Moderate Democrat Sen. Blanche Lincoln [AR] survived a tough run-off primary election Tuesday night against her challenger for the left, Arkansas Lt. Governor Bill Halter. Lincoln's victory tonight means that she will be on the ballot in the November general against Republican challenger Rep. John Boozman [R, AR-3].
So, what are the implication here for life under the dome, particularly with financial reform about to go into conferece committe on Thursday?Read Full Article
It was a bad night to be an establishment politician and a good night to be a progressive Democrat. On Tuesday, four states -- Pennsylvania, Kentucky, Oregon and Arkansas -- held congressional primaries, and in all the big races pitting D.C.-insider candidates against grassroots-supported "outsiders," the insiders lost or did worse than anyone expected. Here's a quick rundown of what went down.Read Full Article
Remember when everyone was expecting Sen. Blanche Lincoln [D, AR] to use her position as Chair of the Ag Committee to insert a weak, loophole-ridden derivatives section in the financial reform bill, but then she surprised everyone by proposing something that was tougher than anything Congress had even considered considering? Well there's a rumor floating around that Lincoln only proposed such a tough derivatives section in order to boost her liberal/anti-Wall Street cred and help her in a tough primary, and that after the primary is over she'll agree to gut her proposal and give Wall Street many of the concessions they want.
Well, her primary is today, and, like clockwork, reports are out that Lincoln is in private talks to change her derivatives language.Read Full Article