Obama Busted by FactCheck.org

Factcheck.org busts Obama's claim about McCain's lobbyist and PAC money while trying to defend his flip on public financing of his campaign. Obama's claim was so outrageous that FactCheck called it "a lame excuse" and "a large exaggeration"

Obama announced he would become the first presidential candidate since 1972 to rely totally on private donations for his general election campaign, opting out of the system of public financing and spending limits that was put in place after the Watergate scandal.

One reason, he said, is that "John McCain’s campaign and the Republican National Committee are fueled by contributions from Washington lobbyists and special interest PACs."

We find that to be a large exaggeration and a lame excuse. In fact, donations from PACs and lobbyists make up less than 1.7 percent of McCain's total receipts, and they account for only about 1.1 percent of the RNC's receipts.

Waiting on the media to call Obama out on his most recent lie... still waiting.... still waiting.... oh never mind.