"So it goes in the Kabuki theater phase of campaign 2012 in which none of the leading candidates will admit they’re candidates, their donor pitches and stump speeches are couched – sometimes barely – in the conditional, credulity straining denials such as Fehrnstrom’s are part of the press secretary’s vernacular, and an innocuous-sounding phrase such as 'testing the waters' has far-reaching legal implications."
Kenneth P. Vogel of Politico has more here.
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