The particulars of what Barack Obama actually "pledged" to do on public financing notwithstanding, it's pretty clear that what coverage there has been of this issue assumes it's an ironclad pledge. Obviously, it would be of great benefit to Obama to opt out of the system, because as of now it appears he'd be likely to raise far more money than John McCain. So how can he opt out and still save face?
Now that John McCain is the all-but-certain Republican nominee for president, there is one thing we know for sure about how the general election will play out: The Democrat is going to be at a serious disadvantage in the media. This will be true even if that nominee is Barack Obama, who has gotten better coverage thus far than Hillary Clinton. Reporters find his candidacy a compelling story, but that attraction has its limitations. When it comes to John McCain, however, it's pure love.