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Investors Get Into Position to Profit From Trump Win

October 22, 2024 at 3:19 pm EDT By Taegan Goddard Leave a Comment

“Some large hedge funds and money managers, sensing a potential shift in momentum, are getting behind trades that could pay out if Donald Trump beats Kamala Harris in the presidential election,” the Wall Street Journal reports.

“While most polling still shows a tight race, that shift has rippled across markets in recent weeks, boosting assets seen as likely to benefit from a Republican victory.”

Trump Set to Go On Joe Rogan’s Podcast

October 22, 2024 at 2:16 pm EDT By Taegan Goddard Leave a Comment

“Donald Trump is expected to record an interview with podcasting behemoth Joe Rogan on Friday,” Politico reports.

“Rogan, who has more than 14 million followers on Spotify, has long occupied the top positions in national podcast ratings, and Trump’s appearance on his show continues the campaign’s push to win young male voters.”

Judge Puts Rudy Giuliani’s Property Into Receivership

October 22, 2024 at 2:11 pm EDT By Taegan Goddard Leave a Comment

A federal judge on Tuesday ordered Rudy Giuliani “to turn over all his valuable possessions and his Manhattan penthouse apartment to the control of Ruby Freeman and Shaye Moss, the Georgia election workers he defamed and to whom he now owes $150 million,” CNN reports.

“Judge Lewis Liman of the federal court in Manhattan said Giuliani must turn over his interest in the property to the women in seven days, to a receivership they will control. The judge’s turnover order of the luxury items is swift and simple, but the penthouse apartment will have its control transferred so Freeman and Moss can sell it, potentially for millions of dollars.”


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Democrats Target Overseas Americans

October 22, 2024 at 1:37 pm EDT By Taegan Goddard Leave a Comment

Reuters: “The Democratic National Committee estimates that 1.6 million U.S. voters abroad are eligible to vote in one of the seven battleground states: Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin — that will likely determine the outcome of the election.”

“The group is believed to favor Democrats. Among people who used Vote From Abroad, a nonpartisan voter support tool linked to the DNC, three-quarters of overseas voters in the 2020 election said they were Democrats.”

“So for the first time in a presidential election the DNC has given Democrats Abroad funding – around $300,000 – to help register Americans overseas to vote and ramp up its mail-in voting operations and other efforts.”

House GOP Braces for Fight Over Power to Oust Speaker

October 22, 2024 at 1:35 pm EDT By Taegan Goddard Leave a Comment

“House Republicans are gearing up for an intra-party war early next year over the ability to defenestrate a speaker. While the majority of Republicans despise the tool, which has single-handedly caused repeated chaos this Congress, a number of conservatives are prepared to fight to keep it,” Politico reports.

“Speaker Mike Johnson and other leadership allies have openly signaled that they want to raise the number of members required to force a vote on deposing a speaker; currently, a single lawmaker can call for a referendum.”

“But that fight is inextricably tied to Johnson’s ambitions to remain speaker — the members who want to see the rule to remain as it is are some of the same ones who haven’t committed to supporting his bid for the gavel, and they’re not afraid to leverage that power.”

Trump’s Threats Send Chills Across Broadcast Industry

October 22, 2024 at 1:31 pm EDT By Taegan Goddard Leave a Comment

CNN: “In the past two years, Trump has called for every major American TV news network to be punished, according to a CNN review of his speeches and social media posts.”

“He has imprecisely but repeatedly invoked the government’s licensing of broadcast TV airwaves and has said on at least 15 occasions that certain licenses should be revoked. His anti-broadcasting broadsides – against CBS, ABC, NBC, and even Fox – are almost always in reaction to interview questions he dislikes or programming he detests.”

Trump Cancels Another Event

October 22, 2024 at 1:26 pm EDT By Taegan Goddard Leave a Comment

Donald Trump was scheduled to appear at a virtual town hall with Robert F. Kennedy Jr. and former Rep. Tulsi Gabbard (D-HI) today at 2 p.m. — but it was canceled, with the organizers citing “changes in Trump’s schedule,” Politico reports.

“This event is the most recent cancellation in a string of media events that the former president has withdrawn from.”

Los Angeles Times Won’t Endorse in Presidential Election

October 22, 2024 at 1:22 pm EDT By Taegan Goddard Leave a Comment

The owner of the Los Angeles Times has blocked the paper from endorsing a candidate for president this year, Semafor reports.

The New York Times Has Missed the Story

October 22, 2024 at 12:30 pm EDT By Taegan Goddard Leave a Comment

The New York Times — like so many other media outlets — has struggled for years in trying to cover Donald Trump.

But in doing so, the newspaper has also missed the biggest story of this era, per Dan Froomkin:

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Republicans Have Big Plans If They Win

October 22, 2024 at 11:51 am EDT By Taegan Goddard Leave a Comment

House Majority Leader Steve Scalise told NOTUS that, in the first 100 days, Republicans are looking to pass a package through budget reconciliation that would cut taxes and provide new funding for a border wall.

Said Scalise: “I’ve already talked to President Trump about the top priorities he would want.”

Bruce Springsteen to Headline Harris-Obama Rally

October 22, 2024 at 11:48 am EDT By Taegan Goddard Leave a Comment

“Bruce Springsteen will headline Vice President Kamala Harris’ first joint rally with former President Barack Obama in Atlanta on Thursday, kicking off a series of concerts in battleground states,” the Atlanta Journal Constitution reports.

“Springsteen’s concert is part of a wave of new efforts by Democrats to pump up early voting turnout in Georgia amid a tight race between Harris and former President Donald Trump.”

The Philadelphia Inquirer reports Springsteen will headline a similar rally in Philadelphia on Monday.

Army to Release Records on Trump’s Cemetery Visit

October 22, 2024 at 11:45 am EDT By Taegan Goddard Leave a Comment

“A federal judge has ordered Army officials to release their records by the end of this week regarding President Donald Trump’s controversial visit to Arlington National Cemetery this summer,” the Military Times reports.

Jamie Dimon Privately Supports Kamala Harris

October 22, 2024 at 11:43 am EDT By Taegan Goddard Leave a Comment

“When Jamie Dimon surprised the political and financial elite early this year by praising some of Donald Trump’s policies, the longtime Democrat set off speculation that he had switched his allegiance to the Republican candidate,” the New York Times reports.

“He has done little since to tamp that down. The usually outspoken chief executive of JPMorgan, the nation’s largest bank, has been uncharacteristically vague about his political leanings of late. In an interview last week, he even left open the door to endorsing Mr. Trump — whose behavior in the aftermath of the last election Mr. Dimon once described as ‘treason.'”

“In private, however, Mr. Dimon has made clear that he supports Vice President Kamala Harris and would consider a role, perhaps Treasury secretary, in her administration. He has also told his associates that the former president’s 2020 election denialism remains close to a disqualifying factor.”

Trump Weighs In On Artificial Foods

October 22, 2024 at 11:30 am EDT By Taegan Goddard Leave a Comment

Donald Trump was asked about his plan to get “artificial foods” banned in urban communities.

Said Trump: “So, Bobby Kennedy, right? Everybody likes Bobby Kennedy. And he’s so big into the health food and women things. Everything. He wants to do things.”

GOP Candidate Subpoenaed in Daughter’s Divorce

October 22, 2024 at 11:28 am EDT By Taegan Goddard Leave a Comment

Ohio U.S. Senate candidate Bernie Moreno (R) was served a subpoena in the messy divorce between his daughter, Emily Moreno Miller, and Rep. Max Miller (R-OH), the Cleveland Plain Dealer reports.

Harris Expands Her Lead in New York

October 22, 2024 at 11:17 am EDT By Taegan Goddard Leave a Comment

A new Siena College poll finds Vice President Kamala Harris with her largest lead, 19 points, against Donald Trump, and now leads 58% to 39% among likely voters, up from 55% to 42% in September.

Also important: Voters favor Democrats for Congress over Republicans, 54% to 37%, up a little from 52% to 39% in September. 

Exchange of the Day

October 22, 2024 at 11:10 am EDT By Taegan Goddard Leave a Comment

Charlie Sykes moderated a forum with Kamala Harris and Liz Cheney:

SYKES: Lindsey Graham was on television yesterday saying, “What are you Never Trump Republicans doing?” There’s a lot of people disillusioned with the Republican Party but they’re afraid of paying the price because there is a cost to all of this. What do you say to them?

CHENEY: Well, don’t listen to Lindsey Graham. It’s good life advice actually.

No, the Civil War Couldn’t Have Been ‘Settled’

October 22, 2024 at 11:07 am EDT By Taegan Goddard Leave a Comment

Paul Krugman: “Trump’s most disturbing remark over the past few days may have been his unprompted comment about Abraham Lincoln.”

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Armchair Strategist: An armchair strategist is a person who creates plans and military strategy without being directly involved in the area.

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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