Republicans. He promised to stick to the public-financing system (which caps his contributions at about $85 million) because it sounded good at the time. Now, ignoring the millions that Soros & Co. have pumped into Democratic 527s, he breaks his pledge, claiming that Republicans are going to use 527s to gain some sort of unfair advantage. Unbelievable.
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