Monday, November 05, 2007
Wall Street going Dem
Believe it, says the WSJ. This article's about a month old, but I missed posting it before, and it's a central theme to this year's election cycle, which is increasingly busting up and reformulating the political map.
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2007
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November
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- The sinking ship that is billary
- It is time
- This one's for DC
- There are unfortunate events,
- Casting Call: Sabotage
- Dems: Party of the Rich
- Why Politicians Suck
- McCain: Wise
- Get ready for a crazy stretch drive
- Billary
- Freddoso on NRLC & Thompson
- National Right to Life Committee-PAC Endorses Fred...
- Just what I needed
- The State of Our Monuments
- Casting Call: LA Confidential
- I guess we know who Washington, Jefferson, and Lin...
- Huck gets off a few one-liners
- NRO on Tancredo's bid
- Continetti on McCain v. Giuliani
- Lieberman rips Dems
- McCain-Giuliani lovefest is over
- On Hill's "Piling on" complaint
- Kerik Indicted
- I hate these "distraught trader" pix
- The Devil Came Down to Church...
- The "Don't Taze Me, Bro" Candidate,
- Latest and greatest
- Flashback
- Meanwhile, in the meaningful endorsement category...
- More Robertson Reax
- Robertson Endorseman Reax
- Ru-dy! Ru-dy!
- More Billary Shenanigans
- Put a fork in him
- Wall Street going Dem
- For those of you who are interested in Economics,
- Just to whet your appetite
- Right direction
- Johnny Mac finally just comes out and says it
- I think they're on to me
- So I used to think...
- Wow
- The results are in
- Really??
- When you're hot...
- Romney on Technology
- Current Intrade quotes
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November
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2 comments:
There is no question that a 3rd party candidate who is business savvy and pledges a strong focus on cutting taxes and spending would kill the Republicans chances in '08. This is the risk of a Bloomberg (or similar) run.
Republicans have shot themselves in the foot with fiscal conservatives by running up spending under Bush, and Bush's failure to appear in control or a strong leader. FiCons want someone who is in control, will cut taxes and spending, and articulate his positions well. They also want someone who will try to maintain as good relations with foreign countries as possible (to help them when they do business overseas). Bush has been solid on taxes but not on the rest.
I don't think FiCons will care if the nominee also has a strong SoCon agenda, so long as a balanced budget with lower spending is also clearly a priority. This is where I think Mitt could be the candidate to unite all elements of the party, assuming Evangelicals can get on board to vote for him.
At the end of the day though business often supports what's best for business, meaning they will back whoever is in power and whoever they think is likely to win. So if Republicans show signs that they could win general election, I expect a lot more Wall St. dollars to flow to them.
Which is why a Bloomberg run for NY gov would be a win-win: it keeps him out of '08 prez race, and potentially unseats Spitzer who is the worst. I honestly think I'd take any of the current Dem candidates for president over Spitzer as a political leader any day.