There's an upcoming debate on taxes and tax cuts which is likely going to define the rest of the 2010 midterm election season. This will be reported on and commented on by a wide array of people in the media, from all sides of the political landscape. But why is it that media "full disclosure" rules seem to be completely ignored during such debate by the punditry? Because by all rights, anyone in the media talking about raising income tax rates on the top two income brackets should have to disclose their possible conflict of interest in the debate. It wouldn't take much, just a simple declaration: "Full disclosure, I fall into the top tax bracket myself, so I would personally be affected by changing this rate."

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And dominate he did. Monday, he gave a rousing pro-worker Labor Day speech, Wednesday he gave a rousing speech on the economy, and Friday he held the first press conference he's held in months. Finally, the White House seems to have woken up and realized that "overexposure" of a president is a myth propagated by those who oppose him. The "bully pulpit" is there to be used, in other words, not there to gather dust until Fox News decides it is OK for the president to speak to the public.

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President Obama may be on the verge of a significant announcement -- the nomination of Elizabeth Warren to head the newly-formed Consumer Financial Protection Bureau. This is pure conjecture on my part, I have to admit right up front. But politically, it would indeed give the president a boost right when he needs it most, heading into the midterm election season.

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President Barack Obama gave a wowser of a speech today. In it, he signaled that he's completely over his obsession with chasing the non-existent pipe dream of bipartisanship from Republicans. Obama dove into the 2010 election season fray with this speech, and appeared much more like the "Candidate Obama" that so many of his supporters have been missing for so long. In a speech that was touted as an announcement of a legislative package to get the economy moving faster, Obama not only rolled out his economic ideas, but also did a better job of defining the Democratic narrative than he's done in quite a while.

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So I'd like to send a plea to Rahm Emanuel: Please, please run for mayor of Chicago, Rahm. Please.

I don't think it'd be an exaggeration to say that many Democrats across this great land (although perhaps not those in Chicago) would support your run for the mayor's office one-hundred-and-ten percent. We'd be behind your run, Rahm. We'd be delighted to see you run for mayor of Chicago. We really, really would.

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Jollification aside, though, we're still one week away from Congress returning to briefly do their job (or at least give the appearance of doing so), before they award themselves another month or so off, in order to campaign. Labor Day is right around the corner (or perhaps blowing past the corner at 75 miles per hour, if you live in the hurricane zone -- which contains, my television assures me, everything east of about Denver).

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Augusts, to be frank, are not President Obama's friend. The past month was no different, at least as measured by public opinion polling. Obama was on a downswing heading into the month, and his numbers reflect this in a stark way. In other words, it was a bad month for Obama.

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The big fight this election season hasn't really dawned yet. And all the issues in the past will likely pale in comparison to the big fight that's just ahead of us. Senate Majority Leader Harry Reid (to his credit) set up this fight, right before the midterm election's homestretch. The big fight this year is going to be over extending the Bush tax cuts to the wealthiest two percent of American workers, and to the top three percent of American small businesses. On the other side are, respectively, ninety-eight percent of American workers, and ninety-seven percent of American small businesses. Not bad odds, even for Democrats.

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The answer, as with all things Tea Party, is (once again): "it's hard to be sure." We won't really know until after the midterm elections, and at that point so much "spin" will be on the airwaves one might (if one grew up in Kansas, for the sake of argument) be excused the immediate impulse to run for the tornado shelter in the backyard. In other words, even after the elections, the answer is going to depend on who is doing the answering.

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I should say, up front, that I think Democrats are going to lose a few seats in the Senate, but that they will regain control of the chamber after the votes are counted. But while the House remains volatile in this respect, the landscape for the Senate has noticeably improved for the Democrats. So there's a little good news and a little bad news for everyone.

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