Barack Obama saves the Federal Government $80m and John McCain loses $80m

Posted on June 19, 2008 by Reading on Walden Bookstore

Barack Obama rejects federal aid of $80,000,000 in his first major move as a presidential candidate. And what does John McCain do: he squanders away $80,000,000 on what will more than likely be a futile attempt to become President. Why not join Obama in saving the federal treasury this much needed cash. Together they save the government $160,000,000: just do the math. $80,000,000 + $80,000,000 = $160,000,000.

WASHINGTON — Senator Barack Obama announced Thursday that he would not participate in the public financing system for presidential campaigns. He argued that the system had collapsed, and would put him at a disadvantage running against Senator John McCain, his likely Republican opponent.

With his decision, Mr. Obama became the first candidate of a major party to decline public financing — and the spending limits that go with it — since the system was created in 1976, after the Watergate scandals.

Mr. Obama made his announcement in a video message sent to supporters and posted on the Internet. While it was not a surprise — his aides have been hinting that he would take this step for two months — it represented a turnabout from his strong earlier suggestion that he would join the system. Mr. McCain has been a champion of public financing of campaign throughout his career.

And who is the winner: the taxpayer. And think about this. Obama not only saves the federal treasury all this money, but he helps himself get elected President of the United States. Now that is what i call a two-for-one. Reading on Walden Bookstore.

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7 Responses to “Barack Obama saves the Federal Government $80m and John McCain loses $80m”

  1. fooser, on June 19th, 2008 at 2:16 pm Said:

    Now if he would promise he wouldn’t try for nationalized healthcare, and whatever other junk he has in store for us. The winner would be the taxpayer there too.

  2. Reading on Walden Bookstore, on June 19th, 2008 at 2:19 pm Said:

    But that would be an even bigger savings. The savings of a national health care plan: priceless.

  3. Mike O, on June 19th, 2008 at 2:31 pm Said:

    Reading, you are priceless. You turn a broken promise about public accountability in the election cycle into a cost-savings measure?? With the trillions Obama is promising to spend?

    When you put your stand-up routine on the road, let me know when you’re in my neck of the woods. I really enjoy humor and fantasy.

  4. Mike O, on June 20th, 2008 at 8:35 am Said:

    Even the Washington Post couldn’t stand the male bovine excrement of Obama’s explanation of this (and they have a high tolerance of it as long as the oder is coming from the Left).

  5. jslef, on June 20th, 2008 at 11:17 am Said:

    Obama’s decision to forgo public financing can only be viewed as a broken promise. This is not part of his larger plan. This is not some righteous crusade against public financing. This is selfish political maneuvering akin to the Clintons. I expected nothing more from Obama in that respect, but I hate how fan boys praise him when he goes against his own principles and public statements.

  6. Barack Obama saves the Federal Government $80m and John McCain …, on June 20th, 2008 at 12:14 pm Said:

    [...] Go to the author’s original blog: Barack Obama saves the Federal Government $80m and John McCain … [...]

  7. Kim, on June 25th, 2008 at 10:08 am Said:

    Public Financing money for the General Election is generated by the VOLUNTARY $3 checkbox on a person’s tax returns so it is NOT and NEVER has been a tax burden on the Federal Government, therefore your entire post is irrelevant.

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