Campaign Money Watch Backs Public Financing of Elections and Barack Obama

The Chicago Daily Observer reports:

It may seem a bit odd that an organization dedicated to the public financing of elections would go after McCain, the only candidate who actually decided to take public financing for his campaign. Obama’s explosive fundraising, meanwhile, is being blamed by some for the imminent demise of the system.

But David Donnelly, director of Campaign Money Watch, explained to us a while ago, “Our view is that the current system is broken. Candidates are going to fund their campaigns in whichever way they think will bring them to victory.” For Donnelly, the question is, “Which candidate has pledged to make fixing the presidential system a priority?” His answer: “Obama has.”

Yes, you read that right, Campaign Money Watch is backing Sen. Obama because he says he is for Campaign Finance Reform, not because he practices Campaign Finance Reform.

Imagine that.