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Monday, November 8th, 2010

GOP Poised To Reap Redistricting Rewards
Sean kicked off Monday’s show discussing an article written in National Review by Michael Barone {Article}. Barone, a senior political analyst for the Washington Examiner, detailed the GOP’s landslide victory in the House (you’d have to go back to 1946 and 1928 to find years when Republicans did better). Republicans achieved great gains in state legislatures, where they gained about 125 seats in state senates and 550 seats in state houses — 675 seats in total. That gives them more seats than they’ve won in any year since 1928. “People need to absorb the depth and breadth of such a huge Republican victory. Because it was needed more than ever,” Sean commented. As Barone wrote in his article, the Republican victory will make a difference, and not just in redistricting. “State governments face budget crunches and are supposed to act to help roll out Obamacare. Republican legislatures can cut spending and block the roll-out,” said Barone.

Stuart Varney On The State Of U.S. Economy
Stuart Varney, a Fox Business contributor, joined Sean to discuss criticism by Germany of the economic policy of the United States. Germany’s finance minister, Wolfgang Schauble, accused the U.S. of undermining its policy making credibility, increasing global economic uncertainty and of hypocrisy over exchange rates. The U.S. economic growth model was in a “deep crisis,” he also warned over the weekend. Varney agreed with the criticisms. “As you know Sean, we are printing another 600 billion dollars which we are going to chuck out into the economy by helicopter Ben Bernake. So the question becomes, ‘Why are we doing this?’” Varney asked. The United States printed money just eighteen months ago – nearly 2 trillion dollars worth – and it didn’t work. “Why are we doing it again?” Varney asked Sean. And it’s not as if Germany doesn’t know what it’s talking about. It was reported last week {Article} that Germany’s unemployment rate dropped to its lowest level in 18 years –while the U.S. continues to be mired in one of the worst unemployment stretches in its’ history and debt that continues to climb out of control.

Too Close To Call: Alaska Senate Race
Alaska Republican Joe Miller and Sen. Lisa Murkowski are gearing up for a legal battle that will most likely begin this week, when election officials will start officially counting write-in votes in the Senate race. According to, write-in votes, most of which were presumably cast for Murkowski, garnered 41 percent of the vote tally in Tuesday's election — 13,439 more votes than Miller's total. But Alaska election officials will not know for sure how many votes Murkowski received until they begin totaling the write-in ballots on Nov. 10 — a process that could take days or even weeks, depending on any legal challenges. Joe Miller joined Sean on the NewsMaker Hotline to discuss the issue. “There is lots of work to be done, but we’re just anxious to make sure the rule of law is followed,” an upbeat Miller explained to Sean. Miller remains cautiously optimistic that he’ll come out on top. “It’s important to remember that nothing has been counted yet, and there may be some of our votes in those write-ins too,” Miller added.

Show Guests

Joe Miller

Miller is the Republican Nominee for the United States Senate in Alaska, running against Democrat Scott McAdams and GOP Senator Lisa Murkowski who announced her write-in campaign. After graduating from law school, Miller accepted a position at a prestigious law firm in Anchorage. Just three years later, at the age of 30, he was appointed as a State Magistrate (the youngest then serving in Alaska) as well as a Superior Court Master for the Fourth Judicial District. Further honors followed four years later when Miller was appointed an Acting State District Court Judge and, shortly thereafter, U.S. Magistrate Judge in Fairbanks. Again, he had the distinction of being the youngest then serving in that federal position, not only in the state, but also in the entire nation. He was also the only judge in the United States, at that time, serving at both the federal and state levels simultaneously. In 2004, Miller stepped down from the bench to run for State Representative. He... More >

Stuart Varney

Stuart Varney is a conservative British-American economic journalist, currently working for the Fox News Channel and the Fox Business Network in the United States. Varney joined Fox News in January 2004 as a business contributor on many shows, such as Your World with Neil Cavuto. Varney will also occasionally serve as guest host for Your World and the shows on the Cost of Freedom business block.