Sunday, July 22, 2012

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.

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