McCain-Feingold will fade to insignificance shortly, along with Presidential election financing. Too much is at stake in 2008 to allow meaningful controls. Already the fundraising is insane, and there is no election of significance in 2007.
McCain's 2008 candidacy has been fatally crippled by Dubya's unexpected selection of McCain's own preferred strategy. Giuliani can not be excluded in an extraordinary circumstance such as this election, but it would be the first such nomination from the Republicans since Willkie in 1940. Romney is a typical haircut candidate of the type we know too well.
The right is waiting to be scooped up by Gingrich, who pretends to be waiting for someone to ask him to run. Since no one will, he will decide on his own to do so shortly, which will frame what could be a very close 3-way contest (McCain-Giuliani-Gingrich).
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