[ Posted Thursday, April 2nd, 2009 – 16:35 UTC ]
All of this squabbling amongst the Republicans is dangerous for them, because the media shows signs of waking up and noticing. This is dangerous for the Republicans indeed, because the media has been content to attempt pushing the theme "Democrats are divided!" no matter how many times the party shows unity by all voting together for bills -- and (even worse) the media is starting to think the Republicans are playing them for fools. This could cause them to turn and savage the GOP in one of their trademarked feeding frenzies. Which could shift the whole theme to "Republicans are divided!" which would at least have the benefit of actually being true (meaning the stories could get quite ugly).
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[ Posted Wednesday, April 1st, 2009 – 05:39 UTC ]
What a morning!
I awoke to the sounds of my clock radio, and of President Obama giving an extraordinary speech across the airwaves. I'll just transcribe what I heard for all of you here, without comment:
I, President Obama, have taken this opportunity to speak to all of America. Because I'd like to make a [...]
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[ Posted Tuesday, March 31st, 2009 – 16:33 UTC ]
Perhaps I am just being alarmist here. Perhaps I am wrong about all of this. Or perhaps we will look back at Jaynes in the future with horror, as our inboxes fill up with mudslinging about the candidates. I truly hope I am mistaken about this, and not prophetic.
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[ Posted Friday, March 27th, 2009 – 17:15 UTC ]
"After 27 days, the best House Republicans could come up with is a 19-page pamphlet that does not include a single real budget proposal or estimate. There are more numbers in my last sentence than there are in the entire House GOP 'budget.' "
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[ Posted Thursday, March 26th, 2009 – 15:13 UTC ]
As opposed to, say, the process that Senator Dianne Feinstein's Presidential Inauguration Committee (PIC) used, which led to a multi-layered fiasco of epic proportions.
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[ Posted Tuesday, March 24th, 2009 – 19:29 UTC ]
I waited to write this until after President Obama held his second prime-time press conference, so I could give my reactions. President Obama did his usual job of unflappably answering questions in an intelligent and adult manner. This will come as less and less of a shock to the media and the public as time goes on (as the memory of what preceded him fades).
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[ Posted Monday, March 23rd, 2009 – 17:20 UTC ]
It may already be too late to even suggest this, but I think we need a better term than "toxic assets" (or "toxic mortgages" or "toxic" anything else) if we're trying to convince people to buy them. I mean, has any marketing campaign in the history of advertising been successful using the word "toxic"? Even actual poison (bug spray, for instance) largely avoids this word, unless in some reassurance that the product is "non-toxic to pets."
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[ Posted Friday, March 20th, 2009 – 17:17 UTC ]
The question that remains is whether Obama will continue to do so (perhaps even moving in a more populist direction than he outlined last night), or whether he will back off if he faces opposition in Congress (by "centrists" in his own party, even) to his call to populism. If public opinion backs Obama in such a showdown, this will only serve to strengthen his position politically. And weaken the entrenched Washington position (whether Democratic or Republican).
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[ Posted Tuesday, March 17th, 2009 – 14:20 UTC ]
You know what I have to say to any member of the House or Senate who is channeling fake populist rage over the AIG bonuses? Blarney!
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[ Posted Monday, March 16th, 2009 – 15:37 UTC ]
It's easy to get outraged at the announcement that AIG will be paying over one hundred and fifty million dollars out as bonuses, after taxpayers have pumped over one hundred and fifty billion dollars into the failing company. But the populist outrage this has sparked off needs to get a little more focused. Because we're about to get lost in a thicket of legalese about "compensation" and "bonuses" and "deferred stock options" and all the rest of it, which only serves to detract from a very basic truth -- which should be the real point of discussion here. This truth is that whatever you call it, and whatever little box it gets entered into on the tax forms, these people make an obscene amount of money. And nobody is even saying (because nobody in the media is even asking) exactly how much money they make. This should be the real target here, because it has much broader implications. Also, because it is a lot easier to fix than just getting back some bonuses.
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