The Patriotic Dissenter

Category: Democrats

Treasury Yields Should Rise if Democrats Win Big on Election Day

All the polls and prediction models are essentially saying the same thing- the Democrats could be in for a big win on Election Day. It's looking more and more likely that Joe Biden defeats Donald Trump to take the Presidency, the Democrats maintain control of the House of Representatives, which they took in the 2018 midterms, and they gain enough Senate seats to take control of the upper chamber. That means we could have one party control of the legislative and executive branches, and that can lead to an increase in treasury yields. And with Treasury yields set to uptick, it could mean some market momentum changes. We could see a lot of money moving in different directions, so it's best to maybe place your bets now. ...

By Paul M. Banks,
October 13, 2020 at 5:53 pm •

Al Gore: Trump 'attempting to put his knee on the neck of democracy'

Former Vice President Al Gore did a virtual newsmakers event, via Reuters, yesterday and the upcoming Presidential election was one of the many topics that were covered. Fielding a multitude of questions from the media, during a one hour session, Al Gore stated his beliefs that Donald Trump might not accept the results of the election in November, should they not go in his favor. Gore added that Trump is planting the seeds of doubt right now, and that he has no problem ripping us apart as a country in doing so, specifically remarking that Trump is "attempting to put his knee on the neck of democracy."...

By Paul M. Banks,
August 26, 2020 at 10:13 pm •

For Kamala Harris Her Time Will Likely Soon Arrive

Next week will see former Vice-President Joe Biden announce his running mate for the 2020 Presidential Election. What we do know for sure is that Biden's VP candidate will be a woman. This decision is certainly an astute one, as it truly was women who decided the 2018 mid-term elections, and it's likely will again in November. So who will it be? Will "suburban moms" be the swing vote bloc that most influences the 2020 election? If so, who does Biden go with in order to reach them?...

By Paul M. Banks,
July 30, 2020 at 6:09 pm •

Joe Biden Racking Up Endorsements, Gaining Momentum in Polls

The "riding with Biden" bandwagon is growing by the day, sometimes by the hour, and it's triggering a major bump in the polls for the former Vice President. A USA Today/Suffolk University poll, which came out yesterday, showed Joe Biden with a 10% lead, head-to-head against the incumbent Donald Trump. Other polls show a tighter race, but still have the challenger with a lead in the high single digits, comfortably above the margin of error.

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By Paul M. Banks,
April 28, 2020 at 6:24 pm •

Trump Still Expected to Win Re-Election, Despite Coronavirus Chaos

It's what some social scientists call the "rally around the flag" effect. In times of crisis, the leader sees a bump in their approval ratings, regardless of how that ruler is actually performing at his/her job. There are many different ways to try and explain this phenomenon, but at least partially, the simplest explanation is the best.

In times of great uncertainty and high anxiety, like what we're living through right now with the coronavirus pandemic, people like to believe that whomever is in charge is extremely competent- it's a lot easier to sleep at night with such a belief. Also, that some of the approval is just a misguided, distorted version of sympathy. It's basically, "hey, I'm glad I don't have to work on cleaning up this mess- good luck with that."

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By Paul M. Banks,
April 14, 2020 at 1:50 pm •

Kamala Harris Emerging as Strong Favorite to be the VP Pick

Joe Biden, the presumptive Democratic presidential nominee, received an official endorsement from Senator Bernie Sanders today, thus healing the major divide within the party. It's extremely significant just on face value alone, but becomes all the more important when you consider the timing of this decision.

When Sanders ran for President in 2016, he waited until July to drop out and endorse Senator Hillary Clinton. His expression of support for the nominee much earlier in the cycle this time is very advantageous for everyone involved on the left. Now his army of "Bernie Bros" will have additional time to do their sociopolitical soul-searching. With this drama essentially done and dusted, it's time to focus on the next major question. Who will be the Democratic Vice Presidential candidate?

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By Paul M. Banks,
April 13, 2020 at 10:57 pm •

Gretchen Whitmer Emerges as Darkhorse Democratic VP Candidate

Michigan Gov. Gretchen Whitmer is everywhere right now, conveying just how much of a rising star she currently is in the Democratic Party. On Wednesday she appeared on The Daily Show, wearing a shirt emblazoned with "That Woman From Michigan," an obvious clapback at President Trump for his egregiously unprofessional and overtly condescending remark about her last week. On Saturday, she teamed up with the Detroit Lions, Pistons, Red Wings, and Tigers to release a call to action video encouraging nurses and doctors to bring their skills to Michigan as a way to volunteer and help bolster the number of health care professionals fighting on the front lines against the COVID-19 pandemic. Her public profile has risen so high that she's now in the mix to be the Democratic Vice Presidential candidate. Whitmer now has the third best odds of assuming the position, behind only the favorite Kamala Harris and Amy Klobuchar. ...

By Paul M. Banks,
April 6, 2020 at 10:49 am •

Bernie Sanders Surge Lead Story as Iowa Caucus Approaches

The day after the NFL season ends with the Super Bowl, primary voting season begins with the Iowa Caucus. One winner-take-all, cutthroat competition that captivates Americans nation wide replaces another. The Iowa Caucus, a two rounds of voting exercise which is not a secret ballot, takes place in all 99 of the state's counties at 1,678 different precinct locations, some of which even include people's homes.

In what was felt like the longest presidential campaign ever, its arrival conveys to us that election night in November isn't actually all that far off. The Democratic field, so overwhelmingly large that it's served as comedic fodder, is now whittled down. While a decently high number of candidates officially remain in the competition, we're really just down to the core four (former Vice President Joe Biden, South Bend Mayor Pete Buttigieg, Massachusetts Senator Elizabeth Warren, Vermont Senator Bernie Sanders) and late entry/former New York City Mayor Michael Bloomberg.

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By Paul M. Banks,
January 30, 2020 at 11:30 am •

Pete Buttigieg Now the Leading Long Shot Among Democratic Candidates

It's not a foregone conclusion, as we sit now just under a year from the 2020 Presidential election that we'll have Elizabeth Warren taking on Donald Trump in the general election. Sure, she's the Democratic party front-runner right now, but typically the candidate in the out of power party at this point in the cycle doesn't always get the nomination.

Eventual 2012 Republican nominee Mitt Romney trailed Newt Gingrich, Rick Perry and even Herman Cain during the fall of 2011. Hillary Clinton led the way in November of 2007, not future two term President Barack Obama. And a year before the 2004 election, the talk wasn't about John Kerry at all. Front-runners among the Dems back then included Howard Dean, Joe Lieberman and Wesley Clark.

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By Paul M. Banks,
November 11, 2019 at 10:43 pm •

Elizabeth Warren Now Establishing Front-Runner Level Momentum

As Henry David Thoreau once said "one is not born into the world to do everything, but to do something." And right now, Senator Elizabeth Warren, a woman with a plan for everything, has assumed the role of front-runner within the Democratic party. She didn't have the greatest debate performance, last night, but she did have the most speaking time, a change from the September debate, when she was third in words spoken behind Joe Biden and Cory Booker. Last night, she edged out Biden in total words spoken: 3,695-3,064. More importantly, the general tone and theme of the night was everyone vs Elizabeth Warren- a situation that makes her seem like the front-runner...