According to this AP report John Kerry thinks his biggest mistake is taking public financing during the general election campaign for president in 2004. The comments are just more evidence that the system is in deep trouble, and is likely to fall into disuse in 2008 unless Congress fixes it. I’m teaching about public financing in my election law class next week, and I just reread Michael Malbin’s terrific ELJ article on the subject, A Public Funding System in Jeopardy: Lessons from the Presidential Nomination Contest of 2004, Election Law Journal. Mar 2006, Vol. 5, No. 1: 2-22.