At the very least, it makes it MUCH more difficult to criticize Obama for waffling on public funds. First Read’s summation of the story — “that McCain very well might have to abide by spending limits before the GOP convention” — stems from a loan agreement the McCain campaign signed during the primary season that could have forced him to remain in the race — even if he had no chance of winning — in order to be eligible for public matching funds to repay the loan. The McCain campaign took out a loan from the Fidelity & Trust Bank in Bethesda, Maryland. From the John McCain 2008 Inc. The loan was modified but still included a provision that could have required McCain under certain conditions to “remain an active political candidate and . Read More