Instead of pretending we know anything about what the state of the race will be by meaningless June polling, let's instead think about what could happen to shake up the race. Specifically, what is it that the Clinton campaign would fear most?
The top pick of many will no doubt be the entry into the race of Al Gore. Should that be her fear? Or would Gore simply splinter the vote, securing Hillary the nomination? Let's consider that and other questions on the flip.
Let's talk about a Gore entry. How and when would it happen? One way it could happen is as a pseudo-Stop Hillary movement. Suppose that the "Hillary is inevitable" meme catches hold in the Media and she creeps up close or takes the lead in Iowa to match her lead in NH and nationally. The judgment is "made" by the Media that Obama and Edwards can't beat her. Could Gore pull a "here I am to save the day" act? It would be tricky but doable. But I do feel it would be an absolute precondition for this that Obama and Edwards be perceived as unable to beat Clinton. In such a case, I think Gore would be a very formidable challenge to Hillary. Under those circumstances, I think this is the scariest scenario for Clinton.
I think the chances of it happening are about 2% at the most. Why? Because Obama and Edwards will not be perceived as unable to beat Hillary, if at all, until it is much too late. Gore can not come in after Iowa. It would have to happen before Iowa. Which means September-October at the latest. Too early to write off Obama and Edwards and when they could be written off, too late for Gore to get in. It'll take a perfect storm, ironically, the high performance of a Clinton campaign would be the most important factor for it happening.
What's next? Losing Iowa to both Obama and Edwards. Clinton finishing 3rd in Iowa would be crippling to her campaign in my opinion. It would take a miracle in New Hampshire for her to recover and I doubt there will be any miracles there. Clinton supporters are not deeply committed to her in my opinion. I actually think this is the most likely of the events that could happen to derail Hillary.
What's next? Losing Iowa to Obama. See above. But not as severe as she would have finished second.
What's next? Losing Iowa to Edwards. She would be vulnerable and do or die in NH to Edwards. If Edwards could beat her in NH then he would win the nomination.
Notice a pattern here? Yep, you guessed it. Iowa is the key to the whole race. Hillary wins Iowa, the race is over. Hillary lose to both Obama and Edwards, her campaign is practically over. Lose to Obama, her campaign is in serious trouble. Lose to Edwards, she is in for a life or death dogfight in New Hampshire.
So, Iowa is the ballgame really.
Of course, I could be wrong.
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