Last minute nerves

Obama may be looking like a shoe in but Democrats have had too many disappointments in recent years

A few hours out from Election Day, both candidates have made their closing arguments and all the cards appear to be on the table, so I don’t anticipate much more drama in the presidential race. The good news for Democrats is there is not a single poll that has McCain winning the election. Among Conservative opinion-leaders, the mood is subtly shifting from the desperate search for evidence that McCain's steadily closing the gap, to self-consolation that he's kept the race relatively close despite all his disadvantages.

I don't think any remaining uncertain factors will be enough to undo Obama's lead. That being said there is a feeling of anxiety among many Democratic activists right now that something could go terribly wrong on Tuesday. There's not much evidence to support such fears, and that even if McCain winds up doing exceptionally well among undecided voters, he's probably too far behind to close the deal.

I'd argue that aside from there well-earned Democratic pessimism based on past close elections, there might be two factors underpinning this anxiety. The first is obvious enough: race. With the McCain campaign heavily relying on submerged and not-so-submerged racial appeals, old fears about the willingness of white Americans to elect an African-American president have bubbled up.

The second factor is subtler: personal emotional investment in Obama. Democrats have long considered Obama a phenomenal, once-in-a-generation leader who can be "transformational;" others have reached this conclusion more recently. Still others simply think it's imperative, that the Republican lock on the White House is terminated this year, for reasons ranging from Supreme Court appointments to foreign policy.

I wanted to understand why there was anxiety amongst the Democrat activists and one personal experience summed it up best for me – a teacher who goes by the name Ed (who is campaigning in Pennsylvania) said to me that he has only had a strong emotional, as opposed to professional or ideological, investment in the outcome of two presidential elections: 1992 and 2004. And those two Election Nights represented the ultimate highs and lows.

“Back in1992, I remember the joy I was feeling sitting in Atlanta's premier political watering hole, Manuel's Tavern, surrounded by members of a class I was teaching, as Georgia was called for Bill Clinton just two minutes after the polls closed. In 2004, the bad news came to me from a friend of mine who was working for John Kerry in Florida, and told me: "We're done in Florida, and we're done nationally," finally dashing the illusions born of faulty exit polls.”

Many other Democrats have had similar experiences, more negative than positive, usually and many more were wrenched by the endless and ultimately maddening drama of 2000 than with the near miss of 2004. But virtually all of them seem transfixed by this year's election, and what it might signify. That can produce anxiety, which will only be resolved when all the votes are in, and the Democrats have prevailed.

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French voters face a choice: Thatcherism or fascism

Today's Morning Call. 

Francois Fillon has been handed the task of saving France from a Marine Le Pen presidency and, by extension, the European Union from collapse, after a landslide win over Alain Juppé in the second round of the centre-right Republican party primary, taking 67 per cent of the vote to Juppé's 33 per cent. 

What are his chances? With the left exhausted, divided and unpopular, it's highly likely that it will be Fillon who makes it into the second round of the contest (under the French system, unless one candidate secures more than half in the first round, the top two go to a run off). 

Le Pen is regarded as close-to-certain of winning the first round and is seen as highly likely to be defeated in the second. That the centre-right candidate looks - at least based on the polls - to be the most likely to make it into the top two alongside her puts Fillon in poll position if the polls are right.

As I explained in my profile of him, his path to victory relies on the French Left being willing to hold its nose and vote for Thatcherism - or, at least, as close as France gets to Thatcherism - in order to defeat fascism. It may be that the distinctly Anglo-Saxon whiff of his politics - "Thatcherite Victor vows sharp shock for France" is the Times splash - exerts too strong a smell for the left to ignore.

The triumph of Brexit in the United Kingdom and Donald Trump in the United States have the left and the centre nervous. The far right is sharing best practice and campaign technique across borders, boosting its chances. 

Of all forms of mistake, prophecy is the most avoidable, so I won't make one. However, there are a few factors that may lie in the way of Le Pen going the way of Trump and Brexit. Hostility towards the European project and white  racial reaction are both deeply woven into the culture and politics of the United Kingdom and the United States respectively. The similarities between Vote Leave and Trump are overstated, but both were fighting on home turf with the wind very much at their backs. 

While there's a wider discussion to be had about the French state's aggressive policy of secularism and diversity blindness and its culpability for the rise of Le Pen, as far as the coming contest is concerned, the unity of the centre against the extremes is just as much a part of French political culture as Euroscepticism is here in Britain. So it would be a far bigger scale of upheaval if Le Pen were to win, though it is still possible.

There is one other factor that Fillon may be able to rely on. He, like Le Pen, is very much a supporter of granting Vladimir Putin more breathing space and attempting to reset Russia's relationship with the West. He may face considerably less disruption from that quarter than the Democrats did in the United States. Still, his campaign would be wise to ensure they have two-step verification enabled.

A WING AND A PRAYER

Eleanor Mills bagged the first interview with the new PM in the Sunday Times, and it's widely reported in today's papers. Among the headlines: the challenge of navigating  Brexit keeps Theresa May "awake at night", but her Anglican faith helps her through. She also lifted the lid on Philip May's value round the home. Apparently he's great at accessorising. 

THE NEVERENDING STORY

John Kerr, Britain's most experienced European diplomat and crossbench peer, has said there is a "less than 50 per cent" chance that Britain will negotiate a new relationship with the EU in two years and that a transitional deal will have to be struck first, resulting in a "decade of uncertainty". The Guardian's Patrick Wintour has the story

TROUBLED WATERS OVER OIL

A cross-party coalition of MPs, including Caroline Lucas and David Lammy, are at war with their own pension fund: which is refusing to disclose if its investments include fossil fuels. Madison Marriage has the story in the FT

TRUMPED UP CHARGES?

The Ethics Council to George W Bush and Barack Obama say the Electoral College should refuse to make Donald Trump President, unless he sells his foreign businesses and puts his American ones in a genuine blind trust. Trump has said he plans for his children to run his businesses while he is in the Oval Office and has been involved in a series of stories of him discussing his overseas businesses with foreign politicians. The New York Times has detailed the extentof Trump's overseas interests. 

TODAY'S MORNING CALL...

...is brought to you by the City of London. Their policy and resources chairman Mark Boleat writes on Brexit and the City here.

CASTROFF

Fidel Castro died this weekend. If you're looking for a book on the region and its politics, I enjoyed Alex von Tunzelmann's Red Heat, which you can buy on Amazon or Hive.

BALLS OUT

Ed Balls was eliminated from Strictly Come Dancing last night, after finishing in the bottom two and being eliminated by the judges' vote.  Judge Rinder, the daytime TV star, progressed to the next round at his expense. 

AND NOW FOR SOMETHING COMPLETELY DIFFERENT

Helen reviews Glenda Jackson's King Lear.

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Stephen Bush is special correspondent at the New Statesman. His daily briefing, Morning Call, provides a quick and essential guide to British politics.