The Rich Feeding the Rich

Excerpt from Today's NY Times:

There's nothing like having a few friends over for a cocktail or two," President Bush told more than 1,200 Republicans who paid $2,000 apiece last week to begin what will be a record-breaking binge of Republican money-raising. The president's gratitude went over well with the Washington crowd, who ponied up $3.5 million. Even more, it underlined the extraordinary gilded age of fat-cat politicking that has befallen the nation with the intersection of Bush tax cuts favoring the affluent — $1.7 trillion worth and counting — and the start of the president's phantom primary campaign season.

With no G.O.P. challenger in sight, Mr. Bush nevertheless will easily raise as much as $200 million in primary money for his re-election coffers, much of it from the warm-hearted supporters benefiting most from his deficit-financed tax cuts. This is revenue synergy of a high order that promises only to intensify. Party strategists boldly promise that, the nation's mounting debt notwithstanding, each year of their continuing incumbency will feature even more tax-cut pressures.