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Brains in the new Economy Size! - Elf M. Sternberg
Brains in the new Economy Size!
McCain attempts to reinvent himself, again.
In 1999, McCain helped his (former) economic advisor Phil Gramm ram through a collection of banking deregulations. Most of the economists I've read tell me that the Depression-era regulations desperately needed to be revised or replaced with a more modern regulatory scheme, but McCain voted to do away with the existing regulatory regime altogether. The result is the mess we have now. And McCain, to nobody's surprise, is now claiming that he's "outraged" at the Wall Street shennanigans.

McCain's gonna lose his big business backers if he keeps up his damascene "Greed is Evil and Must Be Stopped!" rhetoric. Even if he keeps doing it with Carly "I'm an overpriced CEO who HP paid 21 million dollars just so I'd go away" Fiorina. Brad's right: Irony is dead.

And Carly Fiorina is off the Straight Talk Express because she talked too straight!
But he won't be. Carly Fiorina, already unpopular with the McCain campaign for putting John McCain in the uncomfortable position of having to admit he has no idea what his own policy is on family planning (he has consistently voted against not just abortion but any provision for any form of birth control), has now been thrown under the Straight Talk Express. (And rabid anti-Obama psycho Larry Johnson once claimed only Obama did that.) She got the boot for admitting on camera than neither John McCain or Sarah Palin could be "trusted to run a large corporation like Hewlett Packard." She then tried to backtrack by saying, "But that's not what they're running for."

No, they're running to manage something much larger and more important: the entire United States government.

Miss Fiorina, by the way, could also not run Hewlett Packard, so she knows about people who can't do that.

Ruth Marcus says she's fed up with McCain's "True Whoppers."
Ruth Marcus has a column in the Washington post that says that we cannot compare Obama's stretching of the truth (Andrew calls them "venial sins" to the massive, mortal bearers of false witness that is the McCain campaign. It's gotten to the point where FactCheck.org is struggling to seem not-partisan, but McCain is no longer running against Obama, he's struggling against reality itself (as are, it seems, many of his supporters). Brad DeLong protests that McCain has been lying for months and to only come clean about it now, after McCain has decided the press are his enemy, is itself dishonest of Ruth Marcus.

McCain, who "doesn't understand the economy," now claims to understand the economy because he's a member of the Commerce Committee.
The Commerce Committee examines laws having to do with the Interstate Commerce Clause and has very little to do with the Treasury or our financial institutions. There is some economics there-- interstate trade, science and technology initiatives-- but it also deals with the Coast Guard, marine navigation, and telecommunications common carrier laws.

McCain is simply lying again.

Who benefits from the candidate's tax plans?
A great chart I've seen a couple of times this week. The Washington Post put up a chart showing who wins and who loses, and Chartjunk.com modified the chart to show how many people in each category will be affected by the changes. Freakonomics went a different route and show how much money will be involved in each shift.

The real outcome is clear: under McCain, the rich will keep screwing the middle class.

As Obama told Bill O'Reilly, "Bill, you can afford a tax hike," to which O'Reilly whined that Obama was engaging in class warfare. Well, as the chart shows class warfare is already underway. It has been for a long, long time.

To know her is not to like her
You can't continue to enthuse about her as the scandals mount and the stupid burns. Her approval rating has dropped from +17 to +1. It's still positive, but what a drop!

John McCain invented WiFi!
In his answers to "science questions facing America," John McCain replied:
Under my guiding hand, Congress developed a wireless spectrum policy that spurred the rapid rise of mobile phones and Wi-Fi technology that enables Americans to surf the web while sitting at a coffee shop, airport lounge, or public park.
But wait, it gets even better! Not only did John McCain sagely lead Congress into an era of unfettered technological freedom, but he also helped invent The Blackberry! His sometimes honest economic advisor Doug Holtz-Eakin said yesterday while holding up his Blackberry,
He did this. You're looking at the miracle John McCain helped create and that's what he did.

McCain calls for a "9/11 Commission" to investigate the finance crisis
Oh, come on. You can't keep poking at the American pineal gland like this and expect it to keep working for the next six weeks, McCain. This is just sad.

Palin says she fired Monegan because he was 'too aggressive' in going after child molestors.
Palin's latest explanation for why she fired Walt Monegan is that he had gone over her head in seeking federal money for an initiative to combat sexual assault crimes, before she had approved the program.

But it now appears that the program in question is one that most elected officials would be wary of admitting they hadn't strongly backed. According to Peggy Brown, who heads the Alaska Network on Domestic Violence and Sexual Assault, Monegan wanted to use the federal money to hire retired troopers and law enforcement officials, and assign them to investigate the most egregious cases of sexual assault -- including those against children.

In other words, if Palin's new story is true, she fired Monegan for being too aggressive in going after child molesters.

"I understand the economy! You've got to believe me when I say that!"
John McCain incorrectly identified the Securities Investor Protection Corporation as a government agency. It is not; it is a not-for-profit company whose duty is to account for and, if possible, return money to investors whenever a member brokerage of the SIPC goes bankrupt. If he's gonna talk about Wall Street, he should understand it, right?

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Current Mood: shrill
Current Music: Fiona Apple, Extraordinary Machine

5 comments or Leave a comment
fallenpegasus From: fallenpegasus Date: September 17th, 2008 05:48 pm (UTC) (Link)
Not chasing the link or reading the story, I myself would like to fire more than a few prosecutors who have been "too aggressive" about casing down child molestors.

The ones that are dismissive of evidence, rule of law, propriety on the part of the prosecutors office, and whip up witchhunts by people with parents disease who loose their frigging MINDS when they they hear the magic words "child molestor"

For example, the AG of the last D President, I would love to throw into a bonfire for her history of doing all those things.
elfs From: elfs Date: September 17th, 2008 05:55 pm (UTC) (Link)
Oh, I'm totally with you on that. But a claim like this going to play very, very badly to Palin's supporters, the ones who think only with their ovaries and ovarian products.
heofmanynames From: heofmanynames Date: September 17th, 2008 08:20 pm (UTC) (Link)
'cept, of course, for the one who think with their bibles (as they follow along w/ the preacher on the TV)
shaterri From: shaterri Date: September 18th, 2008 05:32 am (UTC) (Link)
As much as I would love to love the Blackberry story, an in-context reading makes it a lot more benign. When McCain's advisor held up the phone he never mentioned the Blackberry by name (or even anything like 'this device'); he talked about the wireless infrastructure ("Telecommunications of the United States is a premier innovation"), and it's pretty easy to believe that when he said 'this' he was referring to the concept and not the device. It doesn't make the raw claim any more true, but it makes it a lot less patently absurd, and it's *exactly* the kind of thing (denial of abstraction? Overliteralism?) that I would bitch vigorously about if the other side were doing it.
elfs From: elfs Date: September 18th, 2008 02:49 pm (UTC) (Link)
Denial of synechdoche, according to Brad DeLong. It's a funny riff just because of the whole "Al Gore invented the Internet" thing that hurt Gore so badly. McCain's record isn't nearly as benign as Holtz-Eakin would have it, so there was a lot of pushback from telecomm interests.

I understand that Obama's campaign manager has even changed his .sig to read, "Sent from my Blackberry, a miracle made possible by John McCain."
5 comments or Leave a comment