CNBC is reporting French Industry Minister Arnaud Montebourg’s comments in regard to the potential nationalizing of an Indian company that has threatened to leave France:

“It’s a very good sign to send out (to investors). Nationalizing is a very modern step to take. Especially when you not only nationalize losses but profits as well, when you make public/private partnerships. This is our strategy.

“The strategy we’re putting forward is extremely modern and adapted to the current times of crisis. It’s a way of making the economy work in the interests of industry, more than just helping the financial sector,” he added.

Apparently in France, the nationalization of industries is a good thing for investors and will lead to automatic profits. If this is the case, why aren’t all industries nationalized?

The Fix has an interesting piece that offers us What Mitt Romney did right. It dovetails nicely into Stuart Stevens’ WaPo piece, Mitt Romney: A good man. The right fight.

Romney wasn’t exactly the most popular horse around the Derby, but with most of the stories of the 2012 race now written, is there anything you think Romney got right?

John Ellis Bush, the son and brother of two former presidents, who is better known as “Jeb”, appears to be laying the groundwork for a run at the office that his family held for 12 out of the last 24 years. Some pundits have pointed to Barack Obama’s victories over Hillary Clinton and Mitt Romney as a signal that the era of political family dynasties is over. Not so fast my friends, several of these venerable clans will be fielding formidable candidates for 2016.

On the Democratic side, Hillary Clinton and Andrew Cuomo would be at the top of almost any list of probable nominees. Clinton’s defeat by Obama in the 2008 primaries still does not seem to sit well, and she would have a vaunted fundraising machine at her disposal should she make another run. Cuomo has enjoyed major success and popularity as governor of New York, and his father was a regularly rumored, but never actual, candidate for the Oval Office.

On the Republican side, we have Jeb and Senator Rand Paul, son of the mercurial Ron Paul, and heir to the conservative wing of what I’ve come to consider the populist movement of the Republican Party. While Rand may not garner the same numbers that any of the other previously mentioned dynastic representatives, he inherits a passionate and vocal group of supporters from his father.

The Bush name is the thing that may be the biggest thing holding Jeb back, who has a strong record as Florida’s governor and enjoyed strong support from both Latino and Jewish voters in the state, which are two groups that Republicans have not traditionally done well with.

It may be a little early to start pulling those old Bush family jokes out of deep storage, but there is enough evidence at this point to put Jeb on the list as someone seeking the 2016 GOP nomination.

From Mark Steyn’s 11/19 column:

“….Hence the urge to get on the right side of America’s fastest-growing demographic. Only 27 [sic] percent of Hispanics voted for Romney. But all that could change if the GOP were to sign on to support some means of legalizing the presence of the 12-20 million fine upstanding members of the Undocumented-American community who are allegedly “social conservatives” and thus natural Republican voters. Once we pass amnesty, argues Grover Norquist’s Americans for Tax Reform, “future immigrants will be more open to the Republican Party because, unlike many immigrants who are already here, they won’t have been harmed or insulted by Republican politicians……”

There’s a popular, simplistic theory floating around these days that supposedly explains the Republican loss on Nov 6th and thereby presents the “answer” to winning future national elections:

Read more

Americans for Tax Reform’s famous Taxpayer Protection Pledge took some fire this week from Sen. Saxby Chambliss. ATR head Grover Norquist fired back, saying that violating the pledge isn’t a break from Grover or ATR, but from the voters in Georgia to whom he’ll have to answer.

Though almost every House and Senate Republican has signed the pledge at some point in their career, more and more Young Guns are taking a pass. Old Guns are weighing in, too. When asked about Norquist and his pledge this summer, George H.W. Bush quipped, “Who the hell is Grover Norquist anyway?”)

Will ATR’s pledge survive the fiscal cliff? What about political pledges in general? If you were running for office, would you sign ATR’s? Would you sign any?

You’ll recall that some republican PD regulars pledged that if Mitt Romney became the 2012 GOP nominee, they would stay home. He was, to some, a lousy option throughout the primary process.

With the 2016 race getting started earlier than any in history, who are the potential horses you already find completely unacceptable to top your ticket? Why?

Allen West has conceded to Patrick Murphy after one of the most high-profile and expensive House races in history. Yet somehow this one-term-and-done former Congressman is still getting mentioned as a possible 2016 candidate.

Some are saying Mitt Romney should just go away. Can’t the same be said for the lightening-rod, Allen West?

The two highest ranked potential candidates for the 2016 Republican nomination had very, very different types of weekends, with Chris Christie drawing criticism for a Saturday Night Live appearance and Marco Rubio getting strong reviews at a record-setting Iowa fundraiser.

Christie has seen much of the strong reputation he built as a key Romney surrogate get washed away like much of sand on the Jersey Shore. First he took hits for his buddy treatment of President Obama just days before the election on November sixth, and now his clowning appearance on SNL was criticized as callous, as constituents in his state continue to suffer with out power, with gas shortages and with the damage to homes and businesses.

Rubio had several Iowa Republicans calling him the future of the party after his remarks at Governor Terry Branstad’s birthday fundraiser. “I just think he’s the future,” Branstad, the Republican Governor of Iowa, told TheDC. “He’s the kind of leadership that we need, and I think he’s a very intelligent, articulate, and he is a great example of the American dream, and that’s exactly what we have to make available for more and more people.”

Bill Kristol had an interesting take on the Fiscal Cliff last Sunday November 11th on FNS–His position was, sure, give Obama his wish and let the top marginal tax rate on the top “2%” of wage earners rise back to where it was under Clinton, from today’s 35% to 39%.

Doing so accomplishes many things, some political, and some practical.

From a political standpoint, it removes the “Republican obstructionism/intransigence” label from Congress, thus denying President Obama of his straw man bogeyman. Obama has said all along, “We need a ‘balanced approach,’ some increased revenues and some spending cuts. I’m asking the wealthiest 2% to pay just a little more and I’ll preserve the tax cuts for everyone else.”
Read more

A guest post from reader Edgar Harris

Now that the election is over and the results are in, the Republican Party is attempting to understand just what happened on November 6. It’s understandable if Republicans are at a bit of a loss. Going into this election season Obama looked like the underdog. The economic recovery has been anemic at best, and even Obama’s core achievement, Obamacare, remains largely unpopular. Obama was vulnerable, and yet he not only won by an electoral landslide, but Democrats also managed to pick up seats in the Senate and the House.

In trying to understand what happened, many Republicans are falling prey to their worst instincts. Many Republicans are concluding that Americans voted for Obama because they feel entitled to things. We can see examples of this in Bill O’Reilly’s election tirade, or Ann Coulter’s meltdown. This fits nicely with the Republican narrative of dividing the nation into givers and takers. However this narrative is not only wildly inaccurate (92% of Americans believe hard work is key to getting ahead), it’s also insulting to the rest of us. What’s worse, it keeps Republicans from understanding the real reasons why they lost the election. Until Republicans understand why they were rejected they cannot hope to recover from their predicament.

Read more

The first Political Derby Power Rankings are in the books, and now we want to hear from you. Who should be considered for the Democrat and Republican Rankings of the future?

There are a few names that were bandied about for these first rankings, such as Mark Warner and Mike Pence. Tell us who we should rank and why. Keep in mind the Rankings are a snapshot of the race as it would stand today, so even if you have a crush on the policy stands of Candidate X, if that candidate is a first term House member from Topeka, it is unlikely they would be ranked ahead of the more well known names on the Rankings. This isn’t about who you love.

So fire some names at us, and we’ll put them in the hopper for the next round of Power Rankings and see if your horse cracks our top five.

Welcome to the first edition of’s 2016 Power Rankings, the original tracking service of the race for the White House. The rankings are updated as circumstances warrant and are compiled by our Editors using wire reports, polls, campaign staffer scuttlebutt and confidential tips. The rankings may not be reprinted or quoted in any form without attribution to

The GOP Horses
Power Ranking The Horse Momentum The Tip Sheet


Paul Ryan may have topped Marco Rubio (he’s Latino) in the Veep-Stakes, but after a brilliant convention speech, Rubio (he speaks Spanish) is the clear favorite in the early stages of the 2016 GOP race. Republicans know they must appeal to a broader voting base and nominating Rubio (not white) would be a historic step in that direction. The race could be his to lose, something Republicans are quite good at lately.


The Big Man of New Jersey ticked off Team Romney after slow dancing with President Obama in the aftermath of Hurricane Sandy. In some eyes, Christie has grown from a darling of the right to just another Northeastern moderate who will get his plate cleaned in a general election. Still, the salty-tongued Christie has many admirers and he’ll rock the boat in 2016.


Ryan did nothing to embarrass himself as Romney’s running mate, unlike the last Republican VP candidate. He remains popular in Tea Party circles as one of the most respected fiscal conservatives on the Hill. But running mates on losing presidential tickets have had little political luck in modern American politics, with only FDR overcoming his loss on the 1920 Democratic ticket to later win the White House. If the boyish congressman thinks the field will hand it to him in 2016, then he should stick to running sub 3-hour marathons. 

Jindal is a dream candidate for the Republican Party. He’s a brilliant conservative Southern governor with a jambalaya-sized knowledge of today’s pressing policy issues. But when the party needs snap, crackle and pop, Jindal’s personality is more Shredded Wheat. So while he might be perfect on paper, voters don’t select resumes. They select people.
Those who mistake Rand for Ron are not paying attention. Rand is smoother, more game to compromise and more a team player than his father ever was. Can Rand take the next step in the evolution of the movement his father started? Can he break through the Ron Paul 10% ceiling? Discount the new leader of the Paul brand at your own peril.

I’ve been enamored with the idea of General David Petraeus as a candidate on the GOP ticket for some time now. I constantly listed him on my own, private list of potential VP candidates for Mitt Romney, especially given Mitt’s light foreign policy resume. But when it became obvious that the campaign was going to be all about the economy, that thought faded.

As Romney went down in defeat to Barack Obama, I was already collecting the list of GOP horses for 2016 in my head. Yes, I am a glutton for punishment, just for the record. And while the obvious names percolated to the top, Petreaus’ name was one still floating in the troposphere of my brain. And why wouldn’t it? One of the most successful military leaders in the last 25 years of our nation’s history, now the head of the CIA, who appears to be a smart, rational and capable leader.

That was until last week, when Petreaus resigned and it was revealed that he had been having an extramarital affair. And even more interesting is the news that many top officials have known about the affair for month.

The David Petraeus case is yet another in a long line of promising political careers dashed by the sad loss of judgement and self control, which has claimed the careers of people like Gary Hart, Eliot Spitzer, and Mark Sanford.

Scratch one dark horse off the 2016 race card.

Welcome to the first edition of’s 2016 Power Rankings, the original tracking service of the race for the White House. The rankings are updated as circumstances warrant and are compiled by our Editors using wire reports, polls, campaign staffer scuttlebutt and confidential tips. The rankings may not be reprinted or quoted in any form without attribution to

The DEM Horses
Power Ranking The Horse Momentum The Tip Sheet


Yes, she will be 69 on election day in 2016, but if she still has the fire, Hillary would be the easy favorite in this field. She’s more popular as Secretary of State then she ever was as First Lady or Senator Clinton, her husband is sure to apply the pressure, and together they would bring a vaunted fundraising and political team to the table. If she runs.


Joe would be even older than Hillary in ’16 – he’d turn 74 just a couple weeks after election day – and a PD source connected to Biden says there is “no chance” he runs. Yet, on Election Day this year, when asked if he had cast his last ballot for himself, he chewed through a leather sole and answered “no” with a wink and a grin. But if Clinton runs, even as the sitting VP, he wouldn’t be the favorite. If he runs.


He is the popular governor of a populous state with a liberal record that any other candidate would be hard to match. He was even once married to a Kennedy! Cuomo may quickly move to the top of this list, depending on whether the AARP duo ahead of him decide to run.

The newly elected Native American (cough) hero slayed the evil dragon that stole the senate seat considered a Kennedy birthright. But has anyone told her that Democrats beat Republicans in Massachusetts almost as often as Harry Reid tells a lie? Warren could easily replace Hillary as the female candidate of choice, but some question her desire to run at the next level.
The Maryland Governor has something the rest of the field does not – a well-publicized desire to make a run for the White House. He was a prime time speaker at the Democratic National Convention, and some have compared his strategy to raise his national profile to the one used by Bill Clinton in the late 1980s, though PD could not get a confirmation of this from any O’Malley interns.

Yes, you read that right. Our first edition of the 2016 rankings are coming soon. Who would you include on both sides of the aisle?

In an age of sustained historic unemployment and economic malaise where the leader of the United States of America eschews responsibility for the economy under his watch, so do many Americans follow his example, refusing to take responsibility for themselves. Rather, the majority of Americans voted to continue the expansion of government, which, over the past for years, has been driven by the expansion of handouts, adding $5 trillion to the national debt, an increase of 45%. Therefore, the most significant thing we learned about American culture is a majority of people who were concerned enough to vote want things for free, they want reward without work, and they have realized they can vote it to themselves.

Let’s look at some numbers and attempt to quantify what this looks like.

Read more

We were up until the wee hours of the morning until the Iowa Caucus was decided back in January, or at least until everyone believed it had been decided. Join us tonight until the election is called. Hopefully it isn’t called one way, then the other, then back the original way again, then subject to a recount followed by a Supreme Court challenge.

The first polls will close on the east coast within the hour. For Mitt Romney to win the Presidency, he must carry Florida, Virginia, North Carolina, and one of Ohio, Pennsylvania, Michigan, or Wisconsin with one of the smaller swing states. Otherwise, President Obama will have his second term.

The final PD Composite is largely driven by the 18 polls released over the past seven days. Of those polls, President Obama leads four, Governor Romney leads six, and eight are tied. All but three are within the margin of error, or a statistical tie, and of the three that aren’t, Obama leads in two and Romney in one and in each the lead is by one point or less outside the margin of error. In other words, all polls show the popular vote is a dead heat.


So here we sit, the afternoon before polls open and the answer is still very much in question.

Both candidates are conducting last minute campaign blitzkriegs, seeking to sway the precious few Americans that are planning to vote, but that have not yet made up their mind.

There are grand predictions of landslides for both sides, which look silly. No, more than likely, this is election is going to be more like 2000 or 2004, rather than 2008.

The national polls remain virtually tied, but they realistically mean nothing, as Al Gore will tell you after winning the 2000 popular vote, but losing the White House to George W. Bush. The swing states are where this election will be decided. The RCP state polling aggregate lists 11 states as “toss up”, and President Obama has leads in nine of them. The Romney states are North Carolina and Florida, while Obama holds the lead by three points or more in Wisconsin, Iowa, Pennsylvania, and Michigan. Closer are Ohio, Nevada and New Hampshire. Even closer are Colorado and Virginia.

So let’s have some electoral college fun!

Read more