No Runny Eggs

The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.

Archive for the 'Politics – National' Category

December 9, 2008

It’s Fitzmas! (now complete with indictm…er, criminal complaint)

by @ 8:45. Filed under Politics, Politics - National.

(H/T – Eric Odom’s Twitter stream)

The Chicago Tribume is reporting that Illinois governor Rod Blagojevich (D-with the reference in paragraph #4) was taken into federal custody this morning. This comes a few hours after the Trib reported that the federal investigation into pay-for-play allegations against Blagojevich led by US Attorney Patrick Fitzgerald had been expanded to include Blagojevich’s choice for Barack Obama’s replacement in the Senate.

I’m under no illusions that Blagojevich will either be convicted or not pardoned. Fitzgerald has but 40 days to get a conviction before he is no longer US Attorney. Further, Blagojevich and Obama share a friend convicted on public corruption charges, Tony Rezko, and Obama will, as of January 20, have the power to make all of Blagojevich’s federal charges disappear.

Revisions/extensions (9:35 am 12/9/2008) – The Trib comes through with the two-count-apiece indictment criminal complaint against Blagojevich and his chief of staff John Harris. The first count involves multiple instances of play-to-play, including the attempted sale of Obama’s Senate seat for personal gain. The second involves a scheme to have members of the Trib’s editorial board, who had been agitating for Blagojevich’s impeachment, fired in exchange for help in disposing of Wrigley Field. The short-version press release is also available from the Trib.

R&E part 2 (12:24 pm 12/9/2009) – A few updates. First, I have to thank Emperor Misha I and Allen Fuller for linking to me. Welcome those of you from Anti-Idiotarian Rottweiler and RootsHQ.

Second, I just got done listening to the press conference with Fitzgerald and the FBI Special Agent in Charge. One important item from the conference; in response to a question of whether Obama knew anything about the attempt to sell his vacated Senate seat, Fitzgerald pointed back to the indictment complaint/affidavit combo and said that it didn’t indicate that Obama or his team knew anything about that. He pointedly refused to say whether any evidence not included in that did indicate either Obama or his team knew anything, which is standard procedure regardless of whether the evidence exists or not.

I suppose I should answer the Emperor on how this will go away because I didn’t explain it very well above. I doubt it will get to the point of Blagojevich needing a pardon, but if it does come to that, it will happen. The fact that Fitzgerald included the shakedown of a childrens hospital as part of count #1 makes it likely that, if necessary, it will happen later rather than sooner (say the third quarter of 2011).

However, a pardon isn’t the only way that Obama could influence this. It has become customary for the entire US Attorney corps to be replaced by an incoming administration. I would expect the new US Attorney for Northern Illinois to “quietly” seek the dismissal of charges. Whether Blagojevich would have any legitimate juicy dirt on Obama or not, he strikes me as the type to try to use that to try to strike a deal. Obama can’t risk that dirt coming out, whether or not it is real.

R&E part 3 (12:29 pm 12/9/2008) – I really need to check my overbloated feed. I somehow missed doubleplusundead linking to me. Guess that’s why I’m a Moron.

R&E part 4 (12:33 pm 12/9/2008) – DrewM. live-blogged the press conference for those of you who missed it.

R&E part 5 (1:51 pm 12/9/2008) – I erred in calling this an indictment. It is a criminal complaint; the indictment will come from a grand jury. Sorry about that.

R&E part 6 (1:56 pm 12/9/2008) – Blagojevich and Harris are free on $4500 bond. They do have to turn over their passports and any firearms under the terms of the bond. They best not have any handguns because they’re both Chicago residents.

R&E part 7 (2:24 pm 12/9/2008) – Obama is “saddened and sobered” by the indictment, but says it’s “inappropriate” to comment on it at this time. He had “no contact with the governor or his office,” so he had no idea what was happening.

R&E part 8 (2:59 pm 12/9/2008) – Obama senior adviser David Axelrod contradicts those claims in an appearance on “Fox Chicago Sunday” from 11/23 (starting at the 1:14 mark, with the money quote at 1:20):

[youtube]http://www.youtube.com/watch?v=konL35ur0Bo[/youtube]

Oops, Obama did it again!

R&E part 9 (4:16 pm 12/9/2008) – With a hat-tip to Allahpundit, I direct your attention to Jake Tapper, who has a couple more tidbits on Obama’s closeness to Blagojevich, and the $999 million questions – “But there remain questions about how Blagojevich knew that Mr. Obama was not willing to give him anything in exchange for the Senate seat — with whom was Blagojevich speaking? Did that person report the governor to the authorities?”

The Leftosphere thinks that Obama chief of staff Rahm Emanuel did tip off the authorities. He may have, and if he did, I’ll gladly give him a couple of “atta-boys”, but judging by the publicly-available timeline, I believe Fitzgerald and company knew about this the moment they reviewed the wiretaps.

R&E part 10 (4:46 pm 12/9/2008) – With a tip of the hat to EM Zanotti, I have bad news for friends of clean government – Blagojevich is going nowhere.

Meanwhile, Rick Moran has the definitive south-of-the-Waukegan-toll-plaza view. While I won’t be able to listen to Rick’s BlogTalkRadio show live because of Drinking Right, I will tune in sometime before 2 pm tomorrow. If you’re not going to DR, at least tune in to that.

…..Two Bits

by @ 5:42. Filed under Economy, Politics - National, Taxes.

Barack Obama was on Meet The Press with Tom Brokaw this weekend.   Obama provided the following perspective on the auto bail out during the interview:

MR. BROKAW:   …should the current management be allowed to stay in their jobs?

PRES.-ELECT OBAMA:   Here’s what I’ll, I’ll say, that it may not be the same for all the, all the companies, but what I think we have to put an end to is the head-in-the-sand approach to the auto industry that has been prevalent for decades now.   I think, in fairness, you have seen some progress made incrementally in many of these companies.   You know, they have been building better cars now than they were 10 or 15 or 20 years ago.   They are making some investments in the kind of green technologies and, and the new batteries that would allow us to create plug-in hybrids.   What we haven’t seen is a sense of urgency and the willingness to make tough decisions.   And what we still see are executive compensation packages for the auto industry that are out of line compared to their competitors, their Japanese competitors who are doing a lot better.

Now, it’s not unique to the auto industry.   We have seen that across the board.   Certainly, we saw it on Wall Street.   And part of what I’m hoping to introduce as the next president is a new ethic of responsibility where we say that, if you’re laying off workers, the least you can do, when you’re making $25 million a year, is give up some of your compensation and some of your bonuses.   Figure out ways in which workers maybe have to take a haircut, but they can still keep their jobs, they can still keep their health care and they can still stay in their homes.   That kind of notion of shared benefits and burdens is something that I think has been lost for too long, and it’s something that I’d like to see restored. (Emphasis mine)

Today, Nancy Pelosi echoed the meme  of “shared sacrifice:”

Pelosi said that everyone involved in the U.S. auto industry, including management, labor unions, parts suppliers, investors and dealers, would have to make a sacrifice to ensure the continuing viability of the industry.

“We call this a barber shop: everyone’s getting a hair cut,” said Pelosi, speaking at a press conference in the U.S. Capitol.

According to these Democrat leaders, the threshold for determining when a sharing of sacrifice should occur is when you are leader who has been fiscally irresponsible with your charge.   You should share even more if your irresponsibility requires the American taxpayer to bail you out.

Hey wait!

Hasn’t Congress been irresponsible with their financial responsibilities?

  • Leaving Fannie and Freddie unchecked and unsupervised.
  • Ignoring the risk of leverage on exotic financial instruments and leaving them completely unregulated or over seen.
  • Constricting energy exploration which resulted in a 24 month hyper price speculation.
  • Giving Hank Paulson nearly completely unchecked ability to spend $700 billion entirely on his whim.
  • Adding over $100 billion of pork to the TARP bill….just because.

And who is now bailing out Congress’ financial irresponsibility?   That’s right, you and me, the American taxpayers.

If sharing the pain is what Pelosi and Obama think should happen to leaders who rely on the American taxpayers for a bailout,  Democrat and Republican Congress people alike,  ought to be answering the door and the American taxpayer ought to be knocking….

Shave and a haircut, two bits!

 

A Bridge To Nowhere

by @ 5:39. Filed under Business, Economy, Politics - National.

It appears that there may be an agreement to bail out the auto industry is close to fruition.   Being discussed is providing a $15 billion loan to the three US auto makers.

The term “Bail out” has gotten an increasingly negative response from the American public.   It probably has something to do with the fact that Hank Paulson threatened and then lied to the American public and seems unsure of how to spend the rest of his piggy bank; “To buy mortgages or not to buy mortgages, that is the question.”   As a result, Congress has come up with a new term to describe their steps toward socializing our economy, “Bridge Loan.”

In normal finance and banking arrangements, a “Bridge Loan” is just what it sounds like; it is a loan for a limited period of time.   Bridge loans are often provided during the riskier parts of a project for example during the construction process, when  collateralization is difficult and day to day value of the asset is difficult to determine.    For this reason, providers of bridge loans generally have tight controls over what they are financing and often  require that there is assurance of permanent financing for the completed process before they offer the interim financing.   In other words,  Bridge Loan providers  generally know exactly what the plan is, and how it will be executed, before a bridge loan is provided.    

Leave it to Congress to turn normal business terms on their head!   With their “Bridge Loan” Congress has no idea what they have or where they are going to with their “project.”   They are loaning money to enterprises who have no reliable plan that allows them to pay it back.

Of course “not knowing where they are going” doesn’t stop Congress from making demands along the way.   Rather than ensuring a reorganization of the automakers that would focus on developing a profitable business, Congress is focused on enforcing their “Green Dream” on the industry and thereby ensuring that the money lent to them will never be repaid.

Barney Frank had a moment of candor regarding the farcity of calling the $15 billion a “bridge Loan”:

“We don’t think the $15 billion is enough to get them into March, but given the administration’s insistence "¦ that’s where we are now,” Frank said.

Frank said that in the new Congress, which will have stronger Democratic majorities and a friendlier White House, the funds taken from the energy loans this year to prop up the ailing industry would be restored.

“Once we get a new administration we will replenish that money,” he said. “We will not see a diminution of funding available for energy efficiency.

“The reason for that is that then you get the new administration "” the Obama administration "” able to take it up from there and make the longer-range projections,” he added.

Yup, a new administration with longer-range projections with even greater demands for greenery and even less concern about financial viability.   It seems like the only bridges that Congress is able to finance are bridges to no where.

December 3, 2008

How stupid are Obama voters and Democrats?

by @ 13:24. Filed under Politics - National.

(H/T – Pam)

You may or may not remember John Ziegler or his poll and video of Obama voters. For those of you who have short attention spans and don’t want to click back to the archives, Ziegler interviewed a dozen Obama voters right after they stepped out of the voting booth and asked them some basic current civics questions such as which party had control of Congress going into the election. He also commissioned a Zogby poll asking 512 Obama supporters those same questions. Needless to say, they blew chunks on that.

Also needless to say, the Nutroots were incensed, and claimed it was a misleading push poll designed to embarrass them. Ziegler offered to fund a follow-up poll involving McCain voters, and after getting turned down by Zogby, he went to Wilson Research Strategies and reran the poll among both McCain and Obama supporters, with an additional question on the Keating Five and a change on the “started his/her political career at an ex-terrorist’s house” question to name Bill Ayers specifically. The results are, shall we say, even more embarrassing for the Nutroots, at least among those that care about an educated populace.

Like everybody else, I’ll focus on the pre-election Congressional control question (pages 19-21 on the crosstabs), but run with something that hasn’t exactly been explored elsewhere. First off, let’s review the actual question (“Before this election, which political party controlled both houses of Congress?”), and the responses allowed (I assume in order because there isn’t a notation in the methodology to rotate, Republican, Democrat, neither Republican and Democrat were rotated with neither third; see Chris Wilson’s comment below). Among all 1000 participants, 51.4% got this correct by saying “Democrat”, 35.2% got it 100% wrong by saying “Republican”, 4.5% got it wrong by saying “Neither”, 8.5% admitted they didn’t know, and 2 of them refused to answer the question.

Let’s first delve into the Obama vs McCain voters that everybody else ran with. The designed split of 53.0% Obama voters versus 46.0% McCain voters is close enough to reality to run with. McCain voters got it right to the tune of 62.8% Democratic control, 26.5% Republican control, 6.1% “don’t know”, 4.1% neither, and 1 refusal. Obama voters got it wrong to the tune of 43.0% Republican control, 41.3% Democratic control, 10.6% “don’t know”, 4.9% neither, and 1 refusal.

Now, let’s deviate from the “blame the media” game everybody else is playing because while viewers of CNN and the broadcast networks couldn’t create a majority correct, they did manage a plurality. Instead, let’s take a look at the partisan splits on that question. This poll had a party split of 21.9% “strong Republican”, 10.1% “not-so-strong Republican” (or “soft” for short; for a 32.0% total “Republican”), 26.7% “independent/other”, 9.4% “not-so-strong Democrat”, 29.5% “strong Democrat” (for a 39.0% total “Democrat”), and 2.3% refusal (not reflected in the crosstabs). The highest percentage of those who got this question correct was among “strong Republicans”, at 65.8%. “Soft Republicans” were next at 60.4% correct, which gave the Republican universe a total of 64.1% correct. “Independents” were next at 55.1% correct. “Soft Democrats” could only manage a plurality correct of 45.1%. Worst were the “strong Democrats”, where only 36.6% got the question correct, and a near-majority of 48.5% got it 100% wrong.

If the GOP is “The Stupid Party”, what does that make the Democratic Party? No, you Lefties can’t appropriate “morons”, We AoSHQ Morons have already done that.

Revisions/extensions (2:39 pm 12/3/2008) – Chris Wilson, CEO of Wilson Research Strategies, points out that the first two prompted answers of the Congressional control question (Republican, Democratic) were rotated.

R&E part 2 (10:55 pm 12/3/2008) – Ed Morrissey interviewed John Ziegler late this afternoon.

R&E part 3 (11:03 pm 12/3/2008) – I thought I had corrected the link to the question list. Guess that’s what I get for assumptions. It is now pointing to the correct file.

Congratulations Senator Chambliss!

by @ 5:44. Filed under Elections, Politics - National.

Senator Chambliss has been called as the winner of the runoff election in Georgia.   This will give the Republicans at least 41 votes, on paper, in the Senate.

While the vote totals appear to be substantially lower than the general election, they still managed to get about 55% of the folks to return for a second time.   55% is a pretty good overall return rate for a runoff.   However, the two candidates fared very differently compared to the average.

I’m working off of numbers from the Secretary of State as of about 10 PM.   At that time, Chambliss had about 64% of the general election total while Martin only received about 50% of his general election total.   95% of the precincts had reported in those numbers.   If this difference holds, and I suspect it will generally based on the precincts left to report, I’ve got the following questions questions:

  • 93% of blacks voted for Martin when Obama was on the ballot.   They accounted for 56% of Martin’s vote total.   Did they come out and support an older white man when there wasn’t a black candidate on the ballot?
  • With the Democrats within reach of the magic 60 number in the Senate, how many folks switched from Martin to Chambliss?
  • Chambliss and Martin split the 29 and under group in the general election.   It will be interesting to see whether that group was able to show up a second time this year.
  • Sarah Palin made several campaign appearances for Chambliss.   By all accounts the events were very well attended.   How much, or was she a factor in generating turn out for Chambliss?
  • Do you remember how the MSM was carrying on about how the special elections for Mississippi and Illinois told us that conservatism was dead rather than the fact that Republicans know how to run crappy candidates.   Will the MSM be running stories about how Obama has lost his coat tails?

This and more I’d like to see.   I haven’t found any exit polls yet.   When I do, you’ll be the first to know!

December 2, 2008

Senate updates

I bring good news and more good news on the Senate front, where the dreams of Harry Reid of a filibuster-proof majority got smashed against the rocks of reality:

Item #1 – Saxby Chambliss has won his runoff rather handily. At the point AP finally called the race at approximately 7:58 pm (my time, of course), the Georgia Secretary of State site had Chambliss up 882,385-570,598 (60.7%-39.3%) with 71% of the precincts reporting.

Item #2 – The semi-official Norm Coleman lead in Minnesota, taking the official pre-recount margin of Coleman +215 and the net Coleman +88 in the recounted precincts (taking the difference of Al Franken’s pre-recount 2,623-vote lead and Franken’s post-recount 2,535-vote lead among the recounted ballots), is 303. The Minnesota Secretary of State site states that as of 8 pm, 95.30% of the precincts and 92.69% of the ballots have been recounted. According to the Minneapolis Star Tribune, which has Coleman up by the same 303, there are 8% of the precincts in Hennepin County (with 7% of the ballots cast in the county) that have yet to finish recounting, with the counties of Rock, Scott, Winona and Wright beginning their recounts tomorrow.

Before we start popping the corks off the champagne for Coleman, however, those totals do not include 3,093 ballots challenged by the Coleman campaign or 2,910 ballots challenged by the Franken campaign. Those will not be judged by the State Canvassing Board until December 16.

Attention Georgia readers

by @ 8:44. Filed under Politics - National.

There is a very important runoff election today for the Senate seat currently held by Saxby Chambliss. I wholeheartedly recommend that you vote for him.

That is all.

Franken leading? Not so fast.

(H/T – Nice Deb via Ace)

If one takes a look at the DFL (that’s big-D Democratic for those of us outside the land of 10,000 lakes) Minnesota Secretary of State incomplete unofficial numbers for the Senate recount between Republican Norm Coleman and DFL’er Al Franken, one would assume that Franken took a 4,108-vote lead. Meanwhile, the Minneapolis Star Tribune, showing a few more votes recounted, has Coleman with a 340-vote lead.

Allow me to throw the bullshit flag at the DFL SecState before Harry Reid takes a gander at that and decides to seat his soulmate. The DFL SecState thoughtfully included the by-precinct recounts, which allows me to throw the bullshit flag. There are several counties missing mostly because they have yet to begin their recount process, and a few others are not yet 100% complete. How do I know this? The Strib included those missing returns in their tabulation. 3 of the 4 counties that have yet to begin their recounts, as well as a county that is inexplicably missing from the DFL SecState totals, were carried by Coleman rather heavily, and those are not part of the DFL SecState totals.

So, why did the DFL SecState issue this bullshit number? Simple; they’re setting up for a repeat of 1975, when the Democrats successfully stole a seat from the voters of New Hampshire. If that happens (and honestly, even if that doesn’t), I double-dog-dare the Republicans to filibuster every last item that can be filibustered in the Senate in the coming term.

Revisions/extensions (4:08 pm 12/2/2008) – A couple of items I forgot to mention initially. First, the SecState numbers show a net gain of 129 votes for Coleman. That, combined with the total pre-recount lead of 215 for Coleman, gave Coleman a semi-official 344-vote lead as of 8 pm last night. As noted above, it is mostly Coleman strongholds that have yet to count.

I’ll repeat what I said below – “A process that allows some counties to not even begin a recount process before most of the state finishes said process is not exactly conducive to fairness. I suppose the next question is how that happened.”

Second, the links to both the SecState and the Strib are dynamic. Indeed, the Strib has already updated, and Coleman’s lead according to the Strib is down to 305 as of 2:48 pm.

November 27, 2008

Senate Dems prepared to use one part of the Constitution to invalidate another

(H/T – Dad29)

Scott at Power Line reports that the Al Franken campaign, with the blessing of Senate Democratic (and Majority) leader Harry Reid, is contemplating taking their case to count absentee ballots rejected on Election Day thwart a legal election victory by Norm Coleman to the Senate. Their “justification” is that Article I Section 5 of the Constitution gives the power to judge the elections and returns of Senate candidates exclusively to the Senate:

Each House shall be the Judge of the Elections, Returns and Qualifications of its own Members,….

Never mind that the decision by the Minnesota Canvassing Board to reject those ballots in accordance with Minnesota law is wholly consistent with the 17th Amendment:

The Senate of the United States shall be composed of two Senators from each State, elected by the people thereof, for six years…. The electors in each State shall have the qualifications requisite for electors of the most numerous branch of the State legislatures.

This wouldn’t be the first time the ‘Rats have denied the winner of a Senatorial election his seat in order to expand a majority. John Fund recalls that, in 1975, despite already having 60 seats plus another member who caucused with them, they refused to seat New Hampshire Republican Louis Wyman, who beat Democrat John Durkin by 2 votes. The seat sat vacant until August, with 6 failed attempts to break a filibuster to vote in the Democrat. The two candidates agreed on a special election, former Senator Norris Colton returned in a caretaker role while the campaign went on, and Durkin won the rematch.

November 24, 2008

Pot Meet Kettle

by @ 5:51. Filed under Economy, Politics - National.

After a week of Congressional appearances and public angst over the possibility of an industry bailout, Nancy Pelosi gave the CEOs of the Big 3 automakers the following advice as they  retreated for their private jets to head back to Detroit:

“I am very optimistic and hopeful that they have gotten the message that they just can’t come and say, ‘Give us this,’ ” Pelosi said Friday. “How do we tell the American taxpayer it was worthwhile to put this in not as a life support for a few more months and then they are back again, but as an investment in their viability?”

How different is this?

The US debt is now at $10 Trillion and counting.   That number doesn’t include the $3.5 Trillion, and counting, price tag of the various bailout and stimulus packages.   The US deficit (negative cash flow) is projected to be $1 Trillion in the next fiscal year and while a big chunk of that is from the bailouts, there’s no plan to reduce the annual deficit and pay down the national debt. Lastly, the unfunded liability for Social Security and Medicaid is estimated to be as high as $101 Trillion!

During the Congressional hearings, the Big 3 were justifiably berated for not dealing with the reality of their financial circumstances and for not having enought foresight to anticipate the need for significant change in their industry.   Certainly one can argue that the current economic environment accelerated the auto problems but they were coming, it was just a matter of time.   Again, how different are they than the US budget and deficit issues?

Let’s look another time at Pelosi’s advice to Detroit:

“I am very optimistic and hopeful that they have gotten the message that they just can’t come and say, ‘Give us this,’ ” Pelosi said Friday. “How do we tell the American taxpayer it was worthwhile to put this in not as a life support for a few more months and then they are back again, but as an investment in their viability?”

Is there any part of that statement that is not just as accurate for Obama, Pelosi and Reid as they clamour for more taxes?   Pelosi and Reid, justifiably, demand accountability from Detroit.   Accountability that they and their compatriots in Congress refuse to put on themselves!

Pelosi and Reid demand that the leadership of the automakers:

And Congress promises to limit executive pay, bonuses and other benefits of top executives, who were roundly criticized after flying corporate jets to two days of hearings this week and providing what many lawmakers called stilted, incomplete answers.

Pelosi and Reid summed up their expectations of the “skin in the game” required from the leadership of the automakers by saying:

“In return for their additional burden, taxpayers also deserve to see top automobile executives making significant sacrifices and major changes to their way of doing business.”

When will Congress set the same limits and expectations on their pay, benefits, perks as they are demanding the auto execs do?   When will Congressional leaders put their “skin in the game?”   When will Congress eliminate the ability to gain any future income from their time in Congress and remake the Representative and Senator roles into the public servant, not public fleecing  roles that they were intended to be?  

If the issue is that the auto execs deserve to be impacted because they have mismanaged their companies into a situation requiring a bailout by the American taxpayer, well, Pelosi, Reid and every other Congress person has done exactly the same thing!

It’s time for Pelosi, Reid and the rest of the Congressional leadership to lead by example!   Before they get another penny of taxes, of any kind, they should vote to impact their own economic benefits in the same way that they expect Detroit to impact theirs.

November 20, 2008

So much for centrist Obama and centrist ‘Rats

by @ 18:09. Filed under Politics - National.

Item #1 – Jim Geraghty reminds us that Eric Holder, Barack Obama’s choice as Attorney General, wanted to use 9/11 to crack down on gun shows. I’ll point out that those focusing on Holder’s role in the pardon of Marc Rich are barking up the wrong tree; look at Holder’s record, which also includes hyper-targeted enforcement of civil rights laws against the right.

Item #2 – Jim Hoft reports Henry Waxman was successful in ousting John Dingell from the chair of the House Energy and Commerce Committee. What is significant about that is Dingell is a supporter of the auto industry, while Waxman is a Gorebal “Warming” acolyte and thus is opposed to the auto industry. As Jim said, “Say good-bye to new oil and nuclear energy development.”

Item #3 – Marc Sheppard caught Obama prostrating himself at the altar of the Goracle, repeating and expounding on the essential lies of the religion of Gorebal “Warming”. No wonder he said that his policies would bankrupt the coal industry and cause electric rates to skyrocket.

November 18, 2008

How Obama got elected – video and poll

by @ 17:49. Filed under Politics - National.

(H/T – Ed Morrissey)

John Ziegler went out and interviewed a dozen Obama voters right after they voted to find out what they learned from the media coverage of the election season.

[youtube]http://www.youtube.com/watch?v=mm1KOBMg1Y8[/youtube]

For those of you who don’t want to sift through the video (though I recommend it), here’s the short version: The voters, by and large, had no clue who controlled Congress, or who Barney Frank, Nancy Pelosi, Harry Reid and Bill Ayers are. While they knew that Sarah Palin had a pregnant teenage daughter and had a $150,000 party-paid wardrobe makeover, and that John McCain didn’t know how many houses he and his wife owned, they were also clueless on who claimed to have campaigned in 57 states (Barack Obama), who won their first election by getting their opponents kicked off the ballot (again Obama), who said that Obama would be tested in his first 6 months by an international crisis (Obama’s running mate Joe Biden), who had to quit a previous campaign because (s)he was caught plagiarizing a speech (Biden again), who said his (or her) policies would bankrupt the coal industry and cause electric rates to skyrocket (Obama).

For those of you who think that a dozen people in Los Angeles aren’t exactly representative of the ObamiNation, Ziegler commissioned a poll from Zogby International of 512 Obama voters nationwide asking those same 12 questions. The results of that poll are mind-blowing.

A majority didn’t know that Democrats controlled both houses of Congress. Worse, while the correct answer was a plurality, a large minority thought that it was the Republicans. No wonder why the Dems increased their majorities despite having historically-low approval ratings.

Also, while the 3 questions regarding Republican “gaffes” all had over 80% of the respondents answering correctly, most of the Democratic “gaffes” had a plurality “not sure” consensus. Indeed, other than the “redistribute the wealth” (the only Dem “gaffe” that had a 80+% correct answer) and a bare-majority-correct “tested by an international crisis” questions (I discount the plurality-correct “start the political career at the home of former Weather Underground members” question because I suspect most of them thought about Perry Sampson and Jeff Masters instead of Bill Ayers and Bernadette Dohrn), no more than 28.2% of the respondents could deliver the right answer.

I would link to today’s Ed Morrissey Show because John was the first-half guest, but there is currently an issue with Ustream’s recording that’s causing things to pass over John’s appearance. John pointed out that we on the right have a serious uphill battle in getting through to the masses. Take a listen to the end of that video, where John asked his dozen volunteers where they get their news – Bill Maher figured into that. Bill Fragging Maher, who has a second-rate comedy show.

I guess we can count “Saturday Night Live” as a “news” source for the ObamiNation as well – an overwhelming majority in both the video and the poll misattributed the Tina Fey “I can see Russia from my house” humor quote to Sarah Palin, when Palin actually said that one could see Russia “from land here in Alaska”.

57,58,59 or 60 – It Really Doesn’t Matter

by @ 5:08. Filed under Politics - National.

Some parts of the Country, political junkies and all the D.C. insiders are holding their breath awaiting the result of the Alaskan absentee count, the Minnesota recount and the Georgia runoff.   All actions that will determine Senate representation in those states.   The results will also determine whether the Democrats have 57, 58, 59 or the magical 60 votes.  

Here’s a news flash, the remaining 3 elections don’t matter.

Well, I guess they do matter if you’re into the community soccer “we’re all winners” kind of scoring.   However, in terms of running the Senate or holding the Democrats from running wild on their agenda, the results don’t matter.

Don’t believe me?

Let’s assume the Republicans hold the last three races.   Let’s look at a few issues and see if the Democrats can get them moved through.   Remember, it only takes 3 RINO defections to join the Democrats and the Democrats can cease debate and move to a vote.

Global warming – Specter, Coleman and McCain are all firm believers in man made global warming.  

Off Shore drilling – Coleman, Collins and Graham are just 3 of the 10 Republicans who were willing to give away any real ability to drill because they saw political advantage.

Illegal amnesty – McCain, Graham and Kyl were the ringleaders on the last go around.   I don’t expect they’ve found any reason to change their positions.

Abortion issues – Snowe, Collins and Specter are all pro choice.

There’s a part of me that  wishes the Dems would get their 60 votes.    Even at 59, Reid and his ilk will continue to stand in front of microphones and whine about “Republican obstructionists,” after which, he’ll cry “Buuuuuuuuuuuush.”   At 60, all of that goes away and the Dems will have no one but themselves to look.

Regardless of the outcome of the three remaining elections, the Dems will have full control of  Washington on nearly every issue that comes up.   After all, it’s not like this election has made the RINO an endangered species, it’s just made them a little less likely to blend into the background.

November 17, 2008

Who’s Doing The Math?

by @ 5:47. Filed under Economy, Politics - National.

Wasn’t it just last week that Barack Obama said there is only one President at a time?

Barack Obama and others are pushing a $50 Billion bail out of the Auto Industry.   Phrases like “too big to fail,” “catastrophic” and “psychological impact” are being used as reasons for urgent and significant action (sound familiar?)

This time, unlike the original “trust me” bailout, we have a pretty good idea of what is causing the problem and how big the problem is.   Let’s take a look.

The  current problem with the automotive industry is that they aren’t selling any cars.   Some claim credit is an issue, some claim that Detroit is designing and making vehicles people don’t want.   I don’t think either of those are more than a small percentage of the problem.   The core problem is that consumers have pulled in their spending, hard.  

The last thing many consumers are doing while jobs are a concern,  is to  make major purchases that are not absolutely essential.   While credit for purchasing autos hasn’t dried up, it has gotten tighter.   Rather than financing more than 100% of the purchase price, most lenders have gone back to the draconian practice of getting a down payment!   Additionally, the value of used cars have dropped drastically in the past few months.   This means that many consumers have a bigger delta that they need to bridge between the value of their  trade in and the car they desire.  

While current sales are certainly a problem, even waving a wand and restoring 2006 level sales won’t save Detroit.   Why?   Detroit has a cost structure that is uncompetitive.

The Carpe Diem blog put together an analysis that shows that the Big 3 pay fully loaded wages that are 50% higher than their competitors levels. Now we can argue about whether this is labor or management’s problem to solve but regardless, even with the Big 3 closing the gap on productivity, they are left with a significant cost disadvantage which isn’t going away.   OK, so that’s one problem.

Another problem is with the pension plans that the Big 3 have.   Over the years, they have made commitments to their union employees to provide certain retirement benefits.   Like a lot of companies and industries, the funding for these retirement programs have not kept up with the expected cost of the benefits.   In the case of the Big 3, the unfunded portion of their health and pension programs is now estimated to be $90.5 billion.  

Not that it’s impossible, but it’s hard to imagine any of the Big 3 returning to a profitability level that could put a serious dent into the $90.5 billion short fall. GM’s last profitable year was in 2004 and it was just shy of $3 billion. GM’s share of the $90.5 Billion is estimated to be about $50B.

Finally, the Big 3 are burning huge amounts of cash. Reports have it that GM and Ford alone, are using $15 Billion per quarter. Chrysler is a private company so it doesn’t report it’s burn rate but you can bet they are feeling pain as well. At the end of September, 2008, GM had $16 Billion of cash. They had burned nearly $9 billion during the quarter. It’s entirely likely that GM’s situation has not improved this quarter. If their cash burn continued as it was in the third quarter, they are reaching a point of no return. With the consumers now sitting on the side lines, especially with major purchases, and many economists saying we won’t see any improvement until at least the second half of 2009 and some saying into 2010, how does $50 billion make much of a dent in an industry that is burning $15+ billion per quarter?

So here are the questions:

  1. Does shoving $50 Billion into a $90.5 billion hole even get you to the point where you can see above the edge of the hole?
  2. Do you believe that $50 Billion can buy enough time for the automakers to keep them alive until consumers buy their product again?
  3. If you answer yes to 1 and 2, how do the Big 3 remain/regain competitiveness with a labor cost structure that is 50% above their competition? Oh, and if you have any notion that the competition is getting easier, read this great article!

Should GM and others get a straight “bail out?”   Nope.   I can’t see how putting money into this without a dramatic change in the underlying cost structures does anymore than delay the inevitable.   Additionally, I don’t want Nancy Pelosi and Barack Obama making decisions on what the Big 3 make, how they make it etc.   Having anyone in Washington dictating Detroit’s marketing plan is a sure way to ensure we’d never get the money back.

Should GM fail?   Probably.   Should it fail now?   Probably not.   While I don’t favor a straight bail out via capital infusion or additional loans, I would favor debtor in possession loans.

I believe GM, and the others if they find themselves there, need to go through a Chapter 11 reorganization.   It appears to be the only way for them carve out profitable business segments and shed costs that they can no longer support…and I’m not talking just union contracts.   The conventional wisdom is that GM and others, can’t file for bankruptcy because they couldn’t get interim financing.   I think the conventional wisdom is accurate.   However, I don’t see the government standing by and watching GM sink under the waves, they will do something.   I would rather see the hard decisions forced via the bankruptcy proceeding than allow “whistling by the graveyard” of getting funding and hoping it will be enough to get by.  

Some may argue that by filing for bankruptcy the US tax payer will end up paying for the unfunded liabilities of the pension and health plan as they are insured by the Pension Benefit Guaranty Corporation.   While that is true, I suspect we’re going to be ultimately responsible for it anyway.   By forcing the issue now we can stop the bleeding.

Some may argue that the example of Chrysler in the ’80’s shows that bankruptcy isn’t needed.   Actually, the Chrysler situation proves the point for bankruptcy.   The Chrysler loans,  a deal at just $1.2 billion, contained language that required Chrysler supplies to provide certain concessions.   The effect was that Chrysler negotiated contracts with suppliers, unions and debt as if they were in bankruptcy.   The populace is already upset about the $700 billion bailout and even more so by Paulson’s nose thumbing on doing what he said he was going to do with it.   If a bail out for Detroit gets shoved down the taxpayer’s throat, it should at least have the appearance of serious consequences for shareholders and those who have been sucking from the teat while the industry fails from a growing cancer.   Even without a bankruptcy filing, Washington is going to find little support for a Detroit bailout.   With a bankruptcy filing, the howls may be muted.

Additionally, there is concern of whether US consumers will purchase from an auto company that is in bankruptcy.   To those folks I say, that folks are more likely to buy from a company that is dealing head on with their issues and forging a plan than with a company whose future is solely tied to a quick spring back in the economy.

In the end, I don’t know if the US auto industry, as we know it, will survive.   Certainly pieces of it will but I doubt it will contain the behemoths we see today.  

It used to be said that “What was good for GM was good for America.”   While I think that phrase may still be fairly true, I don’t believe that the converse is true.   America can’t  continue to write checks with nine zeros at the end of some number.   This is especially true when there are endemic issues that significantly dilute the benefit of any support.   There will likely be support for the Big 3, I hope that Detroit is forced to deal with their issues and Washington resists the temptation to dictate automotive development.

I hope but I’m not hopeful!

November 13, 2008

What Is Paulson Smoking?

by @ 9:33. Filed under Economy, Politics - National.

Dad29’s comment on my Smith Barney post reminded me of a ridiculous  statement in Paulson’s written comments to Congress:

We are looking at ways to possibly use the TARP to encourage private investors to come back to this troubled market, by providing them access to federal financing while protecting the taxpayers’ investment. By doing so, we can lower costs and increase credit availability for consumers. Addressing the needs of the securitization sector will help get lending going again, helping consumers and supporting the U.S. economy. While this securitization effort is targeted at consumer financing, the program we are evaluating may also be used to support new commercial and residential mortgage-backed securities lending.   (emphasis mine)

In regular people speak, Paulson is suggesting that he wants to have part of the TARP funds focused on increasing consumer credit.   Note that he isn’t referring to mortgages because he talks about that seperately at the end of the quote.  

OK, I guess?

Hey, wait!   Haven’t I been reading articles about how over extended the consumer is on credit?   Haven’t I also been reading that unemployment is rising rapidly and many people are concerned about the security of their jobs?   I think I also remember reading that the consumers have seriously cut back on spending because of their concern about future income.

Detroit has quit selling cars.   Their lack of sales is not due to their high employment costs (although that may contribute).   Thier lack of sales is not due to foreign makers having (at least perceived) better quality and design (I’m pretty happy with my US vehicles).   Lastly, their lack of sales are due to a lack of credit (although it may hurt a bit)   No, the fact that Detroit is trucking in mothballs by the ton is because the consumer has quit buying because they are finally concerned about managing the financial house.   And it’s about time!

Consumer lending still exists.   Loans are available for people who qualify for them.   The only loans that have been cut back are the ones, similar to the housing mess, that you could get with no proof of income or ability to repay.   Those loans have dried up and they should.

Unfortunately, our economy had been living on mortgages, car and credit loans that were far beyond the means of many of their owners to pay back.   There is no short order fix for what we are experiencing.   They economy needs to reset to levels that are sustainable and not the ficticious “we never have to pay it back,” levels.

Hank Paulson needs to put his monopoly money back in his pocket.   None of what he is doing is going to speed or alter the resetting process.   Pushing more money into the economy at this time will only set us up for more pain once things settle….get ready for inflation like it’s 1979!

November 12, 2008

You Just Stay Classy, Barack

by @ 5:41. Filed under Politics - National.

Running on a promise of “Hope and Change” and promising that politics in his administration would be different, Barack Obama was voted into office.   Yesterday, following his first trip to the White House, Obama and his team, showed just how much was going to change and how different it would be.

Following what was their first fact to face conversation, between a very gracious current President and the holder of the “Office of the President Elect,” a conversation that purposely invited no staff of either man’s, the content of the conversation was leaked.   It wasn’t leaked by the White House or people affiliated with the gracious host.   The information was leaked by “anonymous aides” of the individual who is not yet President but has been the Presumptuous President for over a year.

Why is it that when I think of Obama and his staff moving into the White House I get a mental picture of college freshman  arriving at  the college campus and charging towards the frat house awaiting the first of their many anticipated parties.   Like the college freshman, I hope Obama and his staff figure out that there’s more to being in the White House than  leaks, special favors and other attempts  to make themselves look good.   Eventually, like college freshman, they’ll learn that there is a lot of  day in, day out work that needs to be done.   Work,  without which, they’ll fail.

No Shit Sherlock!

by @ 5:01. Filed under Politics - National.

Somebody better get this news flash to the various Republican organizations and their leaders!

So Karl Rove has finally figured out that you can’t play defense and take body blows for 10 rounds and expect to win!   For as smart as Rove was at orchestrating two elections, this was one topic that he sure flunked!

You can bet Obama won’t be making the same mistakes!

November 11, 2008

So You Didn’t Like Palin?

For the two of you who didn’t like Palin and thought that one of the McCain look-a-likes would have been a better choice, take a look at one of your other options:

From the “Agency who can not be named,” Pawlenty jobs plan has green tint

Yup, that’s right, one of McCain’s short listers, one of the guys who the MSM were pining for wants to move forward promoting a green jobs agenda!

Minnesota will likely face a $2 – $3 Billion dollar budget shortfall this year and Pawlenty is proposing flushing several million down the drain in an attempt to create “green energy” jobs in one of the highest taxed states in the nation! Has he learned nothing from shoving a bunch of state money into the ethanol industry only to find that the industry has no means to self sustain?

Minnesota is looking less and less like the Midwest and more and more like an End of the Great Lakes version of Michigan!

In Case You Missed It

by @ 5:32. Filed under Economy, Politics - National.

U1SAToday had an article last week showing the return on investment for the Nation’s largest financial institutions lobby efforts.

For the minor investment of just over $30 million, a group of 9 banks and investment firms garnered almost $163 billion of funding from the Treasury.   That’s a return of over 5,400 times the investment!  

PNC Bank appears to have the best negotiators.   For a mere $320,000, PNC received $7.7 billion, an amazing 24,000 times return on investment.   At the other end was Goldman Sachs who got a return of less than 2,400 times their $4.2 million dollars of lobbying.

If only we all had gotten the minimum 2,400 times return on the money we had invested as of the end of September.   I’m pretty sure most of us, well, me for sure, wouldn’t be caring much about all the other nonsense the Treasury was doing.   Heck, if I had 2,400 times my September balance, I might have voted to raise taxes on myself too!

November 10, 2008

Going “Old Testament” On You

by @ 5:59. Filed under Politics - National.

There’s an old saying that says “If you don’t learn history, you’re destined to repeat it.” That saying perfectly states my final thoughts on the 2008 Presidential election.

First, I want to clearly state that while I am an Evangelical Christian, I am not like Pat Robertson or Jerry Falwell where I believe you can discern God’s will or see God’s hand in every event that occurs.

Ok, going Old Testament.

After the Israelites escaped from Egypt, the were lead by Moses and then Joshua. After Joshua, a series of “Judges” ruled/lead the nation, or parts of Israel.

During the time of the Judges we find that Israel’s relationship with God had become distant. As generations passed, the new generations didn’t have the benefit of first hand knowledge of God’s works in their lives as the generation of the Exodus had had.   As a result, many of the Israelite tribes took to worshiping Baal during this period.

It’s clear throughout the book of Judges that God no longer paved the way for the Israelites as a result of their distance. “If it feels good, do it,” was the guiding principle for the Israelites during this time. In fact, the last line in Judges is:

Everyone did what was right in his own eyes.

As things continued to deteriorate for Israel and a civil war took place, the people of Israel desired change from what they were experiencing.   Rather than looking back to see what had worked previously, they looked around themselves to other nations and said “we should be more like them!”   The result was a request to God via Samuel, to request a king to lead them.

God understood that the reason the Israelites were having challenges had nothing to do with the type of leadership they had.   He knew that the issue was one of self importance, arrogance and disobeying of God’s word.  

In  1 Samuel 8, God attempted to warn the Israelites that there would be consequences of their  desire:      

17He will take the tenth of your flocks, and you shall be his slaves. 18And in that day you will cry out because of your king, whom you have chosen for yourselves,(M) but the LORD will not answer you in that day.”The LORD Grants Israel’s Request

Unfortunately, the Israelites didn’t heed God’s advice and demanded a king:

      19But the people refused to obey the voice of Samuel. And they said, “No! But there shall be a king over us, 20(N) that we also may be like all the nations, and that our king may judge us and go out before us and fight our battles.” 21And when Samuel had heard all the words of the people, he repeated them in the ears of the LORD. 22And the LORD said to Samuel,(O) “Obey their voice and make them a king.”

So, God gave them a king in 1 Samuel 9, Saul, and he turned out to be as bad as God had warned and worse.

It didn’t take long for the Israelites to realize they had made a mistake.   Only a couple of chapters in the Bible, 1 Samuel 19,  and according to some scholars, probably a couple of years in real life, the Israelites were asking for forgiveness for their demand of God for change:

19And all the people said to Samuel,(AM) “Pray for your servants to the LORD your God, that we may not die, for we have added to all our sins this evil, to ask for ourselves a king.”

So why the history lesson?

Even without tying in issues of faith, the parallels between the Israelites and the US are stark.   Like the Israelites, the US has moved from a period of steady prosperity into a time of trouble and uncertainty.   Also like the Israelites, rather than looking back and taking responsibility for the actions that have gotten us here, we’ve assumed that the right answer for our troubles is “change” and “to look more like other nations.”   Finally, like the Israelites, we have concluded, even though every sign tells us otherwise, that wholesale change of our method of governance is the answer.

The Israelites went through some tough times after they got Saul as their king.   While Saul had an early successes, he quickly turned from God and lost His favor.   God then instructed Samuel to anoint David as king but it would be years before David finally took the throne.

While I expect us to go through some difficult times as a result of our recent political decisions, I remain hopeful.   Like the Israelites, I expect the citizens of the US to eventually see the errors of their selections.   Also, unlike Israel, we won’t have to wait an unknown time frame until the death of a king to make a change.   We’ll be able to make a change in two or four years.

Saul’s pride and jealousy created a schism within Israel at the end of his reign.   Rather than a peaceful transition to David, the king who God anointed, there was fighting between the families and followers of David and Saul.   Eventually, David won but not until there was great bloodshed within Israel.

Like Saul, it’s apparent that Barack Obama has enormous pride.   I’m not going to suggest that should  Obama or the Dems lose an election, that we would not have a peaceful transition.   I am going to suggest that the pride and ego I see in Obama, Reid and Pelosi leaves me concerned that they will attempt to impact how future elections occur.   Oh, I don’t mean not having elections.   Re instituting the “Fairness Act” and implementing the union card check program are two ways to tilt future elections in the Dem’s favor.

I certainly don’t have a crystal ball to see the future.   I do however, believe we are seeing a similar human behavior pattern (and just maybe a pattern of God) that is similar to the Israelites of old.   I guess the way to handle this for the near term is the same way that Samuel dealt with the situation with Saul.   When the Israelites recognized that Saul was a mistake, they confessed their sin to Samuel and asked him to pray for them.   In 1 Samuel 12, Samuel replied:

23Moreover, as for me, far be it from me that I should sin against the LORD by ceasing(AT) to pray for you.

I’ll pray for this country’s citizens and its leadership.

Hope and Change for 2010?

by @ 5:09. Filed under Politics - National.

Gingrich: I’m Ready to Serve as GOP Chairman

 

I’d have to check the archives but the only position, and I’m not even sure that it was that, that I disagree with him on was his commercials for global warming.

Newt has a solid finger on the pulse of the American public and the conservative core. While there may be others, Newt is the only person I know for certain who can take conservative principles and explain their benefit and purpose to the general public.

November 8, 2008

The difference between “the” and “my”

by @ 7:40. Filed under Politics - National.

Ed Morrissey and I had a rather heated discussion over the difference between “the President” and “my President” yesterday on his Ustream radio show (his comments were on-air, mine were in the chat room). While it may be nuance to Ed, it certainly is not to me. “The” affords the office-holder the respect that the office demands, regardless of the views of said office-holder. “My”, outside of use in sarcasm, denotes a certain level of acceptance of the office-holder’s views. As Barack Obama and I share almost no common views, and I don’t wish to be sarcastic all the time, I cannot in good conscience call him anything other than “the President”.

I do need to expand on a few items. I do wish Obama success in defending this country against whatever forces seek the overthrow of a part of government. I do also wish for the economy to not tank. I do not, however, wish Obama political success; indeed, so far as his policies are opposite my views, I wish him nothing but political failure. As John Hawkins said, “I’m not interested in bipartisanship. I want to defeat liberalism, not cooperate with it. I want to throw sand in the gears at every opportunity and if Obama wants to work with us, he’s going to move to the right.”

Another explanation, better than what I can offer, can be found at Blue Collar Muse. Says the Muse, “I say, Obama will be the President; but he will never be my President. Obama wants what he is unwilling to give. To get the job, Obama divided us. Now on the job, he yearns for unity’s strength. But leopards don’t change their spots. As he ran, so will he govern. I will not be a party to that.” (emphasis in the original)

All I have to do to justify my stance is look at what the Democrats did when President Bush offered his hand in “bipartisanship” during and following the 2000 election. Outside of a couple of weeks in September, 2001, and Bush calling the Rats’ 3 1/2-year-old bluff on Iraq, they have been nothing but obstructionists. Still, Bush and the Republicans insisted on “bipartisanship”. What did that get them? Tell me; what did that get them? It got them a one-way ticket to Minorityville, and the way out isn’t “cooperation”, but “victory”.

November 7, 2008

Maybe I spoke too soon on a lack of a filibuster-proof Senate

by @ 19:13. Filed under Politics - National.

It seems the Democrats got to 57 seats (with Bernard Sanders and Joe Lieberman caucusing with them, at least), and things are too close to call in Alaska, Minnesota, and Georgia.

At last count, Republican Saxby Chambliss was under the 50%+1 requirement to avoid a December 2nd runoff against his Democratic challenger, Jim Martin. There are, however, 42 precincts yet to report, and if each precinct reports like the remainder of the remainder of the county it’s a part of reported, Chambliss should reach the majority he needs to avoid that runoff. Still, I can’t guarantee that will happen, and we may have to work to save Chambliss.

There will be an automatic recount in Minnesota between Republican Norm Coleman and his Democratic challenger, Al Franken. Unofficially, with all precincts reporting, Coleman was ahead by 221 votes. There were 2,340 unspecified write-ins, according to the Minnesota Secretary of State, so that may well flip the other way upon a recount.

Finally, there’s Alaska. The first item is that Republican Ted Stevens is leading his Democratic challenger, Mark Begich, by 3,257 votes. However, there are 62,953 early and absentee ballots yet to be counted, and another 18,271 ballots that are in question.

Even if Stevens wins, there is the question of whether he will be seated, and if seated, whether he will be expelled because of his conviction on corruption charges. I do not know what the threshhold is for the Senate to deny seating a member, but I do know the only way to remove a member once seated is by 2/3rds voting to expel that member. If he is either not seated in or expelled from the 111th Congress, there will be a special election within 60 and 90 days of that date (“thank” you Frank and Lisa Murkowski), and I doubt the Republicans would be able to hold onto that seat.

Of course, if the Dems can’t get to 60 by ousting him and getting a Dem in his place (or they’re already at 60 without Lieberman), I fully anticipate them seating him and using procedural rules to keep him on the rolls until 2010 in order to use him as a weapon against the GOP. They’ll likely get away with it; after all, they parlayed the credit crisis they caused into the clean sweep.

There is a further complication; there are a number of Republican Senators who serve in states with a Democratic governor with the power to fill vacancies in the Senate until at least the 2010 elections, including several who serve in states that haven’t otherwise voted for a Republican lately. Notably, and gratefully, this does not include John McCain; Arizona Governor Janet Napolitano is required by law to appoint another Republican to fill his seat should he leave. In Wisconsin, Tommy Thompson made a career out of giving state Senate Democrats plum jobs outside of the Senate in order to create a Republican majority out of thin air; I can’t put it past Barack Obama to do the same to create a filibuster-proof Democratic majority (or to do so without the troublesome presence of Lieberman in the caucus), and there are a couple of Senators who I don’t believe would feel particularly bound to prevent that filibuster-proof Dem majority.

Now I’m Going to Cry

First we had Chris Matthews with tingles in his leg and now we’ve got Harry Smith crying as he purges his white guilt.

Being a male of German descent, I don’t relate to these public displays of emotion. Can we please just get back to our regular doses of excessive fawning?

November 6, 2008

What Did We Learn?

by @ 5:47. Filed under Politics - National.

So it’s done, or mostly so.   There are still a couple of Senate races yet to be officially determined (yes, one of them includes Al Franken and yes I live in MN…sigh) but in general, we’re done.   Now that I’ve had about 22 hours to decompress it’s probably a good time, before I completely lose the “sense of the moment” to look at what we learned in this election cycle.   Most of this is gleaned from the exit polling done by CNN:

  1. Contrary to Obama’s protests, the election was  decided on  race – While he did swing about 2.5M votes of caucasians, Obama’s win came from non caucasian voters.   We knew about the African American vote.   Only 4% of African Americans voted for McCain.   Traditionally, 10% to 12% voted Republican.   However, Latinos also moved 14 points towards Obama versus what Kerry was able to garner in ’04
  2. The PUMAs were a work of fiction – Oh I’m sure there were some and I’m sure they voted for McCain.   However, Bush got 11% of the Democrat vote in ’04 and McCain got just 10%.   Those numbers tell me that the PUMAs looked no different than your normal Dem voter.   I suppose it’s possible that McCain may have had an even smaller Dem vote without their support.   However, I’ve seen other result data that tends to corroborate the lack of a PUMA influence.
  3. Working from your base to the middle works better than working from the middle towards your base – Obama received support from 89% of self ascribed “liberals”, compared to Kerry getting 85% of the same group.   McCain only received 78% of the “conservative” vote while Bush received 84% of the same group.   Of course those who are moderates broke for Obama 60% to 39%.   It’s clear from this that while Obama held his base, McCain never fully recovered from his early pokes in the conservative eyes.
  4. No “event” cost McCain the election – Regardless of when they decided who they were going to vote for, with the exception of the last week, McCain was never closer than a 5% deficit.    This is interesting in that the talk of how the economic issues impacted McCain doesn’t seem to hold water.   What this also shows is that the election results were  about broad ideology and candidate  confidence issues.   It also suggests that while polling better than the broad Republican brand, McCain was never able to completely shake  the negative perceptions.    
  5. 67% of those polled favor expanded offshore drilling – I’m a bit surprised that this number is still as high with $2.40 gas as it was with $4.00 gas.   It will be interesting to see how Pelosi/Reid/Obama respond to this.
  6. Expect more Socializing of Industry – while only 39% of all voters supported the $700 billion bailout, unless they were strongly opposed to it (only 29%), they voted for Obama.
  7. Age more important than Race – While I don’t entirely believe this given what I saw in item 1, the exit polls showed that 39% said the age of the candidate was a factor in their vote, while only 19% said race was a factor.   The people who said age was a factor overwhelmingly supported Obama.

Ok, so what does this mean?   I’m not honestly sure.   I’ll get back to you after the weekend.  

One  other quick observation:

Who was the person least happy with the Obama victory?   Hillary Clinton.

If Obama does well as President, Hillary can’t run until 2012 and we have this nasty habit of changing parties after 8 years by the same person.   If Obama doesn’t do well, that would likely move that group of no conviction moderates to swing their emotions to the nonDemocrat.

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