Red Hot Funding: Election 2008 Goes Private

Updated just 3 minutes ago, the New York Times reports that Senator Hillary Clinton has elected to eschew public funding of her 2008 Presidential campaign, fully confident that she can raise far more in private monies than the $150 million that would be granted her by the public election funds without those pesky spending limits.

Word on the street has it that Senator John McCain, Hillary's opposite member from the Republican line-up is seriously considering doing likewise. The former champion of campaign finance reform just took his name off a bill that would expand the presidential public financing program.

Now that's interesting...