Last year, Barack signed a promise to accept public financing of his general election campaign if his Republican opponent did the same. Now it’s general election time and McCain has accepted public financing. Barack has refused, and some people are understandably pissed—they don’t like Barack going back on his word. But I think Barack made the right choice.
The reason is found within intent. Public financing gives each candidate up to $84 million in taxpayer money in return for forgoing private funds. The point is to severely limit the financial influence of special interests. Does it work? No—like cockroaches and rats, when it’s not the will of the candidate then tainted money finds a way in. Barack has already stated he hasn’t and won’t take money from special interests. Moreover, his campaign is unprecedented both its innovative fund-raising prowess and its grassroots support from small donations (55% less than $500, versus McCain’s 31%). He’s already fulfilling the intent of public financing and then some, refusing money diverted from other government programs in favor of legitimate interest from the American people. Combine that with the most successful fund-raising apparatus in history and refusing public funding is both ethically clear and pragmatically correct—everybody wins except the McCain Campaign.
But doesn’t this mean Barack is untrustworthy? I’d argue that’s a useless absolute. Politics isn’t black and white, it’s a constantly changing tableau where the current reality takes a front-row seat. Barack went far beyond the signature and considered context, intent, and impact—he found the pros outweighed the cons and made the smart decision. He didn’t hide anything—everything happened in plain sight. He realizes, regardless, that he’s gone back on his word; he’s prepared a clear and concise case for doing so and is prepared to defend it against detractors. Barack’s demonstrating exactly the sort of astute logic, judgment, wisdom, and pragmatism the American Presidency is sorely lacking, and for rational people he should come out smelling like a rose.

Recent Comments