Democratic political committees have seen a decline in their fundraising fortunes this year, a result of complacency among their rank-and-file donors and a de facto boycott by many of their wealthiest givers, who have been put off by the party's harsh rhetoric about big business.
Fundraising receipts are down 20% for the first six months this year and with Republicans holding their largest lead in years in the Generic Congressional Ballot, things are not looking good on the left for the 2010 mid terms:
Large-scale defeats in the midterms could be a crippling blow to the ambitious agenda mapped out by Obama's top advisers, particularly if they happen in the Senate, where Democrats caucus with a 60-seat filibuster-proof majority. The party will have to work furiously to defend at least six Senate seats and as many as 40 in the House, including many snatched from Republicans.
"If they take them back, this is the end of the road for what Barack and I are trying to do," Vice President Biden said Monday.
One can only hope. I keep telling myself “for every Carter, there is a Reagan” and this presidency has been filled with Carter-esque boneheaded ideology that has turned conservatives, independents and now rich Democrats away. The brilliance of the system the Founding Fathers created will be on full display in the 2010 elections and this liberal domination will come to a close, thank you very much.
The only question is who will be that “Reagan” we all turn to after that?
