The Next Bailout: Public Campaign Finance

In the 2008 Presidential Election cycle, Barack Obama told us that he would limit his campaign funding to the Public Presidential Campaign Financing Plan.

The record reflects that he, um, misspoke.

As President, he pushed for bailouts for that segment of the economy that had overextended itself to the point of bankruptcy.

Now, we find a new segment of the economy, Incumbent Presidential Campaigns, vying for a bailout.

Maybe we will create a new, unprecedented bailout for campaigns that are too large to fail.

Did the Republicans force Obama to house his campaign in Chi-town?

Found - this lament in Politico’s Playbook of 7/20/2012:

ELEVATOR FODDER - "'Chicago' sinister word in campaign: Romney camp invokes a style of politics long associated with the city - cutthroat," by Bob Secter and Rick Pearson : "Republicans this election season have been attacking 'Chicago-style politics' with relish ... With Chicagoan Barack Obama in the White House and his hometown famed for cutthroat politics, it was perhaps inevitable that rivals would seize on guilt by geography to try to discredit him. The city's latest star turn as GOP villain began in recent days as Mitt Romney ... fumed while Democrats intensified attacks on his finances, tax returns and record as a private equity manager. 'Chicago-style politics at its worst,' the former Massachusetts governor and Bain Capital owner declared in a refrain quickly picked up by his campaign surrogates."

It seems that no one in Obamaland saw a problem with putting HQ in the city that brought us Rezko, Blagojevich and the Godfather of Democratic national Committee Convention public receptions, Richard J. Daly.