Holy hell, is he serious?

[Disclaimer: I'm currently undecided on which Dem. to support for prez.]

Why wouldn't he be serious?

An overwhelming majority of his supporters will vote yes. Then he has the political cover that he's simply "giving the people what they want."

But seriously, there's nothing whatsoever wrong with busting the spending cap. 100% of the blame does to Congress for passing a fundamentally broken campaign finance reform bill (McCain-Feingold.)

McCain-Feingold was broken becaue it doubled the maximum individual contribution from $1000 to $2000, which effectively doubled the amount of money Bush can raise from his cronies. At the same time, it did NOT double the spending cap one would have to obey in order to receive public money. Thus it made public financing completely untenable for serious candidates. Until that is fixed, any candidate who stays within the cap is foolish or broke.