Obama is about to repeat the lesson of Richard Nixon's Committee to Re-Elect the President. CREEP was big factor in Watergate. They had all that extra money floating around.
BARACK OBAMA isn't abandoning his pledge to take public financing for the general election campaign because it's in his political interest. Certainly not.He's abandoning public financing because he is committed to public finance. Typical double-speak.
Still it is change of a sort. Coming from a Chicago-machine politician, this isn't surprising.