If not Biden, Warren, or Sanders … then who?

The idea of former First Lady Michelle Obama entering the 2020 presidential sweepstakes has been bandied about for quite some time. But recently several mainstream media outlets, including The New York Times, have reported that the Democratic establishment is genuinely anxious about their party's White House chances in 2020. According to the Times' report, during a recent meeting of high-powered Democratic donors in New York one attendee wondered whether Mrs. Obama would consider a late entry.

Cathie Adams, a former chairman of the Republican Party of Texas, offers her thoughts.

"I think that it could be Michelle Obama who comes in at the last minute and says 'I'm here to save the day,'" Adams shares. "Elizabeth Warren is not exciting anyone; Joe Biden and his corruption is not exciting anyone; [and] I don't think Democrats are looking for a replay from Hillary Clinton."

But that's not to say Adams thinks Mrs. Obama will be popular with ordinary Americans.

"I don't think that Michelle Obama is liked any more than was Hillary Clinton," Adams states. "And I think if she gets out on the campaign trail and we start looking at some of the things that that woman did as first lady … most Americans are going to be just as repulsed."

Adams argues that Americans want someone who works hard to earn their vote. "[They] do not like to be around candidates who think that you owe them a vote," she says.

Other names brought up as possible late entries into the Democratic field, according to the Times, include former NYC mayor Michael Bloomberg, former U.S. Attorney General Eric Holder, former Secretary of State John Kerry, U.S. Senator Sherrod Brown of Ohio, and former Massachusetts governor Deval Patrick.