Newspapers across the country this week announced the end of Presidential public financing due to Sen. Hillary Clinton’s (D-NY) decision to forego it for her campaign for President. Well, it’s no wonder when the system hasn’t been updated since 1974 and the $150 million candidates are able to receive under the system is pocket change compared to what’s expected to be raised and spent by November 2008.  Check out Public Campaign’s analysis of the situation and what can be done to fix it so even those who can’t write $4,600 checks have a say in the political process.