Daily Archives: 09/28/2008

Barack Obama on Face The Nation

(Community Matters) Barack on Face the Nation. Good gosh, he’s gotten much better at this- more succinct and focused. He managed to remind Bob Schieffer of McCain’s earlier statements. Nevertheless, what they are both saying today is that this risk is real and the most threatening we’ve seen since the 1930’s great depression.

He’s not crowing but he is reminding us that it’s Bush’s economic philosophy (“voluntary regulation” of investment banks and deregulation) and that McCain has voted with George Bush more than 90% of the time. And, it was Barack calling Paulson and the administration two weeks ago saying that the solution needed to include: 1) oversight, 2) taxpayer protections and equity upside, 3) CEO compensation limits & 4) mortage relief for dupped (not fraudulent) borrowers.

A foreign policy meltdown as well as an economic meltdown. Barack saying what he doesn’t understand is McCain’s continued support for Bush’s policies. He’s become as clear and deliberate on foreign affairs as any longer tenured political leader.

He needs to get more succinct with his answer to spending cuts. Good: scapel, not an ax. Good: some priorities and some cut backs. Closing loop holes part of the solution.

Barack did well.


McCain on This Week

(Community Matters) I’m watching McCain on This Week with Stephanopoulos. He’s holding his own. Mentioned middle class this time. Though now being pious about reform and ethics (see earlier posting below). Hmm, the Palin Afghanistan/Pakistan border question, sorta a dodge. He’s over the top “so happy” about Palin on the team. McCain’s just lied about Barack and decision to opt out of pubic financing – BO’s campaign attempted to negotiate the inclusion of RNC and DNC within these limits and McCain’s campaign refused.

Fly on the Wall in the White House

(Community Matters) John Thornton in Insomniactive called out John Marshall’s piece on Thursday’s White House meeting and why McCain might have still been mad Friday during the debate.

McCain, Gambling Jaunts, Gaming Lobbyists, Indian Affairs . . . and Las Vegas Bosses

(Community Matters) What’s always blown me away is how some politicians think like 2 year olds, if they close their eyes and can’t see something, they think you can’t see it either.

The McCain campaign’s complete dominance by lobbyists, and many shady ones at that. Over 40 gaming industry lobbyists on his campaign as top advisors & fundraisers (including campaign manager, senior adviser and co-chairs of his finance committee).

McCain’s extraordinary influence over gambling regulation and Indian affairs, as a result of his chairing the Senate’s Indian Affairs Committee twice, yet his near monthly juants to Las Vegas for gambling weekends. Millions donated to his campaign by Las Vegas bosses and organized by shady Nevada promoter, Sig Rogich, who proved even too toxic for GWB’s circle.

Investigative reporting shedding light on McCain’s crowning legislative moment in finance and ethics – his investigation of Jack Abramoff and lobbyist corruption – as at least as much about helping lobbyist friends take over Abramoff’s contracts and political retribution toward Abromoff allies, Nordquist and Raph Reed, who engineered his South Carolina primary defeat by George Bush (2000).

Who cares whether or not you request earmarks when you give Las Vegas Casino owners over $300 million in tax breaks? Well, actually I care about both, but the latter even more damnable. Full story

Williamson County Politics

(Community Matters) This may be old news, or even perhaps bad news. I haven’t kept up with Williamson County politics.

An email in my box this morning saying that Williamson County officials are under investigation for accepting contributions/kickbacks and payoffs from road developers. Since this is election season and I don’t know the sender of the email, I’m not naming names or parties. There’s a long history of developer and county official incest in Williamson County, however. Always struck me as curious that the most righteous, hardest-sentencing county in Central Texas had the most trouble with ethics.

Regulation After the Crisis Fallout

(Community Matters) I’m hoping the graphics which accompanied this article in today’s Austin American Statesman is wrong and that it means approaching $60 trillion in derivatives rather than $600 trillion.



Two Potential Game Changers

(Community Matters) I can only identify two potential game changers for McCain

#1 He replaces Sarah Palin with someone who can carry a critical state – like Colorado or Pennsylvania (New Hampshire, Virginia or Nevada to a lesser priority). Nothing but gut, but I expect Sarah to back out “for family reasons” by this Friday unless the debate is postponed or canceled.

#2 McCain votes no on the financial rescue (knowing that it’ll pass anyhow) and disgruntled Americans fall for his political move.

The Lying Game

(Community Matters) “The Lying Game,” by Alan Wolfe

Conservatism is an honorable political philosophy whose most eloquent spokesmen, such as John Adams and Edmund Burke, proclaimed the truth as they saw it. This is a tradition that continues among all those contemporary conservatives who have been appalled at the direction the McCain camp has taken and have been willing to say so publicly. In contrast, the conservative populism that has swallowed up the contemporary Republican Party lies because conservative populism is itself a lie. It claims to be guided by faith when it is run by corruption.

Hat Tip: Total Stud Muffin