Of all the potential perils to the new American republic, the prospect of concentrated power . . . troubled the intellectual leaders of the Revolutionary generation. Familiar as the founders were with old Europe . . . they understood why the accumulation of inherited wealth led to inequities and imbalances that inevitably corrupted any system of government.

Dozens of America's wealthiest taxpayers - including hedge fund legend Michael Steinhardt, super trial lawyer Guy Saperstein, and Ben Cohen of Ben & Jerry's fame - have appealed to President Obama not to renew the Bush tax cuts for anyone earning more than $1 million a year.

The irony is that what was supposed to be a great vulnerability of Hillary Clinton , which the Iraq war vote which she has acknowledged was a terrible mistake, has lent an aura of strength in a funny way.

Of all the potential perils to the new American republic, the prospect of concentrated power . . . troubled the intellectual leaders of the Revolutionary generation. Familiar as the founders were with old Europe . . . they understood why the accumulation of inherited wealth led to inequities and imbalances that inevitably corrupted any system of government.

I have never understood why the politicians who are most eager to send soldiers into harm's way are always depicted as their most ardent friends.

If you look at polls, Hillary Clinton is considered the toughest in a field of men. That`s no small victory for her going towards a general election.

Not surprisingly, some of the super-rich declined to join the Patriotic Millionaires when the Agenda Project reached out to them. At least two airily dismissed the Bush tax cuts for millionaires and above - which will cost well over $700 billion over the coming decade - as small potatoes.