Indiana tilts Red: “Indiana still has the look of a likely Republican Senate pickup, with former Senator Dan Coats remaining comfortably ahead of his Democratic opponent Brad Ellsworth. The latest Rasmussen Reports telephone survey of Likely Voters in the state finds Coats with 51% support, while Ellsworth earns 30% of the vote, his poorest showing to date.”

Media moguls are blue about the economy: “Lingering anxiety over the state of the economy colored the proceedings at the annual Sun Valley media and tech mogul gathering, which wrapped during the weekend. On the sidelines of the Allen & Co. camp, execs predicted a long and slow U.S. recovery, which could also affect the advertising market. A few expressed fears of a double-dip recession.” All that money donated to the Obama campaign was the worst investment they ever made.

Orin Hatch explains why Elena Kagan shouldn’t don the black robes: “Over the Supreme Court’s long history, justices who were nominated without past judicial experience have had an average of 21 years of legal practice. Ms. Kagan has two. Her experience is instead academic and political. … I asked for her own views, but she instead told me what Congress said, what she argued before the Court, and what the Court held. … She would not even admit that she had in fact written the 1996 memo about partial-birth abortion that not only bore her name but included her handwritten notes. After three attempts, all she would say is that it was in her handwriting; I suppose that left open the possibility that it had been forged.” And then there’s her judicial philosophy, such as it is.

Sen. Brown caves: “U.S. Sen. Scott Brown (R., Mass.) said in a written statement Monday he plans to support the financial-overhaul bill, taking the White House and Democrats to the verge of the support needed to pass the bill.”

Marco Rubio hauls in the greenbacks: “Marco Rubio raised more than $4.5 million in the second quarter, his campaign said, beating rival Charlie Crist’s previous record. Crist raised $4.3 million in his first fundraising quarter of the race, back when he was a Republican, a national record for the cycle.”

A golden opportunity for the GOP: “Republicans are set up to gain a large number of governorships nationwide. At a minimum, the GOP could gain eight, giving the party 32, but larger gains are very possible.”

A silver lining for Obama, says Larry Sabato: “A GOP House would be a godsend in one way: it would give Obama someone to blame for everything, and presidents almost always look better by comparison to Congress. In that sense, it would help his reelection bid.” And a bonanza for the American people: “[I]t would also signal the end of an ambitious Obama legislative program. With Democrats now guaranteed to lose lots of Senate and House seats — even if they maintain narrow control — Obama’s salad days are over for this term.”

Greg Sargent of the Plum Line (yeah, plum is a color) argues that the Tea Party movement is “being widely doted upon as a genuine political movement even though it’s built largely on pure fantasy.” Well, this is a dreamy year for conservatives.

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