Obama says no to public financing of his campaign

Good:

U.S. Democratic presidential candidate Barack Obama said on Thursday he has decided to forgo public financing of his election campaign against Republican John McCain.

The decision frees him up to collect money privately, which could be a help to him strategically ahead of November's election. During the Democratic primary, Obama smashed records for fundraising, largely on the success he achieved in raising money over the Internet.

Here's the video from Obama announcing the decision.

John McCain can't be trusted when it comes to campaign finance. He already scammed the public finance system in the primaries. This is a very smart move by the Obama campaign.