Steve Schmidt Says VA Elections Mean Pelosi Should Get Ready for Speaker's Office

Steve Schmidt and Nicolle Wallace were in high spirits after the Republicans had a rough night in Virginia on Tuesday. Reminder: they're both Republicans. Schmidt and Wallace are best known for running one of the worst campaigns in presidential politics-McCain 2008. It would be the worst, but Hillary happened last year.

Schmidt is reading a little too much into the Virginia results here. The state has been moving in the Democrats' direction for years now. That the party had such a big night would be even more surprising if Virginia's governor and junior senator weren't both former Democratic National Committee chairmen.