"Voters are bracing for the longest and most expensive presidential race in American history. The 2008 campaign will last two years and top $1 billion, and most candidates plan to cover the rising costs by ditching public financing so they can sidestep spending limits. For the first time since Watergate, private donors will likely supplant public funding for the entire election. That means America's most expensive campaign may also be its least accountable, with a small group of multimillionaires exerting huge influence over which candidates are allowed near the White House. Think Jack Abramoff on steroids."
http://www.thenation.com/doc/20070326/melberNOTE: The thread title is rhetorical.
