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President Obama may be on the verge of a significant announcement -- the nomination of Elizabeth Warren to head the newly-formed Consumer Financial Protection Bureau. This is pure conjecture on my part, I have to admit right up front. But politically, it would indeed give the president a boost right when he needs it most, heading into the midterm election season.
President Barack Obama gave a wowser of a speech today. In it, he signaled that he's completely over his obsession with chasing the non-existent pipe dream of bipartisanship from Republicans. Obama dove into the 2010 election season fray with this speech, and appeared much more like the "Candidate Obama" that so many of his supporters have been missing for so long. In a speech that was touted as an announcement of a legislative package to get the economy moving faster, Obama not only rolled out his economic ideas, but also did a better job of defining the Democratic narrative than he's done in quite a while.
Jollification aside, though, we're still one week away from Congress returning to briefly do their job (or at least give the appearance of doing so), before they award themselves another month or so off, in order to campaign. Labor Day is right around the corner (or perhaps blowing past the corner at 75 miles per hour, if you live in the hurricane zone -- which contains, my television assures me, everything east of about Denver).
The big fight this election season hasn't really dawned yet. And all the issues in the past will likely pale in comparison to the big fight that's just ahead of us. Senate Majority Leader Harry Reid (to his credit) set up this fight, right before the midterm election's homestretch. The big fight this year is going to be over extending the Bush tax cuts to the wealthiest two percent of American workers, and to the top three percent of American small businesses. On the other side are, respectively, ninety-eight percent of American workers, and ninety-seven percent of American small businesses. Not bad odds, even for Democrats.
The answer, as with all things Tea Party, is (once again): "it's hard to be sure." We won't really know until after the midterm elections, and at that point so much "spin" will be on the airwaves one might (if one grew up in Kansas, for the sake of argument) be excused the immediate impulse to run for the tornado shelter in the backyard. In other words, even after the elections, the answer is going to depend on who is doing the answering.
August in Washington means the beginning of the official "silly season" of politics. This is because Congress takes the whole month off, and political news stories become rather thin on the ground. Intrepid political reporters, wishing to be on vacation themselves, get lazy and start going crazy over non-stories hyped into political wildfires seemingly overnight -- over the silliest of subjects. But these fun and games have not quite yet begun, because the Senate wrapped up work this week, and a few legal decisions of great moment were in the news.
Whoops! Looks like the first thing that's been going on is that the region now has a new nickname -- the "DMV" -- amongst the hipster set (note: I fully understand that that use of "hipster" automatically disqualifies me from judging what is cool and what is not among today's youth). This moniker comes from the hip-hop music scene, and it stands for "District (of Columbia), Maryland, and Virginia."
The next few weeks could turn out to be the most important politically in the remainder of this year. Because this may be the last chance Congress has of passing any big or contentious legislation, before politics consumes everything (even more than at the current time). This is due to a combination of factors, but mostly boils down to the congressional calendar and the midterm election season.
But this blade cuts both ways. If Republicans are going to stop a bill to extend unemployment which costs less than $40 billion, then how can they turn around and advocate extending the Bush tax cuts on the rich which would cost almost seven hundred billion dollars and still say with a straight face that they're some sort of "deficit hawks"?
My biggest problem with both Obama's speech and Emanuel's interview is that neither one of them truly seems to understand that an election is underway. The word "Republican" is not uttered once by President Obama. Rahm only uses the word four times, and only two of those are really drawing distinctions between what Democrats want to do, and what Republicans want to do (or, more to the point, not to do). And neither one of them uses the word "Democrat" (or "Democrats" or "Democratic") once.