President Obama has officially kicked off his 2012 re-election campaign, and don't Republicans know it. The president is expected any day now to sign an executive order that routs 70 years of efforts to get politics out of official federal business.

Under the order, all companies (and their officers) would be required to list their political donations as a condition to bidding for government contracts. Companies can bid and lose out for the sin of donating to Republicans. Or...