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I understand why he did it, but it almost seems hypocritical, particularly for a Democrat.
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I agree. He didn't do it because he didn't want money stolen from Americans in the form of taxes and then spent for his private campaign, (like Harry Browne) he did it so he wouldn't have any spending limits. Democrats and Republicans love not having limits on spending, lthough 99 times out of 100 that's with our money.