Clinton set the precedent. Bush continued the practice, And it appears now that Obama is perfecting it.

I'm talking about selling access to the White House in exchange for cash - a lot of cash. Matthew Mosk of the Washington Times reports:

During his first nine months in office, President Obama has quietly rewarded scores of top Democratic donors with VIP access to the White House, private briefings with administration advisers and invitations to important speeches and town-hall meetings.

High-dollar fundraisers have been promised access to senior White House officials in exchange for pledges to donate $30,400 personally or to bundle $300,000 in contributions ahead of the 2010 midterm elections, according to internal Democratic National Committee documents obtained by The Washington Times.

One top donor described in an interview with The Times being given a birthday visit to the Oval Office. Another was allowed use of a White House-complex bowling alley for his family. Bundlers closest to the president were invited to watch a movie in the red-walled theater in the basement of the presidential mansion.

Mr. Obama invited his top New York bundler, UBS Americas CEO Robert Wolf, to golf with him during the president's Martha's Vineyard vacation in August. At least 39 donors and fundraisers also were treated to a lavish White House reception on St. Patrick's Day, where the fountains on the North and South Lawns were dyed green, photos and video reviewed by The Times and CBS News also show.

Presidential aides said there has been no systematic effort to use the White House complex to aid fundraising, though they acknowledge the DNC has paid for some events at the presidential mansion.

Clinton famously sold nights sleeping in the Lincoln bedroom. But Bill was a piker compared to Obama. He let the bedroom stay go for only a few thousand.

Now Obama has the right idea. Maximize your assets. Getting $300,000 grand for the party just by giving a little face time with the president is just smart thinking. And the possibilities for 2012 are endless.

Hat Tip: Ed Lasky