This is the first presidential election since 1960 in which neither an incumbent president or vice president is running. The last time the Democrats elected a president from outside the Old Confederacy was also 1960. And that is the one election in which all political experts agree Democrats could not have won is they had not Lyndon Johnson of Texas to concentrate on the South.
In 1988 even National Review agreed that Dukakis was hopelessly ahead of Bush, Sr. in the polls. Through all the noise, I predicted Bush would win. I had already seen the Democrats slide in election after election between their high at the convention and defeat in November, always with another Northern liberal.
Please don’t tell ME, of all people, that nothing is inevitable in politics. But it is critical both in politics and the stock market to pay attention to the basics in the midst of all the noise and Latest News.
I am just reminding you of some political history.
#1 by backbaygrouch4 on 07/06/2008 - 5:37 am
Early in the season the leftist media creates a myth about the latest liberal messiah. This creates a positive view among the public for pollsters. Then the other side of the story gets told and the balloon gets pricked. Clinton, the smart one, Bill, thinks Obama is going to be a disaster for the Democrats once the story slips from the hands of the NYC/DC media cabal. The Internet should accelerate and enhance this. And never, in my lifetime, has there ever been a less deserving recipient of this than today’s neoconned GOP.
#2 by richard on 07/06/2008 - 7:36 pm
“This is the first presidential election since 1960 in which neither an incumbent president or vice president is running.”
Nixon was incumbent Vice President in 1960.