With Obama foregoing public funding, the system is at risk. “‘Obama’s decision may not be the death knell of public financing, but it certainly is close to it,’ said Anthony J. Corrado Jr., a campaign finance expert and professor of government at Colby College. ‘Public financing has become a system of last resort, rather than the jewel of the campaign finance system. Rather than being a source of funds, candidates accept public money kicking and screaming.'”

http://www.nytimes.com/2008/06/20/us/politics/20finance.html

See also: The Guardian (UK), The New York Times, USA Today, New York Daily News, Liberation (France), Los Angeles Times, Tehran Times (Bloomberg)

http://www.colby.edu/news_events/news_article/article.cfm?articleid=1450614