Daily Political Wire 11-13-2010

George Wenschhof

Obama heads home with few results from Asian trip - the trade agreement with India announced during the first leg of the ten day overseas trip turned out to be the best news to come forth.

A trade agreement with S. Korea was delayed and only a statement of principle was announced from the G-20 summit on trade guidelines. The Washington Post has more here.

President Obama began the ten day trip immediately after the mid term elections and had to be hoping for more positive news following the drubbing Democrats took in Congress.

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Democrats reach agreement on House Leadership - Nancy Pelosi (Calf.) created the leadership problem when she decided she wanted to be the new House Minority Leader, a position most assumed would go to Steny Hoyer (Md.), who is the current House Majority Leader.

The odd man out became James Clyburn (N.C.), who as current House Majority Whip, would have become the House Minority Whip. Now, a new, third ranking position has been created for Clyburn, to avert a bitter struggle between Clyburn and Hoyer for the Minority Whip position. The NY Times has more here.

The next two years and the results of the upcoming 2012 presidential election will determine whether Pelosi's decision to stand and fight was good for the Democratic Party.

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Sunday Morning "Talking Heads" - the usual suspects appear tomorrow, including White House Senior Adviser David Axelrod, Senator John McCain (R-Az.) and Representative James Clyburn (D-N.C.). Politico.com has more here.

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52% Negative Rating for Palin - the president want to be can not shake the high negative rating Americans have of her. The latest Gallup poll had her favorable rating at only 40%. Not a good sign for former Alaska Governor Sarah Palin as she weighs entering into the 2012 presidential contest. Gallup.com has more here.

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