Political Moneyline

As the 2010 mid-term elections approach Red Elephant will begin to offer odds on incumbent re-election. In the meantime, it is worth assessing the Republican National Committee’s current leadership and whether it survives beyond January of 2011.

Michael Steele, RNC Chairman
5-1
Mr. Steele has been too freewheeling at the helm and has made GOP leadership on the Hill anxious. While RE appreciates candor, Mr. Steele has been foolish in stating the GOP will not win back the House or Senate, saying “not this year.” Instead, Mr. Steele should be focused on promoting the gains the GOP could make in November, which it is sure to do, thus instilling optimism in donors and the rank and file. By framing expectations as he has Mr. Steele is likely to be blamed for not doing enough and jeopardizing the party’s future, resulting in likely replacement when the RNC meets in January 2011.