14 May 2008

The problems with Hillary's campaign debt

Hillary Clinton's presidential campaign hasn't been raising nearly as much money as Obama's huge grassroots operation. In fact, her campaign is now $20 million in debt.

This makes me uncomfortable for two reasons:

1. George W. Bush has dug this country deep in debt by spending money we don't have on his $12 billion per month war. We don't need another president who is comfortable with a borrow-and-spend strategy.

2. This underscores the fact that private money can buy a successful campaign, and I'd much rather see publicly funded presidential campaigns. The latter are less likely to find themselves beholden to special interests.

But this is America, where capitalism rules, and where candidates are bought and paid for.

But is it a real democracy?

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