Perhaps bolstering his argument that he wants a purely people-funded campaign, Barack Obama has succeeded in getting progressive group MoveOn to abandon its 527 arm. It will still raise money as a PAC, however, with more restrictions.
In 2004, MoveOn's 527 group spent $20 million. A spokesperson for the group told Talking Points Memo: "This is an affirmation that we, like Senator Obama, believe that this election can be won by ordinary Americans giving small donations."
That will be MoveOn's challenge, as it will no longer be able to raise large amounts from labor unions and max-ed-out individuals whose donations exceed $5,000 limit.
This seems like a smart move. Since Obama has proven successful with small donors, the moral pressure is now on McCain to reject 527s. If McCain cannot persuade his 527 supporters, Obama will still come out looking like he's in control of his more positive movement.
But do you think people will still be upset by Obama's abandonment of the public financing system, a decision that some say proves Obama is just like very other politician?