10/17/2008 05:12 am ET Updated May 25, 2011

Another Swift Boater Won't Attack Obama

Another veteran of the Swift Boat campaign against John Kerry has indicated he will not participate in financing ads attacking Democrat Barack Obama.

Already, Texas oilman T. Boone Pickens said in interviews that he would bow out to pursue a campaign to end the nation's dependence on foreign oil. Now a second major donor, Texas billionaire Sam Wyly, who has given about $10 million to Republican candidates and causes since the 1970s, has said publicly he will not participate in independent group efforts to tarnish Obama this year.

A number of veterans of the withering ad campaign against Kerry in 2004, which was sponsored by the Swift Boat Veterans for Truth, are trying to reorganize in the final weeks of the 2008 campaign through the American Issues Project, The Post reported over the weekend. But in an interview with the Associated Press published this morning, Wyly was asked if he would finance another Swift Boat-type campaign this year.

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