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Notwithstanding the fact that she has denied having presidential ambitions, or plans to run for president, on听听, Massachusetts Sen. Elizabeth Warren keeps being mentioned by pundits and political observers as someone who could potentially be a challenger to Hillary Clinton for the Democratic nomination for president in 2016, or an alternative candidate should Hillary decide not to run. Much of this speculation seems to be little more than wishful thinking on the part of political analysts and reporters hoping for something other than a quasi-coronation on the Democratic side of the ballot in 2016 and by Republicans who have been engaged in a rather obvious strategy of trying to undermine Mrs. Clinton before she even throws her hat in the ring. In addition, there seems to be at least some contingent of the so-called 鈥減rogressive鈥� wing of the Democratic Party that wants to see Senator Warren run, either to force Hillary to move to the left on certain issues or because they really don鈥檛 like Clinton. Some of them even听听not unlike the 鈥淩eady For Hillary鈥� movement that has been going for the better part of a year now, although it is much smaller in scope.

Despite all of this speculation and hope in some quarters, though, the actual prospects for a Warren campaign seem dim at best. She has said on multiple occasions that she has isn鈥檛 running for president, and that听听Polling has shown her to be听, although much of that may admittedly be due to name recognition issues. Additionally, the argument that some have made to try to analogize a potential Clinton-Warren race to what happened in 2008听听Perhaps the most important argument against a Warren run for the White House, though, lies in the fact that some of Warren鈥檚 biggest donors are听

If Elizabeth Warren does in fact reverse her repeated denials of interest and decides to run for president, she will have to do so virtually alone. That鈥檚 because almost to a person, her earliest and most devoted backers do not want her to challenge Hillary Clinton for the Democratic nomination.

鈥淚f Elizabeth called me up and said, 鈥業 am thinking of running for president,鈥� I would say, 鈥楨lizabeth, are you out of your goddamn mind?鈥欌�� said one New York-based donor who has hosted Warren in his living room. 鈥淚 really like Elizabeth, but if Hillary is in the race it just makes no sense.鈥�

This conversation was echoed again and again in more than a dozen interviews with big-ticket Democratic donors in Warren鈥檚 hometown of Cambridge, Massachusetts, and in cities that operate as ATMs for the Democratic money machine, like New York, Washington, Los Angeles, and San Francisco. Over and over again, the message was the same: Stay in the Senate, Liz, stay in the Senate.

There are many reasons why Warren would want to mount a campaign. The primary animating force of her political career 鈥� that the economy is unfairly tilted toward the rich, and that the Wall Street banks are rigging the game 鈥� has struck a chord with the activist wing of her party. And that same activist wing doesn鈥檛 believe that Hillary Clinton, with her six-figure speeches to Goldman Sachs and her ties to the triangulating policies of her husband, can carry that banner for them. Warren has become a top Democratic surrogate in red states like Kentucky and West Virginia, and in races across the country, 鈥淭he Warren Wing鈥� appears to be on the march.

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Were she to run, Warren would face enormous challenges, mainly in that Hillary Clinton remains historically popular with Democrats. But the fact that the network of Democratic insiders who helped Warren raise a record $42 million for her 2012 Senate bid want her to stand down in deference to Clinton should all but end speculation that she will be a candidate.

鈥淚 think she is outstanding. She is articulate. She is persuasive. She can hit a piece of [expletive] from a hundred yards away,鈥� said Victor A. Kovner, a Manhattan lawyer who hosted Warren for a fundraiser way back in 2011. But, he added, 鈥淚 will be supporting Hillary in 2016. No question about that.鈥�

Some Democrats who say they support Hillary still want Warren in the race, under the theory that it will give a platform to Warren鈥檚 ideas on the economy that she cannot achieve while serving as one of 100 senators.

But Kovner, echoing other members of the Democratic donor class, rejects this view. 鈥淧eople should run to win,鈥� he said. 鈥淭hey shouldn鈥檛 run to have a voice. That is what Herman Cain did.鈥�

Even if Clinton decided not to run, some of Warren鈥檚 supporters doubt she鈥檇 be a viable candidate:

鈥淚f Hillary comes out tomorrow and says, 鈥業鈥檓 not running,鈥� obviously, this becomes a difference question, but I still think she shouldn鈥檛 run,鈥� said one New York-based financial supporter. 鈥淪he has so many holes in her resume. Even Obama had more experience than she does.鈥�

Added another California-based donor who has given thousands of dollars to Warren鈥檚 political action committee, PAC for a Level Playing Field, 鈥淚 don鈥檛 think she would be a very good president. Two years ago she was a college professor, for goodness sakes. She has one issue and she is a great advocate for that one issue. She doesn鈥檛 have the breadth of experience necessary to be president.鈥�

And even those who say they would be the first to line up behind a Warren candidacy say that part of them hopes she doesn鈥檛 do it. 鈥淥f course I would be with her,鈥� said one Massachusetts Democrat who was one of Warren鈥檚 earliest supporters. 鈥淏ut this is Ted Kennedy鈥檚 seat. We know what can be accomplished in a long Senate career 鈥� it is almost as much as can be accomplished in the White House.鈥�

Unlike many others, I have never really bought into the idea of Warren as a presidential candidate. Notwithstanding her populist message, which really isn鈥檛 all that different from what we hear from Democrats like Brian Schweitzer and Russ Feingold, whom many Democrats have tried to coax back into politics more than a few times in recent years, she has not struck me as the kind of candidate that would really catch on nationally the way that Barack Obama did in during the 2008 campaign. Additionally, outside of the aforementioned progressive wing of the Democratic Party, I haven鈥檛 seen all that much evidence that the ideas she talks about would really resonate with the electorate as a whole. Most importantly, though, my own observations of her during the 2012 campaign and since she has taken office don鈥檛 indicate to me the kind of person that would come across well on the campaign trail. She鈥檚 not a particularly charismatic public speaker, for example, which isn鈥檛 surprising given her history as an academic. In fact, many of her speeches come across more as law school lectures than campaign speeches, and you don鈥檛 win elections lecturing the voting public as if they were mere students. Compared with many of the other potential candidates that could enter the Democratic race even if Clinton doesn鈥檛, there just doesn鈥檛 seem to me to be anything about Warren that indicates that she would be that special candidate that would be the one to come out of relatively political obscurity to win her party鈥檚 nomination.

Even if you disagree with my assessment of Warren鈥檚 abilities as a candidate, though, the fact that many of her own donors are already telling her that she shouldn鈥檛 run seems to be pretty strong evidence in favor of the idea that she isn鈥檛 going to run or that, if she did, she would not be nearly the threat to Clinton that many suppose she would be, or that the media and Republicans seem to hope she would be.

Doug Mataconis appears on the Outside the Beltway blog at .