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A Conservative for Obama

(Community Matters) forwarded by my good friend Kirk Rudy

This article below was written by Wick Allison, former publisher of the Nation Review, which is described as America’s most widely read and influencial magazine for conservative Republicans.

A Conservative for Obama

My party has slipped its moorings. It’s time for a true pragmatist to lead the country.

Leading Off By Wick Allison, Editor In Chief


THE MORE I LISTEN TO AND READ ABOUT
“the most liberal member of the U.S. Senate,” the more I like him. Barack Obama strikes a chord with me like no political figure since Ronald Reagan. To explain why, I need to explain why I am a conservative and what it means to me.


In 1964, at the age of 16, I organized the Dallas County Youth for Goldwater. My senior thesis at the University of Texas was on the conservative intellectual revival in America. Twenty years later, I was invited by William F. Buckley Jr. to join the board ofNational Review. I later became its publisher.


Conservatism to me is less a political philosophy than a stance, a recognition of the fallibility of man and of man’s institutions. Conservatives respect the past not for its antiquity but because it represents, as G.K. Chesterton said, the democracy of the dead; it gives the benefit of the doubt to customs and laws tried and tested in the crucible of time. Conservatives are skeptical of abstract theories and utopian schemes, doubtful that government is wiser than its citizens, and always ready to test any political program against actual results.


Liberalism always seemed to me to be a system of “oughts.” We ought to do this or that because it’s the right thing to do, regardless of whether it works or not. It is a doctrine based on intentions, not results, on feeling good rather than doing good.


But today it is so-called conservatives who are cemented to political programs when they clearly don’t work. The Bush tax cuts—a solution for which there was no real problem and which he refused to end even when the nation went to war—led to huge deficit spending and a $3 trillion growth in the federal debt. Facing this, John McCain pumps his “conservative” credentials by proposing even bigger tax cuts. Meanwhile, a movement that once fought for limited government has presided over the greatest growth of government in our history. That is not conservatism; it is profligacy using conservatism as a mask.


Today it is conservatives, not liberals, who talk with alarming bellicosity about making the world “safe for democracy.” It is John McCain who says America’s job is to “defeat evil,” a theological expansion of the nation’s mission that would make George Washington cough out his wooden teeth.


This kind of conservatism, which is not conservative at all, has produced financial mismanagement, the waste of human lives, the loss of moral authority, and the wreckage of our economy that McCain now threatens to make worse.


Barack Obama is not my ideal candidate for president. (In fact, I made the maximum donation to John McCain during the primaries, when there was still hope he might come to his senses.) But I now see that Obama is almost the ideal candidate for this moment in American history. I disagree with him on many issues. But those don’t matter as much as what Obama offers, which is a deeply conservative view of the world. Nobody can read Obama’s books (which, it is worth noting, he wrote himself) or listen to him speak without realizing that this is a thoughtful, pragmatic, and prudent man. It gives me comfort just to think that after eight years of George W. Bush we will have a president who has actually read the Federalist Papers.


Most important, Obama will be a realist. I doubt he will taunt Russia, as McCain has, at the very moment when our national interest requires it as an ally. The crucial distinction in my mind is that, unlike John McCain, I am convinced he will not impulsively take us into another war unless American national interests are directly threatened.


“Every great cause,” Eric Hoffer wrote, “begins as a movement, becomes a business, and eventually degenerates into a racket.” As a cause, conservatism may be dead. But as a stance, as a way of making judgments in a complex and difficult world, I believe it is very much alive in the instincts and predispositions of a liberal named Barack Obama.

Modesty, Diversity, Retrospection and Authenticity

(Community Matters) Our friend Nancy Graves forwarded an inspiring email which included the following message from the folks at Cabot Wealth Advisory (I doubt they say “folks” there). Anyhow, it certainly holds implications for futuristic investment decisions, as well as hope for our society.

The pollster, John Zogby has written a book, The Way We’ll Be. Zogby does far more than political polls. His organization, Zogby International, will do any kind of poll for a fee. He asks about religion, shopping habits, reading habits, travel, sexuality, parenting, values and more. And after a poll has been completed, he keeps the data around, as reference for future polls on the same subject.

The book, which I stumbled on in a bookstore recently, is mainly an analysis of trends he has detected through polling and his analysis/guess of where those trends will lead
America in the years and decades ahead.

One disclaimer: Zogby is a fervent Democrat, and though he attempts to analyze data objectively, I sense that in some of his projections he has not been successful in suppressing his personal values.

Having said that, the future according to Zogby will bring a world characterized by the following:

Living Within Limits

Embracing Diversity

Looking Inward

Demanding Authenticity

The first idea, Living Within Limits, stems from surveys that show “we are in the middle of a fundamental reorientation of the American character away from wanton consumption and toward a new global citizenry in an age of limited resources.” That’s why people buy Toyota Priuses when they can afford BMWs.

The second idea, Embracing Diversity, reflects the fact that, while “young people are less knowledgeable about facts and events than ever before … members of this generation are more networked and globally engaged than members of any similar age cohort in American history.” Going on, “[They] want a foreign policy as inclusive and embracive as they are. They expect impediments to trade to be removed so they can shop anywhere.” Finally, Zogby found (in a survey in late 2004) solid majorities of all Americans expressing favorable views of China and Chinese products … with one exception. “Of all the many subsets we broke our results into, the only genuinely negative responses we found to both China and its products came from the members of Congress and their staffs. That’s cultural disconnect in stark relief.”

The third idea, Looking Inward, comes from surveys that show a growing appetite for satisfaction from the spiritual side of life, though not specifically from organized religion. It reflects the fact that “total household Christmas holiday spending has been in sharp decline since the mid-1990s, according to the Department of Labor’s Bureau of Labor Statistics.” Zogby explains it up this way. “People are hungry to address the nonmaterial side of their lives. They’re worn out with getting and
spending; in some cases they are broken by it. They want an America that looks to the spirit as well as the pocketbook, and they want to move beyond specifically religious nostrums to get there, including specifically Christian nostrums.”

And the fourth idea, Demanding Authenticity, builds on the fact that our connected world in general–and the Internet in particular–have made it easy to find the truth about most things. As a result, anything that is not authentic–from a political leader to an advertising campaign to a TV reality show to an Olympic performer–is quickly exposed. Similarly, for every person who has a public profile on a social network site, the best policy is to be real … because the truth will very quickly be known. Says Zogby, “There’s a longing … a deep-felt need to reconnect with the truth of our lives and to disconnect from the illusions that everyone from advertisers to politicians tries to make us believe are real.” Also, “[consumers] have figured out what is false and real, what is ephemeral and what deeply matters, and now they are starting to demand that same authenticity in the products they buy, the companies they buy from, the institutions they frequent, and the people they vote for.”

Going on, Zogby predicts that the red state-blue state shorthand of political analysis will fade in the years ahead, replaced by increasingly precise tools that segment “sports fans, pet owners, international travelers, early risers, cancer survivors, heart-bypass veterans, Catholic school alumni, science majors compared to humanities majors, Mac users compared to PC users, American-car owners compared to foreign-car owners, Yahoo! browsers compared to Google browsers, single moms compared to married moms, and on and on.”

Zogby also writes:

That support is waning for America‘s role in Israel as a “fair and honest broker.”

That globalization will continue, not just because of competitive, capitalistic forces but also because of genuine understanding and empathy for the citizens of foreign lands.

That Americans are growing increasingly dissatisfied with their federal government.

That the baby-boom generation “will finally force Congress to pass meaningful health care reform.”

That environmentalism, cutting down on waste, and making do with less will grow increasingly relevant in the years ahead.

That demand for alternative energy solutions will “eventually translate itself into funding, research, exploration, and with a little luck, reality.”

thank you Nancy for sharing

Character

(Community Matters) hmm, I’m still thinking about the young man the other day who told me he sent a couple of his workers to Houston to help remove fallen trees and limbs. Immediately I thought, wow, that’s quite admirable.  Then a friend asked if they were charging. He answered, “of course” and that he was taking a cut.  I sat on that for a bit, then couldn’t help it.  Even though he was a guest at my table, I told him I felt there was something wrong with that.  His friend concurred.  

Why was I not surprised later in the evening when he expressed support for Gov Palin?  I know this is a horrible association on my part but it is true.  

Obama Volunteer Headquarters

(Community Matters) They celebrated the opening of the Obama volunteer headquarters at the Texas Coordinated Campaign today. It’s not that they haven’t been doing lots out of that office already, but it was a great way to celebrate and engage even more volunteers. The headquarters is in the old Safeway at the southeast corner of I-35 and 12th street, next door to the CVS.  You can find Obama stickers, t-shirts, yard signs, pins and much more there too.  These aren’t from the campaign; however, they are being produced & sold by Glen Maxey.  

At the opening:  Lloyd Doggett, Kirk Watson, Mark Strama (& Victoria), Donna Howard, Valinda Bolton, Elliot Nashtat, Juan Sepulveda, Ian Davis and lots of other local electeds and jefes.  
Nice turnout, especially considering competing with a beautiful day and a UT game.  

Obama & the Housing Bubble

(Community Matters) There’s an egregious video circulating which cites Obama as personally responsible for the housing bubble (I’m not going to post it).  What you ought to know:

It is produced by a group called Townhall.com, which was launched by the arch conservative organization, the Heritage Foundation.   Second, it cites McCain’s sponsorship of the Federal Housing Enterprise Regulatory Reform Act of 2005 which they say the Democrats killed, implying that Obama killed the bill.   Well, Obama wasn’t even on the committee that killed the bill.  The bill wasn’t even killed, it wasn’t acted on.  And, in 2005, Republicans ran Congress, Democrats were in the minority.  If you’ll recall, they often weren’t even consulted by committees.  Yes, McCain was a co-sponsor of the bill and yes he argued passionately about the need for this reform.  Turns out, the bill was a pig with lipstick passing for a beauty queen.  In fact, it would have excluded Fannie & Freddie from certain security regulations.  Even the White House strongly opposed the bill which passed the House overwhelmingly.  And, oh yeah, who has been a primary lobbyist “protecting” Fannie & Freddie from further regulation?  Rick Davis. Why is that important?  Because Rick Davis is McCain’s campaign manager.  
Just another distortion and lies out of this campaign of a once honorable man, or at least we thought so.   

On Polling

(Community Matters) Nate at 538 has some interesting postings on the  Bradley Effect (it no longer exists), Raced-Based Voting (a new study has come out suggesting Obama enjoys 6% less support because he is black) and Cell Phones & Polling.

And, discussion of the ever important Senate races.  Less likely that we’ll win 60+ seats (filibuster proof), though 1) not sure that that is a bad thing and 2) if Palin-McCain implodes, think we just might 

CA’s Prop 8

(Community Matters) Vote it down!

Financial Meltdown

(Community Matters) Pardon the copy & paste but my response in another blog’s comment trail to questions about the advisability of free markets and discerning the pursuit vs worship of money . . . .

Big Picture, I’m reminded of a favorite line of Steven Tomlinson’s in his sermons about money, “how would you know if money became your God?” fyi: Steven is an economist with a Stanford PhD as well as a theologian (in addition, my husband).

Anyhow, to your question, Bobster. Yes, I know, I’m not a “conservative,” though fiscally I’m closer to a conservative than to a liberal.

While grossly imperfect, free markets are vastly superior to other economic systems. And, because of their imperfections, government must regulate. We must especially regulate against externalities, i.e., the secondary or unintended consequences, the costs of which owners are able to shift to society or other sources.

There’s plenty of blame to go around in the current financial meltdown – even if we assume good intentions such as promoting home ownership, financial innovation to leverage available liquidity and well-intentioned but ill-advised subprime lending. Then of course, the not so well intended market realities of greed which leads to short term gains at the long term expense, allowing for recklessness, misleading financial reporting & fat bonuses even in the face of forecasted consequences. Warren Buffett called these (derivatives) investment time bombs as long ago as 2003.

No one really knows the leverage (the full dollar amount of exposure) that exists. Credit Default Swaps, a financial derivative, are thought to total somewhere between $40 to $65 TRILLION. My good friend Jack asked how do CDSs leverage at such multiples, hell if I know. I can’t find a good explanation – if you have one, please send.

Plenty of blame to go around. And, yet – and here is where my political bias might trip others up – the philosophy of unencumbered markets and less regulation as good has just failed us. No doubt regulations get out of control, stifling innovation and productivity. However, blinded bias against regulation has resulted in the meltdown we’re experiencing today.

John Thornton in his blog Insomniactive has written extensively about the Federal Housing Finance Administration, led by James Lockhart, which was responsible for oversight of Freddie and Fannie.

Ill written essays and articles which claim the meltdown is completely from within the well-regulated side of the financial industry are either disingenuous or intentionally misleading. Mr. Lockhart spent lavishly but his agency failed in their oversight, apparently not even heeding auditor warnings and questions, certainly not employing even standard practice to monitor, regulate and quantify risk. In fact, the agency reflected the philosophy of administration principals: dismantle regulation and deploy cronyism. As John notes, Mr. Lockhart is another Michael Brown, the FHFA another FEMA. Thankfully this catastrophe not as costly as Katrina in human lives, though many times more costly financially.

Seems there is an opportunity to cover much of the bailout cost (if not even make gains) if we appropriately discount the securities before purchasing and take options to capture a true fair share of the gains in values of the companies putting these securities to taxpayers. Let’s hope our government negotiates such, though my forecast is Wall Street and other financiers will wait the appropriate time before convincing the government to sale the distressed securities for private workout and most gains will accrue to those bailed out.


Starbuck’s 38th St

(Community Matters) I have such affection for my young friends at my Starbucks. Last night, Steven, Michael, Robert and I stopped by to hear two of the baristas play in their band. Regrettably we arrived before the were really going but we did hear Clark McKay sing and play. James Marshall (a drummer composer and my usual 5:30 am barista) and Andrew Fonte Not had not yet joined Clark. I’m looking forward to their next gig.

the four of us were headed to Korean Garden for dinner. Don’t tell Steven but it was really good!

Kayla Shell & Randi Shade

(Community Matters) Reports from Council member Randi that Kayla is recovering well and transferred from ICU to a regular hospital room. They remain in our prayers.

The Race Card

(Community Matters) Perhaps I’ll be nicer in my posting than originally planned. Can’t believe the blatant racism being thrown in the race by Republicans. Though, then again I can. First, the ad. Then, what I wrote earlier this morning.

Well, here comes another hail mary from John McCain, the intimidating race baiting advertisement. I suppose in hindsight we knew it was coming – disappointing nonetheless. Frank Raines, an African American former head of Fannie Mae, is shown along side Barack Obama, then an elderly white woman is shown. The message is way too clear, two African American men threatening an elderly white woman. Frank Raines has nothing to do with the campaign. He was chosen because it’s another black male image. If they wanted to pick someone from Fannie Mae, it’s previous-to-Frank-CEO, Jim Johnson, who was on Barack’s vp vetting team until resigning would have been a logical choice. Problem is, Jim is white.

It’s a little scary. Begs the question, will America elect a black president. But, you know what? It’s f$%#ing time to ask the question and to get an affirmative answer. And f$%k the assholes who dare to interject racial prejudice into the election. 

#1 May they go to hell 

#2 I don’t believe very many people who might have voted for Barack will be intimidated by racial prejudice and the latest Willie Horton ad.

McCain’s youTube

(Community Matters) You really want to watch

that I recall, the only comparable contradiction for Obama would be his promise to opt into public financing for the general campaign. What most don’t understand (b/c it doesn’t fit in a sound bite) is he did offer to do so if McCain would include limits for the RNC and we’d include limits for the DNC. Historically, Democrats have been significantly outspent as Republicans continued to raise and spend out of the RNC.