From the subscription only Hotline:
Sen. Russ Feingold (D-WI) could run for the WH in '08 without losing his seat. A "presumably crowded" IA field would "benefit Feingold," and he could also do well in NH, "which likes its mavericks," like WI. The '04 lesson was "what happens in Iowa can determine what happens in" NH. In '04, Feingold received 143K more votes than John Kerry and 154K more than Pres. Bush. At the close of the post-election reporting period, he had $585K cash-on-hand, and top Dems "expect Feingold to do some national traveling and make some preliminary explorations" of the WH idea. They agree he'll "have a plan and proceed accordingly." A source: "He just accomplished an impressive victory in a heartland swing-state in a year that wasn't so kind to" Dems, "so I think he will be looked at as a new voice for the party as it moves forward." The source added that Feingold has "every intention of continuing to use his voice to build the party, to speak out on important issues and to advance a progressive reform agenda tat not only has a lot of support" in WI "but across the country."
Feingold is in an odd position. Even though he has won three terms in the US Senate, he actually is still known as a "reformer" and an "outsider," due in no small part to the constant repetition of the "McCain-Feingold" legislation in the national media. Because of this reputation, among all Democratic Senators, except perhaps Obama, I think he would be the best bet to capture the
non-ideological reformers that I believe are a key to future Democratic success. Then again, we thought Kerry's national image as a war hero was already fixed in people's minds as well...
I don't know what his verbal skills are in talking to the base, but he seems generally well liked among progressives. He would also benefit from the new partisan map. In fact, being from Wisconsin he would have an astonishing 248 electoral votes with a +5 or greater partisan index in his favor. Overall, Feingold is an intriguing possibility.