I am surprised that Mark Warner is not getting more press as a potential VP for Barack Obama. Warner was an extremely popular VA Governor and connects with rural voters. I think it is safe to say that if Mark Warner were not running for John Warner's Senate seat, he'd be a huge favorite for the VP slot. But lets assume he gave up the Senate run to be Obama's VP. I am sure the Virginia Democratic Party can find some other rising star to replace him for the race.
An Obama/Warner would cause tremendous turnout in Virginia, and as a result, the replacement Dem Senator would still be in a good position to beat the Republican. Especially the way GOP has been losing these House races, it is a clear sign that voters are going to favor Dems in the next election.
The NY Observer spelled out why Warner makes sense:
Warner, 53, would bring more than just his home state popularity to an Obama-led ticket. He would also provide the executive experience missing from Obama’s résumé, and in a campaign in which the economy is increasingly taking center stage, Warner’s business background—he amassed a fortune investing in technology companies and helping to launch Nextel—would boost the ticket’s credibility on the subject. And as a centrist with a knack for winning Republican support, his presence could make Obama viable even in some Southern states.
More to the point, Warner and Obama are in many ways cut from the same stylistic cloth. They’re both believers in a less ideological, future-vs.-past type of politics. Warner’s signature gubernatorial achievement was a tax reform package that raised rates for some in order to preserve the state’s bond rating and to create new revenue for public education. In a tax-phobic state, he enlisted crucial support from business leaders and Republicans—including Senator John Warner—to push the plan through the Legislature.
Warner is one of the very few Democrats who manages to match Obama's strengths. While it is not clear whether he opposed the Iraq war as did Obama, Warner has largely steered clear of foreign policy debate, which is probably a benefit for Obama--Obama seems most comfortable, in command and innovative when talking about foreign policy. Warner is, rather, Obama's domestic policy doppelganger, a reformer/pragmatist with a focus on innovation and technology. And they are, I would think, on the same page when it comes to Obama's more advanced domestic initiatives, such as his open government and technology investment ideas. I would love to watch Obama and Warner having a bullshit session, tossing around outside-the-box ideas.
Best of all, Warner is young, at 53. Not only does he reinforce Obama's strengths in that regard (and highlights the contrast with McCain), he holds out the promise of a dynamic VP running for the Oval Office in 8 years.
It’s also worth noting the overlap between Warner’s political universe and Obama’s. Warner himself hasn’t endorsed anyone for president (because of his status as a Senate candidate), but his wife chaired a “Women for Obama” committee in Virginia. And when Warner opted not to run for president in the fall of '06, most of his top financial backers—Beyer included—shifted their allegiances to Obama, who was then on the verge of entering the race.
I think the risk (which I think will be low) of losing a Senate seat is outweighed by the benefits Warner would bring to the Dem ticket.
http://www.dailykos.com/storyonly/2008/5/12/82731/5069http://www.observer.com/2008/obama-warner-scenario