The Associated Press is reporting that federal authorities are investigating whether losing Delaware Senate candidate Christine O'Donnell (R) violated campaign finance laws by using campaign money to pay for personal expenses. This isn't the first time she's been the focus of authorities for campaign finance irregularities.

Delaware's News Journal isn't looking forward to the first $1 billion dollar presidential race and a line of candidates with their hands out: "You can imagine the promises they are making and the debts they will owe." Yes, indeed. But while the paper is right to call for disclosure of the high-powered bundlers behind the mega-fundraising numbers they're wrong to say that it's the best we can hope for.