The good, the bad, and the ugly for the Administration

First the good news. The latest attempt to cap the leaking oil well is reported to have worked, meaning no more oil is leaking into the Gulf of Mexico. It is only a test, though, and will be removed if the pressure is found to be too high in the well. In addition to this, the Wall Street Reform bill has now passed the senate. It will likely be signed by President Obama by early next week. These are both incredibly good news for the Administration, who have been desperate for some good news.

Now the bad news. The public confiderence in the Administration is heading south, says a new poll. This could have to do with the oil spill in the Gulf of Mexico, the economy, and the budget deficit. Whatever the problem, this is not good news.

Finally, the ugly. For the first time ever, President Obama is trailing or tied with ALL of his potential 2012 challengers. That's right, Barack Obama is tied with Sarah Palin. No, this is not Rasmussen. Worse, it is the Democratic Public Policy Polling firm. The Administration should be worried about this news. President Obama has somehow maintained favorability ratings much higher than most other mainstream politicians. That he is trailing people with even lower poll numbers than himself means the country is no longer behind him. Watch to see how the Wall Street Reform bill and the Oil Spill cap affect his numbers.

The myth of health care "reform"

Since the health care bill has become law, many people have talked about the "new health system" in America. Even President Obama has referred to the law as if it is somehow reshaping the current health system. This is just not true. The types of health reform candidate Obama campaigned on and eventually enacted promised to leave those with insurance alone. The bill only streamlines the current system by creating exchanges, preventing abuses by insurance companies and extending coverage. The largest component of it is the mandate for having insurance. None of these provisions significantly alter the fundamental way in which health care is obtained in America.

Politician of the Month: Scott Brown (R-MA)

After adamantly pledging to be the 41st vote against Harry Reid's agenda, it seems this centrist Republican Senator from Massachusetts has gone against his word. Ever since being elected to the seat of the late Senator Ted Kennedy (D-MA), Senator Brown has arguably helped the Democrats' agenda more than challenger Martha Coakley ever could have. He provided the critical 60th vote on the Democrats' job bill which came up for consideration earlier this year. He has now committed to supporting the financial reform package which he played an integral part in crafting. These have all angered his conservative base in Massachusetts, however, he has emerged as the state's most popular politician.

Scott Brown's true contribution to President Obama's agenda goes further than this. The willingness for this moderate Senator to support some of his signature policies has given Maine Senators Susan Collins and Olympia Snowe political cover to negotiate. It has also freed up Senator Ben Nelson (D-NE) to vote with his party again, shaking the fear of appearing to support a liberal agenda. His reluctance to support the health care law cut back the negotiations and gave Harry Reid the incentive to use the reconciliation process. He is now refusing to support the campaign finance disclosure bill, though it is not likely it would have been brought up for consideration by the August recess anyway. Regardless of whether you approve of the job he is doing, this guy is powerful.

Scott Brown (R-MA) to vote yes on Wall Street Reform: passage all but assured

Scott Brown (R-MA) has announced today he will be supporting the financial reform bill being debated in the Senate. He came to this decision after having extracted concessions in conference committee, notably the removal of the $19 billion bank tax which would have affected many Boston banks. His vote will be joined by Senate moderates Olympia Snowe (R-ME) and Susan Collins (R-ME). The vote of conservative Iowa Senator Chuck Grassley will not be known until the cloture vote, though it is likely to be no. This bill has not been followed by the progressive community with the same intensity as the health care bill but it is a very big deal. It begins to reverse the trend of financial deregulation begun under President Reagan in a powerful way. It does not solve some of the problems which led to the financial meltdown, but does rein in some of the worst abuses by banks. It also shows there is still potential for negotiation with moderate Republicans, such as Scott Brown. This will likely hurt his standing among conservative Republicans, however.

It's all about playing down expectations

White House press secretary Robert Gibbs warned on Sunday that there is a concrete possability the Republicans could take back the House of Representatives in November. This is one of the first public admissions of political trouble from the Democratic establishment. Conservative pundits were quick to jump on the prospect of the Obama Administration sounding the alarm so early in the election cycle, citing the weakness of their position. Nancy Pelosi (D-CA) has repeatedly asserted the Democrats' House majority is not in danger, citing individual house races, but her statements have only become more positive following the completion of the health care debate.

Pelosi has a point here. Though the national trends have the GOP at a slight advantage, there are numerous reasons to suggest they will fall short of a majority. The individual House races that feature vulnerable Democratic incumbents are polling better for the majority party than would be expected. The Democrats also have a massive fund-raising advantage. Above all else, the Republicans are not viewed as a good alternative to the Democrats by the electorate. The nomination of people like Sharron Angle and Rand Paul does nothing to improve their standing in this area.

Furthermore, the White House statements about the Democratic Party's chances in November are likely to play down expectations. The Republican Party has been trumpeting their inevitable win so loudly that anything short of a sweep in November will make them look bad. It is likely Democratic strategists have realized there will be political capital to be had if the Republicans do not win the election by a mile. The comments could also have been trying to arouse the Democratic base, who are frightened by the idea of John Boehner (R-OH) as Speaker of the House.