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Clinton & the Team

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It has been a good two weeks for Hillary Clinton. First came the opening debate where she did what she needed to convince the party faithful and the pundits she is the front runner. That leveraged into Vice President Biden announcing he will not run. Finally, she sat down in front of the Benghazi Committee of the House and made a good case that the whiff of scandal was behind her.

But more impressive than all this was how it happened. This was a team effort where the Democratic Party started to rally around her and unite. It’s what it will take to win the election – and today there is little doubt she is the odds-on favorite to be the next president.

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The Glass-Steagall Battle

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It’s the debate of the moment in the Democratic Party today. The Glass-Steagall Act which separated commercial and investment banking went from being something no one was against from 1933-1999, then something no one was for circa 1999-2014, and now is finally part of a vigorous debate. On the one side is the “Break up the big banks!” call from the Sanders wing and on the other is the much smaller “Yes, but it’s way more complicated than that!” voice of the establishment, usually Hillary Clinton.

It was the hottest topic at the last Democratic Debate on 13 October and it continues today. Your stand on it probably identifies who you back for president as well as your status in the Democratic Party. But is it worth all the hoopla?

Call me a pale male establishment type, but this is not a good argument.

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First Democratic Debate

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By the time you read this the first Democratic debate has probably already happened. I hope you enjoyed it!

There is a tradition here at Barataria of predicting the news before it happens, which is to say at least outlining what is likely to happen within reasonable boundaries. It’s more like a weather forecast than a news forecast. So let’s take a stab and see what we can reasonably expect from the debate itself and the news going forward.

Mostly sunny with a high in the 70s. No, it’s more complicated than that …

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Republican Chaos, Democrats in Charge

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With Kevin McCarthy (R-CA) dropping out of the race to become Speaker of the House, the level of chaos in Congress has hit a new height. It’s hard to imagine what comes next in this intractable situation as nearly every option has become open – including the longshot possibility that a bi-partisan group of centrists might soon be in charge.

Will this open the floodgates and see something get done or will the gridlock become even more set in stone for the next year? Like the weather, everyone likes to complain about it but no one seems to do anything about it. But next year could be the year that Democrats actually do something and take control – of both the Senate and the House. This is actually possible if we seize the moment.

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Anarchy in the UK?

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The Labour Party has elected a new leader – one that gives the Sanders movement in the Democratic Pary hope. His name is Jeremy Corbyn, aka “The exact opposite of Ed Miliband.” Unlike his predecessor Corbyn is resolute, visionary, and a completely unabashed member of what we could call “Old Labour” – the party that existed before Tony Blair turned it into something American Democrats would recognize, especially during the (Bill) Clinton years.

Does this mean Sanders and his progressive left supporters will take the Democratic Party? Will history repeat itself yet again and see Britain lead the way for the US? Like nearly any good political question, the short answer is “Yes” but the long answer is “No”.

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