Obama will be the first candidate of either party ever to turn down public money for the fall campaign. He's counting on his new, Internet-driven strategies for raising cash.
"We've won the Democratic nomination by relying on ordinary people coming together to achieve extraordinary things," he told supporters in a video Thursday.
That's true of Obama's 1.5 million donors today. But Fred Wertheimer, head of the watchdog group Democracy 21, says it didn't start out that way.
In 2007, when Sen. Obama was raising the money that was essential for him to become a serious candidate, "54 percent of his contributions came in contributions of a thousand dollars or more, and much of that money was raised by bundlers," he says