Quote from 2cents:
how about a McCain + Obama ticket... think McCain wldn't do it? think Obama wldn't do it? what if they do...
these guys just gotta break ranks and run together... they've got the right stuff...
http://www.bloomberg.com/apps/news?pid=20601070&sid=a13PlJXInKPQ&refer=home
Obama, McCain Make Pledge on Campaign Funds, Pressuring Others
By Kristin Jensen
March 2 (Bloomberg) -- Democrat Barack Obama and Republican John McCain pledged to accept public financing of the 2008 presidential election if they win the nominations of their parties and their opponents agree to do the same.
The two U.S. senators reacted yesterday to a ruling by the U.S. Federal Election Commission that candidates can solicit donations for a general campaign and still qualify for a public grant by returning the money later. Obama, who requested the opinion, said he will keep the funds in a separate account.
The moves may shore up the three-decade-old public funding program, which was in danger of collapse as candidates opted out to avoid spending limits. Democratic frontrunner Hillary Clinton led the way in rejecting the system by beginning to raise funds for the general campaign right away.
``This is now a real issue in the 2008 presidential campaign,'' said Fred Wertheimer, president of Democracy 21, a Washington-based group that is calling on all the presidential hopefuls to agree to do the same. ``Every presidential candidate is going to have to deal with it.''
Obama's campaign took the first step yesterday, saying the Illinois senator would ``aggressively pursue an agreement with the Republican nominee to preserve a publicly financed general election'' if he were to win. McCain's campaign then issued a statement saying McCain also would accept public funds if he were to win the nomination and the Democratic nominee agreed.
Watergate
The public finance system was created after the Watergate scandal as a way of reducing the influence of big donors. While McCain, of Arizona, sponsored a 2002 law intended to rein in campaign fund raising, he hadn't yet committed to taking public funds to salvage the federal financing system.
Clinton's campaign is considering a change in its position after the FEC ruling, spokesman Phil Singer said. Former vice presidential candidate John Edwards, another top Democratic hopeful, said he won't make a decision at this time.
``The Republicans will stop at nothing to hold on to power,'' deputy Edwards campaign manager Jonathan Prince said. ``We'll make a decision at the time about the best way to ensure we have the maximum possible resources to win.''
Rudy Giuliani, the former Republican mayor of New York, hasn't made a decision on federal financing yet, though he will now start raising money for the general campaign, said spokeswoman Maria Comella. Kevin Madden, a spokesman for former Republican Massachusetts Governor Mitt Romney, said his focus ``remains on the primary'' though the ruling ``expands the universe of available financing options.''
Public Money
Until now, every major party presidential candidate has participated in the federal financing system since it began. It offers matching funds in primary campaigns and a one-time grant in the general campaign, funded by Americans who tick a box on their tax returns sending $3 to the program.
The problem is the public money isn't keeping pace with the amounts candidates can raise on their own through big fund- raisers or Internet appeals. FEC commissioners said they voted to allow Obama more flexibility to try to preserve the program even if the ruling raises more questions later.
``The public funding system rests on a very fragile base,'' said Hans Von Spakovsky, one of the three Republican FEC commissioners. He and fellow commissioners approved Obama's request on a 5-0 vote, with Commissioner Michael Toner absent.
Under federal law, an individual may donate $2,300 to a candidate for the primary campaign and the same amount for the general election, as long as the candidate doesn't accept public funding. The second donation must be returned if the candidate doesn't win his or her party's nomination.
2004
In 2004, Democrat John Kerry and President George W. Bush opted out of the public financing system in the primaries. They accepted the $75 million general election campaign grant and agreed to abide by the corresponding spending limit.
In this race, analysts expected the Democratic and Republican candidates to each raise and spend $250 million in the general phase of the campaign. Clinton, 59, a New York senator, began raising the maximum $4,600 donation for the primary and general campaigns from the start.
The pledge by Obama, 45, and McCain, 70, ``really opens the door,'' Wertheimer said. ``We can transform the presidential general election from one that was going to involve $500 million being spent in private funds to an election that will be financed fully with public funds.''