Larry Kudlow

It's so much fun reading the newspapers these days. The Sarah surge continues to dominate all the political news, while the Palin-McCain -- er, McCain-Palin -- ticket is forging ahead in the polls.

But let's be fair. Even though Sen. McCain is now riding Gov. Palin's skirt tails, he was the one who made the brilliant decision to put her on the ticket. And the louder the left screams, the better Sarah seems to do. So much better that for the first time the Intrade pay-to-play prediction market -- which long has had Barack Obama winning by 20 to 25 points in November -- now shows a McCain lead. Unbelievable.

And look at all these headlines. The Washington Post has "Palin Energizing Women From All Walks of Life." In particular, white women with children at home give Palin a favorable rating of 80 percent.

Then there's this lead story in the Wall Street Journal: "Palin Lifts McCain's Support." A WSJ-NBC poll now has the presidential race even, and it's the Palin effect that explains the shift.

One in four Hillary Clinton voters now says the Palin pick makes them more likely to vote for McCain. And traditional Republican states like Georgia, Montana, North Carolina and Alaska -- which Obama thought he'd fight for -- are now safely back in the McCain camp.

A Bloomberg news article is titled, "McCain Poll Surge, Fundraising Give Democrats Election Jitters." It talks about how Democrats now worry they'll lose the election. Rep. Arthur Davis, the Alabama Democrat who was Obama's Harvard Law classmate, says the GOP just had its best week in four years.

And Obama & Co. are completely flummoxed as to what to do about the Palin phenomenon. The normally unflappable Sen. Obama actually said, "You can put lipstick on a pig, but it's still a pig." Whew. That one will add several points to the McCain-Palin column. "Holy Sow!" reads the New York Post headline, hammering home the mistake.

Even Camille Paglia, a strong Obama supporter, is waxing rhapsodic over Sarah Palin. Paglia calls her "a new style of muscular American feminism"; a "brash ambassador from America's pioneer past"; an "optimistic pragmatist like Ronald Reagan." Following Palin's GOP convention speech, I compared the governor to a Western pioneer version of Margaret Thatcher. I'm glad to see Paglia pick up on that.

A story by Sen. Jim DeMint, R-S.C., in The Wall Street Journal is titled, "Yes, Palin Did Stop that Bridge." The senator says Palin may once have supported the infamous Bridge to Nowhere, but she then killed it.


Larry Kudlow

Lawrence Kudlow is host of CNBC’s “The Kudlow Report,” which airs nightly from 7 p.m. to 8 p.m.
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