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Money Primary

Reuters reports:

If recent history is any guide, Howard Dean may have locked up the presidential nomination at midnight on New Year's Eve when he became 2003's best-funded Democratic hopeful, a public-interest group said on Wednesday.

Research into campaign funding by the Washington-based Center for Public Integrity shows that since the mid-1970s every party nomination has gone to the candidate who raised the most money the year before the election and qualified for federal matching funds.

The center is a nonprofit group that conducts independent research into issues of public interest including government accountability.

"It's true for both parties," said Charles Lewis, the center's executive director and author of the book "The Buying of the President 2004" (HarperCollins), which charts the role played by money in modern presidential politics.

I know. It was a surprise to me too.