Posts Tagged ‘veepstakes’

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Why there is only one plausible female Republican running mate

July 13, 2008

It’s Condi, not Sarah, Kay or Carly

There is strong speculation that McCain will try to make history by choosing a female running mate, either as a gesture in itself, or as a response to Obama choosing a female running mate. My view is that there is only one credible female candidate, Condoleezza Rice. Now, by saying that there is only one credible female Republican candidate I am not denigrating female politicians, or trying to be a chauvinist. The fact is that the pool of female Senators and Governors is sadly very small, so it is logical that McCain should have extremely limited options when I think there are only two strong male running mates (Lieberman and Giuliani) and several reasonable choices (Ridge, Huntsman Jr & Alvarez). Indeed, in addition to the Secretary of State only Sarah Palin, Kay Bailey Hutchinson and Carl Fiorina have been tipped by commentators.

Firstly, I think that the political benefits of choosing a female running mate are wildly overestimated. The ‘Hillary-istas’ (women who supported Hillary because she was a woman) will eventually return to Obama, or support McCain, irrespective of the gender of any running mates. In fact Hillary Clinton fans might actually prefer to wait until 2012 so that Hillary can run again, and not look kindly on a woman who tried to steal any limelight that they felt belonged to Hillary Clinton. The only exceptions to this are single African-American women who identify more with Condi’s story than that of Hillary’s. Choosing a female running mate in response to Obama might even look like pandering. More importantly, I think that Sarah Palin lacks the experience; Kay Bailey Hutchinson is too much of a Republican hack while Carly Fiorina would be a disaster.

Indeed, Carly Fiorina represents the worst side of the Mitt Romney wing of the Republican Party. I don’t much care for Romney but at least he took the time to be elected to an office before running. In contrast, Fiorina not only put profit (and stock options) before patriotism but she has never shown any inclination for public service whatsoever. She is an execrable campaigner, who didn’t even both to read up on McCain’s record on abortion before she tried to make up social policy on the hoof. While Lieberman, Rice and Giuliani are all pro-choice they would be savvy enough to make sure people knew that McCain was in charge of that area. Although many people say she would help McCain in terms of economics, the fact her experience in that area would lead many people to believe that her presence in the Naval Observatory would let the CEO wing of the Republican party continue to run riot in a McCain administration. After all, while most Americans accept that free trade and balanced budgets are necessary for the American dream, they are also tired of the ‘no-government anarchism’ that a vocal minority in the Republican party support.

Sarah Palin is also overrated. As Jindal’s problems in Louisiana demonstrate, it is patently absurd to lionize anyone before they have had a chance to prove themselves and, more importantly, shown that they can face adversity. There is also the question of whether McCain really wants a candidate who disagrees with him on energy policy and whose state is associated with big oil. There is also the risk that voters in Alaska might not vote for McCain/Palin ticket because they would rather have her as governor, rather as their Vice-President. Such sentimentality may sound silly but, as William Weld found out in 1996, it can sometimes have a very powerful impact on voters. In any case McCain should be trying to use his choice to turn blue states red, not to nail down far flung outposts that are relatively unimportant in electoral terms.

There are also positive reasons for picking Rice. Although she may have been underwhelming as Secretary of State and more mercenary and ‘neo-Condi’ in her beliefs than anything else, she does has enough credentials and experience to credibly assume the office of President. Also, with her on the ticket the temptation to revisit Iraq would be too tempting for even the newly disciplined Obama campaign. Even if I am sceptical of the necessity of choosing a women from an electoral perspective, I also believe that if McCain has to choose a mainline conservative (though he needs to choose a centrist) it would be nice to choose one who is as different from a while male as possible. At a minimum choosing Condi would signal that the Republican party is prepared to move with the times. I also believe that there is a significant minority of African-American voters who were turned off by the whole Wright-gate incident to the extent that, while they were not prepared to reward Hillary’s references to ‘hard working White people’, they are prepared to cross party lines in November provided appropriate gestures are made. Indeed, I firmly predict that choosing Condi would enable McCain to do much better among African-American voters than Bush did in 2004, even adjusting for potentially higher turnout.

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Road to the Naval Observatory: GOP Veepstakes

April 5, 2008

The Runners and Riders in the GOP Veepstakes

Here is my form book for the GOP Veepstakes:

The favourite

1. Joe Lieberman – Lieberman is popular with independents, conservative democrats, liberal republicans and certain sections of the religious right. He would guarantee at least 2-3% nationally and steal several news cycles. His role in registering voters in Mississippi in the 60s gives him the credibility to attack Obama on the issues without racist dog-whistling or challenging anybody to a duel. He also wins over many of the national security voters who disagree with McCain in issues like immigration. However, it is uncertain as to whether the Republican party is ready for a pro-choice former Democrat, although neither the Republican party nor the electorate at large got the message in 1980 and 84. Chances are about 40% (2.50).

Runners-up

2-3. Tom Ridge – Popular moderate former governor of an important swing state. Would add to McCain’s national security credentials. Endorsed McCain during the primaries. However, his pro-choice views might cause some problems. Chances are about 10% (10).

2-3. Tim Pawlentry – Early ally of John McCain and touted as possible running mate for a long time. Governor of winnable state (Minnesota) while respected by the right. However, his support wasn’t able to win the day in the Minnesota primary. Chances are about 10% (10).

Still in with a shout

4-5. John Huntsman Jr – Business experience and experience as US trade representative helps McCain in economic matters while support for expanded health care coverage helps McCain on this issue. Win LDS support in MO and NV without alienating Evangelicals. Has access to vast personal wealth. The look on Mitt Romney’s face alone would make Huntsman’s selection worthwhile. Chances are about 7.5% (12.5).

4-5. Condi Rice – Apart from Lieberman (and possibly) Giuliani, Condi is the only person who can re-frame Wrightgate around the issue of national security. Her candidacy would also be groundbreaking, and open up the African-American vote if Hilary Clinton manages to somehow win the nomination. She is relatively young and so would be an ideal compliment to McCain. Could also help McCain in California. However, her coldness and her association with Bush reduce her chances considerably. Chances are about 7.5% (12.5)

Real long-shots

6-10. Rudolph Giuliani – Giuliani would help McCain in the North-East and the two are obviously friendly. Wrightgate plays into Giuliani’s hands, although having the campaign picketed by firefighters would be a double edged sword. Evangelical voters might not accept this ticket and Giuliani Partners remains a huge skeleton in the closet, potentially on a par with ‘Wrightgate’. Chances are about 4% (25)

6-10. Mike Huckabee – Would help McCain with social conservatives and values voters. McCain obviously prefers him to Romney. However, he failed to win over any blue collar voters in Michigan and his extreme social conservatism would ailenate independants. Does McCain really want to run with someone who wrapped himself in the Confederate Flag? Chances are about 4% (25)

6-10. Charlie Crist – Crist is a very popular governor of an important swing state (Florida). He is also moderate and personable and he endorsed McCain before Florida voted. He also prosecuted telecoms companies as Florida’s Attorney General. However, rumours about his private life might prove a distraction. Good relations with the African-American community will be a bonus if Hillary is the Democratic nominee. He also spent less than five years in major state government posts (although he served in various posts four another four years). There are also questions about his involvement in fraud investigation. Chances are about 4% (25).

6-10. Mitt Romney – He is the chosen candidate of the fiscal right and adds business experience to the ticket. If the convention were settled in the back room he would be odds on to be the candidate. However, he performed poorly in his home turf, losing to McCain in New Hampshire, New York, New Jersey, Connecticut….need I say more? Seriously, McCain doesn’t need someone who ailenates both the religious right and moderates. Meghan McCain interview suggested rift between McCain and Romney camps hasn’t really healed. Also what can a one term governor with a negative approval rating really bring to the ticket? Chances are about 4% (25).

6-10. Rob Portman – The man behind the famous ‘experience of telecommunications’ statement. According to Bob Novak Portman is on McCain’s shortlist. Chances are about 4% (25).

Others: There is always the possibility of a complete unknown or a non-politician (such as Carly Fiorina or David Petraeus). There is also the possibility of another Democrat crossing party lines.

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The Ladbrokes Veep Markets

April 3, 2008

TPT reveals who he has been betting on in the Veepstakes

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The best market for the Veepstakes in terms of breadth (and also in terms of the liquidity offered), is the one run by the bookmaker Ladbrokes. Although I have a few quid on Lieberman in Betfair (and I made a very succesful bet on the Republican nomination there in September) Ladbrokes is also very good about responding to customer suggestions, and when I suggested Sanford Bishop & Harold Ford Jr for the Democratic side and Jon Huntsman for the GOP, they obliged with some very reasonable prices. Currently I have the following bets on with them:

Joe Lieberman (GOP veepstakes) £50 @ 15.00 (14/1)
Michael Bloomberg (Dem) £20 @ 34.00 (33/1) now 15.00 (14/1)
Condi Rice (GOP) £20 @ 15.00 (15/1)
Jon Hunstman £5 @ 34.00 (33/1)

The full list can be found at http://www.ladbrokes.com.