Thursday, October 23, 2008, 5:19 PM

Larry Norton on Patti Morrison Radio Show

605 Million Reasons That Publicly Financed Campaigns are Dead

From 89.3 KPCC FM, a Southern California Public Radio station:

It was an astonishing month of fundraising for Barack Obama, even by his already lofty standards: the Illinois Senator raised $150 million in September, far eclipsing the $84 million in public money that Sen. John McCain accepted for the entire campaign. Sen. McCain's reaction to Obama's record haul was to warn about future scandals and corruption in presidential campaigns. No matter which candidate you support, it's safe to say that the torrid fundraising by both Democrats and Republicans has severely damaged the model of publicly financed campaigns. Sen. Obama raised $605 million since he began his campaign last year—if you were in his place, would you sacrifice that sum for public finances?

Guests:

Thomas Mann, Director of Governmental Studies at the Brookings Institution; executive director of the American Political Science Association

Lawrence Norton, regulatory attorney at Womble Carlyle law firm in Washington D.C.; former general counsel of the Federal Election Commission

Listen to their discussion (download)...

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