Thursday, July 31, 2008
McCain accuses Obama of playing the race card.
McCain accuses Obama of pandering on Iraq.
McCain accuses Obama of ducking out on visit to wounded troops.
McCain accuses Obama of being willing to lose the war in order to win the election.
McCain accuses Obama of flip-flopping on the Holocaust.
McCain accuses Obama of just being a celebrity. (Aren't all politician celebrities?)
McCain accuses Obama of being soft on Cuba.
McCain accuses Obama of "doublespeak.
McCain accuses Obama of "pandering" to 65% of the voters. (What about the other 35%?)
Etc. etc. etc. etc. etc. etc. etc
The main problem with this approach is that it doesn't tell us what McCain will do for the country if elected president. He doesn't even tell us why we should vote for him. In fact, the constant array of accusations may tell people why they shouldn't vote for McCain. This is a carefully planned strategy designed to wear away at the image of Senator Obama. Unfortunately for McCain it's a poorly planned strategy that will ultimately wear away his own image. There is one ultimate accusation that McCain can make that will assure his election.
McCain Accuses Obama of Being Better Presidential Candidate.
Senator McCain who insists on attaching himself to an administration that has patented the use of self-deception, is running a campaign that is going rapidly in reverse. Other than reiterating the expected Republican pledge about not raising taxes, Senator McCain has spent much more time attacking Senator Obama's qualities than clarifying what McCain do for this country if elected president. Time is running out and it is clear that the Republican Party is getting more and more desperate. The latest attack ad is likely just a warm-up to even more vicious attack ads that will be released in September and October. By then, the Republican attack ad team will be pairing up Senator Obama with Kermit the frog and Miss Piggy. If they do, they will be giving Senator Obama a better supporting cast in Senator McCain is likely to surround himself
Wednesday, July 30, 2008
Monday, July 28, 2008
There are questions about Kermit's qualifications to be vice president of the United States. However, an unnamed friend of Kermit's said, "Kermit has a demonstrated history of leadership in times of crises and has also displayed a unique ability to get along with all creatures." The animal world is naturally quite excited about such a prospect, particularly frogs and toads. Effingmeyer Toad, a state representative from Mississippi, has gone on record stating that, "Frogs and toads have the greatest possible vested interest in the quality of water in this country and can make a significant contribution to water conservation in drought stricken areas."
When Senator McCain was asked about Kermit's qualifications, he is reported to have responded, "A frog? I wouldn't put anything past Obama. That's too far liberal for anything America could ever tolerate." It is actually not known whether Kermit is a liberal, moderate or a conservative. For that matter, it's not even know whether he is a Democrat. There is no record of Kermit ever voting in any election. Nor has Kermit held any public office. These factors should not be any barrier to Kermit running as vice president in view of the qualifications and performance of many members of Congress.
Stay tuned for further rumors.
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Friday, July 25, 2008
"That is why America cannot turn inward. That is why Europe cannot turn inward. America has no better partner than Europe. Now is the time to build new bridges across the globe as strong as the one that bound us across the Atlantic. Now is the time to join together, through constant cooperation, strong institutions, shared sacrifice, and a global commitment to progress, to meet the challenges of the 21st century. It was this spirit that led airlift planes to appear in the sky above our heads, and people to assemble where we stand today. And this is the moment when our nations -- and all nations -- must summon that spirit anew."
On Thursday July 22, in Rochester, New Hampshire, John McCain said, "This is a clear choice that the American people have. I had the courage and the judgment to say I would rather lose a political campaign than lose a war. It seems to me that Obama would rather lose a war in order to win a political campaign."
Many of those who oppose Senator Obama have said that his speeches are mostly rhetoric, empty of significant content. If Senator McCain's speech is an example of significant content, then this nation cannot subsist on it.
Joe Klein, reporter for Time magazine said of McCain's comments, "This is the ninth presidential campaign I've covered. I can't remember a more scurrilous statement by a major party candidate. It smacks of desperation. It renews questions about whether McCain has the right temperament for the presidency. How sad."
Thursday, July 24, 2008
Before we go about policing the other nations of the world for their violations of human rights it is necessary for us to make sure that we have adequately policed our own nation. The picture of the sweatshop above is hardly a dingy ill-lit area in an old factory building. Rather, it is in a modern setting with modern equipment. There is no way this could have been going on without many people knowing about it. One wonders how long it was operating beforeit was finally closed down.
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Oil traders said SemGroup could have exacerbated the spike in oil prices this month, when the market experienced unprecedented swings of more than $10 a barrel, as the company was buying back some previous bets on lower prices.
The bankruptcy of SemGroup, which describes itself as the fourteenth largest US private held company, affects approximately $3.1bn of debt, according to court filings. Oil company BP is the largest creditor, with almost $160m.
SemGroup bet in the futures market that oil prices would fall as a way to hedge its positions in the physical market. But as prices jumped this month to a record of $147.27 a barrel from less than $100 a barrel at the beginning of the year, the mounting losses triggered large margin calls from banks – a request to put up more collateral – draining the company’s cash reserves.”
While this particular instance does not in another itself account for significant crude oil price increases, it does provide evidence that the trading in crude oil futures is very volatile and can be influenced by traders. Crude oil prices dropped to $125 a barrel on Wednesday and there is some in the industry who are talking about the possibility that crude oil prices could eventually drop as low as $100 a barrel. A 30% plus decrease in crude oil prices in the absence of a significant drop-off in demand suggests the heavy hand of speculation. Those who continued to deny the influence of speculation need to be reminded of the line from Macbeth, "Methinks the lady doth protest too much."
Tuesday, July 22, 2008
It is likely that "some" degree of speculation pushed the price of crude oil to its record heights. Once the price began to back off, the owners of crude oil contracts (we don't dare say speculators) began to sell off their contracts in fear that the price would soon begin to decline. Once a few people sell off, then a few more people sell off, and the next thing that happens is a "correction." It remains to be seen how much more the price of crude oil declines in the coming days and weeks.
If I were an owner of crude oil contracts I would be a little nervous now. There is no doubt that supplies of crude oil worldwide have been under pressure. But for the short term, and probably for the intermediate term, crude oil prices will remain high. However, in the not-too-distant future are factors such as T. Boone Pickens multibillion-dollar investment in wind power and others looking to make money in alternative energy could have more of an impact on the long-term price of crude oil then we had been led to believe. Also, the recent trend towards the manufacture and purchase of more fuel-efficient cars can have an impact on the price of oil. If Americans persist in this trend so-called speculation in crude oil prices might become less lucrative.
Friday, July 18, 2008
Most people view Senator Obama's age advantage as a major factor in making him the overwhelming favorite. However, McCain has said off the record that he will body check Obama off the court. Furthermore, if the game gets really physical, McCain is purported to have stated that, "I will put some major bruises on Obama." When Obama heard this he is reported to have laughed and said, "That dude will never lay a hand on me." In order to sharpen up his game Senator McCain is reportedly working out with the Boston Celtics under the special tutelage of Paul Pierce. Pierce will also be able to help the senator interpret any gang signs that Senator Obama might be inclined to use.
Senator Obama has been working out with the USA women's Olympic basketball team. His wife Michelle has been at every workout and monitoring his progress very closely. Excitement about this game has risen to a fever pitch, even eclipsing the anticipation for the Olympics. Dick Vitale has been selected as the play-by-play announcer, and Magic Johnson and Charles Barkley will provide commentary at halftime. Stay tuned for further announcements.
Wednesday, July 16, 2008
There is another option in the investment arsenal that is called "short selling." When you short sell a stock, your broker lends it to you. The stock will come from the brokerage's own inventory, from another one of the firm's customers, or from another brokerage firm. The shares are sold and the proceeds are credited to your account. Sooner or later you must "close" the short by buying back the same number of shares (called covering) and returning them to your broker. Short selling is a risky investment technique, but at times like this it can lead to substantial profits. Do not do this without doing considerable research and talking it over with your brokerage firm!
Some investors have been making a steady income by short selling General Motors, Lehman Brothers, Toll Brothers, and the number of other stocks whose prices have consistently declined for the past year. Short selling has gotten a bad name because it has been blamed for decreasing stock prices. There is nothing wrong with short selling and it by no means explains the decreases in stock prices. In a way, it seems somehow un-American to make money by selling somebody else's stock. Well, there is nothing patriotic about watching your investment portfolio shrink from month to month to month not knowing when it will turn around. I want to make it clear that this post should not be construed as a recommendation to get involved in short selling. Rather, the purpose of this post is to point out that for people who know what they are doing, short selling the majority of stocks in America has been a profitable, if vaguely un-American, investment option during the past year.
Sunday, July 13, 2008
In an article in the Huffington post, John Tomasic discusses this possibility as a result of the work of a PUMA (Party United My Ass), Hillary supporters who have never given up. He goes on to say to, "Obama's recent controversial positions and the deep dissatisfaction that has resulted among many progressive Obama supporters has apparently opened a window for the reluctant Democrats Obama has been trying intermittently and with mixed results to woo since the long season of primary voting wrapped up -- when Clinton suspended but never officially ended her campaign."
While this is not a likely event, it can't be ruled out entirely. If it happened it would be almost without precedent and certainly throw the presidential contest into chaos. It would certainly throw the Hillary haters and bashers into a state of profound shock, one which they might never recover from. SHE”S BACK.
http://politigal1.blogspot.com/) is probably worth several thousand words.
It's a shame that Senator McCain has a chief adviser who is so out of touch and contemptuous of the vast majority of Americans. If you are not an affluent American and have concerns about: health insurance; your ability to make your mortgage payment; whether you can pay for the gasoline to drive to work and take your children to school; the increasing price of food; and a host of other concerns, can you really afford to vote for a man whose chief economic adviser is so insensitive to your concerns and issues.
Saturday, July 12, 2008
Madonna is a great success at keeping herself in the public eye. A recent Yahoo article links her with Alex Rodriguez (A-Rod), Britney Spears, Justin Timberlake, Vanilla Ice, and a number of other people. It's really hard to keep track. There's even a scene of her locking lips with Gwyneth Paltrow. In view of all the people that Madonna has been associated with I'd be awful careful before I'd lock lips with her, not that such a thought ever entered my mind. Madonna's big thing these days is her devotion to the Kabbalah which involves Jewish mysticism and special rites and rituals. Madonna's free to the study anything she wants, but there are a lot of Jewish people, myself included, who wish she'd study something else, perhaps high in Tibetan Himalayas.
Madonna is totally about Madonna and is the epitome of the "me" generation. She's a study in self-absorption and if somebody called her narcissistic I'd be the last person to disagree. Why am I writing about her? This is supposed to be a blog about political, economic, and social issues. I maintain that Madonna is one hell of a social issue. She's been around for more than to 25 years, and given her physical condition its likely that she'll be around for another quarter of a century. That'a daunting thought. It's likely Madonna will continue to come up with new things to amuse us and keep herself in the headlines.
George is thrashing in bed and screaming out "No, no, no." Laura is awakened and rubs her eyes. George continues thrashing and screaming incoherently.
Laura reaches out and shakes the president's back. "Georgie, Georgie, wake up, wake up." George does not respond and continues moaning. Laura finally punches him in the arm and this awakens George.
"What's happening?" he asks, breathing heavily.
"You tell me. You are the one who was screaming and moaning in the middle of the night."
"That's right! I was having a terrible nightmare. Oh, Laura you couldn't imagine what was happening to me."
"Georgie, just tell honey buns and I'll make it all right," Laura says soothingly.
George takes a deep breath and tries to calm himself. "It was July 4, 2008 and everything was going wrong."
"What do you mean? asks Laura.
"Johnny McCain is going to be the nominee, and he's barely speaking to me."
"There's no way that man's going to be the nominee," Laura says emphatically.
"I know that," George says. "I know that. And that's not the worst of it."
"Tell me honey buns," Laura says.
"My popularity ratings are the lowest in history, the war in Iraq seems like it will never end, a terrible recession is happening, millions of people are losing their homes, and Israel is going to attack Iran." George is once again out of breath and panting.
Laura takes him in her arms and strokes his brow. "Honey buns, it's all just a nightmare. It's November 2004 and you told me that the war in Iraq would be over within a year. So it's impossible for the war to be going on in 2008. Isn't it?"
"Sure, sure," George says.
"Besides, your popularity ratings are very high. How could you ever become the most unpopular president in history? It's simply not impossible," Laura insists. "The economy is doing fine, and housing sales are booming. Didn't Alan tell us that we’re in the greatest period of prosperity in American history."
"I seem to recollect that. Perhaps it was on the memo that I didn't read. But you're sure you remember it don't you?"
"Yes, Georgie." I read all of your memos."
"Sure do appreciate that hun. You know I can keep track of all these details. But what about Israel attacking Iran?"
"They'd never do that without your permission," Laura says with great determination. "You need to remember that you're the leader of the free world and the best president the United States of America ever had."
"Yes. You're right." George breathes a sigh of relief. "I'm so glad I married you. Everything is going to be fine."
Wednesday, July 9, 2008
anyone might read. With utter unctuousness Ms. Dowd says, "It’s the sort of novel Laura Bush might curl up with in the White House solarium if it were not about Laura Bush. It would be interesting to hear how that lover of fiction feels about being the subject of fiction." This is an incredible, unsupported assumption on the part of Ms. Dowd. It assumes she knows the reading habits of Laura Bush, particularly with regard to sexually detailed novels. Given what Ms. Dowd says later, it is unlikely she has such information.
In the very next paragraph in her column Ms. Dowd says, "You don’t get any fingerprints from Laura Bush. When you look into her eyes during an interview, you feel as if she is there somewhere, deep inside herself, miles and miles down. But though she is lovely and gracious, the main vibe she gives off is an emphatic: “I am not going to show you anything ." Why would Laura Bush want to expose herself to, and I do not use that term loosely, the prying eyes of the press? In particular, why would she want to reveal anything regarding her inner self to Maureen Dowd, who is an ultra-liberal who has said many nasty and unkind things about her husband and his administration?
I don't fault Ms. Dowd for saying critical things about the Bush administration because that is her job as a columnist. However, I do find Ms. Dowd's style of writing to be offensive because of her smugness and the way she seems to imply "I know what's right, and you don't; therefore you are a lesser being than I." Ms. Dowd’s sharp scalpel continually carved away at Hillary Clinton as if she were some being from the nether worlds. I imagine Ms. Dowd is beginning to have a bad case of indigestion regarding Senator Obama’s move to the center. Alas.
I cannot make any judgment on this book because I have not read it. I'm reacting to Maureen Dowd's column and her statements and her description of what the book contains. When I read this book, and I surely will, even if I were to find it offensive I would strongly defend its right to be published because I am an ardent believer in the rights of free speech. I have said many things in my blog that would have put me at risk in other countries. I would also defend Ms. Dowd's right to say what she wants in her column. I just don't like what she has to say or how she says it. When I wrote the header to this post I was tempted to say Wet Dreams instead of Dreams, but that would have been offensive.
Tuesday, July 8, 2008
Senator Obama naturally refuted Senator McCain's statement. His campaign political team worked overtime in showing that this was not true and how Senator Obama's tax plan would be beneficial to most of the middle class. The newspapers even challenged Senator McCain's assertion. None of this will matter because as long as you are defending yourself you are climbing uphill. It's a little like responding to the infamous question that has now become a terrible cliché, "When did you stop beating your wife?" All the other issues in the campaign will fade into the background. What about Iraq? Doesn't matter. What about the economy? Doesn't matter. What about the price of gasoline? Doesn't matter.
Senator McCain will now repeat the following refrain endlessly until his victory on Election Day.
Senator Obama will raise your taxes I will not.
Senator Obama will raise your taxes I will not
Senator Obama will raise your taxes I will not.
Sunday, July 6, 2008
The Swassian ambassador and his wife slowly maneuvered their respective captives until they were all together. The ambassador shouted, "Nobody gets in our way or they both get killed." A bright white beam suddenly surrounded the four of them and, to the amazement of the hundreds gathered at the reception, they all disappeared. What the people inside the reception did not know was that a large flying saucer had suddenly appeared over the White House. Planes had been scrambled and were in the process of intercepting the saucer when it moved upward at an extraordinarily high rate of speed into the outer atmosphere and then it was gone.
Secretary of State, Condoleezza Rice, and Secretary of Defense Robert Gates were seen huddled together immediately after disappearance of the president and vice president. Senate majority leader Harry Reid, also in attendance at the reception, soon joined the conferring parties. Condoleezza Rice was handed a portable microphone and told everyone present that they would be detained for questioning and held into the room until further notice. At that point Condoleezza Rice, Robert Gates, and Harry Reid left a main ballroom and hurriedly walked with a cordon of Secret Service agents to the oval office. They were soon joined by the Secretary of the Treasury, Secretary of Health, head of Homeland security, and Karl Rove.
Two hours later Secretary of State Condoleezza Rice went to the White House press room and read the following statement."At approximately 6:30 p.m. this evening President of the United States George Bush and vice president of the United States Richard Cheney were kidnapped by aliens posing as the Swiss ambassador and his wife. They were apparently beamed from inside the White House ballroom to a flying saucer located above the White House. The saucer flew into outer space at speeds exceeding 100,000 mph and then disappeared from all ground and satellite radar screens. I have conferred with secretary of defense, Robert Gates, and Harry Reid, Senate Majority Leader, and other members of the Cabinet, and we all agree that according to the presidential succession act of 1947 that since there is neither a President nor Vice President to discharge the powers and duties of the office of President, then the Speaker of the House of Representatives shall, upon his resignation as Speaker and as Representative in Congress, act as President. Speaker of the House Nancy Pelosi will arrive at the White House within the next hour and be sworn in as president of the United States. May God save America."
Friday, July 4, 2008
Paul Krugman of the New York Times makes very cogent points about what is happening in the political campaign wars. He stated the following:
"The willingness of the McCain campaign to engage in these tactics, employing such tainted spokesmen, tells us that the campaign has decided to go negative — specifically, to apply the strategy Karl Rove used so effectively in 2002 and 2004 (but not so effectively in 2006), that of portraying Democrats as unpatriotic."
Picture of Paul Krugman
I believe Karl Rove to be a totally immoral man. He will do anything at all to achieve his ends even if it means defaming people, or as in the case of former Governor Seligman of Alabama, helping to put them in jail on false charges. (Blogger's words)
Thursday, July 3, 2008
Senator McCain emphasized his experience but talking about events that occurred during the Reagan administration, and even referring to Teddy Roosevelt, made him look out of touch with the current economic crisis. Senator Obama made a point of emphasizing the need for a lead it to be able to "look around the corner" and think about what's going to happen next as opposed to always being in a reactive state. While Senator McCain appeared to be more cordial at first, he clearly has disdain for the younger man who is now increasingly being seen as a good more commanding leader despite his lesser experience. McCain fails to see that experience in an of itself is not a recommendation for leadership.
While Senator McCain saw the provision of health care as responsibility, Senator Obama saw it as a right of all Americans. Senator McCain's emphasis on turning to the private sector for health care seems ill chosen when the financial private sector has collapsed and the health-care private sector is best known for its attempts to deny or limit to policyholders. A woman in the audience had a good question when she wondered if we should make health care more like a public utility. Unfortunately neither senator chose to address this issue.
When Senator McCain referred to Senator Obama as, "That one," he lapsed to a level of disrespect heretofore not seen in presidential debates. Senator McCain's one attempt at a "new initiative" whereby the government would buy up mortgages, turns out to be in the plan that was passed by Congress last week. If Senator McCain can't be bothered to read, then he ought to have better staff members who read what he should and remind him of what he should know. This was an evening Senator McCain needed to win in a fashion that would turn around the campaign. Unfortunately for Senator McCain, the evening turned out the exact opposite of what he needed.
Wednesday, July 2, 2008
The headline in the Huffington Post, under Arriana Huffington’s byline, was, "Seven Things Barak Obama Should Do to Keep from Blowing It. Ms. Huffington went on to outline seven steps Senator Obama should undertake to assure his victory in the November election. Ms. Huffington's advice is well worth reading, and most of it is good common sense. However, one wonders whether she is talking as a reporter/journalist or as a presumed leader of the Democratic Party. The Huffington Post quoted Will Marshall, president of the centrist Progressive Policy Institute as saying, "I've been struck by the speed and decisiveness of his move to the center."
The Los Angeles Times expressed its concern with the headline, "Obama is shifting toward the center.” This was followed up by a statement that recent changes by Obama carry some risk that he will diminish the image he has sought to build as a new type of leader who will change how Washington conducts business. Unless I misremember my history, seizing the center is how most candidates have gone on to become president. It is likely that Obama is focusing on the broader electorate which he will need to win over in order to secure a victory in the electoral College. For those of us who have forgotten, but certainly not Al Gore, in order to become president you need to win the majority of electoral College votes, which is different then getting the most votes on a nationwide basis. In any event, it is unlikely that Senator Obama will shift so far right that he will become indistinguishable from Senator McCain, solely on political issues.
Tuesday, July 1, 2008
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