DC Ticker on ABC News: Burton, Buy; Sessions, Sell
For some time, I've had a mostly daily feature on my Twitter feed called DC Ticker, in which I issue buy or sell orders for various political and policy players. It's amusing (I hope) shorthand for who's trending up or down, according to the news of the moment. I keep the assessment non-ideological. Some Twitter followers were irritated recently when I issued a buy order for Karl Rove, but this rating was based on the increasing influence of the billionaire-funded super-PAC he has put together to exploit the Citizens United decision and assist GOP candidates in the 2010 congressional campaigns.
Now, DC Ticker is expanding. ABC News White House correspondent Jake Tapper is starting a weekly digital show today. It's called Political Punch, which happens to be the name of his rather good blog. Each edition of the PP show will include a DC Ticker report from me. Part of the fun so far in compiling the DC Ticker has been in not explaining the picks. Often, the reasoning is obvious (if you pay attention to political developments). But not always. Occasionally, if enough people ask, I might offer an explanation. But there's no guarantee. The producers of Tapper's new show, though, have requested transparency for DC Ticker. So here's a brief run-down of the choices and the whys.
* Bill Burton, buy. Lots of chatter of late about White House press secretary Robert Gibbs leaving his post for another White House gig or to head the Democratic National Committee. Burton, the assistant press secretary, is in line to take Gibb's place at the podium (though there are others presumably in contention).
* Rep. Pete Sessions, sell. He heads the Republican Congressional Campaign Committee. With a flurry of articles saying, well, the Democrats just may be able to hold on to the House majority, his stock is slipping.
* John McCain, sell. A New Yorker piece contained a telling nugget: McCain dressing down Sen. Lindsey Graham, a fellow Republican, for trying to steal McCain's "maverick" label. High school, anyone?
* Anthony Kennedy, buy. Yeah, yeah, yeah, there's a new Supreme Court Justice named Elena Kagan, and she is a she. But as the court opens its term this week, Kennedy remains the main swinger on this bench.
* Jon Stewart, buy. At the start of this week, nearly 200,000 people had declared on Facebook that they will attend his Rally To Restore Sanity on October 30 in Washington, DC. Whether this event is serious or a stunt, Stewart wins: he'll get plenty of media attention this month and, best of all, a ratings hike. (For my quasi-serious take on Stewartpalooza, see here.)
You can receive my almost-daily DC Ticker report by following my Twitter feed. (#DCticker is the Twitter hashtag.) Please feel free to argue with my selections—though all decisions of the judges are final. And please feel free to make suggestions for buy or sell orders in the comments below or on Twitter (by replying to @DavidCornDC). And there's this: DC Ticker is merely an advisory service. It and its author cannot be held liable for any investments made in politicians, policy wonks, or government officials on the basis of the information presented.