Arlen Specter to switch parties

| 28 April 2009 13:23

This is a bombshell from the political world. I believe that means Al Franken will make Obama filibuster-proof. Obviously, this is very bad news for Republicans. I suspect that the deal is that Rendell and Casey will pull out ALL the stops to get Specter re-elected too.

Confirmed that Sen Specter will become a Democrat (but he is still against EFCA as noted in his statement).

The GOP is dead in the the blue states for the foreseeable future.

I am with Kos, I see the Maine senators potentially switching now as well. They will have no legislative power anymore, so why stay with the GOP in a state where it will be easier to get elected as a Dem?

More from Daily Kos here.

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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