That means you, Hayward.
I have been making the argument to students that Barack Obama’s extraordinary fundraising success has forever raised the bar for presidential candidates and completely destroyed a public financing regime that he (and his opponent) allegedly favored. In the future, only candidates who demonstrate the capacity to raise this kind of money will be taken seriously.
Public financing will come to be regarded as only being for losers, like Dennis Kucinich. (And...?)
Never mind that Obama made a promise when it was politically advantageous and broke it when it was politically advantageous. (He’s different from other politicians, to be sure, but only inasmuch as no one seems to hold him accountable for his previous undertakings.)
Am I right about this? Will public financing die a quiet death (along with one of its principal advocates, who shall remain nameless)? Or will Democrats, once firmly ensconced in the White House and both branches of Congress, repent of their sins and seek to protect us from this year’s excesses, thereby insulating incumbents from the perils of well-financed challengers?