clipped from: www.guardian.co.uk   
The White House

The fight for the White House is a seemingly endless round of fundraising, photo-ops and arcane electoral procedure. Conor Clarke clears it all up

One of the great things about the US presidential election is that it never seems to end. In theory, it is held once every four years on a single Tuesday between November 2 and 8. (In 2008, it's November 6.) In reality, it amounts to several years of round-the-clock speculation, careful positioning, and fundraising. And then it starts all over again.