Hard to know quite what to make of this, or how much to make of it. But we’re getting what may be a preview of elements of a new era in the Middle East. According to a just released communiqué, Turkey and Pakistan will be sending troops to Saudi Arabia under the three countries’ new “Mecca Pact” to assist with fighting the Houthis in Yemen. The statement is very short on details. So it’s not clear whether this is a meaningful deployment of manpower and resources or something more nominal and symbolic. Nor is the timing of any deployment clear.

It’s hard to know what to say about former Republican Speaker of the House Denny Hastert, whose death at the age of 84 was reported this morning. Few if any political leaders in modern American history have experienced a fall quite so ignominious and total. The obvious point of comparison is Richard Nixon. But post-Watergate Nixon was never without his defenders and supporters. All but his most adamant critics granted significant successes of his presidency. And by the time of his death in 1994, he’d made significant progress in being treated by many as a sage elder statesman, albeit a greatly tarnished one. Hastert remains almost a test case of a top political leader whose fall was immediate and absolute. He came as close as one can come to have to having zero public defenders (though a significant number of former colleagues wrote leniency letters on his behalf at sentencing in 2016).

What stands out in my mind are two moments, one from his moment of ascent to power and another at the denouement but certainly not the nadir of career. Go back to 1998. The so-called Lewinsky scandal had been trundling forward for most of the year. Republicans are giddy about the Red Tsunami that was about to supercharge the existing GOP majority. Predictions of a 30- or 40-seat pick up were common and assumed. (I was one of few people I knew to basically predict no wave at all; it was simply a matter of watching the polls rather than the bipartisan hype.) When Democrats ended up gaining five seats, House Speaker New Gingrich was summarily tossed overboard — a mix of the failure of his wild overpromising and slowly building frustrations with his erratic and high drama leadership style.

The New York Times and Siena released another batch of polls this morning across a swath of red states. The general picture is the same as its been for weeks. Many of these races are close. But Democrats are ahead in almost all of them. The exception in this batch is Iowa where Ashley Hinson is up by a single point over Democrat Josh Turek. That’s essentially a tie and it compares to Sherrod Brown +3, Mary Peltola +7 (first round) and James Talarico +6.

Some have posited at least the possibility that Democrats are benefiting from poll bias in the reddest states. But I think the real story here is another we’ve discussed: candidate quality. Hinson has run in and won a number of competitive races over the last decade. And she’s objectively a solid if not necessarily a terribly candidate. She’s a former newscaster and those always benefit from some level of familiarity and trust based on many voters feeling they know them. The others range from meh (John Husted in Ohio) to catastrophic (Ken Paxton). Again and again we’re seeing cases where Republicans have been able to run passable and even sub-standard candidates in red states. And there’s a good chance that will continue to be the case when there’s no Cat-5 Hurricane year. But it’s when a big storm comes that you find out the levee ain’t very strong.

We’ve been following this conversation here in The Editors’ Blog about what AI is, what it can do and whether it can possibly live up to its hype. It’s worth considering the question from what we might loosely call not only the supply side but also the demand side. From a very broad perspective, the history of the last three decades has been one defined by the fact that you have too much capital chasing too few productive investments. That’s the driver of the recent history of cycles of booms, bubbles, over-investment and busts: the Asian Financial Crisis, the Dot Com Bust, the Global Financial Crisis, perhaps soon the AI Bubble Collapse, along with many smaller of regional ones.