McCain Hypocrisy on Obama’s Opt-Out Decision

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The McCain campaign has sharply criticized Barack Obama’s decision to become the first general election presidential candidate since the 1970s to opt out of the public financing system, a decision Obama can afford because of his stunning success with hundreds of thousands of low-dollar donors. As David notes at the link above, the McCain campaign said Obama’s decision “undermines his call for a new type of politics.”

But McCain, a longtime foe of Big Money in politics, once had a friendlier view of presidential fundraisers like Obama.

Here he is on the Fox News show “On the Record,” in January 2004:

“I think it’s wonderful that Howard Dean was able to use the Internet, $50, $75, $100 contributions. That’s what we want it to be all about. We want average citizens to contribute small amounts of money, and that’s a commitment to a campaign. So I’m for that. I think it’s a great thing. I think the Internet is going to change American politics for the better.”

And here he is on MSNBC’s “Hardball,” in June 2004:

“The Internet is generating more and more people involved in the political process with relatively small campaign contributions, $50, $75. That’s wonderful. No longer can an office holder call up a CEO or a trial lawyer or a union leader and say, I need $1 million. And, by the way, your legislation is up before my committee again.”

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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