Archive for the ‘politics’ Category

Read it and Weep

Thursday, January 29th, 2009

A 40-Year Wish List: You won’t believe what’s in that stimulus bill.

Via Brutally Honest, where the bill is delightfully mocked as a “stifle-us bill.”

Neither mentions the windfall ACORN may be in store in this $90 billion short-term stimulus package riding athwart close to $750,000,000,000 worth of pork projects and state business that does anything but stimulate private sector job growth and wealth creation based on actual market demands (yelling, “STOP!”).

Summoning a little snark

Tuesday, January 20th, 2009

Here’s my attempt:

So this is how liberty dies?

To a John Williams soundtrack…

As bad as that joke was, the movie from whence it derives is much worse.

Seriously, though, congratulations to Obama and his supporters, and to all Americans who have the finest form of government ever attempted, even if it’s getting outragously big.

Another unrelated comment: didn’t the bassist from Living Colour look a whole hell of a lot like Jerry Rice?

Hot News of the Day

Tuesday, December 16th, 2008

Pardon my French

Friday, December 12th, 2008



Killed, though, for now by the UAW.

The deal-breaking concessions sounded reasonable to me.

I Voted

Tuesday, November 4th, 2008

Turnout in my precinct looks to be huge. My neighborhood’s what I suppose you’d call black, middle-class. Most of the housing is in single-family residences, most of them are owner-occupied. To turn a Dave Chappelle joke on its head: I am the white neighborhood in it, although my next door neighbors are from Mexico and the family three houses down are from Vietnam (the parents, at least).

Our precinct used to use butterfly punch-card ballots, but since the 2006 election, we use paper ballots that are read and counted optically. After filling out the ballot, you stick it into the machine and if there are no problems reading it, the ballot drops into a bin and the number on the display increments by one. I was the 299th voter today and the house was packed when I was there. Voting in the primaries, I was the 17th, although I was an hour earlier to the polls then. Only 338 citizens voted in my precinct in that election—you can see me there as the lone voter for Fred, who had already dropped out of the race.

The woman behind me in line to get a ballot today was a first-time voter in her upper twenties and the two women in the two booths to my right probably were on the lower end of the 18-24 demographic, judging by their voices and the content of their conversation carried on through the canvas walls of the booths: “Who should I vote for? I don’t know any of these people!” I assume they were at the part about keeping judges, which is a pretty hard call for a lot of people, I suppose. I seach the internet for the judges’ names before the election to make sure none of them are loonies or legal incompetents—if no evidence exists that they are, I vote them back on. I enthusiastically voted to retain Judge Tom DiFanis on the strength of this story, preserved at Illinipundit and copy-pasted here:

Some people showing up for jury duty at the Champaign County Courthouse in Urbana this morning were sent home, not because there were no trials for them to hear but because construction had displaced them.

“We’ve got no place to put these jurors,” an irritated Presiding Judge Tom Difanis said this morning. “What am I going to do with them? Have them stand in the construction area?”

Tuckpointing on the old courthouse began last week in advance of the renovation of the courthouse bell tower. The work means that the jury assembly room, on the first floor of the old courthouse at the west end of the courthouse complex, will be out of commission for several months.

“They (county administrators) had their timetable, and we just merely suggested that they make a place for us to put our jurors and they haven’t,” Difanis said this morning. “I’ve been with Champaign County going on 36 years. It really doesn’t surprise me we’re this inept.”

The man’s in touch with the voters.

It doesn’t matter much who I voted for. Unless a deplorable fraud happens, the electoral collegian representing me here in Illinois will be voting for Barack Obama. Dick Durbin will win re-election in a landslide. I’ll be interested to see how local offices turn out. I imagine that a great many first-time Obama voters will vote straight-party tickets for the Democratic Party candidates. Some may choose not to vote for those offices.

So, to sum up, turnout in my precinct looks excellent—it was pleasing to see evidence of new voters taking up their responsibility to elect our government. Returns will be posted by Mark Sheldon here as they come in tonight. Here’s hoping my like-minded brethren in the battleground states get out and vote in droves. Otherwise, here’s some sincere hoping that I’m wrong about Obama and Colin Powell, Boxcar, and almost all of my friends are right about him. Not that any of us know anything about him except what he and his aides have told us.

Here’s an interesting essay for you. Naturally, I greatly admire Nate Silver’s work on baseball. We’ll see in a short while how good his political analysis is. It’s a long essay—here’s an excerpt to give you enough of a taste to tell you whether it’ll pique your interest:

Lying to pollsters is frequent and a necessity in Pennslyvania due to the unions. Many union bosses will call their members, posing as a ‘pollster’, and if the member gives the wrong asnwer, a thug is sent to the house. The Teacher’s Union there has sent strict orders to vote for Obama “or else”.

I don’t find that in the least bit hard to believe. We could be in for a ride, believe it or not. (Hat tip to Jim Treacher for the pointer. (Do we still tip hats?))

Good Material

Friday, October 17th, 2008

Who wrote his material, Jim Downey?

Later: This is pretty good material, too.

And this is downright terrifying. We could have the worst of the Johnson/Nixon era policies for the next two years. (At least. If the district were to get two Senators, it could be the rest of my life.)

Country First

Tuesday, October 14th, 2008

From Rick Moran (no relation) on the possible Obama presidency:

What it means is that where what he proposes to do is reasonable and doesn’t conflict with our principles, he should expect our support. It means that we don’t have to delegitimize his presidency to oppose him either. People of good will and good conscience can disagree without tearing each other and the country apart.

Behaving like an adult is, of course, the right thing to do. And it’s good politics, besides.

(Judging from the comments, though…)

Next Treasury Secretary

Friday, October 10th, 2008

In the Townhall debate, both candidates were asked who they would pick as their Secretary of Treasury—who for the next year or so will be the most powerful government agent in the domestic areas. Neither candidate committed to anyone, wisely; but it was the first I’d heard that Paulson didn’t want to stay on, which gives one pause to how strongly he believes in the new powers awarded to him.

If I had my druthers, I’d want someone with a deep knowledge of the housing sector, extremely well-respected business smarts, and a libertarian bent. I’d pick Dick Kovacevich, former CEO and current Chairman of Wells Fargo. (Interviews here and here; Bio here; here called, “The best banker you’ve never heard of.”) He’s long advocated fully privatizing Fannie and Freddie, something that’s likely to happen over the next four to eight years if we our nation is not to sink into socialist mediocrity. He’s also said that the FDIC should be privatized, although I don’t see that happening. (Sheila Bair’s appointed to head the FDIC through 2011).

Town Hall Debate

Wednesday, October 8th, 2008

I would’ve given the win to whoever would’ve, at least once, felt uncompelled to use up 130% of their allotted time to answer a simple question with a simple answer instead of bloviating on and on and on. And on.

I say: they both lost. Again.

Seriously, the question about Afghanistan’s political future could’ve been more effectively answered in less than 12 words than either of these candidates to lead the Free World.

And I’m astonished that McCain can’t respond to Obama’s criticisms of his corporate tax cut when just about any decent undergrad in economics or business, or even any freshman College Republican could. Or any small business owner, for Pete’s sake—to give him a hint. Tie the knot, man!

I think I’m going to pull an all-nighter tonight for the first time in a long time. Getting tons done.

(By the way, I think what McCain was proposing last night was some variant of Martin Feldstein’s plan for addressing negative-equity mortgages. On CNBC, Feldstein also suggested that the gov’t set up a bank to allow all positive equity mortgage holders on their primary residence to refinance their mortgages to 30-year amortized at a fixed 5.35% interest rate, where he thinks the market rate sits right now. I don’t want the gov’t in this business for very long, but if they restructured Fannie and Freddie for this purpose and began selling off pieces to private banks, I suppose that could be helpful. It’d be damaging to the sane banks, though, who’d lose more profitable contracts offered to credit-worthy homeowners.)

Since when

Friday, October 3rd, 2008

did we start referring to pork and bribery as sweeteners?

The corruption in our nation’s congress is staggering to behold.

This is a nice article, although I would’ve liked to have seen Sheila Bair given a shout-out. From what I can tell, she’s done a fantastic job brokering deals for banks (even in the recent case where Wells-Fargo did her one better). She’s been quietly performing as a model public servant.

Missed Joke

Friday, October 3rd, 2008

Biden just said that Dick Cheney is the most dangerous vice-president in the history of the office. I would’ve been tempted to retort that Aaron Burr takes that particularly saucy taco.

I’d make a terrible politician.

Watching the debate is like watching a good ballgame. Always think I could do better until a slick 6-4-3 comes along.

I would have liked if Palin would’ve stressed her outsiderness by saying something about the RTCII thing that congressmen won’t vote for something they claim to believe is needed unless they can secure graft in return for their votes.

(Watched on CNBC, by the way, the most tolerable network around.)

Welcome

Monday, September 22nd, 2008

to the Post-Partisan era.

Egads.

This would seem to be a good time to ground myself from reading up on politics and economics for a couple of days step away from all the nasty and focus on work. My chapter’ll be done on Tuesday—that’ll feel very, very good. If all goes to plan, two weeks from today I’ll be able to answer any question about just about anything that happened during the 2007 and 2008 MLB seasons.

Political Advertisements

Saturday, September 20th, 2008

If it weren’t for comics like Jim Gaffigan, Nick Vatterott, Brian Regan, TJ Miller, et. al. who keep putting out quality material, I’d be convinced that comedy peaked with season 4 of Mr. Show:

They had the formula down pat.

And from season 3, the finest latency joke of all time.

Good Day to Take Off Early

Friday, September 19th, 2008

I managed to leave work around 1pm today so I could go home and work on my own research. I had CNBC on in the background, watching Closing Bell hosted by the Money Honey, when Charlie Gasparino broke the rumor that Treasury had let go unconfirmed or denied that Paulson was working on an “RTC-type” entity that would buy up bad debt at heavily discounted prices (but better prices than could be had from a private buyer). Word got out and the floor went nuts, with the Dow spiking 200 points over the next forty minutes, eventually closing up 400 or so. Pretty exciting stuff.

If congress approves it (and I’d be stunned if there isn’t a race between Clinton, Schumer, and McCain to be the first to get a bill on the senate floor in line with Paulson’s recommendations), that’d be an enormous entity. Here’s hoping it works as well as the one that got us through the S&L crisis way back when.

The RTC was called “The Wolf.” This one deserves a cool name, too. (I’m a jackass.) I humbly suggest “The Whale,” as suggesting a name is about the only contribution to this that I could credibly offer. (A terrifically massive filter feeder leaving behind a wake of cleansed liquidity).

Too bad the necessary reforms didn’t take place back in 2003 or ’05, ya know?

For better or worse, a historic moment today. Witnessing the start sure beat working in the office.

(Here’s a handy primer on the credit problems this is meant to abate).

Next day: Here’s what I’ve been waiting to hear, from Kudlow’s Money Politic$:

The Federal Reserve should get back to its core business of responsibly managing our money supply and inflation. It needs to get out of the business of bailouts. The Fed needs to return to protecting the purchasing power of the dollar. A strong dollar will reduce energy and food prices. It will stimulate sustainable economic growth and get this economy moving again.

Word up.

A Major Law and Reform

Thursday, September 11th, 2008

In her acceptance speech, Gov. and VP Nominee Sarah Palin said this of Barack Obama:

But listening to him speak, it’s easy to forget that this is a man who has authored two memoirs but not a single major law or reform — not even in the state Senate.

Obama was, however, one of four senators to introduce the Federal Funding Accountability and Transparency Act of 2006, a piece of legislation that required the creation and maintenance of USASpending.gov, a public, searchable database of federal expenditures.

I consider that to be a major, and very welcome, law; and I give Obama a great deal of credit for backing it from the start (a total of 47 senators eventually sponsored the bill and two (Byrd and Stevens) installed secret holds to temporarily block its passage into law until September 26th, 2006).

I imagine nobody’s touting this as a counterexample for two reasons: Tom Coburn likely wrote the bulk of the bill as this sort of reform is his baby and John McCain was one of the other four senators to introduce the bill. Tom Carper, a centrist Democrat from Delaware and whom I count among the few honorable politicians serving our great nation, was the fourth.

A little further commentary: Back in my younger days, I recall a strong movement to pass a law giving President George H. W. Bush a line-item veto so that he could remove earmarks (and riders) from pieces of legislation without having to veto the entire bill. Thankfully, the line-item veto was never granted to the president—this would have created a destabilizing imbalance of power among the branches of government. But moves towards transparency like the Obama-Coburn-McCain-Carper reform are the correct sort of baby steps we need to get our government functioning and the national debt payed down. I’d like to see the anti-earmark movement gain traction down the stretch in the congressional races.

Stink-Detector

Tuesday, September 9th, 2008

A San Diego startup is releasing a toolbar that’ll highlight in red phrases in a news story that violate journalistic ethical standards or (soon) that are suspiciously similar to official press releases.

Ordinarily I’d speculate on what sort of a similarity scoring algorithm they used to identify text cut-n-pasted from press releases but instead I’ll joke that all that red will be high on the eyes.

Clarification: I’m not joking.

The First Few Cycles

Saturday, August 30th, 2008
  1. Creationism in the schools: this popped up right away at TPM and is overblown and easy to damage-control.
    “I don’t think there should be a prohibition against debate if it comes up in class. It doesn’t have to be part of the curriculum.”

    She added that, if elected, she would not push the state Board of Education to add such creation-based alternatives to the state’s required curriculum.

    Sounds sensible enough to me. One of the most important things kids need to develop in early grade school is their nascent BS detector—parents try to help out with that by asking, “So what’d you learn in school today.” I expect she’ll probably nip this bud in her appearances this Labor Day weekend.

  2. They’ll go after the State Trooper controversy. This one will backfire badly once they find out what the guy did and that Palin herself wasn’t involved. The prospect of seeing leftist defending a dirty cop must be the stuff of Karl Rove’s most ticklish dreams.
  3. They’ll dig up anyone who’ll say anything bad about her. The star will be a professor emeritus at the University of Idaho who’ll try to help out the Obama campaign by saying disparaging things about her scholarship while she was getting her degree there. It’ll turn out that she never took his class and he has ties to CPUSA or whatever they call themselves now and backfire.
  4. Obama’s campaign has already stepped into the experience trap. They’ll find that hypocrisy isn’t such a mortal sin outside of hard-left circles (see the failure of the flip-flop charges to make a whit’s difference in the 2004 campaign), and McCain’s camp will direct it into a debate about cabinet membership—McCain, not Palin, would be setting his (and the left will absolutely freak if McCain wins and names his ANSA, if it’s who I think it’ll be—one of my favorite people ever to serve publicly in the federal government); and it’ll be the inexperienced Obama, not Biden, who would assemble the Obama cabinet. That hasn’t come up yet, but it’s something that’s greatly concerned me).
  5. The misogyny of the “netroots” has already come out in force. Hillary’s 18,000,000 voters won’t come over in a block, but some will and these elections are won in the margins: I’ve heard compelling arguments that GWB won his first presidential election by outperforming expectations in the African-American vote in key states. They won’t peel off many traditional-Democratic voters from the under-30 crowd, but they’ll get some from the over-40 group, who’ve been around long enough to know that Roe v. Wade isn’t going to be overturned (although I’d like it to eventually be supplanted by legislation that guarantees women and their doctors freedom from prosecution for certain types of abortion and secures their privacy in such matters from future scrutiny). And I’ll guarantee that they’ll break off a large number of traditionally democratic women voters over 70 who’ll want to see a woman in power before they shuffle off their mortal coils. The amount of crossover will largely depend on how Biden behaves himself (I think the man’s a self-important buffoon who doesn’t know when to shut his pie-hole). The conventional wisdom in Democratic circles that this is a desperation move, reminiscent of Dan Quayle, or referring to Palin as “Britney” isn’t going over well as far as I can tell, even with younger women I’ve talked to who I’d consider Democrats or left-of-center independents. In any case, that line of attack is setting up such low expectations that she’d be hard pressed not to exceed them. I don’t expect her to refer to Pervez Musharaff as “The General,” for example, and she’ll know that Uribe is the president of Columbia, a nation that’ll come up later in the campaign as an example of Obama’s foreign policy naivete and manipulability during his Senate tenure.

Ed Morissey is thinking along the same lines but giving away all the plays. Give ‘em more rope, Ed!

In unrelated news, I’ve been monitoring membership in the Facebook group, I SUPPORT RUSSIA IN ITS CONFLICT WITH GEORGIA, and note that they’ve lost 125 members since last night(5250 to 5125) when Russia announced that they’re annexing S. Ossetia and Abkhazia. I’m hopeful that membership will continue to decrease over the weekend… but prepared for disappointment.

Another update: Kleinheider provides an exegesis on some of the points made in here. I would admonish him for giving away the playbook—but look at the comments he’s getting…

It’s Sarah Palin

Friday, August 29th, 2008

John McCain picked Sarah Palin as his running mate. I’m frankly blown away by this. My top two choices would have been Fred Thompson and then Sarah Palin, and thought neither were at all likely—I’d prepared myself for Romney, who’s stronger on economics than McCain and would have made Biden look foolish in the debates, but has little else going for him.

Palin’s a fantastic choice—Obama’s post-DNC bounce won’t last the weekend.

A few quick thoughts on the candidate, Sarah Barracuda (that page will probably have quite a bit of graffiti on it: she’s rock-solid on energy policy, the biggest domestic issue this season; she’s inoculated against charges of inexperience, because she can correctly say that she’s done more in the past two years as governor of Alaska than Obama’s done in his past four years as junior Senator from Illinois; she’s as extreme a beltway outsider as you could find, so the Democratic strategy of “Bush: Term III” won’t fly as gracefully anymore; she’s solidly conservative and will be well received by the core Republican constituency, as well as libertarians like myself; and she’s as personally appealing as a politician can be in these times.

There’ll be plenty of analysis about her over the next few days, but I’d like to discuss her husband a bit.

I’d been more than a bit nervous that Bill Clinton would be the first husband of a female President or Vice President. (First Lord? First Gentleman?) I expect there’ll be plenty of women elected to the presidency in my lifetime, but the first husband of one of these women will set the precedent for those future first Gents’ roles, and Bill Clinton would be unideal for setting that precedent, being a globally beloved, high profile fellow. He would have been a traveling celebrity, and something of a policy nuisance, given his depth of knowledge coupled with his presumed lack of security clearance. (I hope to God that Jimmy Carter doesn’t have access to anything sensitive.)

I don’t think I could imagine a better man to define that role than Sarah Palin’s husband. Father of five (including a very recently born infant with Down’s Syndrome She’ll get Pujols’ vote in his first presidential election as a citizen), outdoorsman, and continued to work for an honest living in spite of his wife’s election as governor of the largest state in the US. The typical role of first lady is to take up a social cause and promote volunteerism and charitable giving for that cause, except for Hillary Clinton in Bill’s first term, who took up a social cause and promoted socialist government policy. Laura Bush has quietly advocated for early childhood education and childhood literacy over the past eight years.

If the McCain/Palin ticket wins in November, I expect Todd Palin will need to quit his job, if only to placate the Secret Service. It’ll be interesting to see what sorts of causes or ideals he champions as he pioneers a new position. It’d be nice if he promoted traditional fatherly values—hard work, taking the kids into the outdoors, etc.; promoted the National Parks; and possibly raised the issue of the growing problem of boys underperforming at school for whatever reason (that’d get him some good press from Dr. Helen, who’s already ecstatic with the pick, as are the other two women I’ve talked to about Palin’s selection this morning).

Also, this may be the dumbest line I’ve ever read (over-the-top hyperbole there) in a news article:

She and her husband Todd Palin, have five children. The latest, a baby, was born with Down syndrome.

No shit? A baby, huh? (I assumed the hack had meant to type, a boy, but apparently she must be a non-native speaker.

Added later: I should mention my distaste for Barack Obama… I’m not enthusiastic about finally finishing my schoolin’ only to be talked down to by an egotistical, socialist academic for another four long years.

Good call, Beldar.

Impressive: Before I’ve even left work, the McCain-Palin team already seems to have set up permanent residence within Obama-Biden’s OODA loop.

Bummer

Friday, August 29th, 2008

It’s not gonna be Fred tomorrow.

That would’ve been fun.

Apparently Sarah Palin either. The VP debate there would’ve been the two candidates wrestling to change the subject from energy policy to foreign policy and back again. Update: Well that was an effective smokescreen… Watching fireworks, indeed.

In completely unrelated news: HURGY FURGY HURGY!

Missed Opportunity

Saturday, August 9th, 2008

I’d hoped that McCain would get out in front on this particular issue. I thought he was about to earlier in the campaign when he made hints about “Wall Street greed,” which I assumed to be laying the groundwork for a radically different philosophy for monetary policy and growth vs. inflation.

Big missed opportunity: “Strong Dollar” is an appealing phrase, when it results in prominent economists discussing how it would lead to lower fuel prices and reduced inflation on commodity goods on the cable news shows, you hit pretty hard where you need to.

Of course, Bernanke’s a smart guy and probably saw the bubble for (largely) what it was.