Saturday, September 6, 2008

What was he thinking?

Themost audacious move of the race so far is also one of the dumbest. It ranks right up there with Joe Biden's "clean-cut" comment and Fred Thompson's entire campaign. John McCain’s choice of Sarah Palin as his running-mate has set the political atmosphere alight with both enthusiasm and dismay.

McCain has based his campaign (correctly) on the idea that this is a dangerous world—and that Barack Obama is too inexperienced to deal with it. He has also acknowledged that his advanced age—he celebrated his 72nd birthday on August 29th—makes his choice of vice-president unusually important. Now he has chosen as his running mate, on the basis of the most cursory vetting, a first-term governor of Alaska.

The reaction from inside the conservative cocoon was at first ecstatic. Conservatives argued that Mrs Palin embodies the “real America”—a moose-hunting hockey mum, married to an oil-worker, who has risen from the local parent-teacher association to governing the geographically largest state in the Union. They praise her as a McCain-style reformer who has taken on her state’s Republican establishment and has a staunch pro-life record (her fifth child has Down’s syndrome). Who better to harpoon the baby-murdering elitists who run the Democratic Party?
Mrs Palin was greeted like the reincarnation of Ronald Reagan by the delegates, furious at her mauling at the hands of the “liberal media”. And she delivered a tub-thumping speech, underlining her record as a reforming governor and advocate of more oil-drilling, and warning her enemies not to underestimate her (“the difference between a hockey mum and a pitbull—lipstick”). But once the cheering and the chanting had died down, serious questions remained.
The political calculations behind Mr McCain’s choice hardly look robust. Mrs Palin is not quite the pork-busting reformer that her supporters claim. She may have become famous as the governor who finally killed the infamous “bridge to nowhere”—the $220m bridge to the sparsely inhabited island of Gravina, Alaska. But she was in favour of the bridge before she was against it (and told local residents that they weren’t “nowhere to her”). As mayor of Wasilla, a metropolis of 9,000 people, she initiated annual trips to Washington, DC, to ask for more earmarks from the state’s congressional delegation, and employed Washington lobbyists to press for more funds for her town.

Nor is Mrs Palin well placed to win over the moderate and independent voters who hold the keys to the White House. Mr McCain’s main political problem is not energising his base; he enjoys more support among Republicans than Mr Obama does among Democrats. His problem is reaching out to swing voters at a time when the number of self-identified Republicans is up to ten points lower than the number of self-identified Democrats. Mr McCain needs to attract roughly 55% of independents and 15% of Democrats to win the election. But it is hard to see how a woman who supports the teaching of creationism rather than contraception, and who is soon to become a 44-year-old grandmother, helps him with soccer moms in the Philadelphia suburbs. A Rasmussen poll found that the Palin pick made 31% of undecided voters less likely to plump for Mr McCain and only 6% more likely.

The moose in the room, of course, is her lack of experience. When Geraldine Ferraro was picked as Walter Mondale’s running-mate, she had served in the House for three terms. Even the hapless Dan Quayle, George Bush senior’s sidekick, had served in the House and Senate for 12 years. Mrs Palin, who has been the governor of a state with a population of 670,000 for less than two years, is the most inexperienced candidate for a mainstream party in modern history.
Inexperienced and Bush-level incurious. She has no record of interest in foreign policy, let alone expertise. She once told an Alaskan magazine: “I’ve been so focused on state government; I haven’t really focused much on the war in Iraq.” She obtained an American passport only last summer to visit Alaskan troops in Germany and Kuwait. This not only blunts Mr McCain’s most powerful criticism of Mr Obama. It also raises serious questions about the way he makes decisions.

Mr McCain had met Mrs Palin only once, for a 15-minute chat at the National Governors’ Association meeting, before summoning her to his ranch for her final interview. The New York Times claims that his team arrived in Alaska only on August 28th, a day before the announcement. As a result, his advisers seem to have been gobsmacked by the Palin show that is now playing on the national stage. She has links to the wacky Alaska Independence Party, which wants to secede from the Union. She is on record disagreeing with Mr McCain on global warming, among other issues. The contrast with Mr Obama’s choice of the highly experienced and much-vetted Joe Biden is striking.
Mr McCain’s appointment also raises more general worries about the Republican Party’s fitness for government. Up until the middle of last week Mr McCain was still considering two other candidates whom he has known for decades: Joe Lieberman, a veteran senator, independent Democrat and Iraq war hawk, and Tom Ridge, a former governor of Pennsylvania (a swing state with 21 Electoral College votes) and the first secretary of homeland security. Mr McCain reluctantly rejected both men because their pro-choice views are anathema to the Christian right.
The Palin appointment is yet more proof of the way that abortion still distorts American politics. This is as true on the left as on the right. But the Republicans seem to have gone furthest in subordinating considerations of competence and merit to pro-life purity. One of the biggest problems with the Bush administration is that it appointed so many incompetents because they were sound on Roe v Wade. Mrs Palin’s elevation suggests that, far from breaking with Mr Bush, Mr McCain is repeating his mistakes.

Monday, September 1, 2008

Left-Wing Nutjobs Celebrate Hurricane

Rotund propagandist Michael Moore said on television that Gustav is "God's wrath upon the dirty, evil Republicans," and seems to be wishing for as much death and destruction as possible in order to ruin the impact of the convention.

It isn't in a wacko like Michael Moore's DNA to understand that for most decent Americans, politics takes a back seat to the fear of lots of people dying gruesomely. Don't kid yourself: the deranged, debauched demagogue is hoping for a whopper of a storm, the bigger the better. The deadlier the dandier. They figure it will take a hurricane to make people forget about the stunningly brilliant vice-presidential pick.

But cheering for a hurricane to kill massive amounts of people isn’t just the purview of Moore. Caught on camera during a flight Democratic Party leader Donnie “Foul Fowler” Fowler giggles like a drunken sixteen year old girl who just found out her shirt is drenched with her own puke when he says to his fellow traveler that the hurricane is scheduled to hit right at the start of the Republican Convention.

Can you begin to fathom how pathetic one has to be to hope that a disaster helps erase some scored political points from the other side? Nothing like the image of helpless people being battered by a hurricane to make a good Democrat smile, I guess.
It was nice of Fowler to attempt a lame apology for being caught red-headed taking great pleasure and delight in the timing and potential severity of Gustav. But his apology is almost worse than what he said in the first place. In his pathetic “apology” he’s complaining about being recorded by a "right-wing nutcase", he pretends to suggest that he was making a "joke" about the late Rev. Jerry Falwell who said that 9/11 could have very well been an example of God's wrath. Does anyone believe this? The only nutcase in this situation is Fowler. See a truly bizarre human being right here.

Wednesday, August 6, 2008

Economic Ignorance is Far From Bliss

"I believe there needs to be a thorough and complete investigation of speculators to find out whether speculation has been going on and, if so, how much it has affected the price of a barrel of oil. There's a lot of things out there that need a lot more transparency and, consequently, oversight."

Those are the shrill campaign promises of presidential candidate John McCain. This man is the Republican?

There's more.

"I am very angry, frankly, at the oil companies not only because of the obscene profits they've made but at their failure to invest in alternate energy to help us eliminate our dependence on foreign oil. They're making huge profits and that happens, but not to say, 'We're in this so we can over time eliminate America's dependence on foreign oil,' I think is an abrogation of their responsibilities as citizens."

Let me get this straight. A potential president of a putatively free country scolds companies for "obscene profits," failure to invest in competing products, and therefore irresponsible citizenship. Why? Is McCain running for national economic commissar?

This is not the first time McCain has displayed an anti-capitalist mentality. In an early presidential debate he countered former businessman Mitt Romney's claim to superior executive experience by saying, "I led the largest squadron in the U.S. Navy, not for profit but for patriotism".

Why the put down of profit?

It's clear McCain does not understand how markets work or why they are good. He certainly doesn't understand the role of speculators and other middlemen. He's not alone. Speculators are among the most reviled people in history. When they were members of ethnic minorities, they have been easy targets for economically illiterate people who were jealous of their success.
McCain wonders "whether speculation has been going on." He needn't wonder. Speculation always goes on. Speculation means to take a risk on what the future holds in hopes of making a profit. The world's stock and commodities markets are based on this principle. Sen. McCain must have meant it when he told reporters, "I know a lot less about economics than I do about military and foreign policy issues".

I doubt that speculators are responsible for much of the run-up of oil prices. Why didn't they run them up sooner? Besides, there are too many other explanations: increased demand from China and India, the declining dollar and Middle East tensions.

Even if speculators did play a role, what McCain apparently doesn't understand is that speculators perform a valuable service. Most people don't realize this because on the surface speculators don't seem productive. They buy what already exists and resell it. How does that help society?

In fact, the hated speculator is a good guy because his buying and selling reduce volatility and uncertainty in an unpredictable world. He may only be out for his own profit, but that doesn't matter. As the intellectually immortal Adam Smith said, "It is not from the benevolence of the butcher, the brewer or the baker that we expect our dinner, but from their regard to their own interest".

The prices of commodities often change unexpectedly, making business risky. The speculator brings a degree of certainty to otherwise risky ventures. When supplies of a commodity are plentiful and prices low -- but speculators expect the price to rise later -- they buy -- cushioning the collapse of prices. When supplies become scarcer and prices rise, they sell -- easing the shortage and lowering the price. Also, speculators may agree to buy a commodity in the future for a price locked in today. This reduces the risk for an oil producer or farmer who fears investing because he doesn't know what price his product will sell for next year.

As a result of these activities, volatile supplies and prices are evened out over time. Occasionally, speculators increase volatility. Markets are never perfect. (Although they are better than government regulation.) But in general, speculators increase liquidity and keep the market on a more even keel. This makes long-term planning easier for everyone.

It would be nice if McCain would finally learn some economics. He'll be far, far better than Barack Obama but McCain had better surround himself with economic advisers if he hopes to achieve anything like his so-called idol Ronald Reagan.

Monday, July 28, 2008

NEA: For education? Or for Communism?

The nation's largest teachers union, the National Education Association, attracted 9,000 delegates to its annual convention in Washington, D.C., over the July Fourth weekend. Delegates sported buttons with provocative slogans such as "Gay marriage causes global warming only because we are so hot," "Hate is not a family value," "The Christian right is neither" and "Gay rights are civil rights."

The delegates passed dozens of hard-hitting resolutions that now become the NEA's official policy. The resolutions authorize NEA members and employees to lobby for those goals in the halls of Congress and state capitols.

NEA resolutions cover the waterfront of all sorts of political issues that have nothing to do with improving education for schoolchildren, such as supporting statehood for the District of Columbia, a "single-payer health care plan" (i.e., government run), gun control, ratification of the International Criminal Court Treaty and taking steps "to change activities that contribute to global climate change."

The NEA fiercely opposes any competition for public schools, such as vouchers, tuition tax credits, parental option plans or public support of any kind to nonpublic schools. The NEA strongly opposes designating English as our official language even though such a designation is supported by more than 80% of Americans.

The NEA opposes home schooling unless children are taught by state-licensed teachers using a state-approved curriculum. The NEA wants to bar home-schooled students from participating in any extracurricular activities in public schools even though their parents pay school taxes, too.

The NEA wants additional (job-creating) services and programs — such as early childhood education — provided by public schools. NEA resolutions call for "programs in the public schools for children from birth through age 8" and for "mandatory kindergarten with compulsory attendance."

NEA resolutions include all the major feminist goals such as "the right to reproductive freedom" (i.e., abortion on demand), "comparable worth" (i.e., government control of wages according to feminist ideology), full funding for the feminist boondoggle called the Women's Educational Equity Act and censoring all masculine words such as husband and father. The NEA even urges its affiliates to work for ratification of the Equal Rights Amendment. The ERA was declared dead by the U.S. Supreme Court 26 years ago.

The influence of the gay lobby is pervasive in dozens of NEA resolutions adopted by 2008 convention delegates. Diversity is the code word used for pro-gay indoctrination in the classroom.

The NEA's diversity resolution makes clear this means teaching about "sexual orientation" and "gender identification." The NEA demands that "diversity-based curricula" be imposed on preschoolers.

NEA convention delegates were invited to an open hearing by the SOGI Committee. In case you don't know, SOGI stands for sexual orientation gender identification.

The NEA urges its members to offer "diverse role models" via the "hiring and promotion of diverse education employees in our public schools." The NEA puts "domestic partnerships, civil unions and marriage" on an equal footing.

The NEA wants every child, regardless of age, to have "direct and confidential access, without notification to parents, to comprehensive health education. That would include things such as learning how to use condoms for premarital sex, as well as social, and psychological programs and services."

The NEA wants public schools to take over the physical and mental care of students through school clinics that provide services, diagnosis, treatment, family-planning counseling and access to birth control methods. Family planning clinics are called on to "provide intensive counseling."

The NEA wants all sex-education courses, textbooks, curricula, instructional materials and activities to include indoctrination about sexual orientation and gender identification plus warnings about homophobia.

The NEA not only favors amnesty for illegal-immigrant students, but also in-state college tuition and financial aid to illegal-immigrant college students.

The NEA is strong for "multicultural education," which means "the process of incorporating the values" and influencing "behavior" toward the NEA's version of "the common good," such as "reducing homophobia."

Of course, the NEA supports "global education" to teach "interdependency in sharing the world's resources." It's also no surprise that it opposes any requirement that schools "schedule a moment of silence."

These platforms sound like they should coming from the ALCU or the DailyKos, not the organization that speaks for the nation's public school teachers. How can education attempt to be objective and unbiased when the NEA is spouting off garbarge like this?

Wednesday, July 23, 2008

Wake up Mac, Start Fighting not Sleeping!

Iraqi Prime Minister and political stooge Nouri al-Maliki has cut the legs out from under John McCain by basically endorsing Sen. Barack Obama's troop-withdrawal plan.


Just when McCain had Obama on the defensive over the Democrat's plan to surrender after we've won in Iraq, Maliki has made McCain look like General Ripper for opposing a timetable for withdrawal.

Unless McCain changes his approach, he's lost the use of this issue. He can't come out for staying in Iraq longer than the government we support wants.

The Republican needs to shift the debate to Iraq's future. Neither Obama's belaboring of his previous opposition to the war nor McCain's attacking the Democrat's opposition to the surge is relevant - both lines are history lessons best left in the classroom. What voters want to know is: What now?

McCain needs to hammer at one basic theme: that Obama's pullout plan will lead to a third Iraq war. The Democrat wants to keep substantial numbers of troops next door, to go back into Iraq if necessary. McCain should stress that a premature withdrawal will lead to a collapse - losing the hard-won stability in Iraq, opening the door to an Iranian takeover and al Qaeda revival, and potentially forcing a new US invasion.

Obama isn't a peace candidate, McCain can say - just an advocate of a deferred war. Just as the first President George Bush left the ingredients in place for a second war when he failed to depose Saddam Hussein in 1991, so Obama will fail to finish the job and invite yet another war if he abandons Iraq before our gains have been consolidated.

With Ralph Nader running on a strict antiwar platform, Obama is vulnerable on the left. If he seems to falter on a withdrawal from Iraq, or leave the door open to re-entry, McCain's attacks can drive liberals away from the Democrat.

It's literally true that if McCain is elected, there will be fewer US deaths in Iraq than there will be if Obama prevails. By pulling out only when it's safe to do so, McCain would finish the job and allow a peaceful transition to a stable democratic government. If we pull out too fast - and then have to go back in - the casualties will be many times those we now face.

Thursday, June 26, 2008

Whiny leftists need reality check

At a recent press conference Sen. John Kerry was upset as he snarled as only an angry liberal can, "Oil companies in America are reporting record profits. Record profits."

When did profit become a dirty word? When did it become bad to be successful? Probably somewhere around the time it became good to be a teenage mom and go on welfare.

I wish the oil executives would face the media. They could say something like:

"What are you complaining about? What do you think we do with our profits? Buy fancy cars and homes? Well, we do, actually, but nearly all the money goes to looking for more oil and following environmental rules that you want us to follow. You should want us to make more profit. Anyway, we make less profit per gallon than your beloved government takes in taxes."

Gas prices may be setting a record, but on this issue Congress has set a record for inanity. What else are we to say about an anti-"gouging" bill passed last year by the House that would make it a crime to charge "unconscionably excessive" prices, "tak[e] unfair advantage of unusual market conditions," and "increase prices unreasonably" during an emergency?

Please. Lawyers will get rich debating vague words like those. Laws are supposed to be clear so we'll know in advance what's legal and what's not. But there's nothing clear about those "crimes."
That's not legislation. It's legislative posturing by the liberal fools in our Congress. Considering the perverse incentives of electoral politics, I'm amazed this bill got only 284 votes.

And Congress should know better. After Hurricane Katrina, Congress had the Federal Trade Commission investigate price gouging, and so the FTC studied price spikes going back years. But it found "no instances of illegal manipulation."

If the politicians do enforce anti-"gouging" rules, it will be akin to capping prices, and we tried that before. It was a disaster. Drivers had to wait in long lines, and some couldn't get any gasoline. Only when price controls were lifted did supplies rush in, and only then did prices go back down.

Why did prices spike recently? It's just supply and demand. Demand is up 3 percent, while supply is up just 1 percent.

And gasoline is still a bargain. Think about what it takes to bring it to us: Drills must bend and dig sideways through as many as seven miles of earth. What they find has to be delivered through long pipelines or transported in monstrously expensive ships, then converted into three different formulas of gasoline, moved in trucks that cost more than $100,000 each, and shipped to gas stations that have to have lots of expensive equipment to make sure we don't blow ourselves up filling the tank. Even after all that, gasoline is still cheaper per ounce than the bottled water gas stations sell.

There's no dirtier word in English than "gouging." But we've had enough unpleasant experience with price controls to know that all they do is create shortages.

Who, but the politician, benefits from that?

Thursday, June 12, 2008

Let's Play the Numbers Game (I Don't Mean the Lottery.)

Presidential politics, like football, chess and other rule-bound competitions, is simple in objective but complex in execution. The objective is 270 electoral votes. This year the execution will turn on numbers such as:

48.3: In 2004, John Kerry won that percentage of the popular vote, the strongest showing ever by someone losing to a re-elected president. The lesson of this is that Democrats start from a position of strength.

251: That was John Kerry's electoral vote total. Barack Obama stands a better chance of holding Kerry's 19 states and the District of Columbia, and finding 19 more votes, than John McCain does of holding all 31 of Bush's states.

Obama might capture the 2004 red states New Mexico (5 electoral votes), Nevada (5) and Colorado (9) - George W. Bush won them by a combined 127,011 votes - giving him 270. McCain, who in his 10-year campaign for the presidency has lingered in New Hampshire long enough to vote as a resident, might turn it red, gaining 4 votes.

Obama, however, has reasonable hopes of winning Iowa (7), which Al Gore won by 4,144 votes out of 1,315,563 cast in 2000. Bush won it in 2004 by 10,059 out of 1,506,908 cast. And Obama's estimated 90,000 caucus votes this year almost equaled combined 118,167 won by Mike Huckabee, Mitt Romney, Fred Thompson, McCain, Ron Paul and Rudy Giuliani.

Furthermore, Obama might carry Virginia (13). Bush won it with 54 percent in 2004, but rapid demographic changes favor Democrats and Obama won this year's primary with 623,141 votes while McCain was beating Mike Huckabee with 244,135.

Should former Sen. Sammy Nunn (a name only found below the Mason-Dixon line) be his running mate, Obama might win Georgia. Obama's 700,366 primary votes were more than Huckabee's 326,069 and McCain's 303,639, combined.

41 and 21: Obama lost by 41 points the primary in West Virginia, which is contiguous to Pennsylvania (21 electoral votes), where he lost the primary by 10 points, partly because, as in West Virginia, he was unappealing to blue-collar whites. McCain might hope to win Pennsylvania - assuming that Obama's running mate is not the state's popular Gov. Ed Rendell.

7.2 percent and negative 1.2 percent: Michigan's first-quarter unemployment rate of 7.2 was the nation's worst and Michigan was one of just three states, and the only Midwest state, whose economies contracted (Michigan's by 1.2 percent) in 2007.

Democrats misgovern Michigan, so McCain, especially if running with native son Mitt Romney, might hope to turn Michigan, with its 17 electoral votes, red for the first time since 1988.

55: California has that many electoral votes, more than one-fifth of 270. McCain, who likely will be relying on $84.1 million taxpayer dollars, cannot afford to compete in California.

15: Obama, probably relying on voluntary contributions, will have enough to spend speculative millions on, say, North Carolina (15). In 2004, Bush won it with 1,961,166 votes (56 percent) but in this year's primary, where turnout was below what it'll be in November, Obama (875,683) and Clinton (652,824) got 1,528,507, slightly more than Kerry received in the 2004 general election.

56: That is the number of jurisdictions that will be deciding the allocation of the 270.
There are 50 states and the District of Columbia. Maine and Nebraska, however, award two electoral votes to the candidate who wins the statewide popular vote, and one to whichever candidate carries each congressional district. Maine has two districts, Nebraska three.
Since the two states decided to abandon winner-take-all allocation of their electoral votes (Maine in 1969, Nebraska in 1991), each state's congressional districts have not differed in their presidential preferences. But Nebraska's Second District is, essentially, Omaha. Obama might sense an opportunity.

4: That is the number of commas in the number of possible combinations of jurisdictions that can give a candidate 270 or more electoral votes. The votes disposed by the jurisdictions range from one (the Maine and Nebraska congressional districts) to three (7 states and DC) to California's 55, with 17 different numbers between three and 55.

2016: Assuming, that Obama wins, 2016 is the next time Hillary Clinton, who will then be 68, can seek the Democratic nomination. By then, the median age of the electorate will be 47, so for many millions of voters, Bill Clinton's tenure will seem only slightly less distant than Grover Cleveland's, the last Democratic presidency that did not make sensible citizens wince.