"The move was widely expected given Obama's record-smashing fundraising in a presidential campaign that will be the most expensive in U.S. history.
The Illinois senator, said last year he would take general election public funds if his Republican opponent did the same."
Obama rejects public financing against McCain | U.S. | Reuters
Even worse, it seems as if Obama's campaign lied about discussing it with McCain's campaign.
"Obama had said for months he would talk to McCain about an arrangement on financing, but his campaign said a meeting between lawyers indicated there was no basis for further discussions.
McCain lawyer Trevor Potter said there were no negotiations on the issue with the Obama camp."
Obama rejects public financing against McCain | U.S. | Reuters
"Last year, Obama filled out a questionnaire where he vowed to 'aggressively pursue an agreement with the Republican nominee to preserve a publicly financed general election.'
But since clinching the Democratic nomination earlier this month, Obama has not broached the subject with McCain. The only
discussion occurred about two weeks ago between Obama's and McCain's lawyers,
Obama lawyer Robert Bauer said he discussed the public financing issue for 45 minutes on June 6 with McCain counsel Trevor Potter. In interviews and e-mails, both Bauer and Potter agree that Bauer raised concerns about McCain having a head start because he had secured the nomination in early March and Obama did not until June 3. Potter said he told Bauer that given Obama's fundraising 'I was sure there would be no McCain advantage by the end of the summer.'
That meeting, Potter said, 'was not part of any negotiation' on public financing.
'There was no aggressive pursuit of negotiations with the McCain campaign, there was no pursuit, period, of negotiations with the McCain campaign,' Potter added later in a conference call with reporters.
At a breakfast with reporters Thursday,
Bauer said that after his meeting with Potter, 'It became clear to me, and I reported to the campaign, that there really wasn't a basis for further discussion.'
Obama bypasses public money — 1st since Watergate - Yahoo! News
Obama agreed to public finance and now has backed off. Another sign of his two faces.