Edwards Accepts Public Financing

Just recently, we had a discussion about shortened election cycles which also led to considerations about public financing. Today, John Edwards became the first of the Democratic frontrunners to accept public financing.

Former Sen. John Edwards Thursday said he will accept public financing for his presidential campaign, and challenged his chief rivals for the Democratic nomination, Sens. Hillary Clinton and Barack Obama, to follow his lead.

"This is not about a money calculation," Edwards told CNN senior political correspondent Candy Crowley on his way to an event in Durham, North Carolina. "This is about taking a stand, a principled stand, and I believe in public financing."

Right on.