The news that the three top Democrats have outraised the three top Republicans by a total of $15 million is very significant. It indicates that those inclined to give to Democrats are opening their wallets bigtime while Republican donors are profoundly wary. It’s an indication of an intensity gap between committed Dems and committed Republicans. This can change — after all, these are only numbers for the first quarter of 2006. An exciting race on the GOP side could cause a lot of money to shake free in the fall and winter, when it will be most needed. But this is yet another data point to suggest there has been a GOP meltdown since 2004 and only a really vibrant GOP campaign leading to a very formidable and stimulating nominee can turn things around.