Obama Breaks His Word In Self-Interest

Obama broke his pledge to take public financing for the election if his opponent did. John Dickerson explains why this is worse than McCain's flip-flop on offshore drilling in the same week:

Obama's change of heart was more closely tied to his self-interest than McCain's. If he entered the public financing system, he would have denied himself hundreds of millions of dollars. Money is the mother's milk of politics. More of it allows Obama to better get out his message, organize, and send himself across the country. (He can even cook up a jazzy presidential seal for himself. Next: cuff links.) The self-interest that may motivate McCain's drilling proposal, by contrast, is more indirect. For McCain to benefit from his flop, voters have to believe in his drilling idea and then vote for him at least partly because of it.

Obama's is also exposed because he initially pledged to work against his self-interest on this very point. His promise to take taxpayer funds was always conditional—he'd do it if McCain did, too—but he and his aides said he would "aggressively pursue" negotiations with McCain to work something out. He even said he'd sit down with McCain to find a way. When it came down to it, though, the negotiations that took place don't qualify as aggressive. Obama's lawyer met with McCain's lawyer for a single 40-minute session. That was it. The Obama camp says they quit because it was clear McCain wasn't interested in a deal. But the evidence for this seems to rely in large part on interpreting McCain's position rather than probing and testing it through serious negotiations. Giving up after one meeting seems a little weak, particularly for a candidate who, in the foreign-policy context, says that he will never fear to negotiate.

The final problem for Obama is that he didn't spin his decision very well. He claimed that he had to refuse public funding because McCain was being supported by unregulated 527 groups while his campaign wasn't. That's not so. Right now, Democratic-leaning groups funded by unregulated donations are helping Obama more than Republican groups are helping McCain. Obama also claimed that McCain and the Republican National Committee were fueled by contributions from Washington lobbyists and special interest PACs. Factcheck.org labeled his claim a "large exaggeration and a lame excuse" for opting out of public funding.

Not too promising coming from the one who's supposed to change Washington.