Caroline Kennedy Likely to Take Clinton's NY Senate Seat

Reports are suggesting that Caroline Kennedy is likely to take over the NY Senate Seat vacated by Hillary Clinton in January when she assumes the role of US Secretary of State. Kennedy was on the "short list" for this position and now she has indicated interest in the job. As a key figure in politics for many years and an early and prominent Obama supporter, Kennedy appears likely to get the nod soon for the Senate.

Michael Bloomberg to enter the Presidential race ! ?

New York Mayor Mike Bloomberg's staff has been preparing for a possible presidential run on a third party ticket. This could be a very significant development given the ambivalence towards the frontrunners in both parties. Bloomberg is a Democrat but as a billionaire businessman would also have appeal to many Republicans, so his effect on the ultimate outcome is hard to predict and, unlike Ross Perot, Bloomberg arguably has a higher quotient of personal+professional appeal than Clinton, Obama, Giuliani, or Romney.

President Picker is waiting for more information on the possible Bloomberg candidacy, but at the very least this is a potentially destabilizing development for both parties. If more than two fo the current frontrunners appear to falter without a surge by the competition, look for Bloomberg to jump in to the Presidential race as a third party candidate.

Hey, I bet Donny Deutsch knows if Bloomberg will run and I'm hoping to meet him at CES Las Vegas. Deutsch's masterful advertising expertise helped bring Bill Clinton to power, and clearly marketing is a key skill for a presidential team so it wouldn't surprise me if Donny's already been contacted by the Bloomberg staff for ideas and thoughts on the possibility of a Bloomberg run.