clipped from: theboard.blogs.nytimes.com   

There is no Plutocratic Party yet, but these are certainly boom times for rich people in politics.


When the parties go out recruiting candidates for Congress these days, they aggressively seek out candidates who can “self-fund” — that is, spend millions of their own dollars to win office.


At the start of this campaign season, at least 24 House candidates triggered the “millionaire’s amendment” in the campaign finance law — a provision designed to help level the playing field when a candidate runs against a rich opponent who spends a lot of his or her own money.


If you’re worried that Congress is becoming a rich person’s club, you may be interested to know that the Supreme Court has gotten involved — on the side of the rich candidates.


Last month, it struck down the “millionaire’s amendment,” part of the McCain-Feingold campaign finance law.


It’s too early to know if the winner will be a Democrat or a Republican. It looks like a lock, though, that he will be a millionaire.