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The democrats are doomed in the sense that they seem to think that this "rainbow coalition", which has failed many times in the past, and for reasons that are obvious to most common-sense people, is somehow going to work now.
Unless Mr Obama, who does have a lovely personality, makes a clear, firm, public vow - like on prime-time television during a debate - not to raise taxes (even, say, on people earning less than $200,000 - anything less than that is a pittance nowadays), then I would expect Mr McCain to win the presidency, regardless of the disasters of the Bush Administration, and the democrats to win Congress, though fall short of a 60-40 majority in the Senate, which is tantamount to a tie in Congress.
If all goes well, there will be gridlock in Washington and market forces will determine how the country evolves out of its current economic imbalances. But that still leaves monetary policy in the hands of the few kool-aide dispensing Federal Reserve governors, still a dangerous circumstance.
In the past two months, there have been special elections for three congressional seats. All three were in heavily Republican districts. All three had support from the national Republican machine, which campaigned on a strongly anti-Obama message, since two of the elections were in the Deep South: Louisiana and Mississippi.
The loss has already shaken establishment Republicans in Washington. After losing special elections in Illinois and Louisiana, the House GOP conference already expects a bad year for their party. But those two districts voted for President Bush by eleven and nineteen points, respectively, not by a whopping twenety five points. "People are going to want change," said a top aide to a leading House Republican. "The excuses, that [Davis] didn't have the resources or that he wasn't from the right part of the district, that's just not going to hold up."
My advice to Republicans: learn how to read approval ratings and to infer the meaning. The low ratings for Congress are a reflection of the public's anger over Republican obstructionism. Two years ago, the public voted strongly in favor of change. In the two years since, Bush and his bootlickers have steadfastly resisted the will of the people.
They'll be dealt with accordingly by the voting public in November.
Expect large Democratic gains in both the House and Senate.
Expect large Democratic gains in both the House and Senate.
That is certainly a very high probability.
The question is whether the democrats will win a 60-40 majority in the Senate.
Unless Obama wins a mandate (like 55% or more of the popular vote), anything less than a 60-40 majority in the Senate means a virtual tie in Congress, another tribute to the wisdom of the Founding Fathers (being made a mockery of by agencies like the Federal Reserve nowadays and a complacent Congress).
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