Campaign '08: The Establishment's Pick?

Republicans, unlike Democrats, like to anoint their presidential candidates early. The leading indicator is often the G.O.P. moneymen, who rush to get into the game at the first whiff of a winner. In 1998 and '99 they got behind a newcomer Texas Governor and made him the early, formidable favorite for the 2000 race. Now, although it's two years until the first primary contest of 2008, a surprising number of those very same people seem to be settling on a most ironic choice: Arizona Senator John McCain, George W. Bush's bitter adversary in 2000 and a mischiefmaker whose name has become...

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