New York Sen. Charles Schumer must be feeling pretty giddy these days. As head of the Democratic Senatorial Campaign Committee, the New York Democrat may be on the verge of delivering a filibuster-proof majority for his party with potential pick-ups in such formerly reliably red states as Virginia, Kentucky and Mississippi. But now he's gone even further predicting that his party's presidential candidate Barack Obama would capture the White House with more than 300 electoral college votes. That's huge.That's 30 more than Obama needs to win. By contrast, George W. Bush beat John Kerry in 2004 in the electoral college by 284 to 251. I am not sure whether any president has won the White House by such a large margin. But even by the standards of political hyperbole, this is a pretty grandiose claim. What's more amazing is that Schumer's Republican counterpart, John Ensign of Nevada, more or less agreed with him.
Speaking at the same National Press Club event as Schumer, Ensign said, "I don't think that there's any question that it's a tough election atmosphere for Republicans." The Republican went on to say that it's "possible" that the Democrats would win 60 seats. Faint praise for Republican candidate John McCain indeed.
Remarks like that probably send shivers up the spines of economic conservatives. The Wall Street Journal has warned about the dangers of the Democrats gaining control over the White House and the legislative branch. I don't think the world is coming to an end but I agree that concentrating too much power in the hands of one party may not be a good thing.
The growing power of the Democrats will play an important role in shaping major legislation such as the second economic stimulus package and any assistance to homeowners hurt by the housing crisis. We are entering uncharted and potentially dangerous waters.
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Closing Bell: A six-day rally (AIG, REGN, M, MOT, PALM, RIMM)
Reader Comments (Page 1 of 1)
10-21-2008 @ 4:55PM
Jeff said...
"Remarks like that probably send shivers up the spines of economic conservatives..."
Since when did republican rule assuage the concerns of economic conservatives? Hahaha, don't tax and spend! The "conservative" approach was to have China credit the US Government's personal welfare program?
"I agree that concentrating too much power in the hands of one party may not be a good thing."
Things always become much clearer on the other side. Make sure to thank the deteriorating Republican hero George W. for the Democrats resurgence. In a strange way, those Republican's blindly allegiant to him in 2004 might as well have cast their vote for Obama in 08.
10-21-2008 @ 7:12PM
al vajda said...
Ya'll know who caused the current economic problems. It wasn't President Bush.
Scumbag dems like Charlie Rangle, Barney Frank, Poleski, Schumer, Clinton, Reid, changed the practices banks use to loan money to those with no credit history, with poor credit histories, with no down payment, and no way to make the payment when the rate bumped up. All these folks bought a house. The builders built more houses. Then the rates bumped up. Foreclosures galore. No more houses being built. No more commercial building. No more new schools, cause states are out of money.
And all you fools are going to vote democratic again. Ya'll must enjoy the welfare state.
Hey Hussein Obama, how are ya gonna fix social security? How ya gona fix medicare? Tax the rich?
There ain't enough of them.
10-21-2008 @ 11:16PM
AZ Herb said...
Lyndon Johnson, I believe, had over 460 electoral votes when he beat Goldwater in 1964, but I agree it will be a big margin of victory for Obama.
10-21-2008 @ 10:36PM
david said...
To Alvajda why don't you learn how to speak there is no such word as ya'll this the us not the civil war
10-21-2008 @ 11:15PM
JCH said...
Y'all is too a words.
10-22-2008 @ 6:10AM
Snofer said...
Democrat or Republican, one party government is dangerous. So-called checks and balances go out the window and the will of the people at the mercy of the few. If the ruling elite wants to limit our liberties, who is to stop them? No one. Everybody should be very concerned.
10-22-2008 @ 6:34AM
Pridenjoyiii said...
I am not afraid of a one party Democratic government. Maybe we can finally get something accomplished instead of all the bickering and undecision. If the democrats don't work out they know there is the next election and they too will be history
10-22-2008 @ 7:26AM
Virgil Bierschwale said...
I sure hope not..
With their tax and spend background and with less and less tax payers to foot the bill, we'll be bankrupt in a few years...
Whats that ?
You don't believe there are less and less tax payers, then go watch my you tube video at http://www.KeepAmericaAtWork.com and see what you think.
I cannot get the media to do a very simple survey which would tell us all whether I'm correct or not.
You can see the survey in the article titled "show me the data"
Regards,
Virgil
http://www.KeepAmericaAtWork.com
10-22-2008 @ 8:09AM
notabushfan said...
al vajda said...
Ya'll know who caused the current economic problems. It wasn't President Bush.
----------------------ya gotta be joking. are you for real??? who's crony friends are CEO's of these companies??? that is what you call mis-use of trust and funds. this is what you call greed...plain and simple. don't go looking for excuses and passing the blame.