Thursday, September 25, 2008

Who do you want in charge of your economy?

Fine Ty... I'll write something substantive.

IT'S ABOUT THE ECONOMY STUPID!

At least it sure was when Clinton was running, an we look like we're in a whole hell of a bigger mess than we were then so it's more true today than it ever was then. So what I'm gonna do is lay it out there and tell you why I believe that Obama is better for the economy than G.W. McCain is.

Now here, I'm going to break cardinal rule #1 of being a pretentious blogger. I'm going to tell you that I don't know a whole lot about economics or finance. But the thing is, almost none of us really do. There are probably only a handful of people that really understand how the global economy works, and they themselves manage to royally screw it up every once in a while, so we can't even be sure that they know what's going on. And here's the thing, most presidents don't understand all of what is going on either. McCain said it himself "I'm going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated..." And while Obama has proven smarts, he was a professor of law at the University of Chicago, not economics. Clinton, Bush #1, Bush #2, Reagan, none of them came from strong economic backgrounds. I can't off the top of my head think of any that do. Most come from military, law, or state political backgrounds.

The truth is, a country's economic policies are dictated by the people that the president surrounds themselves with. The same can be said about many domestic policies as well as military decisions, but it applies especially for economics. The major difference between the two candidates now is that the people who are advising Obama are from the Clinton era. The people who are advising McCain are the same people who have been striving towards the deregulation that brought about the current economic collapse.

In 2000, Phil Graham, the same man who called America a "nation of whiners" was instrumental in writing and passing legislation that allowed mortgage lenders to pass their loans on to others. If you're familiar with the mortgage crisis, then you'll know that it was the ability of lenders to package and then sell overvalued loans that led to the shit-storm that we're currently in. This crisis came about because of that and other deregulatory practices. Realizing this, McCain is now in the news talking about the need for more regulation. But it rings hollow when you look at the statements he has been making for years.

Barack Obama has put forth a plan along the lines of what McCain originally agreed with but has not calculated his way out of backing. In the plan that is currently forming under the stewardship of the democratic leadership the lenders will be "bailed out", but with provisions that would prevent any spending on executive compensation packages and with guarantees of equity in the companies that are bailed out. All of that is a fancy way of saying that the CEOs that ruined these institutions by taking on too much risk will not get millions of dollars in golden parachutes when they are let go, and that as taxpayers we won't just be GIVING our hard earned money to the banks, but we'll be purchasing them. This way while we will be purchasing them at a loss, the end result should be that they can be sold off resulting in a bill to the taxpayers that falls well short of the 700 billion dollar figure that is being talked about. Good thing too, since that amounts to over 2500 dollars for every citizen of the country. (including children!)

To me on this issue, it comes down to trusting which candidate is putting THEIR trust in people that have the interests of the American people at heart, and are competent about how best to help them. I don't think there's any doubt during this crisis that the deregulation first crowd is the worst possible thing for the country at this point, and that's why I believe that Obama is a better choice for our country right now.

P.S. - If you think what's happened so far is scary, check out what McCain has to say about your health care.

Pretty accurate economic comparison


superpoop.com

Tuesday, September 23, 2008

Who will tax you higher?

Don't take it from me, take it from NBC



I personally think it's the dumbest idea in the world to cut taxes in any way right now. I thought that before the bail-outs due to our giant national debt. After the bailouts, it's an even worse idea. Still, if taxes are going to be cut, I believe they should benefit the people that need the relief.

Special guest comment

"Rich,

http://mccainkeatingfive.com/?p=6

Please post this link in your blog, this is the type of information that needs to be brought to the public's attention and refresh their short memories. This is an insight to the hypocrisy of John McCain, He's not a reformer, he's a charter member of the Washington insiders clique. He's not Mr. Everyman, he's a social climber who started dating Cindy McCain while married to his first wife. He does not personify "the American Experience" he has married into the type of wealth that insulates him from it! But mostly, this illustrates the wealthy's "above the law" attitude and their use of campaign donations and insider investment deals to shield themselves from prosecution. This type of corrosive influence peddling undermines the public's confidence in our nation's credo of "equal justice for all", and is more damaging to our democracy than any terrorist attack from outside our borders. Just my opinion, -Dad"

Over the last week I've been incredibly busy preparing for sectionals as well as starting up a political science course I'm taking so I haven't had any time for the blog. Thankfully my Dad has provided, and I'll be back to work soon!

Friday, September 12, 2008

A first taste of Palin on foreign policy

Lets preface this short post (I'm working on something longer to be up soon) with a story regarding actuarial tables that try to estimate how likely it is that John McCain will yield the presidency in one way or another to Sarah Palin should they be elected:

http://news.yahoo.com/s/politico/20080903/pl_politico/13096

So there is about a 15% chance that McCain won't survive four years in office, and if you add in the chances that he'll be impeached, that he'll be rendered unfit for office by something like a stroke or medical condition, or that he'll resign before the 2012 election to offer Palin a chance to run as an incumbent, I estimate the chances that Palin will be the president for some period of time at about 20-24%.*

So it's worrying when her lack of foreign affairs knowledge shows through. In the speech she gave yesterday she reportedly linked Iraq and 9/11. It's worrying to hear her talk like George W. Bush. It's even more worrying when her back story starts to sound a lot like his. It turns out that Palin has only ever been on one trip outside the U.S. (excluding I'm sure Canada, but I have no evidence to back that up), and that came in 2006 when she got her passport to go and visit Alaskan national guard troops in Germany and Kuwait. In that time of course she met with no foreign leaders, nor has she ever as she admitted in her interview with Charlie Gibson. She went on to say that most vice presidential candidates in the past hadn't either at the time of their nomination, which has been proven false through at least the last 32 years. This link has some clips and summaries from her interview with Gibson. All of the points brought up in the article are disturbing (especially the hard talk about Russia, see my previous WWIII posts!), but one of the most frustrating to me was the dialogue quoted in the end about the Bush Doctrine.

The Bush Doctrine was, to me, the most frightening aspect of the war with Iraq. It essentially set a precedent for waging preemptive war, and in the case of Iraq specifically, without the consent of many nations of the UN. In hindsight now that the intelligence has been shown to have been rigged, over-blown, and in cases falsified, it is highly likely that the government of the U.S. or another country will use this war as a precedent for waging similar actions. It's also been demonstrated how easy it is for an administration to start a war without even having to go so far as to stage another Gulf of Tonkin.**

You could tell when Gibson asked the question that Palin was frustrated by his attempt to see whether or not she knew what the Bush Doctrine referred to, which clearly she did not. Her canned answer about fighting terrorism was a little embarassing. Once she had it explained to her though, she seemed crystal clear about her willingness to do "whatever it takes" to stop "extremists". Well fuck me, I thought she was a maverick, but it turns out she's just another fake fucking Bush-clone cowboy. Couple her responses with her talk about Russia, and there's no way we can let this ex-sportscaster have her finger anywhere near the nuclear button.

So please, please do everything you can to make sure that Obama is elected this fall. Failing that though, pray hard for McCain's health.




*This is how I got my crude guesstimate

Of all 50 presidents:

JFK assassinated in 1st term.
Lincoln assassinated in 2nd term.
William McKinley assassinated in his 2nd term.
FDR died in his 4th term.
Richard Nixon resigned in his 2nd term.
Warren Harding died in his 1st term.
Zachary Taylor died in 1st term.
James Garfield died in 1st term.
William Henry Harrison died in 1st term.

So 9/43 presidents did not last their full term. Of those 5 died of natural causes. So that means 4/43 or 9.3% of them did not finish their terms for reasons other than those covered by the actuarial analysis covered in the article. That added to the 15%chance that McCain will not survive the next four year period yields about 24%. Of course this is a crude estimate and I think the actual chances are slightly less likely than 24%, but I just wanted to emphasize the point that there is an absolutely realistic chance that Palin will become president. This makes her lack of foreign affairs all the more poignant. I realize too that that this whole excercise is more than slightly morbid, and I apologize.

** While it's been revealed one of the attacks on a US ship was falsified, it's never been shown that the first was. To all wingnut conspiracists out there, please don't bring up 9/11 as an inside job based on this off-hand comment.

Friday, September 5, 2008

Walter Reed

Just in case you were wondering what the mansion-looking building was that appeared behind John McCain during his speech was last night:

http://talkingpointsmemo.com/archives/213806.php

Seriously, and the republicans were making fun of Obama for speaking in front of columns.

Also, as usual Jon Stewart has done a much better job ripping into Palin apologists than I ever could.

Tuesday, September 2, 2008

Sarah freakin' Palin

Much was made in the days leading up to McCain's VP pick about both the timing of the announcement and the secrecy surrounding it. There had been a lot of secrecy surrounding Obama's pick which was ruined when the secret service showed up at Joe Biden's house the day before he was announced, and it seemed McCain was determined to up the level of secrecy before his announcement. And then, the day before McCain was set to announce his pick, the same day that Obama would be giving his historic acceptance speech of the Democratic nomination, news broke that Minnesota governor Tim Pawlenty had canceled all appearances over the weekend. With the popular governor of an important state appearing to ready himself to accept the VP nomination, speculating pundits seemed to conclude that Pawlenty had been tapped for the nomination. As it turned out, they couldn't be more wrong. On that day, Gov. Pawlenty had been informed that he was NOT John McCain's pick for running mate, and that instead the honor would be going to the Governor of Alaska who 95% of America had never even heard of. Gov. Pawlenty then, in a huff, canceled all of his events campaigning for McCain over the weekend.

It seems that McCain wasn't satisfied with trying to steal away some of the spotlight from Obama's historic speech just with a condecending campaign commercial the very evening Obama spoke, or with announcing his VP pick the day after his speech. He was going to surprise everyone. He was going to be a Maverick. He was going to run with Sarah Palin.

The problem with writing this has been that since I started, every day new information has come forth about Gov. Palin. Whereas a week ago, no one knew who the hell she was, now the news is inundated with information about her as the public struggles to find out what could have justified her selection as McCain's VP candidate. So far what we've found out hasn't really been pretty.

First off, Sarah Palin doesn't seem to have any credentials on international affairs or national security. Sure, as the dimmer bulbs on the right have pointed out, Alaska is indeed next to Russia. And they've even tried to point out that as Governor, she was head of the Alaska national guard. And from that clip, it seems that's all they've been able to come up with so far. But it turns out that experience not only didn't amount to any foreign affairs experience, it didn't even consist of any command experience at all. In fact by law, the governor of a state only has authority of the national guard within her own state. Any international use of the national guard falls solely under the scope of the federal government. As for other experience, Palin has been Governor of the 47th most populous state in the union for only the last two years. (Puerto Rico has more than 5 times as many citizens) Before that she served as the mayor of Wasilla, AL. A town with a population of about 7,000 people.

Then you have the apparent desire of McCain to take someone who is outside the Washington bubble, someone who is untouched by the culture of corruption that McCain himself likes to pretend that he's above. (Funny fact about the Keating five scandal, John McCain was officially reprimanded for having "poor judgment" in his actions involving Charles Keating.) Well it turns out that Sarah Palin might not be a good pick on that front either. She happens to have been a supporter of the "bridge to nowhere" before she campaigned against it during her gubernatorial* run. She may have been on board due to her having been on the committee of Sen. Ted Stevens 527 PAC. If you're not aware, Ted Stevens is the senior senator from Alaska, who is currently under indictment for corruption. He also appeared in campaign commercials endorsing Gov. Palin which until recently were available on her campaign website. The other story is something that Gov. Palin happens to be currently under investigation for. During the messy divorce of her sister and an Alaska state trooper, much pressure was put on the director of the state police force to fire her ex-brother-in-law. While Palin never directly ordered the man to be fired, she did end up firing the director who refused to fire the trooper, supposedly over budget issues.

Well, at least she can be on message with John McCain for being a moderate who has a proven record of reaching across the aisle to work with people in a non-partisan fashion right? Actually it turns out that as mayor, there was an incident where she was under threat of being recalled after firing the police chief and the library director upon taking office. Apparently she didn't feel she "had the support" of the police chief, but succumbed to public pressure and let the library director keep her job. What could have possibly possessed her to have wanted to fire the library director in the first place? Well it seems that Sarah Palin isn't much of a libertarian Alaskan after all, she wanted the directors support in banning certain books from the town library.

To top everything off, Palin is a true, dyed in the wool social conservative. She supports discrimination against homosexuals, teaching intelligent design in schools, is against any and all forms of abortion, even in the case of rape or when there is concern for the health of the mother (this means in the event the women may die if pregnancy is not terminated, just so you know what people are talking about when you hear this), and she believes in abstinence only education. And it turns out the whole abstinence only thing didn't work out so well with her oldest daughter. So as far for appealing to moderates in any way, Palin does active harm to the ticket. Especially when you consider that one of McCain's campaign goals was to appeal to Hillary supporters. They certainly won't appreciate Palin's vehement pro-life stance for sure.

But that brings me to my point in this, why exactly DID John McCain pick Sarah Palin? She doesn't seem to back up any of the themes that McCain has been stressing in his campaign. On top of that, she undermines the two biggest attacks he has been using against Sen. Obama. The first is that Obama is too inexperienced to be president. Well, while Palin argued in her speech last night that she is more experienced because of her less than two years as governor of one of the least populous states, neither than not her years as mayor of Wasilla lend much credibility to her experience as a leader or with how to run a country. Hell, she doesn't even know what a vice president does. (Ok I admit, the comment was half in jest. But let's be honest, it was only HALF in jest.) And secondly John McCain asserts that the president needs to be ready to lead on day one. Well as far as I'm concerned Barack is ready to lead on day one, and I can't for the life of me understand how anyone would think for a second that Palin might be. McCain has said many times that the VP must be someone who is able to lead the country in the event something happens to the president. Which would make Biden a good choice, and Palin, well, something else.

So you could accuse the campaign of failing to vet the Alaska governor enough. And you know what, you would be right. It turns out that when her home town paper was contacted by news organizations about stories from her time as mayor, they handed over files from before the paper had gone digital. The files hadn't been touched by anybody, not the McCain campaign or anyone. The campaign didn't even go so far as to ask prominent members of the Alaskan government about her. It turns out that McCain had only met Palin on one occasion before the Thursday before his announcement. On that day he met with Gov. Palin for only the second time and offered her the chance to be the vice president of the united states.

So what were the reasons that McCain went with Palin? There were other candidates considered that were truly more qualified for the job, better suited and less risky. There were even some that were women to woo Hillary voters. Well as far as I see it the reasons are three-fold.

1 - He needed to appeal to the base of the party.
The right wing has never been a huge fan of Sen. McCain. It's led to his Maverick image, but it's also led to him courting John Kerry for the VP spot in 2004. Die hard conservatives were frustrated with his victory in the primaries, and some swore never to vote for him. Some of these same conservatives are undoubtedly sporting McCain bumper stickers already, but he did need to shore up some support. In this regard, Palin is actually a good pick. Anyone who saw her speech last night can't deny that the crowd was behind her. True, it was behind her more when she was attacking Obama than it was at any other point, but it was behind her nevertheless. And as I've discussed she holds very conservative values. (socially at least) So as far a point one goes, I'll give him credit. Not because she's a good choice to actually govern as VP mind you, but because she fulfills this particular political function.

2 - He needs to shake up the race a little bit.
The polls took a bit of a dip for Obama lately but post-convention have opened back up with Obama leading anywhere from 5-8 points nationally. In more specific states he leads important states and it appears that if the election were held today he would win. What's more important is that Obama has rode through the first waves of negative campaigning and is poised to do some of his own. So his campaign worried that they were on the losing track if they didn't make a big move. They couldn't afford to go with a boring, predictable pick like Tim Pawlenty or Mitt Romney. Well, they certainly accomplished the goal of attracting attention. The media has been going nuts over the past week trying to uncover everything they can about Gov. Palin, and they've had plenty of success finding things to talk about. So I'm gonna go ahead and award McCain points on this. He certainly got people talking, even if I can't imagine he likes very much what they're saying.

3 - The simple fact that she's a woman.
As far as I'm concerned this is the most important aspect of McCain's choice. Now this is related to point one, because conservatives can feel inclusive and high and mighty about their acceptance of a woman when the ugly sexist democrats wouldn't let Hillary win. And it's related to point two because it's a (mildly) historic event, and it definitely got people talking. (Palin is NOT the first woman VP candidate, that honor belongs to Geraldine Ferraro, who since losing on the Dukakis ticket has gone bat-shit insane.) But the main reason is that they wanted to appeal to disenfranchised Hillary voters.

When Hillary Clinton gave her speech at the DNC, I thought one of her best points was summed up when she asked her supporters: "Were you in this campaign just for me? Or were you in it for that young Marine and others like him? ..." She essentially challenged her supporters to remember what it was that brought them to her in the first place. Not the fact that she was a woman, but because she was a politician that shared their principles and their goals for the country. Over the course of the campaign it became too focused on the fact that she was a woman, and some people lost sight of why she would have been good for the country.

And now John McCain is trying to pull these women into voting for him by inviting the token woman to the ticket. The party of actual sexism is using a woman not for who she is, but for WHAT she is. The true essence of sexism. McCain is trying to convince women to vote for him because he believes they'll vote for a woman solely based on the fact that she's there. John McCain thinks women are idiots. It CANNOT be argued that Sarah Palin adds anything to the ticket that could not have been added by another, more qualified choice, except being a woman. In patronizing the female voters of the country in this way his campaign reveals what he truly thinks of them. I can't imagine that any of the women that fought tooth and nail to earn the right to vote, to participate in democracy, to have a voice in America, would appreciate being used in this fashion. But that's not up to me to decide.


* this is an awesome word