Somebody please 'splain this public campaign financing thing if you can..

[snowbear]

Let's see..

McLoser accepts public campaign financing..

Obama opts out of public campaign financing..

McAsshole receives $84.1 million in public financing money..

McAsshole just raised $50 million in his biggest month yet..

So how does this work?!?!

You mean that McDirtball can collect that $84.1 million... plus he can still raise as much as he wants to each month until the election?

Or.. how does that work..

I thought that one of those options was supposed to be more beneficial than the other?

What am I missing?

[midnight]

1. Good question.....

Wish I had the answer.

[cali]

2. As of his acceptance of the nomination, mccain cannot raise

money that goes directly to his campaign. He can raise money for the RNC.

[snowbear]

4. Really?

..The media was blabbing on about how he raised $50 million..

So that money honestly goes to the RNC and he doesn't get any of it?

BTW..

Speaking of money.. Bloomberg news is reporting that Obama should be announcing his take from last month soon too, and that it could break his prior record of $55 million in one month.

Or so they say --> http://www.bloomberg.com/apps/news?pid=20601070&sid=auPofEVcBXrs&refer=home

[cali]

7. that money was raised prior to his nomination

[fasttense]

3. Silly you, you thought the Republicon would follow the law.

Don't you know the law is for us little people (and any Democratic candidate).

[snowbear]

5. Yeah.. I'll bet you're right...

The day they follow the law will be.. ...

... actually.......

..it will be NEVER.

[democracy1st]

6. here's a link that explains everything

Amy Goodman

http://www.democracynow.org/2008/6/23/the_future_of_public_campaign_finance