The Colorado governor Bill Ritter announced he will not seek a second term, saying he wanted to focus on his family.
The Colorado governor Bill Ritter announced he will not seek a second term, saying he wanted to focus on his family.

Obama has a mountain to shift in Denver



DENVER, COLORADO // Just a year and a half ago, Barack Obama mesmerised a crowd of 70,000 at Denver's Invesco stadium, delivering soaring rhetoric about hope and change as he accepted the Democratic Party's nomination for president. With Mr Obama in the lead, Democratic politicians charged across this traditionally Republican state, winning every major political position and swinging Colorado from red to blue in the November 2008 election.

A little more than a year later, with the economy in tatters, healthcare reform a far cry from the sweeping change Mr Obama promised and one in 10 US residents out of a job, it looks like Colorado will again be a battleground state for the 2010 midterm elections. Mr Obama's approval ratings here have sunk to 48 per cent, putting the president two to three points lower in Colorado than his national average. That may not sound like much, but this mountain state has come to be viewed by many pundits as a harbinger of national trends.

"Over the last decade, Colorado has been like the canary in the mine shaft," said Floyd Ciruli, a Denver pollster. "And now, public opinion here has turned very sharply against the Obama administration." In this fiscally conservative state, many disapprove of the stimulus package of $787 billion (Dh2.9 trillion), saying it has failed to create jobs, according to Mr Ciruli. And as the Obama brand has lost its lustre here, state Democrats have started to struggle.

Bill Ritter, the state's governor, became the first official casualty, announcing on Wednesday that he would not seek re-election. Mr Ritter, who grew up on a farm and paired cowboy boots with business suits, was initially viewed as part of a new breed of liberals who would help deliver the western United States to the Democratic Party. But the recession scuppered Mr Ritter's campaign promises to overhaul public education and invest in the state's renewable energy industry. The governor also battled labour unions and failed to win over the state's conservatives.

Although he claimed he was bowing out to focus on his family, recent polls showed Mr Ritter was trailing eight percentage points behind the Republican front-runner, Scott McInnis. "Whenever a politician says they are leaving the race for their family, you know there is something more to it," said Josh Kraushaar, who is covering the 2010 elections for Politico, a website devoted to US politics. "Ritter saw the writing on the wall."

Republicans have also set their sites on Colorado's junior senator, the Democrat Michael Bennett, a relatively unknown candidate who has so far shown little charisma on the campaign circuit. Mr Ritter appointed Mr Bennett to replace the elected senator Ken Salazar, when he was selected by the president to become secretary of the interior. "Democrats could lose every race here in 2010," Mr Ciruli said. "And this is not just a Colorado phenomenon."

Last week, two other Democratic senators, including Chris Dodd of Connecticut, who chairs the powerful banking committee, stunned the country by announcing plans to retire. Stung by months of controversy over ethical issues, Mr Dodd admitted he was in "the toughest political shape" of his career. Meanwhile Byron Dorgan, of North Dakota, claimed he wanted to pursue other interests, sending Democratic strategists scrambling to find a viable alternative in the right-leaning prairie state.

On top of that, some of the most well-known Democratic senators, including the majority leader, Harry Reid of Nevada, and Barbara Boxer of California, are looking potentially vulnerable to Republican challengers, according to recent polls. Even if the GOP picks up just one seat in the Senate, Democrats would lose their 60-seat majority, a crucial number needed to avoid Republican filibusters. Other battleground states that swung Democrat in 2008, particularly Ohio and Pennsylvania, appear poised to hand the incumbent party some stinging defeats.

"What's perhaps most remarkable is that Democrats won many elections in these states riding on Obama's coattails," Mr Kraushaar said. "Now they are distancing themselves from him on the economy, his stimulus package and health care. It is a real sign of how far his star has fallen." As hostile as the political environment appears to be for Democrats, the needle has not swung in favour of the Republicans.

Conservatives are facing their own string of retirements, and even Michael Steele, the Republican National Committee chairman, has been only moderately optimistic about potential GOP victories in the midterms. Speaking to Fox News last week, Mr Steele said he expected to get "some nice pick-ups" in the House of Representatives but not a total upset. Analysts say voters may be souring on Mr Obama's promises of hope and change, but few have forgotten that it was a Republican administration that got the country in a mess in the first place.

"Voters are looking very negatively at both parties," Mr Kraushaar said. "The mentality seems to be 'throw all the bums out'." foreign.desk@thenational.ae

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THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

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Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

WORLD CUP SEMI-FINALS

England v New Zealand

(Saturday, 12pm UAE)

Wales v South Africa

(Sunday, 12pm, UAE)

 

Result

6.30pm: Al Maktoum Challenge Round-3 – Group 1 (PA) $65,000 (Dirt) 2,000m; Winner: Brraq, Ryan Curatolo (jockey), Jean-Claude Pecout (trainer)

7.05pm: Handicap (TB) $65,000 (Turf) 1,800m; Winner: Bright Melody, James Doyle, Charlie Appleby

7.40pm: Meydan Classic – Listed (TB) $88,000 (T) 1,600m; Winner: Naval Crown, Mickael Barzalona, Charlie Appleby

8.15pm: Nad Al Sheba Trophy – Group 3 (TB) $195,000 (T) 2,810m; Winner: Volcanic Sky, Frankie Dettori, Saeed bin Suroor

8.50pm: Dubai Millennium Stakes – Group 3 (TB) $130,000 (T) 2,000m; Winner: Star Safari, William Buick, Charlie Appleby

9.25pm: Meydan Challenge – Listed Handicap (TB) $88,000 (T) 1,400m; Winner: Zainhom, Dane O’Neill, Musabah Al Muhairi

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