 |  | July 16, 2008 Vol. 43, No. 15a Washington, DC | | To: Our Readers Outlook - The precarious state of the economy has eclipsed the presidential election as the principal topic of conversation among politicians in Washington. The shaky condition of Fannie Mae and Freddie Mac (see Congress section) shows how far the subprime crisis goes with the danger of more banking failures threatening the whole economic structure.
- With Sen. Barack Obama moving ahead of Sen. John McCain in our latest Electoral College rundown, the private Republican view is that the focus must be on Obama in the coming campaign for McCain to win. A positive campaign will lose, and the spotlight on Obama must be harsher for McCain to have a chance.
Off the Record with Bob Novak This is your chance to join Bob Novak and 70 other prominent insiders at the nation's most exclusive private-room political summit. You'll probably never again have this opportunity to engage in direct conversation with the top political powerbrokers and government policy shapers... offering you forecasts and insights that will directly affect your profits, decisions, and power. What's more, Bob Novak's iron-clad OFF THE RECORD policy is why past participants have gotten real answers even from media-wary policy makers like: - John McCain, Senator and Republican Presidential Candidate
- Dick Cheney, Vice President
- Condoleezza Rice, Secretary of State
- Al Gore, former Vice President
- Sen. Harry Reid, Senate Majority Leader
- Steve Forbes, President & CEO, Forbes, Inc.
- George Tenet, former Director of CIA
This secret event is rarely publicized -- don't miss your chance to attend. Once all 70 seats are reserved, the doors close to all outsiders. Please don't wait. Reserve Your Seat Today | - Former Sen. Phil Gramm is still McCain's close friend and adviser despite having told too much of the truth in public by saying we are a nation of whiners. Gramm has apologized to McCain, and McCain told him to forget it.
- The irritation by the Congressional Black Caucus over Obama's pivot to the right is genuine but not significant. Congressional blacks are truly irritated that Obama is not buying into their left-wing agenda, but they have no place to go. Jesse Jackson's unintended outburst is reflective of CBC irritation and probably a net political gain for Obama. Contrast with Jackson helps Obama with white voters.
- Obama has made a rare political mistake in seeming to say it is more important for the population to learn Spanish than for immigrants to learn English. The English language issue is an important one, especially with white middle-income voters, which is Obama's potentially fatal weak spot.
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 | Editorial Offices: 1750 Pennsylvania Ave., N.W., Suite 1203 Washington, D.C. 20006 | Business Offices: One Massachusetts Ave., N.W., Suite 600 Washington, D.C. 20001 | Editor: Robert D. Novak Senior Political Reporter: Timothy P. Carney Reporter: Jim Seminara Managing Editor: Ken Hanner | Chairman: Thomas L. Phillips President: Jeffrey J. Carneal | Evans-Novak Political Report is published by Eagle Publishing, Inc. | |
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